Healthy Growth Expected for Nonresidential Construction Market

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WASHINGTON, D.C. — Despite the adverse weather conditions that curtailed design and construction activity in the first quarter of the year, the overall construction market has performed extremely well to date. The greatest amount of activity was seen in the building of commercial properties — most notably offices and hotels — with an unusually high spike in manufacturing construction spending triggered by the surge in domestic oil and natural gas production.   The American Institute of Architects" semi-annual Consensus Construction Forecast, a survey of the nation's leading construction forecasters, is projecting that spending will see a nearly nine percent increase … Read more

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Construction Employment Declines Year-Over-Year Amid Highway, Transit Funding Uncertainty

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Construction employment declined in 127 metro areas, was stagnant in 51 and increased in 180 between June 2014 and June 2015, according to a new analysis of federal employment data recently released by the Associated General Contractors of America. Association officials noted that the declines come as the House and Senate struggle to enact legislation to extend federal transportation investments beyond the July 31 expiration of the current program. “It is hard for construction firms to invest in new employees if they don’t know what business conditions will be like for the rest of the year,” said Ken Simonson, the … Read more

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New Study Measures High Impact from BIM on the Success of Complex Projects

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NEW YORK, N.Y. — Complex construction projects such as hospitals, laboratories, airports and high-tech manufacturing have the greatest risk for costly problems, but a new study by Dodge Data & Analytics, conducted with the partnership and support of the U.S. Department of Veterans Affairs, demonstrates that the use of BIM has a high impact on reducing the risks and increasing the success of these projects. To download the new study, “Measuring the Impact of BIM on Complex Buildings SmartMarket Report,” visit http://analyticsstore.construction.com/Complex_BIM?sourcekey=PRESREL.Owners, architects, engineers and contractors with significant BIM experience rated the impact of BIM on 23 separate complex project … Read more

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Skanska USA Announces 99M Office Development in Washington, D.C.

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WASHINGTON, D.C. — Skanska USA Commercial Development has plans to start speculative development of 99M, an 11-story, 234,000-square-foot Class A office building with ground-floor retail/restaurant space in Washington's Capitol Riverfront submarket. Skanska is self-financing 100 percent of the development costs. Skanska will also serve as the construction manager of 99M with construction scheduled to begin later this summer and will deliver in the fourth quarter of 2017.Located at the corner of   First and M Streets Southeast, 99M will include approximately 220,000 square feet of office space, with approximately 11,000 square feet of retail/restaurant space on the ground floor. 99M … Read more

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Hensel Phelps Awarded Phase I of National Mall Rehab Project

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Hensel Phelps’ Mid-Atlantic district office was recently awarded Phase 1 of the Constitution Gardens rehabilitation project on behalf of the Trust for the National Mall in Washington, D.C. The Trust for the National Mall operates as a nonprofit partner of the National Park Service and will wholly fund and manage the project. The Constitution Gardens project is a 38-acre site located on the National Mall in Washington, D.C., bordered by Constitution Avenue, the Lincoln Memorial Reflecting Pool and the Vietnam Veterans Memorial. The Phase 1 portion of the project will be focused on the northeast corner and edge of the … Read more

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