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Tag: commercial building


Sustainability

Top 10 Major Upcoming Entertainment Facility and Stadium-Arena Construction Projects – U.S. – July 2020

July 8, 2020

Via: ConstructConnect

The accompanying tables show the top 10 major upcoming entertainment facility and stadium-arena construction projects in the U.S. They are all in the planning stage and are mainly new projects, but may also involve additions and/or alterations. Shopping centers, hotels, […]


Construction Processes, Financial, Sustainability

New York’s MTA needs billions in federal funding after COVID-19 crisis

July 7, 2020

Via: Construction Dive

Just weeks after New York’s Metropolitan Transit Authority announced it was beginning its largest capital program ever, COVID-19 hit the region, and the area quickly became the epicenter of the coronavirus infection in the U.S. As the state grappled with […]


Sustainability

Real Estate Survey Predicts Office Market Still in Decline

July 7, 2020

Via: ENR

The only bright spot in a national real estate market in terrible shape, thanks to COVID-19, is an uptick in demand for industrial warehouse space due to increased online shopping deliveries during lockdowns, according to a recent survey. Cold storage […]


Construction Processes, Financial

4 Ways to Reduce Operating Costs in the Construction Industry

June 10, 2020

Via: ConstructConnect

Costs are an integral part of the construction business: the industry spends money to make money. But despite some of its best efforts, considerable operating costs are making it more challenging to compete and, in some cases, undermine the quality […]


Sustainability, Uncategorized

$1.1B Pittsburgh airport modernization on hold amid coronavirus concerns

May 14, 2020

Via: Construction Dive

The coronavirus aside, the airport authority’s plan is to tear down an old U.S. Airways terminal and replace it with an updated one that will include ticketing, boarding, security, a new international arrival area and parking. The actual cost of […]


Sustainability

Weak Velocity of Money & High Savings Rate Save Stock Markets

May 5, 2020

Via: ConstructConnect

North America’s four major stock market indices, as shown in Table 1, all recorded strong recent month-to-month performances. They managed double-digit percentage gains from month-end closings in March to month-end closings in April. The appreciations ranged from a low of […]


Sustainability

Report: Q1 hotel construction pipeline strong despite pandemic

May 5, 2020

Via: Construction Dive

Although Lodging Econometrics reported that some hotel owners are taking the opportunity to renovate and reposition their properties while occupancy is low (1,385 projects/232,288 rooms), it noted that it is still too early to determine what the total impact of […]


Construction Processes, Interaction of Expertise, Sustainability

Trust translates to better financial, organizational performance for contractors, survey shows

March 12, 2020

Via: Construction Dive

Construction companies that don’t make trust a high priority within their organizations could be leaving millions of dollars on the table every year, according to a study released by Autodesk and management consultancy FMI Corp. this week. Authors of the […]


Construction Processes, Financial, Interaction of Expertise

Founders of modular builder Guerdon buy company assets, form new business

March 10, 2020

Via: Construction Dive

According to The Idaho Statesman, it’s unclear what caused GELLC’s financial problems leading to foreclosure and that the original company did not file for bankruptcy. In July 2018, modular builder Skender announced the opening of a new manufacturing facility in […]


Construction Processes, Financial, Interaction of Expertise

Denver airport chief takes blame for $1.8B Great Hall P3 debacle

February 27, 2020

Via: Construction Dive

In previous statements, Day put the majority of the blame for delays and rising costs on Great Hall Partners. Airport officials did not respond to Construction Dive’s request for comments. The trouble between Great Hall and the airport heated up […]