Framing Complete for 1M-Square-Foot Development in Missouri

  • Posted on

McCarthy Building Companies completed the framing of Forsyth Pointe, a nearly 1-million-square-foot mixed use development occupying an entire square city block in Clayton, Missouri. The development by US Capital Development features two steel-framed, all glass Class A office towers with street-level retail space offering spectacular views of the adjacent 30-acre Shaw Park. Highlights include Commerce Bank Tower, a 10-story, 265,000-square-foot high-rise, as well as an 8-story, 210,000-square-foot west tower. In addition, the development includes more than 20,000-square-feet of street-level retail space and a seven-level (1,250 car) parking structure connecting both towers and extending 2.5 levels underground. Designed to achieve LEED … Read more

Filed under: Projects

Gilbane Building Company Breaks Ground on Two K-12 Projects in Massachusetts

  • Posted on

Gilbane Building Company broke ground on the new Florence Roche Elementary School in Groton, Massachusetts and the West Elementary School/Shawsheen Pre-School in Andover, Massachusetts. The New West Elementary School and Shawsheen Pre-School On June 3, local and state officials joined representatives from the Andover School District, the Massachusetts School Building Authority, PMA Consultants, Gilbane Building Company, and SMMA, to celebrate the official groundbreaking ceremony for the new 170,000-square-foot West Elementary School and Shawsheen Pre-School. Set to be built directly behind the existing West Elementary School, with less than 30 feet between the new and old foundations, the site is also … Read more

Filed under: ProjectsTagged with: ,

Construction Input Prices Are Up 21% From a Year Ago, Says ABC

  • Posted on

Construction input prices rose 2.3% in May compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics Producer Price Index data. Nonresidential construction input prices also increased 2.3% for the month. Construction input prices are up 21.4% from a year ago, while nonresidential construction input prices are 21.9% higher. Input prices rose in 10 of 11 subcategories in May. The largest price increases were in natural gas (+39.7%) and unprocessed energy materials (+16.3%).

Filed under: Economic NewsTagged with:

ABC’s Construction Backlog Rises; Contractor Confidence Falters

  • Posted on

Associated Builders and Contractors reported that its Construction Backlog Indicator increased to nine months in May from 8.8 months in April, according to an ABC member survey conducted May 17-June 3. The reading is up one month from May 2021. Backlog in the infrastructure segment jumped from 8.7 months in April to 9.3 months in May, and the Northeast and South regions continue to outperform the middle states and the West. Contractors with more than $100 million in annual revenues enjoyed the highest backlog, at 13.2 months. ABC’s Construction Confidence Index readings for sales, profit margins and staffing levels declined … Read more

Filed under: Economic NewsTagged with:

CRATE Modular Partners with Education Facilities Group to Construct New Modular Education Building in Los Angeles

  • Posted on

CRATE Modular announced a collaboration with Education Facilities Group to manufacture the modules that will comprise a 23,000 square-foot facility for the Girls Athletic Leadership School in Los Angeles, California. The new GALS LA two-story educational building will feature 17 classrooms constructed from repurposed shipping containers that feature open space with abundant natural light and full-height glazing. GALS LA is an all-girls charter school that takes a holistic approach to development, recognizing a connection between a healthy mind and body. The school integrates health and wellness by providing a curriculum addressing physical, emotional and psychosocial needs of female students. CRATE … Read more

Filed under: ProjectsTagged with: ,