WRIGHT RECEIVES NATION’S TOP FIRM AWARD AT ZWEIG CONFERENCE

Wright Engineer’s principals and spouses recently gathered in Las Vegas at the Zweig Hot Firm Conference to receive the award for the nations #1 Best Structural Engineering Firm to Work For (for the second year in a row!)  The Best Firm to Work For award recognizes the top A/E firms in the US and Canada based on an anonymous surveys and criteria such as workplace practices, benefits, and retention rates.  “Since the majority of the scoring is based on anonymous feedback from our employees, it’s gratifying to see that our people are truly happy and thriving here,” said Wright founder and CEO Brent Wright.  While in Vegas, Wright team members dined at the Top of the World Restaurant at the top of the Stratosphere Tower, a project Brent Wright engineered early in his career.  Afterward, several brave souls jumped off the tower’s 900 ft. high Sky Jump.

 

bahama beach house survives hurricane dorian

For nearly 24 hours, Hurricane Dorian’s nearly 200 MPH winds pounded the Bahamas, reaping death and destruction and leveling nearly everything in its path.  It was the strongest hurricane on record to affect the Bahamas.  Thousands of homes were severely damaged or completely destroyed, leaving at least 61 people dead, 282 still missing, and an estimated 70,000 people homeless.  If there could be a bright spot amid the devastation, perhaps it is the Wootten Residence on Elbow Cay, Central Abaco Bahamas.  Michael Wootten, the homeowner, reported that the area “had such severe damage that from pictures it looked like an Atomic Bomb had gone off,” yet “our house was one of the few homes that were still standing and with very few problems. I will always be very happy and proud to offer your company as the one to use for quality engineering.”  It’s not often that our structural designs are tested to the limit, so it’s gratifying to see our design has done what it was ultimately intended to do: save lives.

 

DEVELOPMENT OF MULTI-FAMILY PROJECTS EXPECTED TO INCREASE IN 2020

According to several top capital markets executives speaking at Bisnow’s Multifamily Annual Conference in Boston, the flow of capital into apartment and condo projects is expected to increase in 2020.  Institutional investors are allocating more money to multifamily and banks are aggressively competing to provide the financing.  A lack of available units has made the demand for condos surprisingly strong.  In addition, Fannie Mae and Freddie Mac are expected to loan a combined $200 billion through the end of 2020.  Wright Engineers is the recognized expert in 5-story wood-framed multi-family projects—including those atop podiums and wrapped around parking garages.  Contact us for more information—or for some free structural advice on your next project.