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Ultimately, removing containers from the circular economy by retrofitting them into usable spaces could put a strain on the industry and result in the need to use more iron ore, causing even more harm to the environment.
Even as the tiny house movement continues to gain popularity and shipping containers are beloved both for their aesthetic appeal and supposed sustainability, it’s worth asking if they’re the right material for this purpose.
— Fast Company
While shipping containers do generally keep project costs down owing to labor hours saved, the fit-out of their interiors can add between $20,000 and $150,000 to each construction. Materials such as spray-on foam insulation used in making a container design habitable are rarely among the... View full entry
Turner and Townsend’s latest annual International Construction Market Survey names disruptions in the global supply chain, triggered in part by lockdowns in China due to COVID-19, and rising commodity costs following the invasion of Ukraine as key stress factors for construction markets... View full entry
Tokyo ranks as the most expensive city to build in the world, driven by the extensive pipeline of real estate and infrastructure projects pushing up demand for construction resources, according to the report. Following Tokyo are Hong Kong, San Francisco and New York. Boston and Los Angeles rank seventh and ninth, respectively, as both of these markets generally have high labor costs for construction. — Construction Dive
According to Turner and Townsend’s 2021 International Construction Market Survey, the top 10 most expensive cities to build, in order, are: TokyoHong KongSan FranciscoNew York CityGenevaZurichBostonLondonLos AngelesMacau With increased activity levels in construction markets in 2021 as the... View full entry
A new report details how construction costs have changed across 12 U.S. cities since the coronavirus pandemic began. Broken down by market, all of the U.S. cities in the Rider Levett Bucknall report saw at least small gains, except for Chicago, which experienced a 1.29% decrease in comparative costs from October 2019 to October 2020. — Construction Dive
According to Construction Dive, the new report by construction consultancy firm Rider Levett Bucknall signals a 2.03% increase of the national average for construction costs. The survey tracks the RLB Comparative Cost Index for major cities across the United States and found the biggest cost... View full entry
The latest International Construction Cost Index has just been released, and the top spots don't really come as a big surprise: London, New York, Hong Kong, Geneva, and San Francisco are the planet's most expensive cities for construction. Compiled by design and consultancy organization Arcadis... View full entry
The budget committee of Germany’s lower house of parliament yesterday approved additional funding for Berlin’s planned Museum of the 20th Century, designed by the Swiss architecture firm Herzog & de Meuron, after estimates for the construction costs spiralled to €364m from €200m. — The Art Newspaper
According to The Art Newspaper, the new Herzog & de Meuron-designed museum in Berlin's central Kulturforum arts district is needed because "the Neue Nationalgalerie can only display about a quarter of Berlin’s vast stores of 20th-century art at any given time." Current situation at the planned... View full entry
The cost of Stan Kroenke's stadium in Inglewood is climbing [...].
Owners approved raising the debt waiver to $4.963 billion for the first phase of the project, which includes the football stadium where the Rams and Chargers will play, the neighboring 6,000-seat performance venue, the 200,000 square feet of office space for NFL Media, the parking lots surrounding the stadium, and the cost of the entire 300-acre parcel.
— Los Angeles Times
The price tag for the stadium itself was originally estimated at $2.6 billion but is now closer to $3 billion — eye-wateringly higher than the most expensive NFL venues to date: MetLife Stadium, the shared home of the New York Giants and Jets, and the Atlanta Falcons' Mercedes-Benz Stadium... View full entry
Documents that Macedonia's Special Prosecution, SJO, seized on Tuesday with a court order from the Culture Ministry refer to a million-euros-worth tender to build the Museum of VMRO and Macedonian Struggle for Independence...The SJO [...] says it will reveal the start of two new investigations. If one refers to "Skopje 2014", it will be the first-ever serious criminal investigation into this costly project which, according to BIRN’s database, has cost 667 million euros already. — Balkan Insight
Balkan Insight reports that the hefty €667 million+ price tag (approx. $730 million+) of the grandiose revamp “was mainly due to the signing of 123 contracts with firms and individuals for its construction, many of which were annexes to the original contract.”Balkan Investigative Reporting... View full entry
“Downton Abbey is just down the road from us," Mockler-Barret said. “And we’re so jealous of Lord and Lady Carnarvon. Although they won’t tell us how much they’ve made from 'Downton Abbey,' I think they’ve done quite well out of it.”
