Marcum Construction Index Shows Industry Holding Steady in COVID-19 Economy

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The Marcum Commercial Construction Index for the second quarter of 2020 reports the industry is holding relatively well in the face of the COVID-19-driven recession. Construction employment has rebounded since plummeting in March and April, and the industry’s unemployment rate stands at 8.9%, below the 10.2% rate observed across all industries. The index is produced by Marcum’s National Construction Services group. “The data indicate that construction has recovered faster than any other major economic segment. Over the three-month period ending in July, the industry recovered 59% of the jobs lost in March and April,” wrote Anirban Basu, author of the … Read more

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NCCER, BYF Announce Sixth Annual I Built This! Video Contest

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The sixth annual I BUILT THIS! video contest, presented by NCCER and Build Your Future, is now open. Designed to promote the value of craft skills and construction as an industry of choice, the contest encourages secondary and post-secondary students and trainees to showcase their building projects. For the first time ever, the 2020 I BUILT THIS! video contest has a special theme: Construction is Everywhere! This year has brought some unique circumstances into the lives of students, trainees and instructors. But while education and training may look and feel different, construction remains critical to our future. Students are invited … Read more

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Hilmerson Safety Awarded MN Company to Watch

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Women make an impact across Minnesota’s construction industry on jobsites and behind the scenes. These construction leaders were recognized at the Finance & Commerce inaugural Top Women in Construction awards, where Hilmerson Safety received the Top Women in Construction 2020: Companies to Watch award. Women are recognized in six categories for their innovative approaches to industry development, community involvement and business integrity. Finalists are named in the categories of industry leadership, outstanding tradesperson/craftswoman, outstanding project management/estimating, companies to watch, outstanding service to the profession and professional services.

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First Multifamily Modular Construction Project Delivered in Washington, D.C. Petworth Area

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The Modular Mobilization Coalition recently delivered the first multifamily modular construction project in the Petworth area of Washington, D.C. The Petworth Modo project consists of 44 modular units that will be stacked into a five-story building containing 16 apartments. The building is anticipated to be move-in ready by the end of 2020. The modular project is expected to be completed in 10 months, compared to a 12-16-month timeline using traditional site-built construction methods. The MMC is a collaboration of modular manufacturers who collectively service developers nationwide. The national network of 15 modular construction companies is the first of its kind … Read more

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New 19-Story, 278,000-SF Luxury Senior Living Community in Atlanta ‘Bottoms Out’

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Heartis Buckhead, a 19-story, 278,000-square-foot luxury senior living high-rise in the Buckhead area of Atlanta, Georgia, has bottomed out following the completion of extensive excavation and shoring activities on the below-grade portion of the project’s parking deck. Heartis Buckhead will feature 213 spacious apartments and a wide variety of amenities. “It’s typical to celebrate topping out high-rise buildings, but our project had a long and complex excavation that was worthy of noting,” says Project Manager Pax Herrin of the Atlanta office of Brasfield & Gorrie, the general contractor responsible for overseeing project construction. Caddis is the healthcare real estate development … Read more

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