Dodge Momentum Index: Nonresidential Planning Activity Remains Historically Elevated

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The Dodge Momentum Index , issued by Dodge Construction Network, decreased 1% in November to 179.2 (2000=100) from the revised October reading of 181.7. Over the month, the commercial and institutional components both fell 1%. “While both portions of the Momentum Index saw slower momentum in planning, overall levels remain steady and will support construction spending in 2024 and 2025,” stated Sarah Martin, associate director of forecasting for DCN. “Nonresidential planning activity will remain constrained from stronger growth amidst ongoing labor and construction cost challenges.” Excluding data center activity, all commercial segments saw declines in November. On the institutional side, … Read more

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Turner, JV Partner Walsh Construction Top Out $900M Hospital Project

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Turner Construction Company and Joint Venture partner Walsh Construction celebrated the topping out of the $900-million Louisville VA Medical Center in Louisville, Kentucky. The ceremony was attended by Kentucky Governor Andy Beshear, other state and local officials, and representatives of the Department of Veterans Affairs and the US Army Corps of Engineers. The Louisville VA Medical Center will offer 104 beds to care for the 45,000 veterans in the area. It will include a Women’s Health Clinic, a utility plant and parking structures. The main hospital facility will consist of two buildings connected by an atrium-like concourse. The 910,000-square-foot project … Read more

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Construction Completes of $18-Million Base Camp at Talisker Club

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Big-D Signature, along with Storied Deer Valley and Swaback Architects + Planners, has completed the Base Camp at Talisker Club in Kamas, Utah. This 25,000-square-foot mountain-contemporary hospitality lodge represents family-oriented luxury within the private communities of Tuhaye and Empire Pass. Base Camp is a multi-use facility designed to bring the community together. Located adjacent to the existing Tuhaye Clubhouse, this remarkable establishment offers a variety of upscale amenities, which include casual dining and soda bar, golf and game simulators, bowling lanes, basketball and pickleball courts. Additionally, and possibly one of the most innovative aspects of Base Camp is the new … Read more

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New Arizona State University-Owned Parking Structure Opens

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Construction completed on the $42-million, six-level, 429,000-square-foot Mill Avenue Parking Structure for Arizona State University in Tempe, Arizona. The new parking structure, a design-build partnership between DFDG Architecture and general contractor McCarthy Building Companies, adds 1,205 parking spaces to the busy area and provides designated valet parking for the Omni Tempe Hotel at ASU, as well as for events at the Nelson Fine Arts Center and Gammage Auditorium. To enhance the exterior look, the parking structure’s north and south faces feature a vertical metal screen composed of thin blades set at various angles for a distinctive look that is not … Read more

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CAMI Selects Design-Build Team

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The University of Arizona Health Sciences has selected the design-build team of McCarthy + SmithGroup to develop the Center for Advanced Molecular and Immunological Therapies, or CAMI, a biomedical research hub focused on developing biological therapies that stimulate or suppress the immune system to fight disease, located in Phoenix, Arizona. The CAMI building is anticipated to be seven stories tall with more than 200,000 square feet of laboratory, administrative and seminar space. The laboratory space will accommodate up to 40 principal investigator-led research groups and include labs suitable for bioengineering research. November 2024 is the anticipated groundbreaking date for the … Read more

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