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The residential housing market continued its remarkable ascension in March, according to a market report published this week by the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). The report indicates some more positive news for the industry in the face of several... View full entry
Just north of the SR-134 Freeway in Burbank, vertical construction is all but finished for the Warner Bros. Second Century expansion, and exterior finishes are climbing the hulking concrete buildings. — Urbanize Los Angeles
In August of last year, it was reported that the concrete frames of the Frank Gehry-designed project had risen. Now, as seen through new photos, the exterior finishes of the Warner Bros. Second Century expansion, which resembles staggered blocks, look to be reaching completion. The project is set... View full entry
The number of cranes in North America's major cities increased 4.74% from Q3 2021 to Q1 2022, recovering from the identical decrease from the previous Rider Levett Bucknall crane index report. — Construction Dive
Rider Levett Bucknall’s (RLB) index measured five cities with an increase in the number of cranes, six that yielded little change, and three that saw significant decreases, dropping by more than 20%. In total, North American cities added 22 cranes in the first quarter of 2022, in which more than... View full entry
A milestone development on the way to what is one of the most anticipated new openings of the year as the exteriors have been completed on SHoP’s award-winning 111 West 57th Street supertall tower in Midtown Manhattan. Once completed, the building will stand as the second-tallest... View full entry
Over one month since Russia launched a full-scale invasion of Ukraine, the impacts of the war on Europe’s construction sector are beginning to emerge. Since the military offensive began, a steady increase in European sanctions against Russia has curtailed material supplies across the continent... View full entry
A new report released today by the industry group Lumber Supply Research Group (LSRG) reveals a dramatically increased scarcity of lumber in the digital realm as demand for the sought-after material has skyrocketed within the last quarter, leading to significant price hikes and delays in... View full entry
The once-thriving construction industry in Ukraine has ground to a near halt as the nation shifts into battling an invasion by Russia. Before the incursion, which began Feb. 24, construction sites across the country were booming in many different sectors, according to Morgan Williams, president of the 200-member U.S.-Ukraine Business Council in Washington, D.C. — Construction Dive
Russia’s invasion has stymied Ukraine’s construction industry, which was surging under the country’s “Big Construction” program. The initiative was spearheaded by Ukrainian President Volodymyr Zelenskyy and aimed to rebuild and renovate infrastructure across the country. Construction... View full entry
2022 is speeding along, and with March quickly approaching, this means another Dodge Construction Network report has been released. In January, total construction starts increased 4% to a seasonally-adjusted annual rate of $923.4 billion. Nonresidential building starts increased 4% and nonbuilding... View full entry
Lumber prices have seen dramatic rises and falls during the COVID-19 pandemic. In May 2021, prices saw a 90% increase on the previous 12 months, adding an extra $36,000 onto the cost of constructing a new home in the United States. The record-high in May was followed a 40% decline in prices in... View full entry
A single house under construction in America today faces all kinds of problems, starting with a run on lumber, then bricklayers in demand, subcontractors with Covid, appliances on back order and plumbing fixtures out at sea. [...]
The home-building industry is having the most difficult time in decades meeting demand, the sum of many pandemic complications. But this moment reaches peak absurdity with garage doors.
— The New York Times
Architects have been active in calling to attention some of the extreme challenges put to them by the pandemic economy. Particularly, construction of new buildings has been affected by the cost and availability of lumber and other important building materials, which have risen by about 20% for... View full entry
Ports from coast to coast are eyeing improvement projects to help alleviate supply chain issues that have plagued businesses since the start of the COVID-19 pandemic. The focus on port projects in the recently enacted Infrastructure Investment and Jobs Act is part of an overall push from the Biden administration to help alleviate the clogged supply chain in the U.S — Construction Dive
As reported by Construction Dive, an additional $241 million in grants through the United States Maritime Administration Port Infrastructure Development Program (PIDP) will join the $17 billion being directed towards seaports. The additional funds will go toward 25 projects in 19 states. And... View full entry
Energiesprong (which translates to “energy jump”), a nonprofit that the Dutch government helped launch a decade ago, is coordinating a system of mass retrofits. “We thought, okay, let’s make home retrofits into a scalable solution,” says Christian Richter, who works in the organization’s market development team in Germany. — Fast Company
The Netherlands has pursued an aggressive agenda which has meant a spate of net-zero residential conversions. Now groups are looking for ways to apply lessons from the program outside the country in the hopes of matching increased demands with advancements that have produced certain types of... View full entry
A major milestone has taken place in the Michael Maltzan Architecture-led effort to replace Los Angeles’ iconic 6th Street Viaduct. Construction Drive is reporting that the falsework has been removed and the first of ten spans successfully installed on the $588 million project that will... View full entry
Exciting news in the museum world as the first site of the long-awaited Victoria & Albert Museum’s East extension has officially topped out as of this week. The new V&A East has been years in the making. After overcoming roadblocks which threatened its existence beginning with sharp public... View full entry
The Chartered Institute of Building (CIOB) has invited construction companies around the world to support a new charter committed to improving diversity within the global construction sector. The move comes amid multiple reports finding that female, BIPOC, and young employees are significantly... View full entry
