Construction Begins on Ally Charlotte Center

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General contractor Brasfield & Gorrie is beginning construction on one of Charlotte, North Carolina’s most anticipated mixed-use projects, Ally Charlotte Center. Developed by Crescent Communities, this uptown property will house Ally Financial as its anchor tenant. Crews have mobilized on the project to construct a 26-story, 742,000-square-foot office tower, as well as an eight-story parking deck. Future plans for the 3.54-acre property include retail space, a large public plaza and a hotel to be constructed and owned by White Lodging. Brasfield & Gorrie is teaming up with Little Diversified Architectural Consulting as the architect-of-record on this project, which is set … Read more

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Dodge Momentum Index Climbs in March

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NEW YORK, N.Y. – The Dodge Momentum Index moved 6.1 percent higher in March, rising to 155.0 (2000=100) from the revised February reading of 146.0. The momentum index is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year. March’s gain was the result of a 9.6 percent increase in the commercial component – more than erasing the 5.1 percent decline it had seen the previous month. The gain in the institutional sector meanwhile was milder, moving 1.6 percent higher, … Read more

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ABC, BCSP Ink Deal to Promote Construction Safety

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Associated Builders and Contractors and the Board of Certified Safety Professionals signed a memorandum of understanding to collaborate on improving occupational safety and health at construction workplaces throughout the United States. The partnership is centered on developing effective prevention strategies and technologies, as well as encouraging students and other professionals to choose occupational safety and health as a career and advance their competency in that field. “ABC is committed to an incident- and accident-free workplace, which we advance through research on best practices, education and benchmarking tools—our Safety Training Evaluation Process,” said Greg Sizemore, ABC vice president of HSE & … Read more

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Contractors Remain Upbeat, According to ABC’s Latest Construction Confidence Index

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WASHINGTON, D.C. – Commercial and industrial construction contractors entered 2018 with abundant confidence regarding sales and staffing levels for the next six months, according to the latest Construction Confidence Index released by Associated Builders and Contractors. All three components surveyed—sales, profit margins and staffing levels—remained well above 50 in the diffusion index, signaling ongoing progress. But the average contractor is less confident about profit margins than they were a year ago. The CCI for sales expectations increased from 66.4 in the first half of 2017 to 67.1 The CCI for profit margin expectations fell from 62.4 to 60.7 The CCI … Read more

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JE Dunn Construction Progresses on 1st Full-Time Technical H.S. in Florida’s Pinellas County

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TAMPA, Fla. – JE Dunn Construction is transforming a career and technical education center built 57 years ago into the first full-time technical high school for Pinellas County Schools in Florida. The $13.2-million project, establishing the Pinellas Technical High School at Seminole, involves constructing a 34,335-square-foot, two-story building with classrooms, administrative offices and kitchen and cafeteria areas; renovating 26,250 square feet of existing classroom and administration building and making site improvements to the 42-acre campus, established in 1961. The new “Tech High” will accommodate enrollment growth and, with its new full-day schedule of classes, augment the curriculum to include the … Read more

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