Thu.Sep 12, 2024

article thumbnail

Homeowners Continue to See Their Equity Grow

The Pro Builder

U.S. homeowners are continuing to see their equity grow. According to a recent Q2 2024 Home Equity Report from CoreLogic— an information services provider of financial, property, and consumer data—homeowners with mortgages experienced a total equity increase of $1.3 trillion, or about 8% year-over-year, in Q2 2024. This brings total homeowner equity to over $17.6 trillion.

130
130
article thumbnail

Planning activity jumps ahead of Fed meeting

Construction Dive

Owners and developers added more projects to the queue in August, expecting stronger market conditions next year, per Dodge Construction Network.

393
393
Insiders

Sign Up for our Newsletter

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

article thumbnail

She Built Ambassador Teaches Young Women About Careers in Construction

The Pro Builder

While women have not historically made up a majority of the construction workforce, Monica Wheaton, vice president of customer success, residential construction division for ECI Software Solutions, is hoping to change that. As an ambassador for the She Built Foundation, Wheaton recently collaborated with the Edmonds School District in Edmonds, Wash. to introduce young students to opportunities in the trades.

article thumbnail

RFPs open for Key Bridge construction oversight

Construction Dive

The Maryland Transportation Authority is seeking contractors to provide construction management and inspection services for three $20 million contracts.

article thumbnail

Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

article thumbnail

Stantec to help implement a Regional Water Reuse Program for Washington County, Utah

Civil + Structural Engineer

$1 billion system will consist of more than 30 projects to improve efficacy of local water supplies St. George, Utah — Stantec, a global leader in sustainable design and engineering, has been selected as the Owner’s Advisor for the Washington County Regional Reuse Purification System. In this role, Stantec will work with the Washington County Water Conservancy District, City of St.

article thumbnail

Consigli exec, once an intern, values new voices

Construction Dive

The contractor's New York director helped pioneer a new internship program with the city’s department of education.

347
347

More Trending

article thumbnail

Big-D exec takes the lead on business development

Construction Dive

Laura Shivers will help build comprehensive marketing campaigns for the Salt Lake City-based family of companies.

188
188
article thumbnail

How Feasible Is Adaptive Reuse on a Nationwide Scale?

The Pro Builder

The adaptive reuse of commercial office buildings into residential units has become an increasingly popular topic when looking at how to mitigate the ongoing housing shortage. However, with fewer than one in six office buildings being suitable for residential conversions, adaptive reuse isn't always a viable solution. According to Multi-Housing News, a number of challenges stand in the way of adaptive reuse projects, such as proper zoning, financing, and more.

Zoning 130
article thumbnail

INTERIOR INSTALLATION AT ATRIO IN BURBANK COMPLETED BY NADIA GELLER DESIGNS

Civil + Structural Engineer

Cityview and Clarion Partners’ 276-unit multifamily community receives a modern refresh for residents in the lively film studio neighborhood BURBANK, Calif., – Nadia Geller Designs (NGD), an award-winning interior design firm offering services across the real estate community, has completed the interior design installation at Atrio, a multifamily community in Burbank formerly known as Empire Landing.

article thumbnail

HS2 unable to confirm level boarding accessibility at £1.6bn Old Oak Common station

New Civil Engineer

High Speed 2 (HS2) Ltd cannot guarantee there will be level boarding for conventional rail and Elizabeth line services at its £1.67bn Old Oak Common station in west London, which accessibility campaigners have deemed “scandalous”. The post HS2 unable to confirm level boarding accessibility at £1.6bn Old Oak Common station appeared first on New Civil Engineer.

article thumbnail

Stay Ahead in 2024 with Proven Strategies for Success

The specialty contractor space is facing a transformative period, driven by labor shortages, rapid technological advancements, and increasing regulatory requirements. In 2024, contractors must navigate complex challenges like fragmented management systems and delays in payment. This guide offers a deep dive into the key disruptions reshaping the industry over the next 24 months, including digitization, sustainable practices, and modular construction.

article thumbnail

Charleston, S.C. –– RMF Engineering, a leader in full-service MEP engineering, today announced two new Electrical Project Managers, Betsy Turner, PE, and Justin Ziegler, PE, have joined its office in Charleston, South Carolina.

