MINNEAPOLIS, Minn. — The Minnesota Sports Facilities Authority and the Minnesota Vikings announced Mortenson Construction has been chosen as the construction manager that will build a new multipurpose stadium. The announcement was made at a special meeting of the authority. Final interviews and negotiations were conducted with two firms who submitted proposals: Hunt Construction, based in Scottsdale, Ariz. and Mortenson Construction based in Golden Valley, Minn. “We received proposals from excellent construction companies, and we were lucky to have the best in the business bid on this project,” said Chair Michele Kelm-Helgen. “In the end, we have a great local … Read more
Build Your Future Campaign Launches Craft Labor Map
As part of its efforts to narrow the skills gap in the construction industry, the Build Your Future campaign recently launched an interactive Craft Labor Map. The goal of this new resource is to provide industry recruits and craft professionals with a forecast of the labor demand in industrial and commercial construction. Using data voluntarily provided by owners, contractors and unions by the Construction Labor Market Analyzer, BYF’s Craft Labor Map provides users a craft-by-craft breakdown of the expected demand for craft professionals in each state for the next three years. This data is updated quarterly to ensure that the … Read more
Architecture Billings Index Continues to Improve at a Healthy Pace
WASHINGTON, D.C. — With increasing demand for design services, the Architecture Billings Index is continuing to strengthen. As a leading economic indicator of construction activity, the ABI reflects the approximate nine- to twelve-month lag time between architecture billings and construction spending. The American Institute of Architects reported the February ABI score was 54.9, up slightly from a mark of 54.2 in January. This score reflects a strong increase in demand for design services (any score above 50 indicates an increase in billings). The new projects inquiry index was 64.8, higher than the reading of 63.2 the previous month … Read more
McCarthy Building Companies Completes Construction of CHOC New Bill Holmes Tower
ORANGE, Calif.— Construction is complete on a seven-story patient care tower at CHOC Children’s Hospital in Orange County, Calif., offering a bright new pediatric hospital to help children heal and feel more at ease when ill or injured and need specialized medical attention. Specifically designed for the care of children, the new 425,524-square-foot patient tower will provide leading-edge technology and advanced programs and services in a child-friendly, healing environment when it officialy opens in late March 2013. Built to serve the expanding needs of the region, the new tower is located on the south side of the existing CHOC … Read more
Construction Materials Prices Increase
Prices for construction materials jumped in February, driven by extreme increases in items used in new housing and nonresidential building renovations, according to an analysis of new federal figures released by the Associated General Contractors of America. Association officials said the increased materials prices are hitting contractors struggling to recover from a years-long downturn in construction demand. “For the second month in a row, contractors endured outsized price hikes for gypsum wallboard, lumber and insulation materials,” said Ken Simonson, chief economist for the construction trade association. “In addition, soaring diesel prices mean contractors are paying more for fuel they buy … Read more