12/27/2011

A 600,000-square-foot office and residential project has been proposed in Dallas, with developer Crescent Real Estate Holdings citing an improving local economy. According to the Associated General Contractors of America, only 19 states added construction jobs in November. "Although there have been selective improvements in private nonresidential employment, multifamily construction and even home building in a few states, public construction employment declines are negating these gains in much of the country," said Ken Simonson, AGC's chief economist.

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