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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LEO A DALY opens new office in Riyadh, Saudi Arabia
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| Mar 7, 2012
Turner appointed Batson-Cook CFO and treasurer
Cecil G. Hood to continue in advisory role.
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Thornton Tomasetti names Dowdall VP of Kansas City office
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| Mar 7, 2012
LEO A DALY selected to design Minnesota Fallen Firefighters Memorial
The bronze, figurative sculpture of a firefighter rescuing a child, which is currently on display at the Minneapolis/St. Paul International Airport, is lit by natural light through a circular void in the monolith.
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Houlihan Lokey adds Steffen to Industrials Group
Steffen bolsters group with experience in the building materials and rorest product sectors.
| Mar 6, 2012
Country’s first Green House home for veterans completed
Residences at VA Danville to provide community-centered housing for military veterans.