On March 8, 2012, the Indiana Finance Authority (IFA) issued a RFQ to design, build, finance, operate and maintain a tolled bridge facility and associated roadway and facilities (the “East End Crossing”) through a public-private partnership agreement. If this piques your interest, the Statements of Qualification are due April 9,…
Dating back to Hammurabi’s code in the early fourth millennium B.C., continuing through the development of the U.S. Constitution, and still present in today’s professional culture, a dominant theme has arisen: before any process involving participation of multiple individuals or entities with differing goals can be successfully administered, a fixed…
Jonathan Kaiman of the Los Angeles Times reported recently on a developer, Broad Sustainable Building, that constructed a thirty-story building in Changsha, China, in 15 days (not including the foundation and tenant improvements) with the help of extensive prefabrication. The fascinating time-lapse video of the construction of the building is…
The 21st edition of Pillsbury’s Newsletter: Perspectives on Real Estate features articles on green leasing, mineral rights, avoiding construction project failures and California’s post redevelopment agency landscape. Articles include: “Green” Leasing: Landlord and Tenant Perspectives Scratching the Surface: Understanding the Potential Impact of Minerals Rights on Your Texas Loan Avoiding…
On February 21, 2012, the AGC announced that construction employment remains below peak levels in 329 out of 337 metro areas. Not surprising, the hardest hit metro areas all took great advantage of the housing boom until the economic recession wiped out the demand – Phoenix-Mesa-Glendale, AZ, Lake Havasu City-Kingman,…
An analysis performed by The Association of General Contractors reveals that Construction company employment rose in 28 states and the District of Columbia in 2011. While the increase in numbers is certainly encouraging, the AGC cautions that it is “too early to conclude that the industry is on a steady…
Some of the best pictures taken from the new World Trade Center construction site. Enjoy.
Some things are truly amazing. A garage under construction in Cleveland collapsed and no one was killed or even injured. See pictures and the story here. There will be multiple investigations, of course, and somebody’s project will be dealing with a major curve ball.
Maybe. According to this article by Katy Barnato, private construction spending in the U.S. is expected to push $10 Billion this year, based on data through the first three quarters. Manufacturing, office and warehouse construction are leading the charge. It should be no surprise to anyone that residential construction continues…
With all the talk — and all the press — about our cash-strapped federal government, you’d think that announcements of new government spending would be few and far between. But not if you’re into green building. President Obama is teaming with former President Clinton to invest $4 Billion — yes,…