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Expert tips to capitalize on the life sciences boom

Aug 26, 2021 (0) comment , , , , ,

Leaders from DPR, Suffolk and other firms discuss the “secret sauce” of these in-demand projects. Providing flexibility, maximizing building codes and understanding best uses for retrofits are among some of the tips to capitalize on the life sciences gold rush. Demand continues to outpace supply in the life sciences industry, which consists of work for […]

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Indiana DOT, Purdue University developing wireless EV charging for highways

Aug 13, 2021 (0) comment , , , ,

Brief: The Indiana Department of Transportation is partnering with Purdue University and German infrastructure technology company Magment on a pilot project to develop the nation’s first paved highway segment that contains contactless, wireless technologies to charge electric vehicles as they drive over it. Purdue engineers are designing and testing the dynamic roadway, which incorporates Magment’s magnetizable […]

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Life science facilities booming

Jul 22, 2021 (0) comment , ,

Although demand exceeds supply, there are a number of challenges for players looking to enter the space. Demand continues to exceed supply as more players express interest in the life sciences sector, according to industry analysts. “As we look forward, there’s nothing in our data that shows any change in the positive momentum that we’re […]

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6 multifamily building failures and the changes they produced

Jul 15, 2021 (0) comment , , , ,

Past building disasters have led to enhanced codes and safety improvements for the construction of condos, hotels and other residential structures. As rescuers sift through the debris of the partial collapse of the Champlain Towers South building in Surfside, Florida, officials were hoping to find more survivors but now, they have shifted gears to finding […]

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Lumber Prices Are Falling Fast, Turning Hoarders Into Sellers

Jun 17, 2021 (0) comment , , ,

Affordable excess liability insurance coverage for small businesses and contractors.

Prices have dropped from record highs, spurred by the economic reopening and potentially pointing to an eventual return to normalcy Lumber at a Home Depot store in Doral, Fla., last month. Lumber futures hit a record high in early May. Photo: Joe Raedle/Getty Images   Lumber prices are falling back to Earth. Futures for July […]

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Why lumber prices are spiking

Jun 03, 2021 (0) comment , , ,

An economist expects the labor part of the sawmill problem to start resolving itself later this year, but expects prices to remain high into 2022.     If a tree falls in the woods, how much is it worth? Right now, in a market with a lumber shortage, a lot. Lumber prices have spiked this […]

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What contractors need to know before going after public projects

Apr 22, 2021 (0) comment , , , ,

President Joe Biden recently announced a $2.3 trillion U.S. infrastructure spending proposal, the American Jobs Plan, that promises billions of dollars in construction contracts to companies across the country who are trying to determine what a post-COVID-19 economy will look like. The plan calls for $621 billion for transportation infrastructure and $689 billion for buildings […]

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$1.9T COVID-19 relief package includes billions for capital projects

Mar 18, 2021 (0) comment , , , ,

The construction industry will benefit from many of the provisions in the rescue bill. In a 220-211 vote, the House of Representatives passed the $1.9 trillion COVID-19 relief bill, officially known as the American Rescue Plan Act of 2021, and presented the legislation to President Joe Biden on Wednesday of last week. The package contains […]

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New report ranks the 30 most expensive sports venues

Mar 05, 2021 (0) comment , ,

Even adjusted for inflation, SoFi Stadium in Inglewood, California, was more than twice as expensive to build as the second most costly stadium. SoFi Stadium in Inglewood, California, is the most expensive stadium ever built, even when adjusted for inflation. In fact, SoFi (shown above), which was finished in 2020 and serves as the home of […]

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New California Law Removes Restrictions to Residential Development

Feb 04, 2021 (0) comment , , ,

AB 3182 will help encourage the creation of residential development in older urban areas and master planned communities. California law AB 3182 is poised to help fuel residential development in the state. The law removes several barriers to construction to help encourage more residential construction, particularly in older urban markets and master planned communities, by […]

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