The Pro Builder
AUGUST 5, 2024
After months of home price gains, homebuyers can finally look forward to seeing price cuts across the housing market. In July, the median home price dropped to $439,950 from $445,000 in June, online real estate platform Realtor.com reports. Additionally, there was a rise in the number of listings with price reductions, reaching a two-year high of 18.9% in July, and up 3.4% from the previous year.
Construction Dive
AUGUST 5, 2024
The Irving, Texas-based firm secured $3.1 billion in new awards during the second quarter, driven by manufacturing and life sciences projects.
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Civil + Structural Engineer
AUGUST 5, 2024
National Building Systems Design Firm Helps Bring World’s First Climate Positive Arena to Life LENEXA, Kan. — Henderson Engineers , a national building systems design firm, is proud to be part of the all-star team helping deliver Intuit Dome , the world’s first climate positive arena and home of the Los Angeles Clippers. When fans pour into the state-of-the-art facility for NBA games, concerts, and other entertainment events upon its grand opening on August 15, they’ll be stepping into a multi
Construction Dive
AUGUST 5, 2024
The new Ryan Field in Evanston, Illinois, will have 12,000 fewer seats, allowing it host smaller events in addition to football, but some local residents are fighting it.
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Construction companies face shifting labor markets, volatile material pricing, and global supply chain disruptions that threaten profitability. This guide details how industry leaders are replacing outdated budgeting with incremental funding, adopting regional procurement, and using digital tools for real-time financial oversight. Learn how to deploy workforce agility, connected jobsite monitoring, automated procurement, and cost simulation models to preserve margin stability.
Civil + Structural Engineer
AUGUST 5, 2024
MEMPHIS, Tenn. – The U.S. Army Corps of Engineers (USACE) Headquarters Engineering and Construction Division announced in June that Nicholas “Nikko” Aleman, the Geotechnical Section Chief for the Memphis District (MVM), is the recipient of this year’s Timothy Skeen Geotechnics Professional of the Year award. The Timothy Skeen Geotechnics Professional of the Year award recognizes one USACE geotechnics professional who has demonstrated the highest professionalism and commitment
Construction Project Zone brings together the best content for construction projects from the widest variety of industry thought leaders.
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The Pro Builder
AUGUST 5, 2024
This year has been tough for prospective homebuyers, but some good news came recently in the form of lower mortgage rates. According to Fast Company, the average 30-year fixed mortgage rate fell to 6.4%, and the 15-year fixed rate dropped to 5.89%. These are the lowest rates since April and May 2023, respectively. Mortgage rates fluctuate daily with the economy, influenced by factors like inflation and job growth, and while lower rates benefit buyers, they can also indicate challenges for the U.
Construction Dive
AUGUST 5, 2024
The hospitality company is scaling back on new projects largely due to the high cost and complex financing involved in ground-up construction, according to its second quarter earnings call.
The Pro Builder
AUGUST 5, 2024
One ADU, two … tiny homes? Pocket-community units? Micro-housing clusters? What should the plural of accessory dwelling units be called?In grouping accessory dwelling units or ADUs into multi-unit clusters, the naming gets tricky. Accessory to what? But let’s not get tripped up on the nomenclature. Micro-housing developments (let’s go with that term) are coming, and builders and their customers stand to gain from it.
Construction Dive
AUGUST 5, 2024
When safety, cost, schedule and performance are on the line, quality teams need every advantage they can get. AI can help.
Speaker: Dylan Secrest
Construction projects are high-stakes operations where even minor inefficiencies can lead to costly delays, safety concerns, and budget overruns. Managing risk in construction has always been a challenge, but as projects grow in complexity, traditional methods no longer cut it. Enter Digital Transformation - a game changer approach that replaces inefficiency with AI-powered analytics, real-time monitoring, and automated workflows to proactively manage risk.
New Civil Engineer
AUGUST 5, 2024
Officials working up private funding options for the development of HS2’s Euston Station were due to have presented a shortlist to ministers by now, it has emerged. The post HS2: Euston private funding plan uncertain as ‘due’ date lapses appeared first on New Civil Engineer.
Construction Dive
AUGUST 5, 2024
As the Metropolitan Transportation Authority deals with the financial fallout from the congestion pricing pause, advocates filed two lawsuits seeking to overturn Gov. Kathy Hochul’s decision.
New Civil Engineer
AUGUST 5, 2024
Feasibility assessments and design work for step-free access is being carried out by Transport for London (TfL) at 12 more London Underground stations. The post Next 12 London Underground stations to have step-free accessibility upgrades announced appeared first on New Civil Engineer.
Civil + Structural Engineer
AUGUST 5, 2024
By Ezequiel Tovar, Ownership Transition Analyst, Zweig Group From The Zweig Letter These are vital instruments for AEC companies to ensure smooth transitions and business continuity. In the AEC industry, buy/sell agreements are essential tools to ensure business continuity and stability. These agreements are pivotal in facilitating seamless ownership transitions and safeguarding the interests of all parties involved.
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Risk management in construction faces pressure from tighter margins, compressed timelines, and increasing complexity. This guide shows how AI strengthens project stability by predicting risks across cost, schedule, safety, supply chains, and workforce planning. AI algorithms analyze procurement data, subcontractor bids, equipment performance, and site conditions to identify potential disruptions.
