We're excited about the new year and the opportunities in front of us. There are several notable trends in the industry worth sharing. First, private money seems to be loosening up, representing real potential for everyone in real estate. Secondly, the retail market is picking up nationwide. The projects are there, ready to be won through consistent networking with retailers and developers. Our management team has been hitting the road recently for prospecting, and we're seeing the fruits of that labor: we signed a new retail project (site work and building development) with longstanding client Academy Sports (www.white-spunner.com; project page) in Kansas City. We were also awarded the contract to build-out a 32,000-square-foot space for Nordstrom Rack's new store at River Ridge in Birmingham. Closer to home, the good news continues. We received a "2012 BuildSouth Award" from the Alabama AGC for our work on Faulkner State Community College's Memorial Hall, completed this past August in Bay Minette, AL (visit www.white-spunner.com; awards & recognitions page). The WSC team recently broke ground on Community Bank's newest branch, a 13,000-square-foot, 2-story facility right here in Mobile, AL. This is a new customer for us, and we're honored to build the relationship. To accommodate our growing workload, we've also hired several new employees. No one would say the industry downturn is over. But by building relationships and actively seeking opportunities, we're encouraged by 2013. We hope you are, too. Visit us at www.white-spunner.com to learn more about what is happening at White-Spunner Construction.