Neenan Archistruction Breaks Ground on New Facility for Respite Care, Doubling Space Available to Serve Families

Neenan Archistruction, a Design-Build firm specializing in construction solutions, has announced the groundbreaking of Northern Colorado’s new facility for Respite Care, Inc. Respite Care is a nonprofit organization dedicated to providing short-term, quality care for children with developmental disabilities and respite for their families. This significant expansion will double the organization’s space, allowing it to better support families across Northern Colorado. Currently serving 65 children at a time and providing nearly 50,000 hours of childcare annually, Respite Care’s expanded building space will enable them to extend their reach and provide peace of mind to more than 150 families at a time. … Read more

Filed under: News, ProjectsTagged with: ,

Construction Materials Prices Increase .6%, Steel Surges Nearly 4% in February

Construction input prices increased .6% in February, 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 .6% for the month. Overall construction input prices are .3% higher than one year ago, while nonresidential construction input prices are .1% lower. Iron and steel, steel mill product and softwood lumber prices all increased sharply in February. “Nonresidential input prices increased at a rapid pace in February and have risen at a far-too-hot 9% annualized rate through the first two months of 2025,” said ABC Chief Economist Anirban … Read more

Filed under: Economic NewsTagged with: , ,

Gilbane-Flintco Celebrates the Unveiling of Convention District Transformation Project

Mayor John Whitmire has announced the landmark project to revitalize the George R. Brown Convention Center at a press conference hosted by Houston First Corporation. Team members from Hines, Gilbane Building Company, Flintco Construction and Populous joined community members and city officials to commemorate the upcoming development. For almost 40 years, the GRB has been a mainstay in the city’s events landscape. The convention center currently hosts more than 30 major conventions, with an additional 200 events annually. The new structure and surrounding spaces are expected to bring in millions of dollars in new revenue to the Houston economy, further … Read more

Filed under: News, ProjectsTagged with: , , ,

ABC’s Construction Backlog Indicator Inches Lower in February

Associated Builders and Contractors reported that its Construction Backlog Indicator fell to 8.3 months in February, according to an ABC member survey conducted Feb. 20 to March 5. The reading is up 0.2 months since February 2024. Backlog fell on a monthly basis for contractors with less than $100 million in annual revenues while increasing sharply for contractors with greater than $100 million in annual revenue. Those largest contractors have also accounted for the majority of the increase in backlog observed over the past year. ABC’s Construction Confidence Index reading for staffing improved, while the reading for profit margins declined. … Read more

Filed under: Economic NewsTagged with: ,

ABC: Construction Employment Growth Strong in February

The construction industry added 19,000 jobs on net in February, according to an Associated Builders and Contractors’ analysis of data released by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has increased by 174,000 jobs, an increase of 2.1%. Nonresidential construction employment increased by 6,200 positions on net, with growth in all three subcategories. Heavy and civil engineering added the most jobs, increasing by 2,500 positions, followed by nonresidential specialty trade, which added 2,000 jobs. Nonresidential building added 1,700 jobs last month. The construction unemployment rate rose to 7.2% in February. Unemployment across all industries increased … Read more

Filed under: Economic NewsTagged with: , ,