Lake Charles is the nation’s strongest construction market right now. According to BusinessWeek magazine, the city saw the highest increase in building permits issued during the first six months of this year of any community in the country. Permits were up nearly 123% from the first half of 2008. The magazine notes the Lake Charles economy still is rebuilding from Hurricane Rita in 2005 and Hurricane Ike last year. Also bolstering construction were the new nuclear power fabrication facility now under construction, and an 870% jump in building permits for apartments compared to the same period a year ago. The data comes from Hanley Wood Market Intelligence. Read the rest of 10/12 Corridor Weekly here.
Lake Charles is the nation’s strongest construction market
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