Contraction in Architecture Billings Index Continues

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WASHINGTON, D.C. — The Architecture Billings Index has reverted into negative territory for the last two months. As a leading economic indicator of construction activity, the ABI reflects the approximate nine- to twelve-month lead time between architecture billings and construction spending. The American Institute of Architects reported the March ABI score was 49.6, up slightly from a mark of 48.8 in March. This score reflects a decrease in design activity (any score above 50 indicates an increase in billings). The new projects inquiry index was 59.1, up from the reading of 57.9 the previous month. The AIA has added a … Read more

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McCarthy Completes $49.4M Design-Build of New Waterfront Park, Parking Structure

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SAN DIEGO, Calif. — Thousands of San Diego, California residents and visitors turned out recently for the day-long slate of festivities celebrating the grand opening of the new San Diego County Administration Center Waterfront Park, located on a prime, 12-acre site along Pacific Coast Highway in downtown San Diego. McCarthy Building Companies, Inc., led the successful execution of the $49.4-million design-build project. McCarthy's design-build team included SGPA, architect-of-record; Schmidt Design, landscape architect of record; Aquatic Design Group, fountain designer and IPD for the parking portion of the project. The project broke ground in fall 2012 and was completed on time. … Read more

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Howard S. Wright Announces Completion of Hotel

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PORTLAND, Ore. — Howard S. Wright, a Balfour Beatty company, announced the completion of the Pearl District's first hotel, Residence Inn by Marriott Portland Downtown/Pearl District. “We are very proud to have built numerous hotels throughout the Pacific Northwest,” stated Jim Sather, Oregon division president. “The Residence Inn is the first hotel located in the heart of the Pearl District, and has special meaning because it speaks highly to the continued growth of Portland's urban core — and it is just down the street from our Portland office.” The six-story, 223-suite hotel, which opened on April 11, provides guests with … Read more

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Construction Industry Round Table Announces Board Elections & New Chairman

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MCLEAN, Va. — The Construction Industry Round Table has elected Patricia “Pat” Rodgers, president & CEO of Rodgers Builders, Inc., as chairman of the organization for a term of one year. She succeeds Steven T. Halverson, president & CEO of The Haskell Company, Jacksonville, Florida. Rodgers was elected during CIRT’s Annual Spring Meeting, which also welcomed new directors. Commenting on her election, Rodgers said, “It is truly an honor to work with my fellow CIRT members, who share common goals to meet the needs of the design and construction industry through collaboration and leading edge innovation. Joining our voices together … Read more

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McCarthy Lab Renovation Project includes Unique Equipment for Washington University in St. Louis

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St. Louis, Mo. — McCarthy Building Companies, Inc. served as construction manager for a research laboratory fit-out project recently completed at Washington University in St. Louis, Missouri. McCarthy worked with Washington University to finish the interior and install specialized equipment in an existing 15,000-square-foot space in Rudolph Hall on the Danforth Campus. The new space is the home of the Institute of Materials Science & Engineering, established in July 2013 to foster a culture of interdisciplinary materials science research and education at the university. Washington University, with McCarthy’s assistance, installed a new, $3-million, Secondary Ion Mass Spectrometer, one of only … Read more

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