Looking ahead to a stronger 2014 in the construction industry, Allied Construction Services has recruited industry veteran Jody Arena to serve as its chief operating officer. With an improving economy, in Philadelphia commercial vacancy rates fell by 12.1 percent and construction increased 69.6 during third-quarter 2013; in the suburbs, vacancies were down 17 percent and construction rose a full 92.1 percent. In August the northeastern United States led the nation in housing starts with a 40.2 percent year-over-year increase — a five-year high.
In anticipation of continued growth, Allied Construction, serving the Mid-Atlantic region in commercial, healthcare, educational and multifamily residential construction, also has added a staff estimator to its business development team.
“The construction industry is a bellwether for the larger economy, and this gratifying upsurge is a sure sign we're finally shaking off a difficult recession,” said Allied Construction President Brett Altman. “Our goal at Allied Construction has always been to do the job right, on time and for a competitive price, and Jody Arena will help us do it even better. He's known in the industry for completing projects on or ahead of schedule while upholding rigorous standards.”
“Another estimator means we'll be able to support more preconstruction services, conceptual estimating and budget-level estimating,” said Arena, who spent more than 10 years at A&E Construction of Upper Darby, where he rose from project manager to vice president of construction.