Survey Says: ABC Members Invested $1.6 Billion to Upskill Construction Workforce

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Associated Builders and Contractors recently released its 2024 Workforce Development Survey, which found its member contractors invested $1.6 billion to provide craft, leadership and health and safety education to more than 1.3 million course attendees nationwide in 2023, up from $1.5 billion in 2022 and on track with $1.6 billion in 2021. Other key findings included: Safety education accounts for the greatest share of total workforce investment at 59%, which has remained stable since 2022 ABC contractors invested an average of 7.5% of payroll on workforce development in 2023, slightly down from 8% in 2022 Trade and specialty contractors continued … Read more

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New MOB in New York to Deliver 400,000-SF Class A Office Space

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A 30-story medical office building in the Yorkville section of Manhattan’s Upper East Side recently topped out. Developed by Extell Development Company, the 400,000-square-foot facility, slated for completion in 2025, will house doctors’ offices, medical treatment centers and retail space on the ground floor. Lendlease provided pre-construction services ahead of the tower’s groundbreaking and is serving as construction manager for the development, which is being built on a full-block site located on the east side of First Avenue, between East 79th and East 80th streets. It offers proximity to some of the city’s top hospitals and medical research centers. The … Read more

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4 Tips to Navigating Challenges in Long Lead Times

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By Tom Rossi Labor shortages. Escalating costs. Supply chain delays. The issues that once caught construction teams off guard are now part of the planning and preconstruction process. Companies have not only been forced to do more with less, but they have also had to do it without sacrificing cost or schedule — and the field is where many teams feel the biggest impacts. While navigating the continued challenges of lead times for materials requires a complex approach, it’s the simple principles — combined with technology — proving successful for project teams in today’s environment. The following are four tips … Read more

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STRABAG Tapped to Build New Czech Bank Česká Spořitelna Headquarters in Prague

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STRABAG SE’s Czech subsidiary STRABAG a.s. will construct the new headquarters of Česká spořitelna in Prague’s Smíchov district (Czech Republic) in a consortium of which it’s a leading member. The complex, consisting of four buildings with a usable area of 75,000 square meters, will intersect the main boulevard with a public passageway where shops, cafés and a multifunctional auditorium with a capacity of 380 visitors will be located. The auditorium will be complemented on the exterior by an outdoor grandstand for 150 spectators. The complex will not only serve as the new headquarters of the bank, but is also intended … Read more

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Shamal Holding Appoints Contractor for Delivery of Nad Al Sheba Gardens Mall in Dubai

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With a contract value of circa AED $80 million (circa £17.25m), the Nad Al Sheba Gardens Mall project, appointed to McLaren Construction by Shamal Holding, consists of the full construction and fit-out of public areas of the two-story retail and F&B mall, with an overall built-up area — around 12,600 square meters — located in the heart of a growing residential neighborhood in Dubai. The project not only follows the UAE’s ambition to be the best place to live, but for the rising demand for smaller retail outlets and community-focused shopping centers in developing areas of exclusive residential neighborhoods. McLaren will … Read more

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