Tag: commercial building

January 13, 2021

Rents are breaking records, but the construction pipeline is, too. As of Q4, there were 360.7 million industrial square feet under construction with 94% of it intended for warehouse and distribution uses, according to the report. The South has the […]

January 5, 2021

One of the most anticipated aspects of the $908 billion coronavirus relief measure signed by President Trump last week includes $284 billion for a revamped Paycheck Protection Program. The measure — attached to a $1.4 trillion bill set to fund […]

December 11, 2020

The results came as Fluor looks to regain its footing after a restructuring to put accounting mishaps behind it. The company is now pursuing higher-quality contracts, even as it continues to work through older, “zero margin” jobs. The firm didn’t […]

December 9, 2020

Many construction companies operate on razor thin margins and most are definitely not strangers to cash flow issues. Compound those with a crisis and things can get rocky fast. However, dealing with financial hardships and challenging stretches in business life […]

December 4, 2020

While construction has struggled through a year of unprecedented challenges, it has also proven to be one of the country’s most resilient industries in light of the coronavirus outbreak. Contractors have dealt with a range of challenges this year, including […]

November 18, 2020

Despite the fact that Manhattan’s office towers remain 85% unoccupied, according to the New York Post, the One Madison Avenue development team is betting on a revival of the sector once COVID-19 has passed. The most likely tenants for the […]

November 17, 2020

As Congress begins its lame-duck session, one item that construction groups and companies will be studying closely is the fate of appropriations legislation to fund federal agencies, including their construction and infrastructure programs, through next Sept. 30, the end of […]

October 27, 2020

PGCPS said that 40% of its buildings that were constructed 60 years ago need either total renovation or replacement. The price tag to modernize the system would be approximately $8.5 billion over 20 years, but PGCPS has only $210 million […]

October 21, 2020

Greg Page, the president of Waldorf, Maryland-based Page Building Group, has a proven business strategy when it comes to applying for financing: Send in the White guy. That was the approach he took when he needed $500,000 to fund the […]

October 5, 2020

Cleanliness is a foundational element to any successful safety culture. In today’s environment, it’s also a topic of many discussions and the emphasis of new protocols across industries – and the world. Safety should be engrained in the culture and […]