Cities Take an Economic Gamble on New Casino Construction

With long-established gambling city Las Vegas experiencing a downward spiral in the real estate, job, and construction sectors, other cities around the US are cashing in as the gambling trend moves eastward. In the March 2011 issue of Construction Headline News, many other established gambling cities, as well as ones new to the game, are rolling the dice as construction ramps up on plans to build, and plans to finish, casinos. State and local decision makers are placing their bets and pressing their legislatures to pass new laws allowing casinos to be built in Massachusetts and Florida, among other states. Other casinos are getting into the game by securing long-awaited financing, breaking ground, and speeding up construction on new builds from the East Coast to the Midwest.

In this month’s issue, Interface Consulting’s Senior Vice President, Philip D. Barnard, shares how “Every Step Counts in Successful Project Management,” as published in Construction Executive. Also, several school districts get dealt a bad hand as they file construction litigation cases with millions of dollars at stake. Princeton Regional School District in New Jersey seeks to recover over $24 million connected with faulty design plans, and DeKalb County School in Georgia seeks to recoup over $100 million from construction giant Heery. In the “Construction Management” section, many projects have over $100 million in cost overruns, including the World Trade Center PATH Hub. Keep an eye out for construction opportunities on the horizon as Savannah, Georgia, antes up $71 million to build a county jail and Honolulu, Hawaii, breaks ground on a long-awaited rail transit project.

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