Waco, TX
The team is led locally by Brian Nicholson, the founder of Intrepid Development Group, which also joined with Cumming Group in 2023. Some of our team’s most notable local and regional clients include Magnolia, Baylor University, Hillsboro ISD, Grandview ISD, Dawson ISD, and multiple Fortune 500 companies.
Local Projects
Meet Our Local Experts
Market Analysis
Market Analysis
The construction industry managed to grow by a little over 1% in 2023. This is almost entirely due to inflation rather than an increase in overall volume. When controlling for inflation, spending declined by a little over 1%. In addition to ongoing inflation, the industry is grappling with volatility in material prices and increasing labor costs. Workers who left the industry in 2020 have yet to be replaced, and this has pushed labor costs up across the board.
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