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Despite lower materials prices, the construction landscape remains complicated due to high interest rates and long lead times, according to AGC Chief Economist Ken Simonson.
Single-Family Rental and Build-to-Rent Market Shows ‘Enduring Strength’ in the Long Term qpurcell Mon, 12/04/2023 - 11:45 After enjoying robust demand during the pandemic, the single-family rental (SFR) and build-to-rent (BTR) sector hasn’t been immune from the challenges facing the rest of the homebuilding industry in 2023. “The overall SFR and BTR sector has seen a slowdown as rising interest rates and persistent construction costs hindered housing development,” says Doug Faron, cofounder and
By Suze Parker Since the days when flour mills lined both sides of the Mississippi River in downtown Minneapolis, Minnesota, the Third Avenue Bridge has been a central connector in the area. It originally carried freight; today, it links retail and residential neighborhoods, carrying TH 65 across the river in the St. Anthony Falls Historic District.
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 This guide details how industry leaders are replacing outdated budgeting with incremental funding, adopting regional procurement, and using digital tools for real-time financial oversight.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.
BUILD reviews five key advantages of bringing an architect on board early to multi-family and mixed-use projects. The post The Development Advantages of Architecting Early: Part 2 – Feasibility appeared first on BUILD Blog.
A campaign organisation is on the brink of taking legal action against the government over the cancellation of HS2 Phase 2a, but the prime minister has pointed the finger at the transport secretary for the decision. The post Government threatened with law suit over HS2 cancellation as Sunak blames transport secretary appeared first on New Civil Engineer.
A campaign organisation is on the brink of taking legal action against the government over the cancellation of HS2 Phase 2a, but the prime minister has pointed the finger at the transport secretary for the decision. The post Government threatened with law suit over HS2 cancellation as Sunak blames transport secretary appeared first on New Civil Engineer.
All housing built from 2025 should include heat pumps, according to new government proposals. A consultation on technical requirements for the government’s Future Homes Standard opened on Wednesday (13 December), with the Department for Levelling Up, Housing and Communities (DLUHC) stating that the requirements will… The post New homes standard to make heat pumps mandatory appeared first on Construction News.
Top 5 States for Construction in 2023 qpurcell Thu, 12/07/2023 - 10:27 Each year, Associated Builders and Contractors releases its Merit Shop Scorecard, ranking the U.S. states for their programs and policies that support the construction workforce. The Scorecard reviews all 50 states and the District of Columbia on their commitment to the construction industry.
Tammy Meyen recently joined the International Training Institute in a role designed to help entice nontraditional workers to join the construction industry.
AUBURN, Ala. — The Auburn University Board of Trustees recently approved the beginning phases of a $15 million research lab for the Samuel Ginn College of Engineering. The object is to make transit vehicles more efficient with increased levels of safety and reduced emissions. The Vehicle Research and Innovation Laboratory project is proposed as a testing facility to address challenges faced by transit vehicle manufacturers in adopting low- or no-emissions technologies.
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.
BUILD sits down with Peter Bohlin and Ray Calabro of BCJ to discuss their process of designing everything from art galleries to books. The post Circumstances, Expectations and Trust: An Interview with Peter Bohlin and Ray Calabro, Bohlin Cywinski Jackson, Part 1 appeared first on BUILD Blog.
Campaigners opposing National Highways’ £1.7bn A303 tunnel underneath Stonehenge World Heritage Site are heading to High Court today, 12 December, for a three-day hearing. The post National Highways’ £1.7bn Stonehenge tunnel scheme returns to High Court appeared first on New Civil Engineer.
To be in business and to remain in business, become a business person! To run a business, you must be business-like. It's not sufficient just to be very good at what you do. Many people who are 'very good at what they do' have failed. The familiar cry: "I'm far too busy for that" is no excuse. Are you 'too busy' to be a competent businessperson? If so, your construction business won't last long.
US Housing Starts See Unexpected Surge in November ibush Tue, 12/19/2023 - 07:41 Census Bureau data show new-home construction was up 14.8% in November, suggesting the housing crunch may be easing Monthly data released by the U.S. Census Bureau on Tuesday shows housing starts increased at a much stronger pace than expected in November, rising 14.8% to an annualized rate of 1.56 million units, with single-family home construction up 18% from October to 1.14 million units—the highest level since A
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.
