by Rebecca Walker — February 13, 2009—Giffels-Webster Engineers, a civil engineering firm with a 50-year industry reputation for its vision for today’s market and beyond, has unveiled its annual list of the top five trends in real estate and development.
According to GWE, they are infrastructure rehabilitation , urban redevelopment, energy generation, life sciences, and health expansion and renovation.
“The credit crunch, weakened consumer confidence and escalating construction costs have caused financial distress for developers, contractors and retailers that will continue throughout 2009,” said Loren Crandell, president and CEO, Giffels-Webster Engineers. “But smart companies will focus on these trends and aggressively chase new opportunities, effectively weathering the challenging days ahead.”
Intrinsic to each of the following trends is sustainable design and LEED-certified construction. Green elements will continue to be incorporated into projects as energy efficient, healthy spaces remain a top priority, says the company.
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