Commercial Building

Florida's Commercial Real Estate Trends for 2024: A Strategic Outlook
Construction Management Florida's Commercial Real Estate Trends for 2024: A Strategic Outlook

The commercial real estate landscape in Florida is experiencing dynamic shifts influenced by technological advancements, economic changes, and evolving consumer preferences. This analysis aims to delineate the anticipated trends for 2024, examining the interplay of smart technologies,

Dodge Momentum Index Drops 5% in October Despite Yearly Gains
Construction Management Dodge Momentum Index Drops 5% in October Despite Yearly Gains

The leading index for commercial real estate, as measured by the Dodge Momentum Index (DMI), saw a 5% decline in October 2024 from the preceding month, dropping to 197.2 from 208.2. Despite this monthly retreat, the DMI remains 13% higher than in October 2023, indicating strong year-over-year

How is RAYWEST DESIGNBUILD Shaping Hope Mills' Commercial Landscape?
Construction Management How is RAYWEST DESIGNBUILD Shaping Hope Mills' Commercial Landscape?

The landscape of Hope Mills, NC, is witnessing a transformation thanks to the concerted efforts of RAYWEST DESIGNBUILD, a construction firm specializing in commercial projects. Founded in 2015 by Hector Ray and Greg West, RAYWEST DESIGNBUILD has marked its presence in the hearts and minds of local

Legal Dispute Over Development Phasing for Ogden Midtown Village
Construction Management Legal Dispute Over Development Phasing for Ogden Midtown Village

The city of Ogden, Utah, is embroiled in a legal battle with Heritage Land Owners, a development company, over the construction sequence of the Midtown Village project. Situated along Washington Boulevard north of downtown Ogden, the project's progression has stalled due to conflicts between

Why Are Industrial Construction Starts Plummeting in 2024?
Construction Management Why Are Industrial Construction Starts Plummeting in 2024?

The industrial construction sector saw a dramatic downturn in 2024, with the third quarter reporting one of the steepest declines in recent history. According to CommercialEdge data, construction starts plunged by a staggering 75.3 percent from the previous quarter. This figure translates to a drop

Commercial Real Estate Surges 3% in August Driven by Warehouse Projects
Construction Management Commercial Real Estate Surges 3% in August Driven by Warehouse Projects

The commercial real estate sector witnessed a significant uptick in August 2024, marked by a 3% increase according to the Dodge Momentum Index (DMI). This rise, signaling strengthened planning activity, underscores the resilience and growth potential in the market. August's Performance and the

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