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Tag: commercial building


Construction Processes, Design

Progressive design-build gains ground in US

November 8, 2023

Via: Construction Dive

Progressive design-build continues to gain momentum across the United States, especially in California, according to panelists at the 2023 Design-Build Conference and Expo in Washington, D.C., last week. “We had over 160 design-build related bills introduced,” said Richard Thomas, director […]


News

Construction planning posts largest drop since March

September 11, 2023

Via: Construction Dive

The commercial component of the index, which includes retail, warehouse and office, dropped 1.6% in August, while the institutional sector, encompassing healthcare and education projects, tumbled 14.8%. On a positive note, the DMI remained 4% higher than in August 2022. […]


News

‘Impossible to build’: Vornado postpones NYC development

February 24, 2023

Via: Construction Dive

A full year of higher interest rates will cause 2023 to be a slower year for construction activity, said Vornado CEO Steven Roth during the call. “Steel, concrete and curtain walls are important, but in our business, capital is the […]


News

Granite reports higher profits but stumbles on accounting again

February 17, 2023

Via: Construction Dive

The firm’s backlog measured $4.5 billion at the end of 2022, a $475 million, 11.8% increase from a year earlier. That amount included $1.7 billion, a company record, from the firm’s California group. In Granite’s home state, the firm said […]


Construction Processes, Procurement

Material prices back on the rise

February 17, 2023

Via: Construction Dive

After December’s numbers posted lower results, Ken Simonson, chief economist at the Associated General Contractors of America, warned that lower costs could be short-lived. “Some prices have already turned higher in January,” Simonson said last month. “Contractors are right to […]


News

How multifamily developers are keeping the construction pipeline flowing

February 3, 2023

Via: Construction Dive

Apartment developers are getting creative in order to keep the construction pipeline flowing amid construction and capital challenges. Four of the developers leading those efforts described their approach to continue building new housing in a session at the 2023 NMHC […]


News

Top 10 metros for construction starts

February 2, 2023

Via: Construction Dive

The top 10 metropolitan areas accounted for 40% of all commercial and multifamily starts in the U.S., up from 37% in 2021, according to the report. Commercial and multifamily starts consist of office, stores, hotels, warehouses, commercial garages and multifamily […]


Construction Processes, Legal

NJ law allows contractors to use private inspections

January 23, 2023

Via: Construction Dive

The move provides local governments with several avenues to speed up the construction permitting process, according to the release. For instance, the law also includes a more streamlined bidding process to contract with private inspection agencies or enter into shared […]


News

Skanska kicks off new year with slew of project wins

January 17, 2023

Via: Construction Dive

Skanska USA, the American arm of the Sweden-based contractor and developer, has announced a slew of new projects. They are: On Jan. 10, Skanska announced it had won the $480 million contract to build a new Jamaica Bus Depot. The […]


News

Construction remains one of country’s deadliest industries

December 21, 2022

Via: Construction Dive

Construction’s per capita rate of worker deaths is not the highest among industries. The agricultural, fishing, forestry and hunting industry averaged 19.5 deaths per 100,000 full-time employees and the transportation and warehousing rate equaled 14.5. Nevertheless, some of the construction […]


News

Tech sector decline saps office construction comeback

December 7, 2022

Via: Construction Dive

Tech slowdowns continue to affect the commercial construction market, particularly the outlook for the U.S. office market. Technology companies accounted for 40.5% of all leasing activity through the third quarter of 2022. That means hiring freezes and slower growth expectations […]


News

Apartment transactions plummet

December 6, 2022

Via: Construction Dive

MSCI is only one of the sources pointing to a slowing apartment sales market this fall. Lending for apartments decreased by 16% year over year in the third quarter, according to the Mortgage Bankers Association’s Quarterly Index of Commercial/Multifamily Mortgage […]


Construction Processes, Interaction of Expertise

Building group launches national BIM program

September 13, 2022

Via: Construction Dive

Unlike other sectors such as manufacturing, the construction industry hasn’t realized significant productivity gains through the implementation of technology. Indeed, construction has averaged just 1% productivity growth in the past 20 years, according to the NIBS release. The BIM process […]


Construction Processes, Legal

How and Why ENR Covered the Flint Trial

August 25, 2022

Via: ENR

As legal theater, the long trial of two engineering firms for their role in the Flint, Mich., water crisis ended with a thud. A federal jury in Ann Arbor, Mich., earlier this month deadlocked and the judge declared a mistrial. […]


News

Top 10 US metros for construction starts

July 28, 2022

Via: Construction Dive

Despite ongoing challenges like shortages of key materials and labor, rising prices and higher interest rates, the pandemic recovery continues for the construction industry. Growth morphed this year beyond warehouses and single-family housing to include improvement in other commercial sectors […]


Construction Processes, Design

Design-Build Helps Accelerate New Orleans Sound Stage Project

June 29, 2022

Via: ENR

Construction will wrap at the end of September on a $35-million renovation and expansion of Second Line Stages, a film and TV production facility in the heart of New Orleans, and those involved say effective communication and collaboration played an […]


Construction Processes, Design

How Architecture Firms Can Maximize Client Investment and Value

April 20, 2022

Via: gb&d magazine

There is more to providing architectural services to a client than just design. There is value in managing a client’s assets and helping them get the most bang for their buck long-term. That is part of what we do at […]


Construction Processes, Legal

Missouri contractor charged with fraud for minority business claims

April 6, 2022

Via: Construction Dive

Minority and women-owned business participation on construction projects has become a hot-button topic. Many government-funded projects set participation goals for underrepresented groups, while the industry has tried to change its White-guys-only image with diversity and inclusion initiatives. Hal Goldsmith, assistant […]


News

Structural Issues Force Emergency Evacuation of South Florida Apartment Building

April 5, 2022

Via: ENR

Officials in North Miami Beach, Fla., evacuated a five-story apartment building April 4 after an engineering survey revealed excessive deflection in multiple floor slabs. The owners of Bayview 60 Homes, a 60-unit structure alongside a canal in the city’s Eastern […]


News

US infrastructure diversity plan draws fire from contractors, minority groups

March 10, 2022

Via: Construction Dive

The objective of the memo is to create good-paying jobs, with the choice to join a union, for workers in traditionally underserved communities, according to a joint statement from DOL and DOT released this week. But it also said it […]