Commercial real estate is a key driver to the success of the world’s premier cities. Jones Lang LaSalle, a global real estate investment firm, finds that Shanghai, London, New York and San Francisco are among the urban areas worldwide that demonstrate the combination of strong short term socio-economic and commercial real estate momentum…(Read More)
Frigid, stormy weather across much of the U.S. isn’t dashing the optimism of contractors. Even though some work has slowed a bit because of the extreme weather, contractors are more optimistic about 2014 than they have been in a long time, according to Stephen Sandherr, chief executive of Associated General Contractors of America…(Read More)
It’s all about pent-up demand. At the World of Concrete 2014 conference in Las Vegas, Ed Sullivan, chief economist at the cement trade association, predicted the construction industry will be helping drive growth in his sector in the next few years. “My forecast is based upon the loosening of credit availability, steady and…(Read More)
Reed Construction Data has encouraging economic news for the construction industry. In a company press release, Bernard Markstein, U.S. Chief Economist, Reed Construction Data, explained, “With an Expansion Index greater than 1 in 41 states plus the District of Columbia, the expected improvement in construction appears widespread across the country.” The December Expansion Index…(Read More)
DPR Construction, David Weekley Homes, and PCL Construction Enterprises have been named to Fortune’s esteemed list of ‘100 Best Places to Work.’ What separates these companies from others? The pay-it-forward mindset that helps local charities, business cards without job titles, and open floor plans have impressed employees. A number of energy companies…(Read More)
Punch lists are a basic tool used in the construction industry, and now Congress has one that’s been provided by the American Institute of Architects. AIA CEO Robert Ivy notes that the list of ‘unfinished business’ should help lawmakers focus on key issues, such as job creation and energy efficiency. “Congress left town in…(Read More)
The National Demolition Association’s new manual covers changes to hazardous waste materials and heavy equipment safety. The manual, recognized worldwide as the premier resource for work safety issues, is also more mobile-friendly. Demolition researchers have worked closely with the U.S. Occupational Safety and Health Administration (OSHA) in an effort to keep up…(Read More)
Environmentally friendly construction continues to create quite a buzz, but ‘going green’ has also led to misunderstandings and wasted resources. For example, automated systems that save energy and streamline operations don’t always provide properties with ‘smart’ improvements. One misconception: Smart technology only applies to new products. “Some of the smartest building products are not…(Read More)
Sure there are resolutions to eat healthier or save more money, but there are commitments you can make in 2014 to ensure your organization has a productive year. Have you considered building a stronger pool of skilled workers or keeping up with safety issues? http://blog.modspace.com/2014/01/07/new-years-resolutions…(Read More)
It’s time to take a closer look at the workplace demand for construction workers. What are the employment rates, salaries, and experience between construction careers and popular post-college jobs? You’ll see in this infographic that cost estimators and construction managers with college degrees earn decent salaries. But how important is a college…(Read More)
