Sat.Oct 19, 2024 - Fri.Oct 25, 2024

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The 9 largest commercial construction starts of September 2024

Construction Dive

Construction industry news, trends and jobs for building professionals who want mobile-friendly content.

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Residential Construction Loan Volume Sees Sharpest Drop Since 2012

The Pro Builder

In Q2 2024, the volume of acquisition, development, and construction (AD&C) loans saw its steepest year-over-year decline since 2012, driven largely by high interest rates, according to the National Association of Home Builders’ Eye On Housing blog. During this time, residential construction loans dropped by over 10% compared with the previous year.

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Preferred bidders announced for upcoming Eastern Freeway upgrades

Roads Online

Image courtesy of the Victorian Government. The Victorian Government has unveiled the preferred contractors for future works on the Eastern Freeway Upgrades, with two consortia picked for two different project packages. The Momentum consortium has been selected as the preferred bidder for the upgrades between Hoddle Street and Burke Road. This will include new technology, additional lanes, connections to the Eastern Busway, and new walking and cycling paths including a dedicated bridge over the

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Bentley Systems: Open Data Ecosystems to Advance Infrastructure Engineering

Civil + Structural Engineer

At its Year in Infrastructure conference, Bentley highlights the value of open data ecosystems to improve infrastructure resilience and sustainability VANCOUVER — Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, unveiled its vision for open data ecosystems to advance infrastructure engineering at its annual Year in Infrastructure conference.

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Stay Ahead in 2024 with Proven Strategies for Success

The specialty contractor space is facing a transformative period, driven by labor shortages, rapid technological advancements, and increasing regulatory requirements. In 2024, contractors must navigate complex challenges like fragmented management systems and delays in payment. This guide offers a deep dive into the key disruptions reshaping the industry over the next 24 months, including digitization, sustainable practices, and modular construction.

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Apprenticeships help workers see construction as their first choice

Construction Dive

To combat the labor shortage, John Mielke, senior director of apprenticeship for ABC, says contractors need to provide more on-ramps to careers in the industry.

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Why was the UK’s ‘blackout prevention system’ activated on 14 October?

New Civil Engineer

The UK’s ‘blackout prevention system’ was activated around midday on 14 October, but how close was the UK to actually cutting off power to parts of its electricity grid? The post Why was the UK’s ‘blackout prevention system’ activated on 14 October? appeared first on New Civil Engineer.

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The Critical Role of Utility Vegetation Management: Integrating AI and Digital Twins for Enhanced Safety and Reliability

Civil + Structural Engineer

By Looq AI Addressing the Challenges of Utility Vegetation Management Managing vegetation around America’s electric transmission and distribution infrastructure is crucial for ensuring uninterrupted power delivery. Utility Vegetation Management (UVM) is highly complex and represents a significant cost burden on utility operations and maintenance (O&M) budgets.

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$13B overhaul of I-45 in Houston breaks ground after years of delays

Construction Dive

The controversial highway widening project, one of Texas’ largest infrastructure efforts, is expected to take 18 years to complete.

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Majority of Renters Believe They Will Never Own a Home

The Pro Builder

Homeownership has traditionally been a part of the American dream, but for many renters, that dream feels unattainable. That’s according to a recent survey from online lending place LendingTree, which shows that 62% of renters believe they may never own a home due to high costs and poor credit scores, among other reasons. Despite this, most renters want to own a home.

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Every Contractor Needs An Effective Website - Unlock the Key to Increased Leads

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.

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Financial Institutions Make Changes to Keep up with Technology

Wolgast Corporation

As technology changes to be more flexible and safely accessible, Financial Institutions are making changes, too. We have clients who are making the switch to Interactive Teller Machines (ITMs) so they can operate better under the current labor shortage and be more convenient for their members. The ITMs offer video operators that are highly skilled to efficiently help members virtually by operating from anywhere in the country.

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Failed ISG companies had over £800M in liabilities

New Civil Engineer

The eight failed ISG companies had over £800M in liabilities at the time of their collapse, including £197M owed to the supply chain that will not be recouped. The post Failed ISG companies had over £800M in liabilities appeared first on New Civil Engineer.

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Avoid these common mistakes around software implementation

Construction Dive

Software itself is rarely the problem — it’s how you implement it that makes all the difference, according to a construction accounting consultant.

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These Cities Have the Most Homeowners Under 25

The Pro Builder

Buying a home is no easy task, and this is especially the case for younger generations. In recent years, the housing market has become even more challenging for young, first-time homebuyers due to escalating prices and high mortgage rates. However, in some markers, young adults have made strides in homeownership, according to Construction Coverage. Among the largest U.S. metros, Grand Rapids, Mich., leads the way with its share of homeowners under the age of 25 reaching 9.1%.

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The Ultimate Guide To Data-Driven Construction: Optimize Projects, Reduce Risks, & Boost Innovation

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.

