Mon.Aug 19, 2024

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As the Market Begins to Stabilize, Investor Home Purchases Are Back Up

The Pro Builder

Investor activity in the U.S. housing market is stabilizing after several years of fluctuations. In Q2 2024, investor purchases of homes rose by 3.4% year-over-year, marking the largest increase since Q2 2022. According to real estate data tracker Redfin, investors bought $43 billion worth of homes during this period, marking the biggest gain in two years.

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Clippers’ $2B Intuit Dome opens doors

Construction Dive

The NBA arena built by an AECOM Hunt-Turner joint venture in Inglewood, California, hosted its inaugural concert this month, although with some technical difficulties.

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WSP Transportation Management Center Operations Underway for NYSDOT Region 11

Civil + Structural Engineer

For more than three decades, The New York State Department of Transportation has had an established partnership with WSP for transportation management services. NEW YORK — Under contract with New York State Department of Transportation (NYSDOT), WSP recently began operating the state’s Region 11 Transportation Management Center (TMC), which monitors conditions on state-owned roadways in the Bronx, Queens, Kings, New York and Richmond counties.

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Abandonments, delays ease due to anticipated interest rate cut

Construction Dive

Developers are taking a wait-and-see approach to projects, expecting that conditions are about to improve, according to economist Michael Guckes.

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Expert Guide to Making the Best Construction ERP Decision for Your Firm

Choosing the right ERP system is a pivotal decision for any construction company. Our buyer’s guide is crafted to provide leaders with the essential knowledge needed to make informed choices. This guide delves into the critical aspects of selecting a construction ERP, including making the right decision, building internal support, and identifying the best software for your organization.

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HNTB celebrates completion of SunRail commuter rail program with Florida Department of Transportation

Civil + Structural Engineer

Firm provided services over three phases of Central Florida’s first commuter rail system LAKE MARY, Fla. – HNTB joins the Florida Department of Transportation in celebrating the completion of the SunRail program , a 61-mile commuter rail project serving the Greater Orlando area from Poinciana to DeLand. HNTB provided preliminary design and construction engineering inspection (CEI) in all three phases of the program starting in 2011.

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Fixing the pain gap

Construction Dive

Learn how employers can boost construction workforce well-being through holistically addressing chronic pain.

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Housing Market Shifts to Neutral as Buyers and Sellers Remain at a Standstill

The Pro Builder

The housing market is moving into a neutral position, offering a more balanced environment for both buyers and sellers. According to a report from real estate marketing platform Zillow, July 2024 marked the first time the housing market has been in a neutral position since December 2023. This is due to a recent slowdown in competition causing homes to sit on the market for longer.

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Digital joint checks: Reduced risk by paying the right people at the right time

Construction Dive

Digitize entire payment workflows to enable a faster, smoother exchange of paperwork and create new industry opportunities.

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AtkinsRĂ©alis appointed to complete design for ÂŁ185M East Airdrie Link Road in Scotland

New Civil Engineer

North Lanarkshire Council has appointed AtkinsRĂ©alis to complete the Stage 3 design of the ÂŁ185M East Airdrie Link Road. The post AtkinsRĂ©alis appointed to complete design for ÂŁ185M East Airdrie Link Road in Scotland appeared first on New Civil Engineer.

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The Ultimate Checklist for Choosing the Right Construction Management Software

Managing construction projects in disparate systems and spreadsheets is difficult due to numerous moving parts and diverse stakeholder needs. A dynamic, intuitive software solution is essential for everyone involved—owners, designers, engineers, Construction Managers, and General Contractors. Companies need a secure, centralized system to manage documents, scheduling, financials, and more.

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Gilbane taps Philly-area vet as preconstruction exec

Construction Dive

Anthony Armento, who spent 17 years at New Jersey-based Torcon, will manage day-to-day preconstruction efforts in the company’s Philadelphia office.

