New Study Finds Green Construction is Major U.S. Economic Driver

  • Posted on

WASHINGTON, D.C. — The green building sector is outpacing overall construction growth in the U.S. and will account for more than 2.3 million American jobs this year, according to a new U.S. Green Building Council  study from Booz Allen Hamilton. The 2015 Green Building Economic Impact Study finds the green building industry contributes more than $134.3 billion in labor income to working Americans. The study also found that green construction’s growth rate is rapidly outpacing that of conventional construction and will continue to rise. By 2018, the study finds, green construction will account for more than 3.3 million U.S. jobs—more … Read more

Filed under: eNews

Korte Begins Work on $46.3M Design-Build Contract for Gateway Inns & Suites

  • Posted on

The Korte Company will begin construction of a new seven-story, 200-guest room Navy Gateway Inns & Suites hotel at Naval Station Newport in Rhode Island. The 103,831-square-foot project also includes the construction of a parking area on the adjacent Lawrence Field, designed for 225 vehicles. When completed in April of 2017, the facility will be the central lodging facility for Naval Station Newport, as well as the main check-in point for all base lodging. Additionally, the building will accommodate the majority of administrative, staff training, maintenance and guest services functions, including an on-premise commercial laundry facility. The facility will be … Read more

Filed under: eNews

Excavation Complete on The Wharf Project

  • Posted on

WASHINGTON, D.C. — Less than a year after breaking ground on the first phase of The Wharf, Clark Construction has completed excavation of the 19-acre site. Washington, D.C. Mayor Muriel Bowser, Delegate Eleanor Holmes Norton and Councilman Charles Allen joined project stakeholders onsite for a ‘bottoming out’ ceremony to mark the occasion. The project team carefully planned the site excavation, building a 2,000-foot-long bulkhead parallel to the Potomac River’s edge to keep out flowing water before removing more than 300,000 cubic yards of dirt away from the shoreline to make way for the mega mixed-use project. Clark’s self-perform division, Clark … Read more

Filed under: eNews

Nonresidential Construction Spending Continues to Grow Through Mid-Summer

  • Posted on

Nonresidential construction spending expanded 0.5 percent in July and is up 12.7 percent on a year-over-year basis, according to a Sept. 1 release by the U.S. Census Bureau. This represents the strongest year-over-year percentage growth in spending since April 2008. On a seasonally adjusted, annualized basis, nonresidential construction spending totaled $696.1 billion in July, which is the best reading since March 2009. Additionally, June's estimate was upwardly revised 0.9 percent from $686.9 billion to $692.8 billion. “A number of forces are at work and are conspiring to help push nonresidential construction spending higher,” said Associated Builders and Contractors Chief Economist … Read more

Filed under: Economic News, eNews

Michael Kaufmann Joins PREMIER Design + Build Group

  • Posted on

ITASCA, Ill. — Michael Kaufmann has recently been hired as an assistant superintendent for PREMIER Design + Build Group, LLC, with a focus on  projects in the firm’s Northeast division. Kaufmann has worked as a builder and developer in New Jersey since 1983. He has served as a facility and site manager for the past seven years, taking on an increased workload and managing successful projects for a variety of clients. Kaufmann is key in the construction of a new 263,415-square-foot industrial spec building underway in Union, New Jersey. In this role, he is helping turn an 18-acre site with … Read more

Filed under: eNews, Movers & Shakers