AIA, Gilbane, DBIA, and USGBC released major reports last week. Here's a roundup of the latest market news for the nonresidential construction industry.
DESIGN-BUILD PROJECT DELIVERY HOLDS STEADY AT NEARLY 40% OF NONRESIDENTIAL CONSTRUCTION
About 80% of military work is now design-build. Over 40% of commercial and healthcare work, ditto. DBIA study. Read the report
NONRESIDENTIAL CONSTRUCTION FINALLY GAINING MOMENTUM: GILBANE SUMMER ECON REPORT
Growth predicted for second half of 2013 and into 2014. Availability of skilled workers and increasing materials prices will be an issue. Lenders still cautious. Read the report
SLUGGISH GAINS IN ARCHITECT COMPENSATION DUE TO WEAKNESS IN CONSTRUCTION SECTOR: AIA SURVEY
Average annual staff compensation increases from 2011 to 2013 were only a bit more than 1%. Bigger firms pay more in general. Read the report
USGBC JOINS FORCES WITH GREEN SPORTS ALLIANCE TO PROMOTE SUSTAINABLE VENUES
Pro and collegiate sports embracing LEED. 25 venues currently certified. Alliance includes more than 180 pro and collegiate sports teams and venues. Read the report
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Milestone reached for LEED-certified buildings?
Total number of major global green buildings now stands at 12,000.
| Mar 28, 2012
Holden Cancer Center opens at University of Iowa Hospitals and Clinics
The new cancer clinic provides a significant increase in patient space from the prior facility, which was located in an adjacent building.
| Mar 28, 2012
Meridian Design Build Begins work on 38 acre redevelopment project
The project includes construction of a new 150,585-sf cross dock facility that will include full service truck maintenance and repair bays, a truck wash, and approximately 20,000-sf of corporate office space.
| Mar 28, 2012
Tsoi/Kobis & Associates developing master plan for UT Southwestern Medical Center
Firm will spearhead strategies for transforming existing in-patient hospital into state-of-the-art ambulatory care facility.
| Mar 28, 2012
Ideas and input drive stories in online community, noraXchange
Community designed to help building and design professionals address challenges they face in their jobs.
| Mar 27, 2012
Bank of America Plaza becomes Atlanta's priciest repo
Repo will help reset market prices for real estate, and the eventual new owner will likely set rental rates at a new or near the bottom and improve the facilities to lure tenants.
| Mar 27, 2012
Skanska hires aviation construction expert Bob Postma
Postma will manage Skanska’s nationwide in-house team of airport construction experts who lead the industry in building and renovating airport facilities and their essential features.
| Mar 27, 2012
Precast concrete used for affordable, sustainable housing in New York
Largest affordable housing development in the nation will provide housing for close to 500,000 people.