The Pro Builder
AUGUST 5, 2024
While data show that the U.S. national homeownership rate in Q2 2024 held steady relative to Q1 at 65.6%, it was still the lowest rate of homeownership in two years, according to the National Association of Home Builders’ Eye On Housing blog, and below the 25-year average of 66.4%. But the data made clear it's households under 35 that are being hardest hit by housing affordability issues.
New Civil Engineer
AUGUST 5, 2024
The proposed Docklands Light Railway (DLR) from Beckton Riverside to Thamesmead extension will have its business case developed following a successful public consultation, Transport for London (TfL) has said. The post DLR extension from Beckton Riverside to Thamesmead business case to be developed appeared first on New Civil Engineer.
The Pro Builder
AUGUST 5, 2024
In a market bogged down by high housing costs, some buyers are willing to make sacrifices to afford a home. A recent survey from housing market data tracker Redfin shows nearly one in five house hunters are prepared to compromise their physical safety to purchase a home within the next year. While survey respondents generally preferred to forgo less essential housing features, such as the number of bedrooms, a notable portion—particularly among younger generations—expressed a willingness to buy
For Construction Pros
AUGUST 5, 2024
The next generation of service trailer might make-or-break your jobsite experience. A diverse mix of machine types means that your fueling trailers and trucks need to be able to handle every possible need to avoid a work stoppage.
Speaker: Abdi Ali, Sr. Lease Accounting Consultant
Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.
The Pro Builder
AUGUST 5, 2024
Despite reports of home price cuts, costs remain elevated, ultimately causing the homeownership rate to drop. At 65.6%, the average homeownership rate is below the 25-year average of 66.4%, according to the National Association of Home Builders’ Eye On Housing blog. The homeownership rate for younger generations is even lower. As of Q2 2024, the homeownership rate for those under the age of 35 decreased to 37.4%.
The Construction Index
AUGUST 5, 2024
Plans for transforming more old steelworks land in Motherwell are moving forward.
The Pro Builder
AUGUST 5, 2024
After months of home price gains, homebuyers can finally look forward to seeing price cuts across the housing market. In July, the median home price dropped to $439,950 from $445,000 in June, online real estate platform Realtor.com reported. Additionally, there was a rise in the number of listings with price reductions, reaching a two-year high of 18.9% in July, and up 3.4% from the previous year.
The Construction Index
AUGUST 5, 2024
House-builder Honey has submitted plans and exchanged contracts on a 16-acre site in Bessacarr, Doncaster, to build a £53m, 184-home development.
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CONSTRUCT™ by CMiC delivers structured project management built for the realities of construction. It brings together RFIs, submittals, drawings, and punch lists in a connected environment that prevents gaps in communication and documentation. Risk is managed in real-time with issue tracking, automated compliance checks, and daily journals that surface hidden patterns.
New Civil Engineer
AUGUST 5, 2024
Railway engineers are working to repair a historic sliding swing bridge that takes trains over the Stainforth & Keadby Canal in the village of Keadby near Scunthorpe. The post Network Rail undertakes urgent repairs to unique sliding railway bridge over Lincolnshire canal appeared first on New Civil Engineer.
The Construction Index
AUGUST 5, 2024
Construction of a new hotel in Swansea's Copr Bay could start next year.
New Civil Engineer
AUGUST 5, 2024
A second community consultation will take place this month for a planned 2GW pumped storage hydro (PSH) project near Loch Ness. The post Proposed £3bn 2GW Loch Ness pumped storage hydro scheme edges ahead appeared first on New Civil Engineer.
Civil + Structural Engineer
AUGUST 5, 2024
FAYETTEVILLE, Ark. — Halff, an award-winning, employee-owned, diverse and full-service infrastructure consulting firm, has opened an office in Fayetteville, marking its second office in Northwest Arkansas and the fifth in the Natural State. “Northwest Arkansas is one of the fastest growing areas in the U.S., which has created an even greater need for Halff’s services,” President and CEO Jessica Baker Daily said. “Our new Fayetteville office’s proximity to the
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Grow Leads & Visibility! Contractors need more than word-of-mouth. A strong website boosts visibility, draws in leads, showcases skills, and enhances your credibility. Learn how a quality site, that is easy to manage, can set you apart from the competition, and help can take your construction business to the next level. Marketpath is a leading provider of high-quality website solutions tailored for contractors and the construction industry.
New Civil Engineer
AUGUST 5, 2024
More than £20M has been announced for improvements in active travel, cycling, bus and metro links in Greater Manchester. The post £20M allocated to travel and connectivity improvements across Greater Manchester appeared first on New Civil Engineer.
BDC Network
AUGUST 5, 2024
Mastering the art of project schedule: Expert insights on design and construction 0 qpurcell Mon, 08/05/2024 - 13:11 Architects We sat down with two experts in the design field, Ron Dick (Founding Partner and Architect) and Mike Niezer (COO and Architect), to talk about everything you need to know about the entire process. Mike Niezer, RA, and Ron Dick, AIA, LEED AP Contractors Designers Architects Starting a build project can be intimidating, even if you’ve had experience with it before.
New Civil Engineer
AUGUST 5, 2024
Transport body Midlands Connect has detailed 17 road projects it believes the new government should build next to best benefit the Midlands region. The post Midlands Connect details top 17 road projects it believes government should build next appeared first on New Civil Engineer.
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