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London Stadium goes solar powered

The Construction Index

London Stadium is looking to become one of the world’s greenest sports and concert venues as work begins on the installation of 6,500 square metres of solar membrane panels.

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Reinstating an abandoned Irish railway to help shift freight from road to rail

New Civil Engineer

A disused railway line in the west of Ireland is being brought back to life as a first step in Iarnród Éireann’s (Irish Rail’s) strategy to encourage a switch of freight from road to rail. The post Reinstating an abandoned Irish railway to help shift freight from road to rail appeared first on New Civil Engineer.

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Databank secures $2B to build data centers

Construction Dive

AECOM Tishman, Rogers-O’Brien and Brasfield & Gorrie have won contracts to build facilities in Virginia, Dallas and Atlanta.

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Despite a Slight Drop, Homeowner Equity Remains High

The Pro Builder

While homeowner equity has been ramping up over the last several quarters, these gains appear to be cooling down—though slightly. According to property data provider ATTOM’s Q3 2024 U.S. Home Equity & Underwater Report, 48.3% of mortgaged homes were considered equity-rich during Q3 2024, compared with 49.2% in Q2 2024. While dropping slightly quarter-over-quarter, this is still higher than the 47.4% of mortgaged homes recorded during the same time last year.

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The Ultimate Checklist for Choosing the Right Construction Management Software

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.

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Mastering Leadership In Construction: From Passive To Assertive

Contractor Bookkeeping

Effective leadership is crucial for project success in the dynamically challenging construction environment. A Project Manager (PM) oversees operations, guides teams through day-to-day tasks, ensures effective communication, and maintains stakeholder alignment. As many of you, our readers and clients, are both wearing two hats - PM and Owner; it's essential to understand the advantages and disadvantages of taking on both roles.

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Council sues developer over lack of affordable housing

The Construction Index

Bolsover District Council has taken a housing developer to court over the lack of affordable housing on their site, in breach of its planning permission approval.

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Jacobs books $267M Navajo water treatment project

Construction Dive

The Dallas-based company will design and build the plant in New Mexico to treat up to 18.8 million gallons of water per day.

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What’s happening at the Line? Engineers analyse construction in Saudi Arabia from space

New Civil Engineer

Civil engineers have shared their thoughts about the construction and engineering underway at Saudi Arabia’s linear city the Line by analysing satellite imagery of the expansive work site. The post What’s happening at the Line? Engineers analyse construction in Saudi Arabia from space appeared first on New Civil Engineer.

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Outdated ERP? Spot the Signs Before It Stalls Your Progress

Aging construction ERP systems can slow down productivity and put your business at risk. If you’re working with outdated software, you may be missing out on essential features and innovations like AI, AR, and enhanced reporting capabilities. This guide provides you with insights regarding when you need to upgrade and outlines what to look for in a new construction ERP system.

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Construction business confidence hits three-year high

Construction News

Confidence among construction firms has reached its highest point in nearly three years, according to a survey of accountants. In the past quarter, construction companies reported the highest optimism out of any sector, in a regular survey carried out by accountancy trade body the Institute… The post Construction business confidence hits three-year high appeared first on Construction News.

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Ardent explains withdrawal from earthmoving

The Construction Index

Ardent Hire Solutions has said that it is quitting the excavator rental market because of “ever-decreasing returns” Read Full Article: The Construction Index

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Construction leaders form executive council on suicide prevention

Construction Dive

Some of the biggest names in the industry have created a group to meet quarterly on how to improve mental health offerings.

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Government to free up billions for infrastructure spending through change to debt rules

New Civil Engineer

The UK government will free up billions to fund infrastructure through a change on the way it measures debt, the chancellor has confirmed. The post Government to free up billions for infrastructure spending through change to debt rules appeared first on New Civil Engineer.

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The Art of Contingency Planning: Dealing with Unforeseen Costs

Contingency planning is a strategic plan to allocate resources, time, and money if “all hell breaks loose” on a project. It considers risk mitigation and planning for a worst-case scenario.  Contingency planning in construction is necessary. You're expected to throw in a percentage to cover a contingency plan in your estimates but is it enough? There is an art to this type of planning and, if project leaders aren’t careful, a contingency plan could cost the company a lot more than lapsed deadlin

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The payment platform that wants to save the construction industry

Construction News

The recent ISG collapse has put the construction industry in the spotlight once again. As a cornerstone of the UK economy, employing millions and contributing 7 per cent to the country’s GDP, the sector is plagued by a persistent issue: cashflow. Payment delays are a… The post The payment platform that wants to save the construction industry appeared first on Construction News.

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Barratt Redrow to shut nine offices

The Construction Index

With Barratt Developments' acquisition of Redrow now complete, the business of integrating the two major house-building businesses has begun.

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Contech startup contest taps 8 finalists

Construction Dive

From an AI chatbot plumbing project specs to cosmic rays peering inside infrastructure, the Cemex Ventures-led annual contest surfaced an array of emerging construction tech.

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