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Mid Devon District Council disappointed at government’s decision to withdraw funding for two new stations

New Civil Engineer

Mid Devon District Council has expressed its disappointment at the government’s recent decision to withdraw funding for the reopening of two new train stations that were due to be funded under the Restoring Your Railway fund. The post Mid Devon District Council disappointed at government’s decision to withdraw funding for two new stations appeared first on New Civil Engineer.

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Country’s largest apartment owner expands into infrastructure development

Construction Dive

Construction industry news, trends and jobs for building professionals who want mobile-friendly content.

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SAMI: Raising the sustainability standard

Roads Online

SAMI, John Holland and State Asphalts NSW worked together to reach a sustainable outcome for major construction works. Image: State Asphalts. SAMI Bitumen Technologies and State Asphalts NSW are supporting John Holland to trial a new sustainable asphalt on a major project in south-west Sydney. We speak to representatives from all three on how this project could be used as the new standard for sustainable material use.

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Sustainable Construction: Practical Strategies for Reducing Material Waste

In the construction industry, efficient material management and waste reduction are essential for both environmental sustainability and economic success. This detailed eBook provides an in-depth look at methods to cut waste and boost material efficiency. Topics covered include sustainable design principles, utilizing BIM for waste minimization, precise estimating and ordering, and effective storage and handling of materials.

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Harnessing AI to revolutionize architectural design and creativity

BDC Network

Harnessing AI to revolutionize architectural design and creativity 0 qpurcell Mon, 08/19/2024 - 10:35 AEC Tech Architects are wondering if AI will replace us. For Vessel, the gains offset the fear. We believe there is wisdom in the unattributed quote, “You won’t lose your job to AI. You will lose your job to someone using AI.” Peter Schwartz, AIA, NCARB, LEED AP, and Brian Van Winkle, AIA NCARB Designers Architects AEC Tech Architects are wondering if AI will replace us.

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New Sydney Metro City Line now open

Roads Online

Image courtesy of the New South Wales Government. The doors have officially opened on the $21.6 billion city section of the Sydney Metro project. The driverless section of the M1 Line includes an additional 15.5-kilometres of metro and has six new underground stations, including at North Sydney, Barangaroo and Martin Place, as well as new platforms at Central and Sydenham.

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Keltbray retrenches with infrastructure disposal

The Construction Index

Keltbray has sold its infrastructure business, Keltbray Infrastructure Services Limited (KISL), to EMK Capital, a London private equity outfit.

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Free Webinar: How to unleash digital transformation to drive growth

Roads Online

Image courtesy of CONQA. Material courtesy of CONQA Wednesday 28th Aug | 10am AEST/12pm NZST Join this live webinar with Infrastructure Division Manager, Sudeshan Mundali from CONQA as he shares how effective quality assurance processes lay a solid foundation for the future of growth in infrastructure. See how digitising quality assurance processes can help organisations to; Implement digital QA for sustainable outcomes Drive a culture of continuous improvement and collaboration Enhance stake

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The Art of Contingency Planning: Dealing with Unforeseen Costs

Contingency planning is a strategic plan to allocate resources, time, and money if “all hell breaks loose” on a project. It considers risk mitigation and planning for a worst-case scenario.  Contingency planning in construction is necessary. You're expected to throw in a percentage to cover a contingency plan in your estimates but is it enough? There is an art to this type of planning and, if project leaders aren’t careful, a contingency plan could cost the company a lot more than lapsed deadlin

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Neom omits to name companies recognised at social responsibility awards

New Civil Engineer

Neom, the Saudi Arabian government-led giga-project, has held an inaugural awards ceremony recognising its business partners’ “outstanding contributions” to social responsibility, but hasn't named them. The post Neom omits to name companies recognised at social responsibility awards appeared first on New Civil Engineer.

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How 5G Technology is Transforming Construction Site Connectivity and Operations

Construction Placements

How 5G Technology is Transforming Construction Site Connectivity and Operations 5G technology is set to revolutionize construction sites by enhancing connectivity, enabling advanced technologies like IoT, AR, and AI, and driving operational efficiency. Explore how this next-generation network is reshaping the industry, reducing downtime, and paving the way for smarter, safer construction practices.