Civil + Structural Engineer

“Welcoming Betsy and Justin demonstrates our team’s commitment to the advancement and growth of our practice, enhancing our ability to provide the best support and resources to our clients. As our team in the Charleston office evolves, their addition underscores our foundational goal to pioneer engineering solutions that facilitate the merging of creativity and technical excellence,” says Beth Crutchfield, PE, LEED AP, Principal and Division Manager at RMF’s Charleston office.

article thumbnail

BIS Recruitment 2024 for Consultants | 97 Posts | 27-09-2024

Construction Placements

BIS Recruitment 2024 for Consultants | 97 Posts | 27-09-2024 BIS Recruitment 2024 for Consultants with 97 Posts vacancies, last date to apply for this job is 27-09-2024 The post BIS Recruitment 2024 for Consultants | 97 Posts | 27-09-2024 appeared first on ConstructionPlacements.

article thumbnail

Torsion student scheme clears planning

The Construction Index

Planning permissions has been granted for a £43.5m purpose-built student accommodation (PBSA) scheme on Kirkstall Road in Leeds.

122
122
article thumbnail

Maintenance Considerations in Highway Design

Civil Engineer Blog

The future maintenance of a facility cannot be overemphasized in highway project design. Projects which are difficult or costly to maintain, or those which require frequent maintenance activities, must be considered poorly designed. Different highway projects and different areas can be expected to have different maintenance considerations. Reduced or low maintenance designs with limited worker […] The post Maintenance Considerations in Highway Design first appeared on Civil Engineer Blog.

article thumbnail

Every Contractor Needs An Effective Website - Unlock the Key to Increased Leads

Grow Leads & Visibility! Contractors need more than word-of-mouth. A strong website boosts visibility, draws in leads, showcases skills, and enhances your credibility. Learn how a quality site, that is easy to manage, can set you apart from the competition, and help can take your construction business to the next level. Marketpath is a leading provider of high-quality website solutions tailored for contractors and the construction industry.

article thumbnail

Bam starts work at Treforest Campus

The Construction Index

Bam has formally broken ground to start construction of a £41m teaching block on the University of South Wales’s Treforest Campus in Pontypridd.

Contracts 112
article thumbnail

The Basics of Retainage

Rabbet

TL;DR: Retainage is the withholding of funds until a construction project is completed. It serves as a financial incentive for contractors to finish the project satisfactorily. Retainage is a controversial topic in construction loans but remains an effective insurance policy for project completion. It can cause cash flow problems and disputes, but these can be prevented with clear contractual terms and effective processes.

article thumbnail

Balfour Beatty lands £363m National Grid contract

The Construction Index

Balfour Beatty has signed a £363m contract with National Grid to deliver the Bramford to Twinstead reinforcement project.

Contracts 125
article thumbnail

Architect to submit ‘substantially different’ design for £1.5bn Liverpool Street redevelopment

New Civil Engineer

Architecture firm Herzog & de Meuron has revealed that it is putting together revised plans for the redevelopment of Liverpool Street station will be “substantially different” to the controversial scheme previously submitted. The post Architect to submit ‘substantially different’ design for £1.5bn Liverpool Street redevelopment appeared first on New Civil Engineer.

article thumbnail

Outdated ERP? Spot the Signs Before It Stalls Your Progress

Aging construction ERP systems can slow down productivity and put your business at risk. If you’re working with outdated software, you may be missing out on essential features and innovations like AI, AR, and enhanced reporting capabilities. This guide provides you with insights regarding when you need to upgrade and outlines what to look for in a new construction ERP system.

article thumbnail

Restoration work begins on Edinburgh’s Jenners building

The Construction Index

John Graham Construction has started work in Edinburgh converting an old department store into a hotel.

Contracts 125
article thumbnail

Offshore earthquake risk map to support energy developments in UK waters launched

New Civil Engineer

The British Geological Survey (BGS) has launched hazard mapping tools showing the risk of earthquakes in the UK’s exclusive economic zone (EEZ) to support offshore energy developments. The post Offshore earthquake risk map to support energy developments in UK waters launched appeared first on New Civil Engineer.