But that’s the fairytale. The residents of Milton Manor will be happy if they can just patch up their inheritance and avoid the humiliation and disgrace of losing the ancestral seat after 250 years of family ownership.
— marketplace.org
Related stories in the Archinect news:Meet the preservationist trying to revolutionize historic house museumsRowan Moore on the seemingly erratic decision-making in historic preservationBrutalism's struggle to stay relevant: a few more buildings we lost in 2015 View full entry
A shortage of US curtain walling makers caused by the 2008 crash is so severe that it is halting projects and has even forced one developer to open its own factory. [...]
As a result the price for curtain walling systems has risen between 35% and 45% in the past 18 months, and lead times have increased dramatically [...]
In New York, the availability of cladding systems has become the single main determinant of programme and schedule.
— globalconstructionreview.com
The government hopes to cap the cost of building the main stadium for the 2020 Tokyo Olympics at ¥155 billion, much lower than the ¥252 billion projected under a recently scrapped plan [...].
The government intends to make sure that the stadium will be built by April 2020. But given the International Olympic Committee’s request that the venue be built by January of that year, it plans to ask a yet-to-be-named contractor to propose shortening its construction schedule, the sources said.
— japantimes.co.jp
Read more about the troubled New National Stadium Tokyo in the Archinect news:Not over yet: Zaha Hadid releases 23-minute film pushing for Tokyo Olympic StadiumAre uncompetitive Japanese contractors to blame for Zaha's New National Stadium budget blowout?Zaha Hadid reportedly not giving up on... View full entry
As Los Angeles moves closer to bidding for the 2024 Summer Olympics, officials said they can host the massive 17-day sporting event for $4.1 billion and offered to guarantee that the city will cover any cost overruns. [...]
Garcetti and his team have proposed to spend $500 million less than what Boston had planned and expect to finish with a $150-million surplus by generating billions in broadcast and sponsorship revenue.
— latimes.com
Related Olympic news on Archinect:Will Rio's Olympic venues be ready in time for the 2016 Games?Boston backs out of 2024 Olympics bidToronto ventures into sixth bid to host Olympic GamesZaha's Tokyo Olympic Stadium cancelled – Abe calls for a redesign from scratch View full entry
The architecture and engineering teams fought to keep up. As the terminal ballooned from 200,000 to 340,000 square meters (dwarfing Frankfurt’s 240,000 and just shy of Heathrow Terminal 5’s 353,000), they parceled out the work to seven contractors. That soon grew to 35, and they brought in hundreds of subcontractors, says Delius. [...]
At the very moment Merkel and her allies are hectoring the Greeks about their profligacy, the airport’s cost, borne by taxpayers, has tripled to €5.4 billion.
— bloomberg.com
World-famous architect Tadao Ando was astonished to learn that the design he chose for the new National Stadium would cost ¥252 billion to build, he said at a press conference Thursday, where he spoke for the first time since the swelling cost became an issue. — The Japan News
According to Reuters, the massive ballooning in the construction costs of Zaha Hadid's relatively unpopular proposed design for Japan's National Stadium are not the fault of the chairman of the design committee, Tadao Ando: "Soaring construction and labor costs, along with a rise in Japan's... View full entry
[...] has ordered a review of the procurement process for London’s garden bridge design after the Architects’ Journal revealed apparent irregularities in the tendering process. [...]
Heatherwick’s £173,000 fee was more than three times more expensive than the £49,939 offer by Wilkinson Eyre, and more than 11 times that of the £15,125 offer by Marks Barfield.
[...] cost of the project could fund 30 new London parks or 30 times the amount of open space the bridge would provide.
— theguardian.com
Previously View full entry