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Healthcare construction spending surges despite rising expenses

Sep 02, 2022 (0) comment , ,

Rising MEP costs, inflation and supply chain concerns haven’t slowed costly healthcare projects. A rendering shows the proposed design of the new hospital at UCSF Helen Diller Medical Center at Parnassus Heights. Courtesy of Herzog & de Meuron   Healthcare construction remains strong despite surging costs, with spending in the sector near all-time highs, according […]

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The ‘bonus’ tax deduction in the Inflation Reduction Act for construction firms

Aug 25, 2022 (0) comment , , ,

Affordable excess liability insurance coverage for small businesses and contractors.

Brief: While most of the tax deductions and incentives to build climate-friendly structures in the Inflation Reduction Act go to building owners, one area can significantly benefit contractors as well, a construction tax expert said. Phillip Ross, leader of the construction industry group at New York City-based accounting advisory firm Anchin, detailed how contractors can […]

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Concrete frame tops out at $2B Intuit Dome

Aug 12, 2022 (0) comment , , ,

Brief: The AECOM-Hunt Turner joint venture building the $2 billion NBA Intuit Dome arena for the Los Angeles Clippers topped out its concrete frame last week, just six months after its first foundation was poured, according to a Turner press release. The project broke ground in September 2021. Completing the concrete frame took more than […]

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Top 10 US metros for construction starts

Jul 28, 2022 (0) comment , , ,

   Brief: The value of commercial and multifamily construction starts rose 24% in the first half of 2022 compared to the same period last year in the country’s top 20 metropolitan areas, according to Dodge Construction Network. The top three markets are New York City, Dallas and Washington, D.C. In the first half of the […]

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Tech giants plan to spend billions to construct new plants, data centers

Jul 28, 2022 (0) comment , , ,

Clients like Samsung, Panasonic and Google eye massive U.S. projects in coming years. Samsung, the South Korea-based electronics company, has begun applications for tax breaks on 11 potential chip plants worth about $191 billion in Texas. Chung Sung-Jun / Staff via Getty Images  Tech companies are influencing a boom in different types of construction, namely […]

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6 Construction Payment Problems and How to Avoid Them

Jul 21, 2022 (0) comment , , ,

Even companies that are profitable on paper can be crippled if they can’t collect payments promptly. It’s no secret that in the construction industry, cash flow is king. Even companies that are profitable on paper can be crippled if they can’t collect payments promptly. It’s an industry-wide problem, and it affects subcontractors, residential contractors and […]

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Four Golf Lessons That Can Be Applied To Business

Jul 08, 2022 (0) comment , , ,

Golf and business have been linked for as long as the game has been around. You can learn a lot about a person from playing a round of golf with him or her, as the game reveals so much about character, mindset and willpower. But it can also teach you a great deal about business. […]

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Lego to open first US factory

Jun 23, 2022 (0) comment , , ,

Brief: Lego Group on Wednesday announced that the company will invest over $1 billion to open a factory in Chesterfield County, Virginia, according to a company press release. Construction will launch in the fall of this year, with a projected start date for production in the second half of 2025. The 1.7 million-square-foot facility will […]

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New algae-based cement garners attention from AEC industry, Microsoft

Jun 13, 2022 (0) comment

Brief: Algae is not just some stuff floating around in your fish tank or on pond rocks — it’s also a key component of a new zero-carbon cement mixture, according to a June 6 press release. Boulder, Colorado-based zero-carbon research company Prometheus Materials is using algae to create a greener binding agent, according to the […]

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Best Bathroom Trends of 2022

May 26, 2022 (0) comment , , ,

Bathrooms are in the spotlight and we’re loving it! Gone are the days of being strictly utilitarian, the future sees this space leaving its humble origins in the dust. These interiors offer so much more than appeasing basic necessities, quickly becoming at-home retreats resembling personal spas. Check out the top bathroom trends 2022 has in […]

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