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Commercial Construction Industry Trends: Reflecting on the Highs and Lows of 2018

HardHatChat

These were jobs that simply didn’t move forward after the bidding process because, even with multiple GCs submitting their best pricing, construction costs were higher than what was estimated on the client’s pro forma – an analysis that projects a project’s financial return. High: Remixing Retail.

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Water Street Tampa’s developer reveals details about this project’s public spaces

BD+C

When it’s completed, Water Street Tampa will include an estimated nine million sf of new commercial, residential, hospitality, cultural, entertainment, education and retail uses, totaling more than $3 billion in private investment.

Tampa 66
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Construction spending inches upward in April

BD+C

Census Bureau of the Department of Commerce announced today that construction spending during April 2013 was estimated at a seasonally adjusted annual rate of $860.8 percent above the revised March estimate of $857.7 percent above the April 2012 estimate of $825.1 billion, 0.4 The April figure is 4.3 billion, 4.5 billion, 4.5

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Five Reasons Why Off-site Modular Construction is the New Favorite

Construction Cost Estimating

An estimate is that the projected growth for the period 2018 to 2020 is by 4% every year. Such promising verticals can be associated with the resurgence in sectors such as education, offices, and retail. Experts project that the market has progressed by 26% between 2014 to 2017.

Site 52
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Construction put in place enjoyed healthy gains in 2014

BD+C

grew by 7% to just under $973 billion in 2014, according to estimates by FMI, the Raleigh, N.C.-based Driven by a recovering economy, increasing demand for multifamily housing, and a manufacturing sector buoyed by robust oil and gas drilling and production, construction put in place (CPIP) in the U.S. Body Image: read more.

Raleigh 40
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Low-Cost Fire Protection For New Home Building/Remodeling

Pro Builder

The Consumer Product Safety Commission (CPSC) estimates nearly 50 percent of all home electrical fires annually could be prevented with AFCIs. home improvement retailers. “Knowing you are living in a home that has the ability to prevent an electrical fire before it starts increases safety and affords peace of mind to consumers.”.

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Floor moisture barrier

GCP Applied Technologies

Choosing flooring Retail environments. Educational facilities. It is estimated that moisture-related flooring problems cause more than $1 billion annually in the U.S. Flooring for retail environments. Flooring for educational facilities. Early moisture mitigation planning. Moisture mitigation strategies.