Brasfield & Gorrie Begins $30M Construction Projects in Greenville

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GREENVILLE, S.C. — Brasfield & Gorrie announced the start of construction on two projects in downtown Greenville, S.C., totaling $30 million. The general contractor recently began work on the Aloft Hotel, a seven-story, 144-room hotel with an amenity pool deck. Developed by McKibbon Hotel Group, the 90,100-square-foot hotel will be completed in late 2015. The hotel will sit atop a new city parking garage, which is also being constructed by Brasfield & Gorrie. Developed by a partnership between the City of Greenville and Hughes Development Corporation, the seven-story, cast-in-place parking deck will be completed in 2015 and will feature more … Read more

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Barton Malow-Hunt-White to Build New Detroit Events Center

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DETROIT, Mich. — The City of Detroit Downtown Development Authority Board approved the recommendation by Olympia Development of Michigan and the Downtown Development Authority staff to hire Barton Malow-Hunt-White as general contractor for construction of the new Detroit events center. Notable projects by team members include Ford Field, Comerica Park, the expansion and renovation of The University of Michigan Football Stadium, Detroit Riverfront, Detroit Medical Center Pediatric Specialty Center and Amway Arena in Orlando, Fla. “Barton Malow-Hunt-White has built some of the most innovative sports and entertainment venues across the country,” said Christopher Ilitch, president and CEO, Ilitch Holdings, Inc. … Read more

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Construction Jobless Rate Declines, Reports AGC

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Construction employers added 19,000 workers to payrolls in March, bringing industry employment to the highest level since June 2009, while the industry's unemployment rate dropped to the lowest March level in seven years, according to an analysis of new government data by the Associated General Contractors of America. Association officials warned that the pool of available workers is declining rapidly, raising the prospects for significant labor shortages if demand continues to expand. “The rate of construction hiring continues to outrun job growth in the overall economy for the past year,” said Ken Simonson, the association’s chief economist. “Furthermore, the pickup … Read more

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Q2 Economic Outlook Upgrades 2014 Equipment and Software Investment Growth Forecast to 4.2%

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WASHINGTON, D.C. — Investment in equipment and software is expected to grow 4.2 percent in 2014, according to the Q2 update to the 2014 Equipment Leasing & Finance U.S. Economic Outlook released by the Equipment Leasing & Finance Foundation. The Foundation increased its 2014 equipment and software investment forecast to 4.2 percent, up from 3.1 percent growth forecast in its 2014 Annual Outlook released in December 2013. The Q2 report expects equipment and software investment to steadily grow over the next six months as economic conditions solidify and business confidence continues to recover. The Foundation report, which is focused on … Read more

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Korte is Awarded Project for The State of Oklahoma’s Military Department

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The Korte Company will be starting on the first phase of a an estimated $7-8-million, four-phase project for The State of Oklahoma, Office of Management and Enterprise Services, Division of Capital Assets Management, Construction and Properties Department on behalf of the state's Military Department to provide interior and exterior updates and upgrades for an existing Regional Training Institute Billets, which was initially constructed in the mid-1990s. The current facility is a 34,244-square-foot, 3-story dormitory style building with 90 rooms. The first three phases of work will concentrate mainly on the interior improvements, while the fourth phase will address exterior upgrades. … Read more

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