Quote:
Originally Posted by Nilan8888
Y'know... thinking about that article some more, why would anyone think that construction next year would be sluggish?
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The accounting is normally done in terms of construction starts, so anything starting up in 2012 does not count for 2013 even though the actual work itself might continue. Halifax is a smaller city so this number is particularly meaningless; the Nova Centre will by itself be a huge part of the total. A project like that can make or break the numbers depending on whether it starts up in December or January. In a bigger city, individual projects are probably normally a smaller part of the total.
Another factor is that urban projects only make up part of the total. A lot of suburban stuff started up in 2012.
In any case, I think there will be tons of construction happening in the city centre through the end of 2012 and into 2013. I don't think it's been this busy since the 1980s.