Hudson Meridian Construction Group, Paredim Partners Embark on 398-Unit Development in New Haven’s Science Park

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An affiliate of Hudson Meridian Construction Group has obtained construction financing to fund the development of a six-story, 398-unit multifamily community at 201 Munson Street in the growing Science Park section of New Haven, Connecticut. This community will offer a flexible unit mix including 90 studios, and 208 one-bedroom units, 78 two-bedroom units and 22 three-bedroom townhome-style units. Select homes will contain additional “live/work” spaces and many layouts will have outdoor spaces. The project will also feature a richly styled, amenity offerings, including a clubhouse and fitness center building, sprawling recreational roof deck with several grilling and dining areas, a variety of … Read more

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Construction Employment Exceeds Pre-Pandemic Peak in 32 States in April

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Construction employment exceeded pre-pandemic levels in 32 states in April, according to a new analysis of federal employment data released by the Associated General Contractors of America. Association officials cautioned, however, that record high job opening levels in the construction sector indicate that many firms are having a hard time finding workers to hire, putting future job gains at risk.   Ken Simonson, the association’s chief economist noted that government data from the monthly job openings and labor turnover survey show that there were 415,000 job openings in the construction industry at the end of March. That was the highest … Read more

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NCCER and BYF Congratulate 2022 NTHS Scholarship Winners

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The National Center for Construction Education and Research and Build Your Future in conjunction with The National Technical Honor Society are recognizing recipients of this year’s scholarship. The NCCER & BYF/NTHS Scholarship can help bridge the skills gap in the construction industry by providing financial help to those seeking craft training. Recognizing that both nonprofit organizations have a shared interest in supporting students who have chosen a career and technical education pathway, NTHS and NCCER partnered in 2018 to provide a unique scholarship opportunity that supports students who plan to continue their education in a construction pathway. Scholarship winners are … Read more

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Nonresidential Construction Input Prices Soar 21% From April 2021 to Last Month

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Prices of materials and services used in new nonresidential construction leaped nearly 21% in April from year-ago levels, according to an analysis by the Associated General Contractors of America of government data. The association urged the Biden administration to provide relief to hard-hit employers by ending tariffs on key construction materials and reconsidering its recently proposed buy America regulations that will make it harder for firms to find and pay for key construction materials.   “Nonresidential contractors have endured 12 months of 20% increases in the cost of items they need to build projects,” said Ken Simonson, the association’s chief … Read more

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BTEA New York Promotes Construction Safety with National Industry Forum

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The Building Trades Employers Association held its second-annual SAFEBUILD National Industry Forum. The interactive sessions offered insights from experts on handling worker impairment, creating an effective safety culture, navigating the industry post-pandemic, and more. During the forum, representatives from the Occupational Safety and Health Administration and New York City Department of Buildings delivered the NYC Construction Incident Report for 2020-21, announcing that building construction-related incidents in the city have continued to decrease in 2021, dropping another 10% compared to 2020, and over 40% since 2018.

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