article thumbnail

Wages for Residential Building Workers Are on the Rise

Pro Builder

Wages for Residential Building Workers Are on the Rise. Average hourly earnings for residential building workers rose 6% year-over-year from $27.01 less than those in residential building, respectively. . Average hourly earnings for residential building workers have increased significantly since the COVID-19 pandemic recession.

article thumbnail

Adaptive reuse: 5 benefits of office-to-residential conversions

BD+C

Adaptive reuse: 5 benefits of office-to-residential conversions FitzGerald completed renovations on Millennium on LaSalle, a 14-story building in the heart of Chicago’s Loop. Originally built in 1902, the former office building now comprises 211 apartment units and marks LaSalle Street’s first complete office-to-residential conversion.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

As the Housing Market Weakens, Residential Wage Growth Is Slowing

Pro Builder

As the Housing Market Weakens, Residential Wage Growth Is Slowing ldeakins Tue, 04/11/2023 - 11:39 Average hourly earnings for residential building workers are slowing as the housing market enters into correction mode Average hourly earnings for residential building workers are rising, but at a slower pace as hiring cools in a weakening economy.

article thumbnail

Converting downtown office into multifamily residential: Let’s stop and think about this

BD+C

Converting downtown office into multifamily residential: Let’s stop and think about this 0 dbarista Tue, 07/11/2023 - 10:44 Multifamily Housing Is the office-to-residential conversion really what’s best for our downtowns from a cultural, urban, economic perspective? Or is this silver bullet really a poison pill?

article thumbnail

Wages for Residential Construction Workers Post Consecutive Gains

Pro Builder

Wages for Residential Construction Workers Post Consecutive Gains. Hourly residential building worker wages rose again in May after steady increases at the start of 2022, but will higher pay be enough to attract the next generation of skilled laborers? higher than transportation and warehousing’s, and 9.7% in May 2021 to $29.18

article thumbnail

RESIDENTIAL BUILDING SITE PLANNING

The Constructor

Site Selection for Residential Buildings Following are some of the important factors which should be considered while selecting site for any residence. There should be good transport facilities such as railway, bus service, for going to office, college, market, etc. Nearness of schools, hospitals, market, etc.

article thumbnail

3 important early considerations for office-to-residential conversions

BD+C

3 important early considerations for office-to-residential conversions 0 qpurcell Fri, 11/10/2023 - 09:42 Office Buildings Scott Campagna, PE, Senior Director of Housing, IMEG Corp, shares insights from experts on office-to-residential conversion issues that may be mitigated when dealt with early.