Real Estate Journal — 2019 Forecast — January 25 - February 7, 2019 — 9D
www.marejournal.com
M id A tlantic
E nvironmental E ngineering
By Marc Hudock, GZA GZA remains strong in service to New Jersey’s needs in 2019
O
ne of the largest gr owth areas we f o r e s ee a f f e c t i ng
Murphy administration has signaled strong intent to “go green” and confront climate
pipelines and power plants that are moving forward in late-stage design. Despite
in New Jersey this year. Despite New Jersey’s bud- get deficit and residential
of sustained growth bode well for GZA’s five core services: environmental consulting, geotechnical engineering, water resources, ecological services, and construction management. Many growth areas – e-commerce, residen- tial, infrastructure, water resources, energy — are sec- tors in which GZA has long- provided professional services, and we are confident that our business model will remain strong in service to New Jer- sey’s needs in 2019. Marc Hudock is vice president of GZA.
GZA’s envi- ronmental, engineering, and ecologi- cal services practices in New Jersey will be the c o n t i n u e d build-out of
Economists’ predictions of sustained growth bode well for GZA’s five core services: environmental consulting, geotechnical engineering, water resources, ecological services, and construction management.
Marc Hudock
the e-commerce warehous- ing/distribution/logistics net- work. We see expansion heading west and south, away from the existing core areas along the New Jersey Turnpike where developable parcels have become sparse. Whether in previously unde- veloped areas or on former industrial/brownfield sites, these commercial properties often require large project teams from acquisition to construction. Infrastructure and trans- portation projects will remain high priorities in New Jersey in 2019. While construction of the high-profile Portal Bridge and Gateway Tunnel projects is unlikely to begin in 2019, significant political, funding, and contractual decisions must be made this year to keep these vital projects moving forward. Meanwhile, the New Jersey Turnpike Au- thority is expected to spend $100million on critical bridge improvements in 2019, and GZA’s experience on such infrastructure projects in the region indicates that many professional services and trades will be required for such construction. The City of Newark con- tinues to attract investment and economic development, though not as vigorously as New Jersey’s waterfront “Gold Coast,” where demand and construction of residen- tial development has defied the state-wide trend of popu- lation loss, as renters seek refuge from New York City’s high rents. We think that other urban centers in the state will see un-even growth and redevelopment in 2019, with Camden getting more attention and dollars than similar-sized cities of Tren- ton, Paterson, and Plainfield. Again, these projects may be undertaken on former indus- trial/manufacturing sites or along the waterfront. On the energy front, the
change, with wind power de- velopments looking particu- larly promising. Nonethe- less, there are several fossil fuel (mainly natural gas)
heavy political pressure and regulatory headwinds, new pipeline construction for Pennsylvania’s natural gas supplies may come to fruition
out-migration, economists re- port that the state’s economy expanded 3.3% in 2018, the highest rate inmore than a de- cade. Economists’ predictions
BETTER TOGETHER. GZA GeoEnvironmental (GZA), now with Melick-Tully & Associates and Civil Dynamics as part of our firm, has brought
Geotechnical Engineering • Subsurface Investigations, Foundation Design, Construction Support, Instrumentation Environmental Services • Site Investigation, Remediation, Hazardous Materials, Compliance Ecological Services • Environmental Impact Studies, Wetland Delineation, Threatened & Endangered Species Surveys, Permitting Water, Flood Hazard and Dam Engineering • Marine/Waterfront Structures, Dams and Levees, Flood Hazard Mitigation
together some of the region’s leading geotechnical, dam engineering and environmental consulting firms. Together, our teams have bigger reach, stronger impact, and expanded services, while continuing to deliver the level of service and innovative solutions all of our clients have come to expect.
Construction Management • Demolition and Decommissioning, Construction Services
We’re better together—for you.
Known for excellence. Built on trust.
Please contact us if you have any questions about Melick-Tully, Civil Dynamics, or GZA — or the expanded services we can now provide.
www.gza.com
a division of GZA GeoEnvironmental, Inc.
Fairfield, South Bound Brook, and Hammonton, NJ; Philadelphia, PA; New York, NY; 26 additional offices
a division of GZA GeoEnvironmental, Inc.
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