Construction & Energy

In the late 1990’s, construction was booming in Hartford, Connecticut. However, over time, with the downturn in the economy, construction jobs contracted. In response, in 2011, Capital Workforce Partners completed a broad view of the construction activity that was, or would be, happening within the North Central Region of Connecticut to understand the demand and opportunity over the next three to five years.

The study found that between 2011 and 2015, there was approximately $775 million in planned construction per year. This was predicted to result in 6,000 jobs annually, generating earnings of approximately $530 million per year. These construction projects focused mainly on the public sector, (e.g., East Hartford/Glastonbury Magnet School), but also highlight private enterprises, (e.g., Eppendorff’s expansion in Enfield). An update to the report in March 2015 indicated there were 200 projects pending (47% more projects than in March 2012), with an approximate $7.7 billion value (up 28% from March 2012).