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25 Innovative Solutions to the Housing Affordability Crisis qpurcell Wed, 02/28/2024 - 12:32 Nonprofit organization Ivory Innovations has announced the Top 25 Finalists for the 2024 Ivory Prize for Housing Affordability. zoning codes; and PermitFlow , a permit software that streamlines and digitizes the permitting process.
The Link Between Land-Use Reforms and Housing Development ibush Mon, 01/08/2024 - 15:31 Minneapolis has managed to increase housing supply while keeping rents in check. New land-use regulations and policies to encourage housing construction In 2019, the city of Minneapolis took the bold step of eliminating single-family zoning.
It will allow local governments to develop their own housing plans, with incentives to build places to live for older people and for people with disabilities. Read more Affordability Zoning Housing Policy + Finance Housing Policy + Finance It would also encourage development near rail stations, particularly those close to New York.
Many projects will also include building sidewalks, bridges, bike lanes and trails – whatever is required to provide access to critical services. Construction will begin after all necessary permits are secured, but that will likely be sometime in late 2025. Forty-one states and Washington, D.C.,
The US construction industry started 2024 on a positive note. The US Construction Outlook for 2024 Original Source: THE 2024 US CONSTRUCTION OUTLOOK: TORRID OR TEPID? The US construction industry started 2024 strong in all main sectors. However, residential and certain nonresidential categories may change by 2024.
The Northeast and Midwest regions have reported positive rent growth in the second half of 2024. Conversely, some markets are experiencing significant declines in construction volume, such as Charlotte, where multifamily construction dropped 47% year-over-year by the end of Q2 2024. per square foot.
4 ways AI impacts building design beyond dramatic imagery 0 qpurcell Thu, 10/03/2024 - 07:52 AEC Tech Kristen Forward, Design Technology Futures Leader, NBBJ, shows four ways the firm is using AI to generate value for its clients. The ability to forecast building performance in real-time during the design process is a game-changer.
According to the Turkish Statistical Institute , construction permits rose by 12% in 2024, reflecting strong sectoral confidence. Additionally, tax exemptions for large-scale projects and simplified permit processes, outlined by the Investment Office of Turkey, make it easier for UK firms to enter the market.
The Delta Conveyance Project is a $20 billion California water utility construction project in development and permitting. The Delta Conveyance Project (DCP) would build 45 mi (72km) of concrete tunnels beneath a regional river delta between Sacramento and San Francisco to construct and modernize water transmission infrastructure.
4 ways to transform old buildings into modern assets 0 qpurcell Thu, 06/13/2024 - 09:33 Adaptive Reuse As cities grow, their office inventories remain largely stagnant. According to research by real estate services firm JLL, renewing an existing building can increase its market rate by 120%. Enter: “Midlife Metamorphosis.”
Image Source: Courtesy of Neubek Photographers Also on day two, keynote speaker, Ken Simonson, chief economist of the Associated General Contractors of America, shared his Construction Outlook for 2024. METALCON 2024 takes place in Atlanta from Oct. Quality and Product Development Manager, Drelis Crossley of Steel Dynamics, Inc.,
The goal of the Build America, Buy America Act (BABAA), which was adopted as part of the Infrastructure Investment and Jobs Act in 2021, is to increase the federal government’s procurement of domestic goods and services. The Census Bureau said Tuesday that housing starts, a gauge of new home building, exceeded estimates by 0.1%.
Key areas include zoning issues, development applications, and potential legal challenges. Zoning and Rezoning Process The first hurdle in the Paradise Palms redevelopment involves zoning regulations set by the Cairns Regional Council. The targeted start is set for late 2024, pending any final regulatory checks.
In today’s news, we will look into the areas of Burlington where there are unoccupied buildings, and the city is clearing away homeless encampments. Over and above that, after being enticed by the green incentives offered in the United States, Volkswagen decides to build its battery plant in Canada. The building is private. “If
It was just a couple of years ago that New Hampshire updated its State Building Code to the 2018 versions of the International Building Code, International Residential Code and other related ICC codes governing construction. Applications are due September 30, 2024. HUD’s application deadline is October 15, 2024.
In 2022, the average building costs of wind turbines and solar generators rose 1.7% US Wind requested a Letter of Authorization from NOAA in January 2024 to cover any negative affects to small numbers of marine mammals during construction, starting NOAA’s wildlife research. Single-family home construction permits rose 0.3%
Meanwhile, West Virginia challenged a lower court’s verdict that temporarily stopped the building of a controversial natural gas pipeline despite a congressional directive. Near the Woodman Drive flyover construction zone, the crash was reported at 4 a.m. You have to be very aware in these zones. Matthew Sturgeon.
In addition, the town of East Hartford would had to approve a $45 million & tax incremental financing; agreement to build a 1,000-space parking garage that would be hidden behind a structure to buffer it from the river. Port Eastside LLC paid $4 million for a low-rise office building on 7.3
These LID systems also improve stormwater quality by providing vegetated filter and filtration zones that clean the water removing floatables, pollutants, and nutrients from the stormwater runoff. State transportation departments are now promoting design/build approaches to rehabilitating and replacing bridges because of delivery speed.
This is the lowest position since July 2024. Permits for future single-family dwelling construction decreased by 2.0%, reaching 978,000 units. The housing sector is facing economic challenges, including rising material costs and trade policies, resulting in the lowest level since July 2024. March 2025 had a 14.2%
March 31, 2025 /PRNewswire/ — X-Energy Reactor Company, LLC (“X-energy”) and Dow (NYSE: DOW) announced that they have applied for a construction permit from the Nuclear Regulatory Commission (“NRC”) for a proposed advanced nuclear facility near Seadrift, Texas. and ROCKVILLE, Md., 64 between the Melvin R.
7 key predictions for the 2024 multifamily rental housing market 2024 will be the strongest year for new apartment construction in decades, says Apartment List's chief economist. As we head into 2024, the question on everyone's mind is: Where is this wild ride headed next? 2 – Expect low single-digit rent growth in 2024.
ESG and Sustainable Building Practices The integration of Environmental Social Governance (ESG) assessment factors has become influential for commercial real estate market investment decisions. The market rewards buildings with sustainability attributes that deliver both energy savings and reduced environmental impacts over time.
In Fall 2024: Driver safety has improved with 33% of the roadway replaced. Under Construction (Updated November 2024) Route 123 from I-495 The NPS is continuing the North Parkway Rehabilitation Project. The northbound parkway’s roadway, curb, drainage, and masonry guard wall are being rebuilt through 2024. until Fall 2024.
AGC fears Trump’s tariffs will hurt building and the economy. China fell from first to third in 2024. If the cost of building something becomes uneconomical, it can lead to job closures or even work not starting. Simonson said AGC favors easing regulations on large government building projects.
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