“They’ve got nowhere to go.”
We were in a progress meeting in North Laurel yesterday for our development project. There are an accumulation of details that need to be addressed as we rapidly approach our targeted completion date, a mere three weeks away.
One of the challenges for our general contractor these last few weeks is keeping the job moving. The tradesmen, on the other hand, view our deadline a bit differently. They would just as soon spend an additional month or so finishing up because after this, there is no job. They’ve got nowhere to go.
It is a poignant reminder that we are not yet out of the recessionary woods. No new office projects have started in HoCo this year and none is expected until next year at the earliest. Ironically, there were more projects started last year, at the height of the recession, than this year, the recovery.
It is doubtful that these guys will find one of those supposed green jobs anytime soon either.
Columbia in Review
20 hours ago