New research by FMI shows that nearly half of non-residential construction projects are being delivered by the design-build method.
Design-build is the fastest growing and most popular method to deliver nonresidential, highway/street, and water/wastewater construction projects in America. Among the key findings of the new research are:
— Design-build is anticipated to account for 44% of construction spending in the assessed segments (nonresidential, highway/street and water/wastewater) delivering $1.2 trillion in construction put in place by 2021.
— Design-build spending is anticipated to grow 18% overall, with the highway/street and water/wastewater sectors seeing 30% growth by 2021.
— Design-build spending in Manufacturing (16%), Highway/Street (14%), and Educational (15%) represent the greatest percentage of design-build construction spending by segment from 2018-2021.
— Experience with design-build was rated highest across all project delivery methods, with 76% of survey respondents reporting very good and excellent experiences.
— Opportunities to innovate and the ability to fast track a project were identified as top benefits associated with design-build.
Related Stories
| Aug 2, 2013
Design of world’s tallest wood skyscraper would be more sustainable than steel alternative
Architecture firm C. F. Møller has proposed building the tallest wooden building in the world in Stockholm, Sweden.
| Aug 2, 2013
Texas law expected to help reduce construction payroll fraud
Texas lawmakers want to get tough on construction companies that commit a certain form of payroll fraud, passing a new law recently signed by Gov. Rick Perry.
| Aug 2, 2013
Surveys show parking space requirements far in excess of what is necessary
Officials in the Northwest’s large metropolitan areas have sent survey takers out at night through apartment and condominium lots and garages, recording empty and full spaces, and comparing their tallies with the number of apartments.
| Aug 2, 2013
Netherlands Institute of Ecology built to zero waste principles
The Netherlands Institute of Ecology was designed and built to be the most sustainable building in Holland and incorporate the zero waste principles of Cradle-to-Cradle design.
| Aug 2, 2013
Threat of more powerful coastal storms could curtail development
Led by Stanford University’s Natural Capital Project, researchers mapped the intensity of hazards posed to communities living along America’s coastlines from rising seas and ferocious storms now and in the decades to come.
| Jul 26, 2013
AGC launches new coalition to help bring tax relief to construction sector
Associated General Contractor of America (AGC) has launched the Coalition for Fair Effective Tax Rates to bring tax relief to the construction sector.
| Jul 26, 2013
Legislation would revamp federal contracting policy impacting small design and construction firms
Legislation was introduced in the U.S. House of Representative this month to ban reverse auctions when an agency determines small businesses are qualified to bid on the solicitation.
| Jul 26, 2013
Detroit’s problems may make blue infrastructure codes more likely
The City of Detroit’s financial problems may make it more likely to adopt blue infrastructure standards.
| Jul 26, 2013
Cities should reconsider rooming houses to build affordable housing stock, says expert
Building codes have effectively outlawed the bottom end of the private housing market, driving up rents on everything above it, argues the Sightline Institute's Alan Durning.
| Jul 17, 2013
WorldGBC, IFC pledge to rapidly scale up green construction in emerging markets
IFC, a member of the World Bank Group, and the World Green Building Council (WorldGBC) are collaborating to rapidly scale up the construction of green buildings in emerging markets.
