Accelerate the growth of local firms through focused business development and education/training.
Professional construction jobs in Florida and locally in Delray Beach have been on the rise since 2015. The construction industry employs managers, engineers, architects and cost estimators with hourly wages ranging from $22.95 - $55.91 or annual salaries from $47,700 - $116,200.
Additionally, the construction industry is projected to grow at a much faster rate than the sum of all industries from 2015 to 2023. The overall growth rate across all industries as forecasted by the Florida Department of Economic Opportunity is projected to be 12.7% compared to the 30.2% growth for the construction industry.
Building Business Capacity
Construction, real estate and development is a highly entrepreneurial industry sector whose small business owners and entrepreneurs are growing jobs and our economy. Though its difficult to quantify, the Association of Builders and Contractors (ABC) indicate many start out in the industry as a one-person business and then grow. Larry Lopez, 2017 chair of ABC’s Diversity and Inclusion Committee, stresses construction is a natural fit for entrepreneurs since a four-year degree isn’t necessarily needed to begin a career in construction and starting a business is open to anyone.
“Folks can step into a role to grow and make something,” Lopez says. He also stresses being a successful entrepreneur in the construction industry depends on patience, vision, commitment and teamwork.
“You have to have a vision,” he explains. “You have to see the big picture and have a path. My success comes from my team. If I didn’t have them and a lot of other people, we wouldn’t be who we are. You must be humble and embrace that. It takes a village to make it happen.”
And it’s this philosophy of team support, that the City and its partners are stepping forward to support this important industry sector to ensure the growth of good jobs and business ownership for our community. Let’s Go Build Delray Beach together!
Building Local Opportunities
Like many communities in the South Florida region, Delray Beach is undergoing a growth spurt and construction cranes fill the skies around town. In fact, there is currently more than 1.1 million square feet of new construction and rehabilitation of commercial property underway, valued at more than $500 million dollars. Coupled with tens of millions of dollars of strategic capital investments set to begin by the City of Delray Beach and the School Board of Palm Beach County, local opportunities abound.