Wed.May 22, 2024

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10 Luxury Housing Markets Where Prices Continue to Soar

The Pro Builder

10 Luxury Housing Markets Where Prices Continue to Soar csweeney Wed, 05/22/2024 - 10:14 US Cities that have a high appeal for retirees see significant price increases The past several years have seen price increases across the entire U.S. housing market. And in luxury markets, this trend is no different. But while those elevated prices came back down or plateaued in many markets, luxury price growth in some cities has continued.

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Commerce Department wants more women in construction

Construction Dive

To capitalize on the CHIPS and Science Act and other federal funding, the agency has called on the industry to invest in equitable hiring practices and supportive services.

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Flash over substance

Civil + Structural Engineer

By Jeremy Clarke , Director, Executive Search & Recruitment, Zweig Group From The Zweig Letter Focus your firm’s retention strategy on offering meaningful benefits that are in alignment with core human needs. Here’s a quote to help provoke some mental stimulation: “People want to want more than they want to have, and so the shallow satisfaction of having is always replaced by more wanting.

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Safety, teamwork shape former mason’s career

Construction Dive

During the span of her work in construction, Jessica Gerlach progressed from pouring cement to heading safety initiatives at Minneapolis-area contractor McGough.

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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.

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Build-to-Rent Housing Starts Pick Up During Q1 2024

The Pro Builder

Build-to-Rent Housing Starts Pick Up During Q1 2024 csweeney Wed, 05/22/2024 - 12:27 Build-to-rent inventory increases while affordability challenges persist in the for-sale market While Americans continue to face a housing affordability crisis, the construction of single-family build-to-rent (SFB2R) homes is on the rise. During Q1 2024 there were approximately 18,000 SFB2R starts, according to National Association of Home Builders’ Eye On Housing blog, which cites data from the U.S.

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Turner goes all in on EV tech for carbon reduction

Construction Dive

The New York City-based contractor has committed to making its vehicle fleet electric by 2028 while piloting low-emission equipment on various projects.

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More Trending

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Walsh-Herzog JV completes $650M Indiana rail expansion

Construction Dive

The two-phase, double-track project improves safety for riders and reduces travel times between Michigan City, Indiana, and Chicago.

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Built-to-Rent Housing Starts Pick Up During Q1 2024

The Pro Builder

Built-to-Rent Housing Starts Pick Up During Q1 2024 csweeney Wed, 05/22/2024 - 12:27 Built-to-rent inventory increases while affordability challenges persist in the for-sale market While Americans continue to face a housing affordability crisis, the construction of single-family build-to-rent (SFB2R) homes is on the rise. During Q1 2024 there were approximately 18,000 SFB2R starts, according to National Association of Home Builders’ Eye On Housing blog, which cites data from the U.S.

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Scammers siphon $25M from engineering firm Arup via AI deepfake ‘CFO’

Construction Dive

Cybercriminals used AI-generated video to pose as the AEC company's CFO and other employees, leading a staff member to transfer $25 million to Hong Kong bank accounts.

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CPS: No Grenfell charges likely before end of 2026

Construction News

Firms under police investigation over the construction of Grenfell Tower are unlikely to find out if they face charges before the end of 2026, according to official prosecutors. The Metropolitan Police expects to receive the Grenfell Inquiry’s phase two report later this year. It will… The post CPS: No Grenfell charges likely before end of 2026 appeared first on Construction News.

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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.

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Tutor Perini cleared for $229M Florida terminal connectors job

Construction Dive

The Los Angeles-based firm’s contract came in about $30 million below initial cost estimates for the project at Fort Lauderdale-Hollywood International.

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Sisk confirms £300m Man City stand win

Construction News

11aJohn Sisk & Son has confirmed that it is building the new North Stand for Manchester City FC’s Etihad Stadium. Construction News reported last July that the contractor was in talks about the £300m job. Today’s announcement is Sisk's first official recognition that a main… The post Sisk confirms £300m Man City stand win appeared first on Construction News.

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Site wages 7% up on last year

The Construction Index

Construction site wages in the first quarter of 2024 were 7% higher than a year before, according to the Hays/BCIS Site Wage Cost Indices.

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$100M infrastructure boost announced for QLD councils

Roads Online

Image: stock.adobe.com/Matt Palmer. The Queensland Government has announced a pot of $100 million for critical infrastructure, which is set to be shared across 12 different municipal areas in south-east Queensland. The funding forms part of the South East Queensland Community Stimulus Program, which aims to fast-track investment in critical infrastructure and community assets, such as water supply and maintenance, roads and drainage, disaster resilience projects, community buildings and works to

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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.

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Behind the Scenes With the ConstructConnect Team Members Planning #AECCaresProjectDC

Contruct Connect

In less than two weeks, about 100 members of the architecture, engineering, and construction community (AEC) will gather on Wednesday, June 5, for an annual day of service through AEC Cares , a 501(c)(3) not-for-profit organization of which ConstructConnect is a founding member and primary organizer. But what goes on behind the scenes leading up to this event?

