San Diego Business Journal

Local Construction Starts Rose 44 Percent in 2016’s First 11 Months

By Lou Hirsh Tuesday, January 3, 2017
   

San Diego County’s construction starts rose 44 percent from a year ago, topping $4.52 billion in value in the first 11 months of 2016, according to research firm Dodge Data & Analytics.

The firm’s latest monthly numbers, based on the value of building permits pulled, showed non-residential projects more than doubling the year-ago figure for the January-to-November period, at more than $2.54 billion. The residential project tally rose 5 percent, to $1.98 billion.

Non-residential projects include office, industrial, retail, education, government and other types of non-residential construction. The residential category includes single-family and multi-family housing.

For the month of November, total construction starts topped $669.4 million, more than double the year-ago number. Non-residential projects totaled nearly $564.1 million, nearly twice the year-ago figure; and residential projects totaled $105.3 million, up 7 percent from November 2015.