Thu.Jul 11, 2024

article thumbnail

As Summer Season Heats Up, Rental Market Slowdown Begins to Stabilize

The Pro Builder

The rental market slowdown seems to be stabilizing as the summer season continues. According to housing market data platform Zillow, rents are rising at their fastest rate in nearly a year, with the typical U.S. rent now at $2,054. Year-over-year, rents increased in both the single-family and multifamily sectors. Single-family home rents were recorded at $2,288, increasing 0.4% from May to June 2024 and up 4.7% year-over-year.

130
130
article thumbnail

Workers’ families file suit over Boise, Idaho, hangar deaths

Construction Dive

Relatives of two workers have sued several contractors, claiming rushed work and shoddy materials led to the fatal jobsite collapse in January.

363
363
Insiders

Sign Up for our Newsletter

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

article thumbnail

Buyer Expectations Aren’t Aligned With Actual Home Prices

The Pro Builder

While home prices are increasing, recent research shows buyers’ expectations don't necessarily align with current prices. According to the National Association of Home Builders’ Eye On Housing blog, 38% of buyers expect to pay less than $250,000 for their next home, and 19% expect to pay less than $150,000. However, this may be unrealistic for most buyers as just 5% of home starts in 2023 were priced below $250,000.

246
246
article thumbnail

NYC issues RFP for $1B life sciences project

Construction Dive

The redevelopment aims to transform Hunter College’s Brookdale campus in the Kips Bay neighborhood of Manhattan into an innovation hub.

333
333
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

Buyer Expectations Aren’t Meeting Actual Home Prices

The Pro Builder

While home prices are increasing, recent research shows buyers’ expectations do not necessarily align with current prices. According to the National Association of Home Builders’ Eye On Housing blog, 38% of buyers expect to pay less than $250,000 for their next home, and 19% expect to pay less than $150,000. However, this may be unrealistic for most buyers as only 5% of home starts in 2023 are priced below $250,000.

246
246
article thumbnail

A contractor’s success or failure starts at the top

Construction Dive

Many seemingly thriving firms deal with employee burnout, high turnover or an unhealthy culture. It’s up to company leaders to fix that.

321
321

More Trending

article thumbnail

NorSun to invest $620M in first US solar facility

Construction Dive

The Norway-based company will work with Silfab Solar to supply the manufacturing plant in Tulsa, Oklahoma.

288
288
article thumbnail

Colliers Engineering & Design Adds Leading Architecture Firm

Civil + Structural Engineer

Holmdel, NJ – Colliers Engineering & Design, a national multi-discipline engineering, architecture, design and consulting firm, is pleased to announce it has completed its previously announced acquisition of Phase Zero Design Corporation, a commercial architecture, interior design, and branding firm with offices in Simsbury, CT, Hingham, MA and Cary, NC.

article thumbnail

As Summer Heats Up, the Slowdown in the Rental Market Begins to Ease

The Pro Builder

The rental market slowdown seems to be lessening as the summer season continues. According to housing market data platform Zillow, rents are rising at their fastest rate in nearly a year, with the typical U.S. rent now at $2,054. Year-over-year, rents increased in both the single-family and multifamily sectors. Single-family home rents were recorded at $2,288, increasing 0.4% from May to June 2024 and up 4.7% year-over-year.

130
130
article thumbnail

Cybersecurity in Construction - Prevent, Protect and Prepare

For Construction Pros

As the construction industry continues to become more digitally connected, let's talk about how the industry can prevent, protect, and prepare for these types of threats and attacks. Part one of a four-part series on cybersecurity.

114
114
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

Technology Advancements Create Growing Need for Cybersecurity Measures in Construction Industry

The Pro Builder

As technology progresses, its use in the construction industry has become more prevalent. Because of this, cybersecurity measures have become more necessary. According to For Construction Pros, there are a number of measures construction professionals can take to protect their businesses from online threats, such as phishing, hacking, and ransomware.

130
130
article thumbnail

The Importance of a Civil Engineering Experience Certificate

Construction Placements

The Importance of a Civil Engineering Experience Certificate Learn the significance of a Civil Engineering Experience Certificate. Learn how it validates your practical skills, impacts job opportunities, and enhances your career growth. The post The Importance of a Civil Engineering Experience Certificate appeared first on ConstructionPlacements.

article thumbnail

Greener Building Practices with Manufactured Stone Veneer

The Pro Builder

In the age of environmental consciousness, the construction industry is experiencing a shift towards sustainable practices. Builders, contractors, architects and homeowners are increasingly opting for eco-friendly alternatives that both enhance aesthetics and reduce their environmental impact.

article thumbnail

Ofwat cuts £16bn from water sector plans and introduces new funding model for major projects

New Civil Engineer

Water regulator Ofwat has slashed £16bn from the sector’s proposed investment over the next five years, to the water companies’ consternation, and introduced a new funding model for major projects. The post Ofwat cuts £16bn from water sector plans and introduces new funding model for major projects appeared first on New Civil Engineer.

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

StoneWorks

The Pro Builder

StoneWorks kcichowicz Thu, 07/11/2024 - 07:54 StoneWorks is builders' one source solution for manufactured stone veneer. From pre-construction and manufacturing to delivery and installation, StoneWorks turnkey philosophy ensures that builders receive the total stone experience with only one point of contact from start to finish. Now that's turnkey.

