Gimme (Fallout) Shelter

Originally published on Site Selection Magazine by Jack Lyne on December 2011

Rattling and groaning like the ghost of Jacob Marley, the global economy feebly hobbles forward, setting the tempo for a construction industry that largely continues to limp along at its own sluggish pace. Yet there’s one building blitz afoot that’s quietly unfolding in the underground real estate market — a market that’s literally underground.

The unlikely seed for all that growth is the fallout shelter. Yes, that musty relic seemingly marooned forever in the 1950s and ’60s has roared back to life. And that’s spurring many shelter-makers to expand their operations and hire new workers to keep pace with demand that’s, well, exploding.