Mapping 115
article thumbnail

Video: Tour Cat’s new, largest compact track loader, the 285

Equipment World

Take a tour of the "XXL CTL," which features a 4,719-pound rated operating capacity, 13,920 pounds of tilt breakout force and a 146-inch lift height.

Lifts 95
article thumbnail

£18.3M Balgray station in East Renfrewshire given go ahead

New Civil Engineer

Construction of the new £18.3M Balgray station in Barrhead, East Renfrewshire, Scotland has been given the green light. The post £18.3M Balgray station in East Renfrewshire given go ahead appeared first on New Civil Engineer.

article thumbnail

The Ultimate Guide To Data-Driven Construction: Optimize Projects, Reduce Risks, & Boost Innovation

Speaker: Donna Laquidara-Carr, PhD, LEED AP, Industry Insights Research Director at Dodge Construction Network

In today’s construction market, owners, construction managers, and contractors must navigate increasing challenges, from cost management to project delays. Fortunately, digital tools now offer valuable insights to help mitigate these risks. However, the sheer volume of tools and the complexity of leveraging their data effectively can be daunting. That’s where data-driven construction comes in.

article thumbnail

Milestone bags Gloucestershire lighting contract

The Construction Index

Milestone Infrastructure has won a contract to maintain and deliver street lighting across Gloucestershire.

Contracts 115
article thumbnail

Heathrow appoints Kier for works to reduce noise impacts on surrounding neighbourhoods

New Civil Engineer

Kier has been appointed by Heathrow to deliver an eight-year scheme to mitigate noise impacts on neighbourhoods surrounding the airport. The post Heathrow appoints Kier for works to reduce noise impacts on surrounding neighbourhoods appeared first on New Civil Engineer.

article thumbnail

Kier construction boss promoted to group board

The Construction Index

Kier Construction managing director Stuart Togwell has been promoted to the group board.

article thumbnail

Viaduct victory for Western Sydney Airport

Roads Online

Image: transport.nsw.gov.au/ stock.adobe.com One section of the new 23-kilometre alignment at Western Sydney Airport has been completed, taking the metro railway over the Warragamba pipelines. The 3.5-kilometre viaduct structure between Orchard Hills and Luddenham will be a critical part of the alignment. Implemented to take metro services over key locations including the Warragamba pipelines, Blaxland Creek, and Luddenham Road.

Lifts 109
article thumbnail

12 Reasons Specialty Contractors Need a Construction-Specific Software Platform

As a specialty contractor, your success hinges on your ability to manage complex workflows, maintain cost control, and deliver projects on time. But are you still relying on outdated systems or multiple software packages that create data silos and inefficiencies? This comprehensive eBook reveals the 12 key reasons why investing in a construction-specific software platform is the game-changer your business needs.

article thumbnail

Profits up, debt down for Kier

The Construction Index

Kier Group has posted financial results showing solid growth and an improved financial position.

120
120
article thumbnail

Safety upgrades complete for busy Mitchell Highway intersection

Roads Online

Image courtesy of the New South Wales Government. Works on an intersection upgrade on the Mitchell Highway in New South Wales have now wrapped up, with traffic flowing for the thousands of motorists who use the connection daily. Works on the intersection, situated close to 20 kilometres east of Orange Crews have widened the highway near the intersection with Pretty Plains Road to provide a dedicated left turning lane for traffic turning into Pretty Plains Road.

article thumbnail

Galliford Try takes over Banwell Bypass

The Construction Index

North Somerset Council has found a new contractor to build its £90m Banwell bypass scheme.

Contracts 118
article thumbnail

Plans being drawn up to safely reopen Bradford Interchange bus station by January

New Civil Engineer

West Yorkshire Combined Authority (Wyca) has announced that it is working with engineers from Jacobs on plans to safely reopen Bradford Interchange bus station by January 2025. The post Plans being drawn up to safely reopen Bradford Interchange bus station by January appeared first on New Civil Engineer.

article thumbnail

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.