Commercial Building: Page 25
-
Economic Reports
Input prices rise after 3 months of decline
The first increase since September highlights the ongoing presence of material price volatility, said Anirban Basu, Associated Builders and Contractors’ chief economist.
By Sebastian Obando • Feb. 20, 2024 -
EV battery plant construction booms even as automakers hit the brakes
Although demand for electric vehicles has slowed, EV-related projects are continuing to help power the construction industry.
By Sebastian Obando • Feb. 20, 2024 -
Explore the Trendline➔
sandsun via Getty ImagesTrendlineTop 5 stories from Construction Dive
Construction Dive editors curate some of the industry’s top stories from this year.
By Construction Dive staff -
Michigan is no longer a ‘right-to-work’ state
The repeal, which took effect Tuesday, is the first such reversal since states began implementing laws that prohibit union security agreements in the 1940s.
By Emilie Shumway • Feb. 15, 2024 -
5 of the biggest OSHA fines of Q4 2023
One builder faces over $1.8 million in initial citations due to the use of updated instance-by-instance rules.
By Zachary Phillips • Feb. 15, 2024 -
The average school building is nearly a half-century old
An NCES survey found about a third of public schools have never undergone any major renovations, been replaced or gotten an addition.
By Anna Merod • Feb. 15, 2024 -
LivAway Suites expands as infrastructure spending boosts extended stay demand
The brand’s latest hotel groundbreaking in Dewitt, New York, is poised to benefit from a nearby $100 billion, federally funded factory project.
By Jenna Graber • Feb. 15, 2024 -
Q&A
Slowdown ahead due to interest rates, GC exec says
As people move to the Southeast, Samet Corp. has seen an increase in demand for multifamily and public projects, according to CFO Doug Beane.
By Zachary Phillips • Feb. 14, 2024 -
Project Milestones
Turner JV breaks ground on $550M Texas hospital
University Health’s Palo Alto Hospital is one of two facilities being built by the state entity in the San Antonio metro area.
By Joe Bousquin • Feb. 14, 2024 -
Opinion
Drones know the dirt: How UAVs can measure jobsite materials
A reality capture manager at Columbia breaks down the basics, from software and training to regulations like the upcoming Remote ID Rule.
By Erik Gronneberg • Feb. 14, 2024 -
Economic Reports
Backlog dips again amid tight lending conditions
The heavy industrial sector saw large gains, while institutional and infrastructure segments dropped.
By Matthew Thibault • Feb. 14, 2024 -
Q&A
‘Never give up’ applies to football and construction, says ex-quarterback
Once on a professional football team’s roster, Bryan Ehrlich now uses a lifetime of construction knowledge to deliver renovation projects in the Southeast.
By Zachary Phillips • Feb. 13, 2024 -
Kraus-Anderson buys healthcare-focused Phoenix builder
Sonoran Crest Construction is the first acquisition for the 126-year-old Minneapolis firm.
By Matthew Thibault • Feb. 13, 2024 -
AstraZeneca to invest $300M in US cell therapy plant
The U.K. drugmaker is adding a facility in Rockville, Maryland, after a spate of dealmaking in the therapeutic field.
By Kristin Jensen • Feb. 13, 2024 -
Project Wins
PCL nabs $667M Saskatchewan hospital job
The firm will design and build a new acute care tower at Prince Albert Victoria Hospital with a heliport and an expanded emergency department.
By Matthew Thibault • Feb. 12, 2024 -
Skanska’s Q4 profits tumble 73% due to property market
As U.S. construction helped bolster the Swedish builder’s balance sheet, the states’ poor commercial property market and return-to-office rates had negative impacts.
By Zachary Phillips • Feb. 9, 2024 -
Regional Report
Dallas bucks national office construction slump
The city leads the U.S. in office space under construction, according to commercial real estate services firms Cushman & Wakfield and CBRE.
By Sebastian Obando • Feb. 9, 2024 -
Construction planning inches higher despite commercial weakness
Though Dodge Construction Network expects momentum to pick back up in the second half, private project planning remains challenged by a difficult financing environment.
By Sebastian Obando • Feb. 9, 2024 -
How to attract workers to far-flung jobsites
Major projects away from city centers often lack a strong labor pool, so contractors must entice potential hires to relocate.
By Jen A. Miller • Updated Feb. 9, 2024 -
5 stadium projects set to cross the goal line in 2024
From a $2 billion Los Angeles arena to the first venue built specifically for a women’s team, these are the major professional North American arenas scheduled to score openings this year.
By Zachary Phillips • Feb. 8, 2024 -
JPMorgan wants to open 500 branches in next 3 years
The bank is looking to expand in areas such as Boston, Charlotte, Minneapolis, Philadelphia and Washington, D.C. — but aims to close another 30 First Republic locations.
By Rajashree Chakravarty • Feb. 8, 2024 -
AECOM Q1 revenue, profits up as backlog dips
CEO Troy Rudd cited strength in water, resilience and other infrastructure markets, but the firm pulled two previously announced deals from its development pipeline.
By Julie Strupp • Feb. 7, 2024 -
Project Milestones
Skanska completes $560M New York hospital
The contractor used drones to capture real-time views of progress on the 288,000-square-foot Petrocelli Surgical Pavilion project.
By Zachary Phillips • Feb. 6, 2024 -
Jacobs profits, backlog jump amid advanced manufacturing boost
The Dallas-based company continues to add notable wins in its water infrastructure projects, according to the firm’s first quarter results.
By Sebastian Obando • Feb. 6, 2024 -
McHugh Construction restores 1920s Chicago theater
The builder turned the single-screen Ramova Theatre into an 1,800-seat concert hall and created brewery, restaurant and event spaces.
By Matthew Thibault • Updated Feb. 6, 2024 -
Opinion
3 reasons why new tradespeople don’t stick around
Poor training, bad bosses and other frustrations can drive away new recruits to the construction industry, writes a Texas quality control manager.
By Fulton Cure • Feb. 6, 2024