Top

Category: Financial


Construction Processes, Financial

US commercial real estate to grow through 2019

October 13, 2017

Via: Construction Dive

Despite the ULI’s findings, Bloomberg recently reported that the suburban office market is on an upward march as older millennials opt to move away from urban centers to smaller, more affordable cities nearby. And employers are tagging along. One of the contributing factors […]


Construction Processes, Financial

Commercial Construction Index finds high optimism in U.S. commercial construction industry

October 9, 2017

Via: www.bdcnetwork.com

Commercial construction is in high demand across the country and contractors remain optimistic about the current and forward-looking health of the sector, according to the Q3 USG Corporation + U.S. Chamber of Commerce Commercial Construction Index (‘Index’), released today. Nearly all contractors […]


Construction Processes, Financial

A new platform offers a solution to construction cost overruns

October 9, 2017

Via: www.bdcnetwork.com

The Bonita Springs (Fla.) High School will cost $14 million more than its original $50 million to complete. Rising costs of construction materials and labor are driving this overrun. New York City’s School Construction Authority is over budget on more […]


Construction Processes, Financial, Legal

Taxes funding US highway construction aren’t enough

September 18, 2017

Via: Construction Dive

Improvements in fuel efficiency and a federal gas tax — which has remained unchanged since 1993 — have been largely responsible for stunted growth in gas-tax revenues that fund the HTF. To remedy that holding pattern, industry groups and lawmakers alike are […]


Construction Processes, Financial

Hilliker Sells $7 Million+ of Warehouse Buildings

September 8, 2017

Via: Commercial Construction and Renovation

Hilliker Corporation sold two warehouse properties for over $7 million within 8 months. In January, Hal Ball and Chris Taff of Hilliker Corporation listed two surplus Lineage Logistics properties for sale on Planned Industrial Drive in North St. Louis. Both […]


Construction Processes, Financial

Seattle Partners withdraws $521M bid for KeyArena redevelopment

September 1, 2017

Via: Construction Dive

The city of Seattle issued a request for proposals back in January with an eye toward hosting an NBA team — to replace the SuperSonics — or an NHL team. Conditions of the proposal required that any potential developer would have to […]


Construction Processes, Financial

Developers break ground on $150M Los Angeles mixed-use project

September 1, 2017

Via: Construction Dive

Live-work-play developments are still springing up in major cities, but those who are in the surrounding communities are looking to bring that urban walkability to their neighborhoods as well. In October, another Los Angeles–area developer, Westfield Corp., proposed replacing an […]


Construction Processes, Financial

Median construction worker age on par with US workforce — for now

August 31, 2017

Via: Construction Dive

The construction workforce trending older has been cause for concern in some parts of the U.S. as the industry continues to cite the skilled labor shortage as one of its most critical problems. The Northeast, especially, could face challenges as […]


Construction Processes, Financial

CO convention center expansion costs double to $233M

August 31, 2017

Via: Construction Dive

Convention center representatives attributed the rising cost estimate to the skilled-labor shortage in Denver, climbing steel prices and building code requirements. Denver officials expect pushback on the tax from hotels that are not in close proximity to the convention center, […]


Construction Processes, Financial

Residential construction was strong, but not enough, in 2016

August 31, 2017

Via: BDCNetwork

Residential construction enjoyed its seventh consecutive year of growth in 2016. But it still fell far short of annual averages during the 1980s and 1990s. And multifamily construction, which has been the industry’s engine for nearly a decade, flattened. In […]