(Editor’s note: This story appeared in our October 2025 issue.)
Lou March Jr.
President
March Construction
How do you feel about the market versus this time last year?
The market feels about the same as it did a year ago. There’s a sense of cautious optimism across the industry. With that said, launching large-scale construction projects remains a challenge due to financing hurdles and broader economic headwinds.
What is still the biggest source of uncertainty?
The largest uncertainties continue to be tied to financing and macroeconomic pressures. Tariffs and commodity volatility are unpredictable factors that add complexity to planning and cost control.
Are you factoring in rate cuts as you plan ahead?
Rate cuts have a greater effect on our clients than on our operations directly. While we remain mindful of the interest-rate environment, our strategy is driven more by client demand and project fundamentals than by speculation about cuts.
How else do you plan to adapt, evolve or expand in 2026?
We’re focused on strengthening our team’s expertise in emerging technologies, particularly artificial intelligence. From workflow automation to design and planning support, we see AI as a critical tool to help us deliver greater efficiency and value to our clients.
Are you hiring? If so, how is the talent pipeline in New Jersey?
Yes, we are hiring. New Jersey has a solid talent pool, but the challenge lies in evaluating work ethic and long-term fit. Technical skills are important, but we place just as much emphasis on attitude, drive and the ability to work collaboratively.
Where have you seen the impact of artificial intelligence and other technologies?
AI is already influencing several areas of our business. We’re using it to streamline meeting documentation, improve document creation and enhance search capabilities. It’s also proving useful in assessing certain site conditions, which helps us make better-informed decisions earlier in the process.
Give us an asset class that intrigues you (that you don’t typically focus on).
Data centers. The demand for reliable digital infrastructure is only growing, and this asset class has long-term potential that we’re keeping an eye on.
Are you buying or developing outside New Jersey?
We’re active throughout New Jersey, New York and Connecticut. Our core focus is regional, but we continue to evaluate opportunities across the tristate market.
Where else do you see opportunities going forward?
We see significant opportunities in pursuing joint ventures with both existing and new clients. Partnering with groups that share our values and long-term vision allows us to combine strengths, mitigate risk and unlock new possibilities.
Getting to know you
Your go-to breakfast or lunch
Positano in Wayne for lunch
Best thing you read, watched or listened to this year
Honestly, on a recent weekend, having my family together and listening to everyone laugh and talk while watching our Hoosiers beat Illinois was a great time.
Place you’ve never visited but would like to
The Amalfi Coast
Mobile app you can’t live without
I’m old school. You could take all of the apps away tomorrow and I would be fine.
Favorite sport or team
The Cincinnati Bearcats, my alma mater
Fad or trend you’d like to see come back
Integrity — it’s becoming a lost character trait.
Fad or trend you hope never comes back
Parachute pants
