2012 Rising Giants: Fees by Project Type
Office and hospitality accounted for 58 percent of all fees. (Office rose 23 percent, while hospitality dropped 15 percent.) Half the Giants worked on residential projects, too, with second-home projects jumping 27 percent. Folks are either feeling positive about vacations or sprucing up to rent or sell. And 53 firms did government work, heavy on offices but also including educational facilities. Higher education was a major factor, with 87 percent of the firms working in education doing so at the college level. Across all sectors, renovations rose to account for 63 percent of business.