BUILDING BOOM
IN 2025

As we look ahead to the next few years, the construction and renovation industry is poised for a major economic boom. There are several key factors driving this growth that Cohen Construction is closely monitoring and preparing for.

 

• CONTINUED STRONG DEMAND: The first major driver is the continued strong demand for new housing. Population growth, particularly in urban and suburban areas, is creating high demand for new single-family homes, townhomes, and multi-family developments. Additionally, many existing homeowners are looking to renovate and expand their current homes to meet their changing needs. This combination of new construction and renovation projects will keep builders and contractors very busy.

• TAX CUTS & REDUCED REGULATIONS: Another factor fueling the construction boom is the expectation that taxes will be cut and regulations will be reduced. This will encourage more investment and drive significant construction activity, from single family homes, to multi-family properties, to commercial buildings.​

• INTEREST RATE CUTS: Adding to the formula for the growth in construction is the lowering of interest rates by the Federal Reserve. This will make it easier for individuals and businesses to secure loans and financing for construction and renovation projects. This increased access to capital will lead to a surge in demand for construction services.

• CONTINUED GROWTH OF COMMERCIAL REAL ESTATE: Finally, the continued growth of the commercial real estate sector is also contributing to the construction boom. As the economy rebounds from the pandemic, businesses are expanding and seeking new office, retail, and industrial spaces. This commercial construction activity, combined with the residential and infrastructure projects, is creating a perfect storm of opportunity for construction companies.

 

At Cohen Construction, we are closely monitoring these trends and positioning ourselves to capitalize on the coming boom. We have been strategically growing our team of skilled tradespeople, expanding our equipment and material supplies, and investing in the latest construction technologies. This will allow us to take on a higher volume of projects while maintaining our commitment to quality and safety.

 

Our clients can count on Cohen Construction to deliver exceptional results. We have the experience, resources, and innovative problem-solving skills to ensure that our projects are completed on time and on budget.

 

The next few years promise to be an exciting time for the construction industry. Cohen Construction is ready to meet the increased demand and deliver outstanding work for our valued clients. Contact us today to discuss how we can partner on your upcoming project.