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Residential construction surges in South Florida
Power Design, Inc. corners South Florida's luxury condo market
The St. Petersburg, Florida-based company achieved its highest value of contract awards in 2014 after 25 years in business, nearly a third of which came from South Florida. As a result, Power Design is now amidst the boom with more than 40 projects currently under construction in the South Florida market.
“With all of the work we currently have in South Florida, the luxury condominiums are the most impressive,”
Out of the roughly 40 projects Power Design has under construction in South Florida, 9 out of the top 10 largest contract values belong to condominium projects. Topping the list, is Surf Club, followed by Jade Signature, Brickell Heights, SLS Lux Brickell, and One Thousand Museum (pictured above).
This trend bodes well not only for Power Design’s projected revenue, but for hiring opportunities in the local Tampa Bay and South Florida areas as well. It also affords Power Design the ability to continue partnering with some of the top developers and general contractors in the country, who are also reaping the benefits from the South Florida surge in construction.
About Power Design, Inc.
With more than 130 active projects, a 70,000-square-
Since founded in 1989, Power Design has operated as a family-run business built on an unbending foundation of quality service and loyalty to our employees and customers. Our commitment to customer service has enabled us to partner with the top 100 general contractors as ranked by Engineering News-Record (ENR). For more information or call 727.210.0492.
Page Updated Last on: Jun 10, 2015