Nonresidential Construction Index Slowly Rises

RALEIGH, N.C. — FMI announced the release of the 2014 Fourth Quarter Nonresidential Construction Index report. The NRCI shows a slight increase from 62.5 in the third quarter to 62.8 in the fourth quarter of 2014. This is nearly 5.5 points ahead of fourth quarter 2013. An NRCI greater than 50 indicates improvement or expansion. There are many good reasons for optimism by NRCI survey respondents this quarter. The top-three are: businesses are starting to build again, backlogs are expanding and future business looks good with low inflation. A close fourth is a sense of financial security with improved balance … Read more

Filed under: Economic News, News

Skanska USA to Develop Tower Joining Cultural, Financial Core of Downtown Seattle with Waterfront

Skanska USA Commercial Development Inc. recently announced it has reached agreement with the Samis Foundation to lease and develop all of its downtown Seattle property located east to west between Second and First Avenue and north to south between University and Seneca Streets in Seattle, Washington. Skanska approached Samis more than three years ago with a vision for the Second and University properties, now referred to as 2&U. Leadership from both groups saw an opportunity to create a true Pacific Northwest building that could position Seattle and its downtown for continued success. Their discussions resulted in a long-term ground lease … Read more

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South Coast Improvement Co. Begins Work on Atria Marland Place Project in Andover

ANDOVER, Mass., and MARION, Mass. — South Coast Improvement Company was recently contracted by Atria Senior Living to restore a historic mill building in Andover, Massachusetts. The renovated mill, the former Marland Manufacturing Company building, will become part of Atria’s Marland Place, a senior living community for Andover’s active older adults. The $4-million renovation of the former textile mill will include a complete gut and demo of the entire interior of building, as well as a repointing of the entire brick façade. In addition, the renovated building will feature new electrical, HVAC, plumbing and Life Safety; new framing and reconfiguration … Read more

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AIA Announces Awards Submission Deadline

Submission Deadline: 5 p.m., Jan. 26The AIA COTE Top Ten / Top Ten + Awards program recognizes exemplary and innovative, built projects that establish a standard of over-all design excellence creatively integrating sustainable design strategies, demonstrating their benefits while educating and inspiring the profession and the public. In acknowledgement of the increasingly important role architects must play in helping to address the challenges of climate change, and in keeping with the Institute’s core values surrounding this issue, submissions are expected to make every effort to comply with the goals of the AIA 2030 Commitment. Past AIA COTE Top Ten Award … Read more

Filed under: News, Organizations

Big Unveils Plans for Smithsonian South Mall Campus in D.C.

“It’s a great honor and a humbling challenge to reimagine one of the most significant American institutions on the front lawn of the nation’s capital,” said Bjarke Ingels, the founding partner at BIG and the architect of the master plan. “Together with the Smithsonian—with whom we have worked closely over the last year and a half—we have conceived a master plan for the South Mall campus as an example of radical reinterpretation. To resolve the contradictions between old and new, and to find freedom within the boundaries of strict regulation and historical preservation, we have chosen to carefully reinterpret the … Read more

Filed under: News