In a thriving economy everyone in our industry is trying to make the most of it, especially real estate developers. Prices for parcels of land have increased simply because they’re not as readily available. Be it commercial or residential, development increases the tax base for municipalities, which helps fund local and state infrastructure programs.
If growth is slow, property values don’t increase or may only increase slightly. So how to increase growth? In some instances, towns may begin to fall away because of no growth, or slow growth. which leads to decreasing property values. Property owners prefer for property values to rise.
Infrastructure is defined as the basic physical systems of business that are high-cost investments vital to a country’s economic development and prosperity. It can include, but is not limited to, transportation, communication, utilities, parks, airports, and public education.
America’s infrastructure is aging and requires continuous repairs, rehabilitation or replacement. From water line breaks to aging sewer lines. America’s infrastructure is a huge cost burden on everyone from small municipalities up to the Federal government. Through planning, right-of-way acquisition, design and construction phases.
Local companies look at growth trends and future demand to plan for and implement water and sewer improvements in their systems. As development occurs, especially in a high-growth area, the infrastructure should be progressing, whether through upgrades or expansion. We are the perfect partner for these projects. We have a myriad of experience working with design and engineering firms. We work in both right of way situations where permitting is required as well as private property and owners. Get in touch with us to discuss your upcoming subsurface plans.