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How can AI assist tunnel construction and maintenance

New Civil Engineer

How can artificial intelligence influence the way tunnels are being constructed and maintained? The post How can AI assist tunnel construction and maintenance appeared first on New Civil Engineer.

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Fire Shutters: Why Businesses Need Them

Civil Engineer Blog

When a fire occurs, a fire shutter may be the only protection from smoke or fire damage to a building or goods. Fire shutters are designed to improve protection from fire and smoke for an extended period. Advanced technology is utilized in building the shutters. Several different classes are available to suit a range of […] The post Fire Shutters: Why Businesses Need Them first appeared on Civil Engineer Blog.

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Procurement Act lowers barriers for SMEs but social value details scant

New Civil Engineer

The Procurement Act will lower barriers for small and medium enterprises (SMEs) to win government contracts but it does little to ensure that social value will be delivered, according to bodies that support organisations in procurement and delivery. The post Procurement Act lowers barriers for SMEs but social value details scant appeared first on New Civil Engineer.

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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.

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Case CE adds 5-metric-ton CX50D to mini excavator lineup

Equipment World

Powered by a 59-horsepower Perkins engine, the CX50D has a bucket digging force of 9,666 pound-feet and a maximum digging depth of 10 feet 11 inches.

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Balfour Beatty established ‘digital fortresses’ following rise in construction site thefts

New Civil Engineer

Balfour Beatty is using what it calls “digital fortresses” to protect its widespread range of work sites in response to the rise in thefts in recent years. The post Balfour Beatty established ‘digital fortresses’ following rise in construction site thefts appeared first on New Civil Engineer.

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AUSREO’s digital adoption in construction

Roads Online

AUSREO’s platform is centred around collaboration and innovation, helping its customers to achieve greater project outcomes. Image: AUSREO. Over the past 10 years, AUSREO has developed and introduced to market a cutting edge and pioneering software, aiding the delivery of large Infrastructure projects. B uilding large complex infrastructure projects is made simpler with digital technology and early engagement to provide better project outcomes.

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1,370 repairs completed on 160-year-old Camps rail viaduct in Scotland

New Civil Engineer

Story Contracting has successfully completed 1,370 repairs to futureproof the 160-year-old Camps viaduct in Scotland at a cost of £6M. The post 1,370 repairs completed on 160-year-old Camps rail viaduct in Scotland appeared first on New Civil Engineer.

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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.

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Masonry supplier failed on machine guarding

The Construction Index

A concrete products manufacturer has been fined after placing its employees at risk.

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Great British Railways’ long-term business plan must be informed by five-year funding cycles

New Civil Engineer

Great British Railways’ (GBR) long-term business plan must be informed by short-term funding settlements because a long-term operational funding commitment “wouldn’t be realistic” according to Network Rail chiefs. The post Great British Railways’ long-term business plan must be informed by five-year funding cycles appeared first on New Civil Engineer.

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Dandara chooses precast foundations

The Construction Index

Bullivant is installing precast foundations for housing developer Dandara in Milton Keynes.

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NIC: Infrastructure projects ‘must have a focused attention on design’

New Civil Engineer

Design must be embedded throughout infrastructure project life cycles in a holistic way, according to new guidance from the National Infrastructure Commission’s (NIC’s) Design Group. The post NIC: Infrastructure projects ‘must have a focused attention on design’ appeared first on New Civil Engineer.

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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.

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ENR's 2024 Top 400 Contractors: Firms Feel Pinch for Profitability

ENR Construction

When the Federal Reserve hiked interest rates 11 times last year in a bid to control rampant economic inflation, many Top 400 Contractors said they felt those policy changes in the form of project delays, rescopes or outright cancellations.

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Industry backs north Wales nuclear plant commitment as Wylfa is ‘best site in Europe’

New Civil Engineer

The nuclear industry has come out in support of the government’s commitment to constructing the Wylfa nuclear power station on the island of Anglesey, north Wales. The post Industry backs north Wales nuclear plant commitment as Wylfa is ‘best site in Europe’ appeared first on New Civil Engineer.

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Foundations in place for VIC Inland Rail works

Roads Online

Image courtesy of Inland Rail/ARTC. Foundational pile drilling is now complete at Seymour-Avenel Road, where a new road bridge will be built to increase the safety, speed and reliability of double-stacked freight as part of the Inland Rail project in Victoria. Fifty-six piles have been drilled for the future 25 metre span bridge, which will also be around 3.2 metres higher than the existing structure.

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AtkinsRéalis to provide detailed design of world first tritium processing facility for UKAEA

New Civil Engineer

AtkinsRéalis has been appointed by the UK Atomic Energy Authority (UKAEA) to provide a detailed design for the world’s first research facility to study whether tritium can be used as fuel for fusion power. The post AtkinsRéalis to provide detailed design of world first tritium processing facility for UKAEA 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.