Archinect - News 2024-05-11T10:48:11-04:00 https://archinect.com/news/article/150416798/new-ai-resource-guide-details-tech-solutions-for-building-contractors New AI resource guide details tech solutions for building contractors Josh Niland 2024-02-15T20:36:00-05:00 >2024-03-15T01:45:58-04:00 <img src="https://archinect.gumlet.io/uploads/a1/a18497e1a9f06cf630d440c61dacf2c2.jpg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><p>The industry group <a href="https://archinect.com/news/tag/2138957/associated-builders-and-contractors" target="_blank">Associated Builders and Contractors</a> (ABC) has just published a <a href="https://www.abc.org/Technology/AI-Resource-Guide" target="_blank">new guide to AI resources</a> for contractors working closely with architects on building projects across the U.S.&nbsp;</p> <p>&ldquo;The possibilities of AI technology may sound endless, but we must first educate ourselves on the basics, and this resource is a starting point to understand AI and its potential impact on the construction industry,&rdquo; said ABC Director of Construction Technology and Innovation Patrick Scarpati, who authored the guide. &ldquo;The industry has immense opportunities to evaluate how we can better deliver projects, and we can lean on AI in achieving essential goals like upskilling, workforce development, knowledge transfer, supply chain optimization, enhanced safety design and planning and much more.&rdquo;</p> <p>Among the tools ABC says are supposed to make the building trade more efficient, safer, and productive are <a href="https://archinect.com/news/tag/4215/autodesk" target="_blank">Autodesk</a>&rsquo;s new Construction IQ risk analysis software, the Hypar building modeling program that let...</p> https://archinect.com/news/article/150374022/saudi-arabia-is-restarting-construction-on-record-setting-jeddah-tower Saudi Arabia is restarting construction on record-setting Jeddah Tower Josh Niland 2023-09-18T17:07:00-04:00 >2024-03-15T01:45:58-04:00 <img src="https://archinect.gumlet.io/uploads/b1/b12c05e5044f180f2d3998e42037ed4c.jpg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><em><p>Jeddah Economic Company (JEC) has restarted work on the world&rsquo;s tallest tower, the 1,000-metre-plus-tall Jeddah Tower project in Saudi Arabia. [...] The developer has invited contractors to bid by the end of this year for a contract to complete the record-breaking structure. Kingdom Holding Company CEO Talal Ibrahim Almaiman confirmed that the tender has been officially issued when contacted by MEED.</p></em><br /><br /><p>The <a href="https://archinect.com/news/tag/722553/jeddah-tower" target="_blank">Jeddah Tower project</a>, designed by <a href="https://archinect.com/firms/cover/51099/adrian-smith-gordon-gill-architecture" target="_blank">Adrian Smith + Gordon Gill Architecture</a>, first <a href="https://archinect.com/news/article/15559727/as-gg-designs-kingdom-tower-to-be-the-world-s-tallest-building" target="_blank">appeared on Archinect</a> in 2011 and&nbsp;is roughly <a href="https://archinect.com/news/article/150049160/jeddah-tower-construction-reaches-63rd-floor" target="_blank">one-third</a> of the way through the construction of its record-setting superstructure, <em>MEED</em> reports. Progress had been halted in January of 2018 over <a href="https://archinect.com/news/tag/1393265/labor-shortage" target="_blank">labor shortages</a> and was further delayed by the pandemic. The Saudi Binladin Group (or SBG), which originally managed the project, has since undergone a <a href="https://www.bloomberg.com/news/articles/2022-05-12/saudi-arabia-hires-rothschild-to-help-oversee-binladin-overhaul" target="_blank">debt restructuring</a> and will be replaced by one of 14 potential contractors hailing from Europe, China, Saudi Arabia, South Korea, Lebanon, and Kuwait.&nbsp;</p> <p>Architect Gordon Gill had told reporters for CNN to "Never say never" when <a href="https://archinect.com/news/article/150329500/new-as-gg-book-explores-design-process-behind-world-s-tallest-towers" target="_blank">asked last fall</a> whether or not construction would ever resume.</p> <figure><p><a href="https://archinect.gumlet.io/uploads/6a/6a2748829924422312a8cd6ae01ebe78.jpg?auto=compress%2Cformat&amp;w=1028" target="_blank"><img src="https://archinect.gumlet.io/uploads/6a/6a2748829924422312a8cd6ae01ebe78.jpg?auto=compress%2Cformat&amp;w=514"></a></p><figcaption>Previously on Archinect: <a href="https://archinect.com/news/article/150049160/jeddah-tower-construction-reaches-63rd-floor" target="_blank">Jeddah Tower construction reaches 63rd floor</a></figcaption></figure><p>Once completed, the tower will stand slightly over 1 kilometer (3,280 feet) in total height, though the exact figure is said to be kept secret. The megatall tower is currently projected to add $12.5 billion US...</p> https://archinect.com/news/article/150360071/leveling-construction-material-costs-and-supply-chain-relief-may-signal-inflation-cooling-new-report-finds Leveling construction material costs and supply chain relief may signal inflation cooling, new report finds Katherine Guimapang 2023-08-14T16:55:00-04:00 >2024-03-15T01:45:58-04:00 <img src="https://archinect.gumlet.io/uploads/26/26eae0d14a513d025b60bdf0d288134d.jpeg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><p>The latest Associated Builders and Contractors (ABC) <a href="https://www.abc.org/News-Media/News-Releases/entryid/20064/abc-monthly-construction-input-prices-unchanged-in-july" target="_blank">analysis</a> of&nbsp;U.S. Bureau of Labor Statistics Producer Price Index data&nbsp;indicates that increasingly stable&nbsp;construction materials prices and&nbsp;recent supply chain improvements over the past few months may signal "positive economic outcomes" within the United States, <em><a href="https://www.constructiondive.com/news/construction-materials-prices-unchanged-signaling-stable-costs-ahead/690697/" target="_blank">Construction Dive</a></em> reports.<br></p> <p>"Goods prices continue to stagnate in the context of improved supply chains and a sluggish global economy,"&nbsp;ABC Chief Economist Anirban Basu explained in the analysis. "It has been the improvement of supply chains that best explains recent positive economic outcomes in the U.S. economy. As supply chains have normalized, unmet demand has been more readily satisfied. That has propelled transactional volume and economic growth."<br></p> <figure><p><a href="https://archinect.gumlet.io/uploads/ce/ce82f75abc55d0aec032db3de5a0aa33.jpg?auto=compress%2Cformat&amp;w=1028" target="_blank"><img src="https://archinect.gumlet.io/uploads/ce/ce82f75abc55d0aec032db3de5a0aa33.jpg?auto=compress%2Cformat&amp;w=514"></a></p><figcaption>Image source: U.S. Bureau of Labor Statistics via the ABC (Aug 2023).</figcaption></figure><p>"At the same time," Basu continued, "the improved supply chain has helped push prices lower, contributing to the disinflation observable both in yesterday&rsquo;...</p>