Valley Office Construction Leads Statewide Construction Boom

SAN JOSE, CA-Projects in Silicon Valley can, at least in part, be thanked for a substantial jump in office construction statewide, according to a recent report by an industry nonprofit group.

Through the first eight months of the year, according to the Burbank, CA-based Construction Industry Research Board, office construction is 64% higher than 1999. The Bay Area counties of Santa Clara and San Francisco should take most of the credit, according to the report. Construction as a whole was up 11% statewide, according to the report, totaling slightly more than $41 billion during the first eight months of this year.

“Office building is one part of it, and that’s what’s really driving the increase,” CIRB director Ben Bartolotto tells GlobeSt. “The Bay Area is going strong.”