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
November 11, 2024Effective communication is a cornerstone of successful construction project management, as highlighted by industry experts at the Construction Management Association of America (CMAA) annual conference in San Francisco. At the event held from October 24 to 29, 2023, leaders in construction
November 7, 2024On Monday, federal approval was announced for a $500 million prison in Letcher County, Kentucky, marking a significant development in the region’s efforts to modernize its incarceration facilities. U.S. Representative Hal Rogers (R-KY) successfully secured the funding through the House A
November 4, 2024Election 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
November 1, 2024Barton Malow, a construction company headquartered in Southfield, Michigan, has been at the forefront of leveraging advanced preconstruction technology to bolster the efficiency and accuracy of their early-phase planning processes. At the heart of this transformative approach is Elizabeth Geiser,
October 31, 2024The ongoing deliberations over Houston's sidewalk ordinance revisions have revealed a complex interplay between the city's long-term urban planning goals and the immediate practical challenges faced by developers and homeowners. Hector Rodriguez, a representative from the city's
October 23, 2024