NEW YORK – Bolstering its reputation for pioneering unique solutions to help developers build on challenging infill sites and meet increasing demand for urban housing, RKTB Architects has announced the completion of an innovative new multifamily residence at One Sullivan Place in Brooklyn. Featuring dramatically cantilevered upper stories that spread out beyond the narrow site and over the rooftops of neighboring buildings, the design captures breathtaking views of the nearby Brooklyn Botanic Ga
Track laying for East West Rail’s (EWR’s) first connections stage (CS1) between Bicester and Bletchley is now “99% complete” according to the project promoter East West Rail Co. The post East West Rail | Track laying ‘99% complete’ between Bicester and Bletchley appeared first on New Civil Engineer.
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.
Outsourcing can offer a range of advantages for small construction businesses in today's competitive market. Not only does it reduce costs and free up valuable time for owners to focus on growing their business, but it also provides access to skills and expertise that may be unavailable in-house. Small construction businesses can streamline operations, increase productivity, and scale faster than ever by working with external professionals or firms who work in certain areas.
Built on Happiness: Meet Pro Builder's 2023 Builder of the Year ibush Tue, 12/12/2023 - 10:20 Delaware-based Schell Brothers, our 2023 Builder of the Year, brings a refreshing approach to delivering homes and measuring success with an overriding mission of happiness Rich Binsacca, Editorial Director, and James McClister, editor Chris Schell is happy, but not because of a positive balance sheet.
As demand for workers in other economic sectors cools, construction still faces a wide margin between the number of available positions and the supply to fill them.
Orlando International Airport Terminal C | HNTB Corporation Orlando, Florida Project Team : Prime Consultant and Architect of Record–HNTB Schematic Design Architect–Fentress Architects Low Voltage Systems Design Engineer–Burns Engineering Airside CMAR–Hensel Phelps Landside CMAR–Turner Kiewit Joint Venture DBOM Baggage Handling System Vendor–Vanderlande Start Date : 30 October 2015 Completion Date : 20 September 2023 Accreditation and Awards : Targeting LEEDv4 Campus-wide Certification Backgroun
Speaker: Donna Laquidara-Carr, PhD, LEED AP, Industry Insights Research Director at Dodge Construction Network
In today’s construction market, owners, construction managers, and contractors must navigate increasing challenges, from cost management to project delays. Fortunately, digital tools now offer valuable insights to help mitigate these risks. However, the sheer volume of tools and the complexity of leveraging their data effectively can be daunting. That’s where data-driven construction comes in.
Ministers have failed to demonstrate how they will achieve the promised benefits of the under-construction Oxford-Cambridge rail link, despite spending more than £1bn on the project to date, a watchdog has warned. The National Audit Office (NAO) said it was “not yet clear” how the… The post East West Rail: ‘Not yet clear’ how benefits of £6.6bn project will be achieved appeared first on Construction News.
The construction of High Speed 2's (HS2's) control centre at Washwood Heath has passed an earthworks milestone with BBV (Balfour Beatty Vinci JV) excavating 1Mm3 of material at the site. The post Construction of HS2 control centre near Birmingham hits earthworks milestone appeared first on New Civil Engineer.
Wellness is an important aspect of life for everyone, especially construction contractors like you. Given the physically demanding nature of the work, contractors must prioritize their physical and mental health. Proper nutrition, exercise, and adequate rest are all necessary for maintaining a healthy body and mind. Additionally, taking breaks and managing stress can help prevent burnout and promote well-being.
Design Insights: 24 Trends for 2024 [Webinar] ibush Mon, 12/11/2023 - 15:12 Four industry professionals' take on what’s next for home building, including trends in home design, master plans, and building products In this webinar from the New Home Trends Institute, four industry pros from the John Burns Research and Consulting team explore what’s next for their particular focus areas.
Managing construction projects in disparate systems and spreadsheets is difficult due to numerous moving parts and diverse stakeholder needs. A dynamic, intuitive software solution is essential for everyone involved—owners, designers, engineers, Construction Managers, and General Contractors. Companies need a secure, centralized system to manage documents, scheduling, financials, and more.
Firm recognized as 2023 Leader in Real Estate, Construction and Design NEWARK, N.J. – Ware Malcomb , an award-winning international design firm, today announced that construction is complete on The Arc of Monmouth Day Habilitation Center, located in Wall Township, NJ. Ware Malcomb provided civil engineering and interior architecture and design services for the 30,000 square foot project.
Today, Procore released its 2023 Impact Report, which showcases the company’s continued environmental, social, and governance (ESG) efforts. Read a version of Tooey Courtemanche’s opening message below. Construction transforms our world in both seen and unseen ways. A skyline can completely shift in a decade. But that skyline is not just made of buildings.
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