Philadelphia Metropolitan Area Real Estate Law Blog

On one level, the beautiful thing about construction is the heavy lifting — the re-shaping and placement of materials and the careful planning of a new or refurbished structure. Another beautiful aspect of the business is the potential for profit. Making money is exciting, and a successful construction project can be extremely fulfilling. On yet another level — the not-so-positive level — there are the risks, the potential liabilities at every turn. So who protects you, as a businessperson in construction, from liabilities?

According to a recent article in the Philadelphia Business Journal, the number of construction contracts in the Philadelphia area fell in July compared to the same period last year, even though year-to-date construction activity is at roughly the same level.

Last month, Mayor Nutter met with US Airways chief executive Doug Parker on the issue of expanding the Philadelphia International Airport. At issue are plans to build a fifth runway. The massive project is opposed by Southwest Airlines, the airport’s second largest carrier, though airport feels the project to be necessary.