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Bam Construction reports £31.4m loss 

Construction News

Bam Construction has reported a ÂŁ31.4m pre-tax loss after struggling with high inflation and supply chain insolvency. The contractor lost money on revenue of ÂŁ897.6m in the year to 31 December 2023 – representing a small reduction from the ÂŁ900.9m it turned over in 2022,… The post Bam Construction reports ÂŁ31.4m loss appeared first on Construction News.

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Tunnelling now underway on the North East Link

Roads Online

Image courtesy of the Victorian Government. Tunnelling has begun on the North East Link project in Victoria, with the first of two TBMs now digging the 6.5-kilometre tunnel between Watsonia and Bulleen. North East Link is the biggest ever investment in Melbourne’s north east. The 6.5 kilometre North East Link tunnels from Watsonia to Bulleen will take 15,000 trucks off local roads a day and reduce travel times by up to 35 minutes.

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Future-Proof Your Firm: Discover the Power of Next Gen Construction ERP

In the face of rising customer expectations and evolving industry standards, staying ahead in construction demands innovation. A Next Generation Construction ERP is designed to meet these challenges head-on. By integrating this advanced system into your tech stack, you empower your team with a single source of truth, enhancing decision-making and operational efficiency.

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Keltbray sells infrastructure services to private equity firm

Construction News

Keltbray has sold off its infrastructure services arm in a bid to refocus on the built-environment sector. The firm announced today (19 August) that it sold Keltbray Infrastructure Services Ltd (KISL) to private equity firm EMK Capital for an undisclosed amount. Keltbray said in a… The post Keltbray sells infrastructure services to private equity firm appeared first on Construction News.

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Iron and Bronze Age settlement found during early works at Highlands prison

New Civil Engineer

Prehistoric artefacts dating back to at least 3000 BC have been found during early works for a new prison in Inverness. The post Iron and Bronze Age settlement found during early works at Highlands prison appeared first on New Civil Engineer.

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HVAC Technician Job Description: Skills, Responsibilities, and Career Outlook

Construction Placements

HVAC Technician Job Description: Skills, Responsibilities, and Career Outlook Explore the essential job description of an HVAC technician, including key responsibilities, required skills, career opportunities, and global salary insights. The post HVAC Technician Job Description: Skills, Responsibilities, and Career Outlook appeared first on ConstructionPlacements.

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Network Rail unveils Aecom images of ÂŁ140M Darlington station regeneration

New Civil Engineer

Photo-realistic images of the revamped Darlington station made by Aecom have been revealed by Network Rail, offering a glimpse into the ÂŁ140M project due to be completed by 2025. The post Network Rail unveils Aecom images of ÂŁ140M Darlington station regeneration appeared first on New Civil Engineer.

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From Plan to Reality: Unlocking the Power of Aerial Imagery for AEC

Aerial imagery has emerged as a necessary tool for architecture, engineering, and construction firms seeking to improve pre-construction site analysis, make more informed planning decisions, and ensure all stakeholders have access to an accurate visualization of the site to keep the project moving forward. Download our guide and take a deeper look at how aerial imagery can be leveraged to drive project efficiency by reducing unnecessary site visits and providing the accurate details required to

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Asphalt carbon calculations simplified

The Construction Index

The Mineral Products Association has published the UK’s first environmental product declarations for asphalt.

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Network Rail assesses 19th century Blackheath tunnel for further repairs

New Civil Engineer

Network Rail is assessing what further work needs to be carried out at the Blackheath rail tunnel in south London after a 10-week shutdown. The post Network Rail assesses 19th century Blackheath tunnel for further repairs appeared first on New Civil Engineer.

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Bam Construction post ÂŁ31m loss

The Construction Index

Accounts filed by Bam Construction Limited show a pre-tax loss of £31.4m for the year to 31st December 2023.

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