In a significant move that highlights Thor Equities' commitment to growth and excellence in the industrial sector, the company has successfully obtained a $68.5 million construction loan from Acres Capital for the development of a state-of-the-art, 310,500-square-foot Class A industrial
The construction industry has been experiencing a significant surge in wages for residential building workers, according to the National Association of Home Builders’ Eye On Housing blog. In September 2024, these wages saw an impressive increase of 9.9%, following an even more dramatic rise of 1
A recent lawsuit has brought to light the challenges and complexities inherent in urban construction projects, specifically highlighting the prolonged and costly delays associated with the Julia M. Carson Transit Center. Indianapolis Public Transportation Corporation, commonly known as IndyGo, has
In 2024, the construction industry in the United States navigates a landscape characterized by rising costs and unpredictable economic shifts. The current state of construction costs is underscored by a 20-city average cost index that reflects the growing expenses in materials and significant
The Occupational Safety and Health Administration (OSHA) has embarked on a transformative journey to enhance worker safety in the construction industry, particularly focusing on the period from 2024 and beyond. With a significant increase in budget allocation and the integration of advanced
Election uncertainty has had a noticeable impact on construction activity leading up to the 2024 presidential race. Business owners' anxiety is at an all-time high, influencing key sectors such as private construction, while public sector projects remain somewhat insulated from these concerns
