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The latest Associated Builders and Contractors (ABC) analysis of U.S. Bureau of Labor Statistics Producer Price Index data indicates that increasingly stable construction materials prices and recent supply chain improvements over the past few months may signal "positive... View full entry
A new report from Turner Construction Company highlights an unexpected trend that has taken shape in recent months: lower construction costs for non-residential projects. According to Turner's quarterly Building Cost Index, construction costs decreased during the second quarter of 2020 by 1.01%... View full entry
The state of Hawaii's Department of Accounting and General Services (DAGS) has issued a Request for Qualifications for contractors interested in bidding on the first phase of the New Aloha Stadium Entertainment District in Honolulu. The first five years of work will include a replacement stadium and ancillary commercial mixed-use development and will be delivered through a public-private partnership (P3). — Construction Dive
According to Construction Dive, Phase 1A of the project will include the demolition of the current 50,000-seat stadium; design, construction, financing and maintenance of a new 35,000-seat stadium, due to open August 2023. The work will also include necessary infrastructure, including... View full entry
The No. 1 business issue for home builders, remodelers, and land developers continues to be access to skilled labor. According to NAHB analysis of Bureau of Labor Statistics (BLS) data, as of April of this year there were 404,000 open construction sector positions. Not only is this level of unfilled jobs in the construction industry at a post–Great Recession high, the current estimate is the highest ever reading for this data series, which runs back two decades. — Builder
According to Builder, "the intensity of the labor shortage among builders grew more intense during 2018 and 2019." The challenges of this shortage on the construction industry bring higher costs, delays, and lower output on projects. Economist, Robert Dietz, Ph.D. suggests that, "Wage growth... View full entry
Funding in US-based construction tech startups totals just $196.5 million across 44 deals halfway through 2019.
Still, $192.6 million across 44 deals is still significantly lower than the $1.274 billion raised by US-based construction startups in the first half of 2018.
— news.crunchbase.com
The bustling world of construction technology start-ups is off to a slow start in 2019, as mid-year funding statistics point to a marked drop in investment for these insurgent companies over 2018's blockbuster year, Crunchbase reports. Whether or not 2018's record investment, including Katerra's... View full entry
One of the most vexing features was the doorways, which Apple wanted to be perfectly flat, with no threshold. The construction team pushed back, but Apple held firm. The rationale? If engineers had to adjust their gait while entering the building, they risked distraction from their work, according to a former construction manager.
“We spent months trying not to do that because that’s time, money and stuff that’s never been done before,” the former construction manager said.
— Reuters
Although detail-obsessed architects can often find working with broad-strokes contractors to be challenging, there's one group of designers with perhaps even more rigorous attention to detail: the team at Apple. According to this article in Reuters, the actual building of the "spaceship" Apple... View full entry
