Category: News

January 25, 2024

As the new year begins, construction pros across the country face a range of challenges and opportunities. Amid the continuing labor shortage and high interest rates, it’s anyone’s guess what will happen in 2024, but Construction Dive has the insights […]

January 24, 2024

Global construction volume will grow by 1.2% this year and by a 3% annual average over the rest of the decade, forecasts London-based Global Construction Perspectives in a report released Jan. 23. Projected growth builds on last year’s 0.9% increase […]

January 23, 2024

Working just three blocks apart in Phoenix’s burgeoning downtown Central Avenue corridor, Layton Construction Co. teams are simultaneously completing two high-rise projects that will collectively add almost 2.5 million sq ft of mixed-use residential, student housing, office and retail space. […]

January 22, 2024

This year’s diverse group of Top Young Professionals forecasts a promising future for design and construction firms in the region. A majority of the 20 professionals on this year’s list are women, and many are minorities. With the industry struggling […]

January 19, 2024

2024 provides promise that positive momentum will continue to build, largely due to the expectation of lower interest rates, said Branch. The American Institute of Architects’ Architecture Billings Index, which tracks architectural design activity, also showed some positive signs, with […]

January 18, 2024

When the COVID-19 pandemic began, Shawna Guevara, managing director of McKinney, Texas-based Landmark Structural Builders, wanted to send as many people home as possible. “If the job duty or job title was not obligated contractually to be on the jobsite, […]

January 18, 2024

Major manufacturing projects are cropping up around where they have the labor pool to do so, Newmark Group found. Different stages of manufacturing operations — research and development, pilot plant and mass production — require different types of labor, and […]

January 16, 2024

Infrastructure construction is poised for another strong year, thanks in part to large infusions of federal money. The sector has propped up the building industry in recent months amid interest rate hikes and declines in backlog. The Infrastructure Investment and […]

January 11, 2024

Construction’s labor struggles will continue in 2024, and it’s not just due to the number of new jobs set to break ground. The reasons for a lack of skilled applicants this year are many. For instance, even as the industry’s […]

January 10, 2024

Commercial planning, which includes office, hotel, retail and warehouse projects, has generally been in decline since its November 2022 peak due to high interest rates, supply chain disruptions and stricter lending standards, but Martin noted the segment began to stabilize […]

January 8, 2024

Mitch Landrieu, who oversaw the launch of the $1.2-trillion Infrastructure Investment and Jobs Act, is leaving his post as White House director of infrastructure implementation to become a co-chair of President Joe Biden’s re-election campaign. Jan. 12 will be Landrieu’s […]

January 8, 2024

Hiring isn’t the only ingredient creating what AGC CEO Stephen Sandherr called a “mixed-bag” for contractors this year. Respondents’ top concerns for 2024 included: Rising interest rates or financing costs: 64%. Economic slowdown or recession: 62%. Rising direct labor costs […]

January 5, 2024

Strong group and international travel demand will drive domestic hotel performance growth in 2024, resulting in positive investment fundamentals, hospitality-focused investment firm Newbond Holdings predicts. Ian Gaum, partner at the New York City-headquartered firm, told Hotel Dive he expects “broad-based […]

January 4, 2024

When factoring in the residential sector, total construction spending increased 0.4% in November to a seasonally adjusted annualized basis of $2.05 trillion, according to the Associated General Contractors of America. “Private construction spending is showing renewed vigor in homebuilding and […]

January 3, 2024

A research team led by materials scientists at Duke University has developed a method for rapidly discovering a new class of materials with heat and electronic tolerances so rugged that they that could enable devices to function at lava-like temperatures […]

December 28, 2023

The proposed Calcasieu Pass 2 liquefied natural gas export terminal and pipeline project in Louisiana appears to be advancing with owner Venture Global hiring Australian-based Worley as EPC contractor. But the megaproject is still pending government approval as it faces […]

December 27, 2023

As part of our 2023: Year in Review retrospective, on ArchDaily we review and reflect over this years’ publications. Residential architecture continues to be one of the most visited categories when it comes to built architecture, sparking interest from our […]

December 27, 2023

Updated specifications for civil engineer professional practice exams will eliminate a common breadth of knowledge section to allow more emphasis on discipline-specific expertise. The change is set to take effect next April in this key step to gain a state […]

December 26, 2023

New Biden administration agreements with a number of water agencies in California would conserve up to 643,000 acre-ft of water in Lake Mead through 2025. These include $295 million in compensation for longer term investments in Colorado River water conservation […]

December 26, 2023

The field trial of a mineral-based concrete binder as a replacement for portland cement shows promise, says structural engineer Don Davies, the developer of a living laboratory in Seattle to prove the efficacy of bleeding-edge reduced-carbon materials. The structural engineer-turned-developer […]