Stonework 130
article thumbnail

Renewable sector backs £8.3bn Great British Energy but highlights integration complexities

New Civil Engineer

The state-backed power company Great British Energy (GBE) can play a positive role in the energy transition if managed correctly, but complexities exist around integration with Great British Nuclear (GBN) and grid supply chains. The post Renewable sector backs £8.3bn Great British Energy but highlights integration complexities appeared first on New Civil Engineer.

article thumbnail

Washington’s waterfront urban development project receives recognition

Construction Specifier

The Wharf is a waterfront neighborhood in Southwest D.C. Photo courtesy Perkins Eastman The Wharf, a waterfront neighborhood in Southwest D.C., was honored with a 2024 AIA Regional & Urban Design Award. Perkins Eastman was the architect and master planner of the vibrant year-round district. Encompassing a wide range of commercial, residential, and public uses, The Wharf features expansive piers, new buildings, and unique promenades that honor site, history, and community while offering a spo

article thumbnail

‘Giant’ piers completed on HS2’s tallest Curzon approach bridge in Birmingham

New Civil Engineer

Construction of four 16m high piers is now complete on High Speed 2’s (HS2’s) 150m long Curzon 2 viaduct, which will take high-speed trains in and out of Birmingham. The post ‘Giant’ piers completed on HS2’s tallest Curzon approach bridge in Birmingham 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

The Top 10 Smart Home and Building Innovations 

Construction Today

The construction industry is at the forefront of a technological revolution, and nowhere is this more evident than in the rise of smart homes and buildings. These structures leverage advanced technologies to create more efficient, comfortable, and sustainable living and working environments. Here’s a comprehensive look at the 10 key innovations driving this transformation: The Internet… Source The post The Top 10 Smart Home and Building Innovations appeared first on Construction Tod

article thumbnail

Order for National Highways to remove historic bridge infill reversed by Planning Inspectorate

New Civil Engineer

The Planning Inspectorate has ruled that National Highways does not have to remove the concrete infill from beneath a 100-year-old bridge in Norfolk, going against the local council’s order. The post Order for National Highways to remove historic bridge infill reversed by Planning Inspectorate appeared first on New Civil Engineer.

article thumbnail

Tideway-style funding to be rolled out across water industry

The Construction Index

Water industry regulator Ofwat has approved new approaches for funding infrastructure schemes costing £100m or more.

Approvals 122
article thumbnail

What is needed for London to become a Sponge City?

New Civil Engineer

The twin dangers of flooding and water scarcity are increasing and highly urbanised areas such as London must adapt to mitigate the impact on people, property, and the environment. Here I discuss the concept of ‘sponge cities’ and what London would need to do to… The post What is needed for London to become a Sponge City? 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

SRE: Downsizing with purpose

Roads Online

Specialised Roading Equipment’s four-metre telescopic sprayer provides a compact yet powerful spraying unit. Images: SRE. Specialised Roading Equipment’s new telescopic sprayer represents the evolution of the conventional fixed wing design, giving customers a new foot in the door to the spraying world. T wo thousand kilometres may sound like a massive distance, but for New Zealand-based Specialised Roading Equipment (SRE), the distance to Australia feels much closer.

article thumbnail

How to Safely Remove and Relocate Concrete Barriers

Maltaward

Concrete barriers are essential for long-term site security, traffic management, and asset protection across various industrial and commercial applications. However, as project needs evolve, these heavy-duty barriers often require removal or relocation. This process requires careful planning, specialised equipment, and expert handling to ensure safety and efficiency.

article thumbnail

Investing in Real Estate? Don’t Forget To Do a Home Inspection

Civil Engineer Blog

Investing in real estate is a significant purchase. As such, you need to be prepared to invest wisely. Real estate can be an excellent way to start your investment portfolio. If you are a little more seasoned in the world of real estate investment, you may be aware of the pitfalls and benefits of this […] The post Investing in Real Estate? Don’t Forget To Do a Home Inspection first appeared on Civil Engineer Blog.

article thumbnail

Water companies to invest £88bn over next five years

The Construction Index

Ofwat has today proposed allowing a spending package of £88bn by water companies over the next five years.

126
126
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

Why You Should Consolidate Portfolio Data in One Place

Rabbet

The proliferation of systems, data, and devices can be extremely helpful in our daily work and personal lives. Unfortunately, data storage and management is often overlooked as our devices lull us into a false sense of security that all the information we need is stored within these devices or in the cloud. While that may be true, this doesn’t lead to an efficient portfolio management strategy.

article thumbnail

£8.6M pledged towards business case for reopening Leamside Line as part of Tyne Metro

New Civil Engineer

North East mayor Kim McGuinness has pledged £8.6M for the development of a business case to re-open the Leamside Line railway as part of the region’s Metro, which could provide spare capacity for the East Coast Main Line (ECML). The post £8.6M pledged towards business case for reopening Leamside Line as part of Tyne Metro appeared first on New Civil Engineer.

article thumbnail

Rail works moving ahead on Gold Coast Light Rail

Roads Online

Image courtesy of the Queensland Government. Construction on the third stage of the Gold Coast Light Rail project is progressing, with a total of 28 kilometres worth of rail set to be installed along the project route. The project is delivering a new 6.7-kilometre extension of the existing public transport network and will feature eight stations, the addition of the newly delivered trams, as well as dual track in the centre of the Gold Coast Highway.

article thumbnail

Majority of Portsmouth residents support construction of £1.35bn Aquind interconnector

New Civil Engineer

More than two thirds (69%) of Portsmouth residents polled for an independent survey support the construction of the contentious 2GW Aquind electricity interconnector between Hampshire and Normandy. The post Majority of Portsmouth residents support construction of £1.35bn Aquind interconnector appeared first on New Civil Engineer.

Surveying 111
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.