Residential Building
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Landmark breaks ground on 1,286 beds near University of Southern California
The Standard at Los Angeles is the developer’s second student housing project in the city.
By Mary Salmonsen • March 7, 2024 -
Apartment starts fall 38%
Developers completed 538,000 multifamily units during January, a 53.7% YOY jump.
By Leslie Shaver • Feb. 27, 2024 -
Trendline
Modular construction's advantages, challenges come to the fore
Recent modular solutions offer commercial builders more benefits than ever for offsite projects, proponents say.
By Construction Dive staff -
Senators introduce bill to prevent use of algorithms to raise rent
If passed, the legislation would make rent coordination a violation of the Sherman Act.
By Mary Salmonsen • Feb. 9, 2024 -
Q&A
AP exec sees growth in office conversion market
Adolfson & Peterson’s Will Pender says the firm is seeing a record demand for projects that transform vacant workspaces into housing.
By Jennifer Goodman • Jan. 22, 2024 -
Sponsored by Levine Builders
Subsidized city and state projects present unique opportunity for New York M/WBE subcontractors
Despite a construction slowdown, city and state efforts increase opportunities for M/WBEs.
Jan. 22, 2024 -
New York’s Prompt Payment Act creates issues for contractors
Recent amendments that limit the amount of retainage an owner can hold could lead to an accounting nightmare for construction firms, a real estate attorney said.
By Sebastian Obando • Jan. 16, 2024 -
Apartment starts drop 33%
While multifamily developers struggle to get funding, single-family builders see a temporary resurgence.
By Leslie Shaver • Jan. 3, 2024 -
Tallest building in US proposed for Oklahoma
The skyscraper’s updated design aims for new heights, and is part of a bigger mixed-use development set to break ground in downtown Oklahoma City.
By Julie Strupp • Updated Jan. 24, 2024 -
Economic Reports
High interest rates knock construction starts to 10-month low
Following October’s staggering 32% drop, nonbuilding work fell another 2% in November, with the highway and bridge sector tumbling 8%, according to Dodge.
By Sebastian Obando • Dec. 21, 2023 -
US regulators flag commercial real estate as a leading risk in 2024
“Signs of stress emerged in 2023, and the market outlook is challenging” for commercial real estate, according to the Financial Stability Oversight Council.
By Jim Tyson • Dec. 21, 2023 -
Fire damages apartments at $1B development underway in Texas
An unoccupied multifamily building in the Sapphire Bay project in Rowlett, Texas, burned for over 24 hours Friday.
By Zachary Phillips • Dec. 19, 2023 -
Illinois court asked: Are defects covered by general liability insurance?
The ruling, passed down from the state’s supreme court, could affect which issues contractors choose to litigate with insurers across the country.
By Matthew Thibault • Dec. 18, 2023 -
Hunt Realty plans $5B downtown Dallas redevelopment
The proposed project will include a dozen new apartment buildings, a hotel, shops and offices next to the new convention center.
By Julie Strupp • Dec. 18, 2023 -
Denver-area construction site fire destroys 5 multifamily units
Aurora Fire Rescue is investigating the cause of the Thursday morning blaze.
By Zachary Phillips • Dec. 15, 2023 -
Minneapolis Fed sees pain in residential, commercial construction
A survey by the bank highlighted the divide between hard-hit private projects and booming industrial and infrastructure markets.
By Joe Bousquin • Dec. 11, 2023 -
Project Milestones
McCarthy breaks ground on $285M California student housing project
The development at UC Riverside will give community college students the experience of living on a four-year university campus.
By Matthew Thibault • Dec. 11, 2023 -
Megaprojects drive up demand for steel
Chip factories, battery plants and data centers require more steel than typical commercial construction, according to a new report.
By Sebastian Obando • Dec. 5, 2023 -
Florida bill would allow minors on roofing jobs
The legislation, which would permit teens 16 and older to work on roofing projects, also expands recruitment efforts in the trades.
By Zachary Phillips • Nov. 28, 2023 -
Deadline extended for construction site Holiday Lights contest
Enter by midnight Dec. 19 to show off your company’s holiday spirit in Construction Dive's annual competition.
By Matthew Thibault • Updated Dec. 15, 2023 -
Column // Help Wanted
Virginia Tech wins $450K grant for modular workforce development
A team focused on scaling offsite construction in Appalachia hopes it can rebuild both the workforce and affordable homes.
By Zachary Phillips • Nov. 27, 2023 -
ENC Construction starts work on $430M Illinois mixed-use project
Developer J. Jeffers & Co. committed to only hiring contractors and labor in the state of Illinois, according to local media reports.
By Matthew Thibault • Nov. 21, 2023 -
Sponsored by American Global
Insurance market update: Property coverage in South Florida
While many are quick to blame the macro trend of inflation for property insurance increases, there are actual events with consequences inherent to the Florida market, that should be credited for the recent developments.
By Max Lehman, Associate Broker American Global • Nov. 13, 2023 -
Project Wins
St. Louis contractor nabs Michigan student housing job
Brinkmann Constructors will build the $99 million Verve Ann Arbor near the University of Michigan.
By Jennifer Goodman • Nov. 10, 2023 -
8 tech tools to find, hire construction workers
From well-known names to emerging sites, there are a lot of online options to help contractors make the perfect hire.
By Matthew Thibault • Nov. 8, 2023 -
$3B in construction projects fuel downtown Detroit’s growth
Large developments, including Newlab at Michigan Central and the renovation of the Book Building skyscraper, were recently completed in the Motor City.
By Matthew Thibault • Nov. 7, 2023