Pinnacle Winners Enhance The Carolinas Construction Industry

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CHARLOTTE, N.C. – Carolinas AGC recently bestowed the 2016 Pinnacle Awards to four construction projects which enhance their communities, and the “Build with the Best” Pinnacle Award to an individual whose partnership with the construction industry helped pull South Carolina out of mass turmoil. Pinnacle entries are judged on unique aspects and challenges, special values, project management, budget and schedule and safety performance. Pinnacle winners enhance the Carolinas and advance the construction industry. For detailed information and photos, visit the CAGC Pinnacle Awards page here. Best Building Project $5 Million and Over Duke University Chapel Restoration, Durham, North Carolina General Contractor: Romeo Guest Associates The Chapel at Duke University is a unique sight … Read more

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Completion of Freedom Center Adds to South Huntsville Revitalization Efforts

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Turner Construction Company has completed the Freedom Center in southeast Huntsville, Alabama. Freedom Real Estate and Capital developed the Freedom Center using previously acquired properties at 4090 South Memorial Parkway and 4035 Chris Drive as the cornerstones. The project is part of an effort to revitalize South Huntsville. The city of Huntsville has been working to reclaim, modernize and upgrade Memorial Parkway to encourage investment and redevelopment in the area. The Freedom Center, which is now home to Torch Technologies, Inc., will serve as a hub for business close to Redstone Arsenal. The project was broken up into three phases. … Read more

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Annual Ranking Reveals Top 10 States for LEED Green Building

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WASHINGTON, D.C. – The U.S. Green Building Council recently announced the Top 10 States for LEED, an annual ranking that highlights states throughout the United States that made significant strides in sustainable building design, construction and transformation over the past year. Topping the list is Massachusetts, which moved from third to first place with a total of 136 LEED certified projects representing 3.73 square feet of certified space per resident. Now in its seventh year, the ranking assesses the total square feet of LEED-certified space per resident based on U.S. Census data and includes commercial and institutional green building projects certified during 2016. Illinois and Colorado are … Read more

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AIA Reports Healthy Outlook for Nonresidential Construction Market

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WASHINGTON, D.C. – With construction spending continuing on an upward trajectory, 2016 can be considered a successful year for the nonresidential building sector.  For the coming year, the American Institute of Architects semi-annual Consensus Construction Forecast is projecting growth in overall nonresidential building spending of almost 6 percent, just below the pace of growth for 2016. The commercial construction sectors – retail, office and hotel – will continue to lead the building recovery, while industrial construction is projected to see almost no increase this year. For 2018, the institutional construction sectors will generate much of the growth, particularly the large … Read more

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Construction Unemployment Rates Improve in 26 States Year-Over-Year, ABC Says

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WASHINGTON, D.C. – December not seasonally adjusted construction unemployment rates were down in 26 states and the nation on a year-over-year basis, according to an analysis released by Associated Builders and Contractors. The rates for two states, Iowa and Wisconsin, were unchanged from December 2015. The national NSA construction unemployment rate of 7.4 percent was down 0.1 percent from a year ago, according to data from the U.S. Bureau of Labor Statistics. The national NSA construction unemployment rate has fallen from the previous year’s reading every month since October 2010. Since these industry-specific rates are not seasonally adjusted, it is … Read more

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