Commercial Building: Page 56
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Backlog falls below pre-pandemic level, optimism lingers
Backlog in the commercial and institutional category posted its largest monthly decline since July 2020, according to Associated Builders and Contractors.
By Sebastian Obando • Nov. 15, 2022 -
AECOM beats on earnings, misses on revenue
The firm's CEO said slower-than-expected IIJA funding has pushed back the timeline of infrastructure construction projects.
By Joe Bousquin • Nov. 15, 2022 -
Explore the Trendline➔
vitranc via Getty ImagesTrendlinePreconstruction
Careful collaboration before shovels hit dirt is key to a successful project, experts say.
By Construction Dive staff -
Construction’s supply chain outlook: more shortages, price hikes ahead
Analysts and contractors break down prices and lead times for concrete, cement, steel, lumber, insulation, drywall and HVAC equipment in the coming year.
By Sebastian Obando • Nov. 14, 2022 -
Work resumes on $830M Obama Presidential Center project
Construction was halted for three days following the discovery of a noose on the Chicago jobsite.
By Matthew Thibault • Updated Nov. 16, 2022 -
CRE developers reveal their biggest challenges for 2023
“If you’re in real estate, you are in a recession,” said the author of a new study looking at the main drivers of anxiety among owners.
By Sebastian Obando • Nov. 10, 2022 -
New suit alleges RealPage, Greystar, others colluded on student housing
The class-action lawsuit accuses 10 companies of using RealPage’s systems to inflate student housing rents across the U.S.
By Leslie Shaver • Nov. 10, 2022 -
ajay_suresh via Flickr
Project WinsTurner nabs $236M GSA contract in Manhattan
The country’s largest GC will assume the role of construction manager as contractor on a modernization project at the Silvio J. Mollo Federal Building.
By Joe Bousquin • Nov. 10, 2022 -
First mass timber commercial office building in DC opens
A 108,000-square-foot addition at the Capitol Riverfront property incorporated 1,300 tons of the renewable material.
By Matthew Thibault • Updated Nov. 11, 2022 -
Racism in Construction
Judge dismisses construction worker’s discrimination charges against Microsoft
A federal judge ruled the software company was not the employer of a construction worker who performed tasks for a Skanska-Balfour Beatty JV.
By Joe Bousquin • Nov. 9, 2022 -
Deep Dive
Multifamily developers embrace modular building
The sector is turning to prefabrication to speed up project deliveries, but not for any real cost savings during the construction phase, experts say.
By Sebastian Obando • Nov. 8, 2022 -
Construction planning numbers leap in October despite recession fears
The Dodge Momentum Index, a benchmark that measures nonresidential building planning, increased 9.6% last month.
By Sebastian Obando • Nov. 8, 2022 -
Fluor beats revenues estimates, misses on EPS
Fluor posted higher-than-expected revenue during the third quarter, but three legacy infrastructure projects continue to cause challenges.
By Sebastian Obando • Nov. 4, 2022 -
The 6 states with the highest construction unemployment rates
Construction’s national unemployment rate is down to 3.4%, according to a year-over-year analysis by Associated Builders and Contractors.
By Jennifer Goodman • Nov. 4, 2022 -
Gilbane-Turner JV selected for Buffalo Bills’ new stadium
The structure was designed by Populous and will seat at least 60,000.
By Zachary Phillips • Nov. 4, 2022 -
CONSTRUCTION DIVE INVESTIGATION
Despite OSHA’s efforts, construction’s death rate hasn’t budged in 10 years
Ten in every 100,000 workers died on the job in 2020, a stubbornly stagnant rate that has held since 2011.
By Zachary Phillips , Julia Himmel , Noelle Knox • Updated Nov. 4, 2022 -
Industrial construction pipeline reaches record high as demand slows
Commercial real estate advisory Newmark expects industrial supply to accelerate, even as the need for inventory space tapers and construction timelines remain stretched.
By Sebastian Obando • Nov. 3, 2022 -
Fed meets as demand for workers stokes red-hot labor market
Although manufacturing flagged in October, robust demand for workers suggests that the economy has not begun to slow enough to meet the Federal Reserve’s 2% inflation goal.
By Jim Tyson • Nov. 2, 2022 -
Top 10 causes of construction claims
Firms need to turn to technology to help avoid issues like scope changes and incomplete design, according to a new report.
By Sebastian Obando • Nov. 2, 2022 -
Project Wins
McCarthy wins $70M CMAR contract for Kansas wastewater project
The St. Louis-based contractor expects to complete the work in 2026.
By Matthew Thibault • Nov. 2, 2022 -
Investment in structures tumbles in Q3
Real nonresidential investment posted its steepest decline since the second quarter of 2020, even as the U.S. economy expands, according to an Associated Builders and Contractors report.
By Sebastian Obando • Nov. 1, 2022 -
4 major California employment law changes for 2023
Major themes include compensation and leave, but employers also will need to note legislation that adds new retaliation protections, attorneys said.
By Jen A. Miller • Nov. 1, 2022 -
Skanska profits dip as backlog rises
Amid economic uncertainties, CEO Anders Danielsson said commercial construction work and bookings remain strong.
By Zachary Phillips • Oct. 31, 2022 -
NYC law targets construction sites as part of new rat abatement program
The New York City Council passed the Rat Action Plan Thursday to help address the Big Apple’s notorious rodent problems.
By Sebastian Obando • Oct. 28, 2022 -
BP and Hertz to build EV fast-charging stations across the US
Ride-hailing drivers, Hertz car renters and the public will be able to charge up at hundreds of locations in the U.S.
By Dan Zukowski • Oct. 27, 2022 -
Top takeaways from Construction Inclusion Week
Construction Dive rounds up its coverage of the industry’s grassroots effort to stamp out hate and racism on jobsites nationwide.
By Construction Dive Staff • Oct. 27, 2022