Construction Begins on New High-Rise in Chicago’s South Loop Neighborhood

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CHICAGO, Ill. – Construction is officially underway on a new 47-story apartment tower at 1326 S. Michigan Avenue in Chicago, Illinois’ South Loop neighborhood. Being built by Walsh Construction, and designed by Solomon Cordwell Buenz, the tower will contain 500 luxury rental units, 7,500 square feet of retail and 188 parking spaces. The design features a unique glass façade and a wide range of amenities including co-working space, library, lounge, dog park, green spaces, a spa and rooftop pool. The apartment tower is being developed by Murphy Development Group and CIM Group. The structure is slated to open in mid-2019 … Read more

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Gilbane Building Company Opens New Office in Tampa

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TAMPA, Fla. – Gilbane Building Company has opened a new office in downtown Tampa, Florida. The new office will be led by Vice President Tim Hensey who heads up Gilbane’s Southwest area of Florida. This serves as the seventh office for Gilbane in Florida which joins offices in Sarasota, Fort Myers, Jacksonville, Orlando, Gainesville and Jupiter. The location allows the company to better serve clients and partners and deliver safe, quality projects through innovative solutions, Lean construction and proven best practices. The new office, which is located at 100 South Ashley Drive, in the heart of downtown Tampa, will foster … Read more

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AECOM Celebrates MGM Springfield Casino Topping Off

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SPRINGFIELD, Mass. – MGM Springfield recently celebrated the topping off of the casino resort, located in Springfield, Massachusetts, by placing the final curved steel beam atop what will be the hotel rotunda along Main Street. This significant construction milestone comes as the much-anticipated resort moves toward its opening in 2018. MGM Springfield is set to become a premier destination in New England for entertainment, dining, retail, gaming and much more. Covering three city blocks, MGM Springfield will combine new construction and revived historic buildings to introduce a vibrant entertainment and tourism district to downtown Springfield. Touting a street-facing design, the … Read more

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Brasfield & Gorrie Launches New Virtual Design + Construction Website Content

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Brasfield & Gorrie is launching a new interactive Virtual Design + Construction section of the company’s corporate website. This content is designed to provide information about Brasfield & Gorrie’s use of innovative construction technology solutions that are transforming the way the company approaches planning, design and construction. View the site here: https://www.brasfieldgorrie.com/services/virtual-design-construction/.

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Construction Input Prices Moderate in March, Energy Prices Down

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WASHINGTON, D.C. — Construction input prices rose for the fourth consecutive month in March, increasing by .3 percent on a monthly basis and 4.4 percent on a yearly basis, according to analysis of U.S. Bureau of Labor Statistics data recently released by Associated Builders and Contractors. Nonresidential construction input prices performed similarly, increasing by .4 percent for the month and 4.4 percent for the year. Energy-related inputs experienced a sharp decline in prices for the month, with natural gas prices decreasing by 30 percent and crude petroleum prices falling by 10.8 percent. That said, those two inputs have increased by … Read more

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