USGBC, Dodge Release World Green Building Trends Report 2016

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WASHINGTON, D.C. – The U.S. Green Building Council and Dodge Data & Analytics partnered to release World Green Building Trends 2016 SmartMarket Report. The new report, conducted in nearly 70 countries, demonstrates that global green building continues to double every three years. The report also finds emerging economies like Brazil, India, Saudi Arabia and South Africa will be engines of green growth, with development varying from two-fold to six-fold over current green building levels. “International demand for green building, due in great part to the LEED green building program’s global popularity, has grown steadily over the years,” said Rick Fedrizzi, … Read more

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Liberty Center Completed On Time, On Budget

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BIRMINGHAM, Ala. – After an intense and compressed 18-month construction schedule, Hoar Construction completed the $146-million Liberty Center, a high-end mixed-use development that includes apartments, office space, retail and dining options off I-75 between Cincinnati and Dayton, Ohio. The 1.1-million-square-foot project has 600,000 square feet of retail space, including Dillards and Dicks’ Sporting Goods department stores, many specialty retailers such as Forever 21 and restaurants including Kona Grill. The development includes 100,000 square feet of Class A office space, a 130-room AC Hotel by Marriott, 220 luxury residential multifamily units and a 60,000-square-foot 14-screen movie theater featuring upscale dining. Liberty … Read more

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National Safety Stand-Down Highlights Importance of Fall Prevention

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WASHINGTON, D.C. – The U.S. Department of Labor’s Occupational Safety and Health Administration and other federal safety agencies recently announced they have designated May 2-6 for the third annual National Safety Stand-Down. The event is a nationwide effort to remind and educate employers and workers in the construction industry of the serious dangers of falls – the cause of the highest number of industry deaths in the construction industry. OSHA, the National Institute for Occupational Safety and Health and the Center for Construction Research and Training are leading the effort to encourage employers to pause during their workday for topic … Read more

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Construction Spending Forecast at 9.7 Percent Growth in 2016

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PROVIDENCE, R.I. – Gilbane Building Company has released its winter economic report: Building for the Future Construction Economics: Market Conditions in Construction, which provides an overview of 2015-2016 trends that impact growth, spending and the labor market that shape the construction industry. The report shows that this may end up the most active three-year period of growth in construction in more than 20 years, having been ongoing since 2013-2014 periods. With the forecast for 2016 taken into account, spending growth could reach a new three-year high. For those expecting growth, the nonresidential buildings construction boom could become an historic expansion. … Read more

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Construction Finished on Rock Chapel Marine Headquarters

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WOBURN, Mass. – Tocci Building Companies has completed construction of the new Rock Chapel Marine headquarters, located at 99 Marginal Street in Chelsea, Massachusetts, on behalf of owner Eastern Salt Company. The former 13-million gallon oil tank farm site has been transformed into a two-story, high-end office facility for Rock Chapel Marine. Tocci utilized its Highly Collaborative Project Delivery to provide preconstruction, design and construction management services. Working closely with architect Landing Studio and engineering consultant DiPrete Engineering, the project team delivered the highly efficient, architecturally attractive and ‘right-sized’ solution for Rock Chapel Marine. The site of the headquarters, located … Read more

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