PaintSquare.com


The First Word in Protective & Marine Coatings

A Product of Technology Publishing / PaintSquare
JPCL | PaintSquare News | Durability + Design | Paint BidTracker

Paint and Coatings Industry News

Main News Page


Survey Assesses Health-Care Building Prospects

Monday, March 29, 2010

Comment | More

More than half of architecture and engineering firms see the West Coast as the "action market" for health-care construction in 2010, a survey conducted by the business-management company ZweigWhite suggests.

Results of the survey are being published in the new ZweigWhite quarterly report,  Market Advisor. The report is part of the March 20 edition of The Zweig Letter, the company's weekly management journal. Additional Market Advisor reports to be published at the end of each quarter will focus on different market sectors.

More than half of respondents to the health-care survey said that the West Coast is where the work is, with 28% saying the Southwest is the hottest geographic area and 24% identifying the Northwest as the top growth region. The Northeast and the Midwest, both at 16%, also fared well. Only 4% of respondents said the international arena holds potential in 2010.

"Southern California is an active aging market," says Edward Caruana, president of c|a Architects, Long Beach, Calif. "We feel health facilities-whatever complexion they take on in the future-will be needed in this busy area."

Among the survey's significant findings are the following:

  • 37% of respondents are optimistic about healthcare being a hot market this year, but 40% are in the "wait and see mode" and 23% are not touching it;
  • 44% say new hospital projects will lead health care in 2010, with a significant percentage (32%) saying they will work mostly on renovations and upgrades due to lack of funding for all-new facilities; and
  • 67% pointed to lack of financing as the biggest hindrance to this market in 2010.

ZweigWhite offers a range of business management services for architecture, engineering, and environmental-consulting firms. Services include strategic business planning, business valuation, ownership transition, human-resources management, finance and administration, mergers and acquisitions, market research, marketing, project management, and project delivery methods. The firm is headquartered in Wayland, MA, with additional offices in Chicago, Ill., and Washington, DC.

More information: www.zweigwhite.com.

   

Tagged categories: Construction; Health Care/Hospitals; Trends

Comment Join the Conversation:

Sign in to our community to add your comments.

LS Industries
LS Blasters: Optimum Steel Cleaning Efficiency

Simplify surface prep with the precise shot control of LS Blasters. Our blast technology delivers optimum coverage and finish. 800-533-8008


CS Unitec
Peening Preparation Tools

CS Unitec’s hand-held scarifiers are an ideal alternative to small-area shot blasting for cleaning and preparing concrete & metal surfaces. info@csunitec.com


Montipower, Inc.
The MBX Bristle Blaster

Get a 2.7 to 3.3 mil profile and a Near White Metal Clean. For info visit www.mbxit.com or call 877 629-8777


Thermion Inc
Buy Back Program

We are offering $5,000
credit for your old Model
This drive system is
being discontinued by
the manufacturer.
More information at
thermioninc.com
877.884.3428


Armakleen Company, The
No Ordinary Soda

ARMEX® baking soda-based abrasives from the makers of ARM & HAMMER® products offers over 12 formulas specially engineered for your application and your budget.


MMLJ
Superfast Dustless Abrasive Blasting - Watch Video

Dustless Blasting creates no dust plume so others can work nearby unaffected. Maximize Productivity! Watch our numerous YouTube videos to learn more.


Absolute Equipment/Grand Rental Station
Portable Power from Absolute Equipment

•Compressors
•Lighting Systems
•Generators
•Light Compaction
Sales • Rental • Service
Call 1-866-931-6655
Over a century of
providing excellence.

 
 
 
Technology Publishing

The Technology Publishing Network

The Journal of Protective Coatings & Linings (JPCL) PaintSquare
Durability + Design Paint BidTracker JPCL Europe

 
EXPLORE:      JPCL   |   PaintSquare News   |   Interact   |   Buying Guides   |   Webinars   |   Resources   |   Classifieds
REGISTER AND SUBSCRIBE:      Free PaintSquare Registration   |   Subscribe to JPCL   |   Subscribe to PaintSquare News
MORE:      About PaintSquare.com   |   Privacy policy   |   Terms & conditions   |   Site Map   |   Search   |   Contact Us
 

© Copyright 2000-2014, Technology Publishing / PaintSquare, All rights reserved
2100 Wharton Street, Suite 310, Pittsburgh PA 15203-1951; Tel 1-412-431-8300; Fax 1-412-431-5428; E-mail webmaster@paintsquare.com