Construction Adds 110K Jobs in March, ABC Says Here Comes Tsunami of Growth

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The construction industry added 110,000 jobs in March, according to an Associated Builders and Contractors analysis of data released by the U.S. Bureau of Labor Statistics. The industry has added 931,000 jobs since April 2020, recovering 83.6% of the jobs lost during earlier stages of the COVID-19 pandemic. The construction unemployment rate fell to 8.6% in March from 9.6% in February, but it is still 1.7 percentage points higher than in March 2020. Unemployment across all industries declined from 6.2% in February to 6.0% in March. A significant percentage of the job growth was registered in nonresidential construction, which added … Read more

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47-Story Office Tower Tops Out in Houston

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The 47-floor Texas Tower, located in Houston, recently topped out. The project team includes Gilbane Building Company with team members from Hines Limited Partnership and Ivanhoé Cambridge and architect Pelli Clarke. The new tower will be an impressive addition to the Houston skyline and will total more than 1 million square feet. It consists of office space, an above- and below-grade parking structure, tunnel connections, outdoor gardens and terraces, networking spaces, full-service conference facility, fitness center and dramatic lobby with influence from the hospitality sector, among other amenities. The project is being built to the highest standards, including LEED Platinum, … Read more

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Expansion, Renovation Underway at Florida Heart Associates

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An expansion and renovation project is underway at Florida Heart Associates in Fort Myers, Florida. The project team includes Stevens Construction and PRA. Stevens Construction is providing a complete interior renovation of the two-story, 25,374-square-foot building, which includes an upgrade of all exam rooms, nurse stations, offices, lobby and the cardiac PET equipment. The general contractor is also expanding the existing building with the new construction of an ambulatory surgery center. Slated for completion in summer of 2021, the multi-phased project will be licensed by the Agency for Healthcare Administration. Florida Heart Associates will remain occupied and operational during construction, … Read more

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Construction Employment Rebounds in March, Rising Costs + More Threaten Outlook Says AGC

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Construction employment climbed by 110,000 in March as the industry recovered from severe winter weather that pushed employment down by 56,000 in February, according to a recent analysis by the Associated General Contractors of America of government data. Association officials said they were encouraged by the recent job gains and the potential for new infrastructure investments. But they cautioned that rising prices and erratic delivery schedules for key construction materials — as documented in their recent Construction Inflation Alert – and continued project cancellations could undermine the sector’s recovery. “The rebound in March is certainly good news, but contractors face … Read more

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Construction Complete on Carter Park Warehouse Distribution Center in Fort Worth

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Construction was recently completed on Carter Park warehouse distribution center, located in Fort Worth, Texas, on behalf of Black Creek Group. The speculative industrial development incorporates three distribution/warehouse buildings featuring 250,000 square feet, 231,000 square feet and 88,000 square feet. The project team included general contractor McShane Construction Company and architect Callaway Architecture. The three tilt-wall structures offer 32-foot ceilings, efficient loading dimensions, ample power, ESFR sprinklers and a total of 100 dock doors. The site also features service courts, parking lots, driveways and landscaping. Strategically situated on 29 acres at the interchange of Interstate 35 and Interstate 20, Carter … Read more

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