Drone’s-Eye-View Reveals Warriors Sports Complex Renovations

Work is complete on an extensive, $6.8-million renovation of the Calumet New Tech High School outdoor sports complex in Gary, Indiana. The Korte Company was selected to renovate and upgrade the outdoor athletic facilities. The Design-Build project included the construction of a new main entry plaza featuring pavers and ornamental fencing, concession building with restroom facilities, community building, equipment storage facility, as well as home and visitor ticket booths. The football and track area upgrades included a new synthetic turf football field with play clocks, video display scoreboard, stadium lighting, renovated grandstand seating and the addition of a visitor seating … Read more

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Turner’s First Quarter Building Cost Index Reflects Strong Market Conditions

Turner Construction Company announced that the First Quarter 2017 Turner Building Cost Index—which measures costs in the nonresidential building construction market in the United States—has increased to a value of 1,019. This represents a 1.29 percent quarterly increase from the Fourth Quarter 2016 and a 5.05 percent yearly increase from the First Quarter 2016. As the market appears to continue its upward trend, the availability of skilled labor continues to influence the decision making of subcontractors, who are maintaining a selective approach to pursuits so as not to become overburdened. Additionally, while material delivery lead times have been relatively consistent … Read more

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Dodge Momentum Index Loses Steam in April

NEW YORK, N.Y. – The Dodge Momentum Index fell 5.1 percent in April to 133.8 (2000=100) from its revised March reading of 140.9. The momentum index is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year. April’s decline was due to a 12 percent drop for the institutional component of the momentum index, while the commercial component rose a meager 1 percent. Since early 2016, the momentum index has gained substantial ground, albeit in a saw-tooth pattern, increasing by … Read more

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Thirty-Nine States Add Construction Jobs Between April 2016, 2017

Thirty-nine states added construction jobs between April 2016 and April 2017 amid growing demand for construction services, yet more than half the states lost construction jobs between March and April amid tight labor market conditions, according to an analysis by the Associated General Contractors of America of Labor Department recently release data. Association officials said firms in many parts of the country are having a hard time finding qualified workers, which is likely holding back broader employment gains in some states. “Demand for construction remains robust, so it is likely that a number of the monthly employment declines are being … Read more

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