The construction industry of the United States is one of the largest and generates the highest revenue in the world, approximating to at least $405 billion in 2019. The industry is trying its best to adapt to the changes in social and economic conditions. The current recession has somewhat slowed down the business, but that doesn’t mean the industry is stagnant. In 2017, the United States spent around $1 trillion in the construction. In 2018, the figure amounted to $951 billion in the private sector. These figures reflect how the industry is consistently booming and growing, but who is behind this success?
Every sub-industry in the construction business is generating enormous revenue. The world is seeing a sustainable growth throughout different sectors of construction. Industrial, commercial, institutional and other services are increasing the construction businesses demand, especially for single-family homes (home improvement projects) in the private sector. Despite the challenges in the industry, most contractors and construction business owners are likely to rise in 2020.
Keith Vigil, the founder of GS Exterior Experts and Wayne E. Visbeen, founder of Visbeen Architects, are the architects known for commercial and residential construction projects. Let us have a look at these architects who are recognized by the Houzz for their brilliant innovation and outstanding services. What makes them stand out? Let’s look into these two case studies:
Wayne E. Visbeen, IIDA, AIA, AIBD founded Visbeen Architects in 1992. The company provides custom-designed homes and commercial projects that are both functionally efficient and visually stunning.
Visbeen architects is a registered and licensed interior designing company. The company’s architects consider how the interior structure will affect the overall architecture of the building. For example, the placement of windows, furnishings, and other structures that affect the living conditions.
From a very young age, Wayne developed a keen interest in the field of architecture. His grandfather was a builder and a self-taught architect who built high-end projects in residential and commercial businesses. Wayne’s father owned a construction company in Ridgewood, New Jersey. He studied architecture from Lawrence Technological University, where he earned both his Bachelor’s and Master’s degrees. He worked as a senior designer at Taubman Companies before launching his firm Visbeen Architects, catering to commercial and residential construction projects in 1992.
Since its inception, Visbeen Architects has received various national awards. The company won Best American Living Awards and American Residential Design Awards (more than 100). Visbeen Architects has worked on projects for more than 20 countries, and it is continually expanding internationally. Visbeen Architects has facilitated its partnership in India and Canadian-based companies like Phantom Screens, Charmed Playhouses and Napoleon Fireplaces. Visbeen Incorporation is also a member of the American Institute of Building Designers, the International Interior Design Association and the American Institute of Architects.
GS Exterior Experts
In 1999, Keith Vigil founded GS Exterior Experts as a family-owned business with his wife in Littleton, Colorado. The company provides home and commercial exterior designing services. Keith’s architectural team offers outstanding architectural designs and personalized attention to their clients.
Keith worked with businesses like James Hardie Siding Centre and Shea Homes for the residential construction of sidings and windows installations. From 1999-2006, Keith’s primarily focused on working home improvement projects. Later on, he ventured off to provide other services like window replacement, residential and commercial siding replacement, and installing home improvements, roofing, and stucco.
The GS Exterior Experts gained significant points in the construction business. The firm earned BBB A+ Rating. Since 2011, the company is consistently recognized in Angie’s list super service Award for creative Siding and Windows Category. GS Exterior Expert has also won James Hardie’s elite preferred, James Hardie Presidents Club Award, Best of Houzz Award, and Guild Quality Award. Keith, the CEO and owner, facilitated partnerships and sponsorships of businesses like Better Business Bureau, GAF Certified, James Hardie’s Elite preferred partner, Marvin Windows Partner, and Owens Corning Partner.
Sub-Industry Construction Owners Offer Bright Hope for American Industry
The sub-industries in construction offer a promising growth and sustainability to the United States market. Not only residential and commercial construction projects have contributed to economic growth but other sub-industries also offer hope to the US market. We see that the workplace is changing, where companies are becoming more inclusive of diverse genders and getting new technologies onboard. This change is impacting the construction trends as well, such as drone mapping. The construction industry is focusing more on creating innovative solutions for ancient or old buildings.
The sub-industries are involved in a multitude of construction projects generating high revenue for the US market. For example, the single-family residential projects estimated to $282 billion (4% increase from 2017), while multi-family residential projects estimated to $67 billion (1% increase since 2019). The commercial construction projects were valued at$89 billion in 2018, which is 2% more than 2017), while home improvement projects increased spending by 5% in 2018. Most importantly, over the past three years, 56% of the contractors have been involved in the US Green Building Council or Leadership in Energy and Environmental Design (LEED) projects. With these numbers on the rise, we are likely to see a significant boom in this sector soon despite the pandemic situation.