Nonresidential Spending Inches Lower in July, June Data Upwardly Revised to Eight-Year Record

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WASHINGTON, D.C. – Nonresidential construction spending inched 0.3 percent lower in July largely due to a significant upward revision to June’s spending figure, according to analysis of U.S. Census Bureau data recently released by Associated Builders and Contractors. Nonresidential spending totaled $701.4 billion on a seasonally adjusted annualized basis in July, the second highest month since November of 2008, right behind June, which was revised upward from $682 billion to $703.5 billion. Public nonresidential spending continued to falter, declining 3.2 percent for the month and 6.5 percent for the year. “A number of factors have suppressed nonresidential construction spending over … Read more

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Clark Celebrates Milestone on the Office of the Chief Medical Examiner Project

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SAN FRANCISCO, Calif. – After nearly a year of construction, Clark has completed the steel structure for San Francisco, California’s new Office of the Chief Medical Examiner in the city’s Bayview neighborhood. San Francisco Mayor Ed Lee, city officials and local residents watched as the final beam of the two-story, 46,000-square-foot building was hoisted into place. Clark is working hand-in-hand with San Francisco Public Works and KMD Architects to deliver the state-of-the-art facility. From the project’s outset, the team committed to meeting local hiring and small business requirements. San Francisco residents make up 30 percent of the project team. Additionally, … Read more

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VIΛ Courtscraper Completes Construction in New York City

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VIΛ 57 West, designed by BIG-Bjarke Ingels Group for the Durst Organization, introduces a new typology to New York City: the Courtscraper. The 830,000-square-foot high-rise combines the density of the American skyscraper with the communal space of the European courtyard, offering 709 residential units with a lush 22,000-square-foot garden at the heart of the building. VIΛ occupies nearly a full city block at the corner of West 57th Street and the West Side Highway, with uninterrupted views towards the Hudson River Park and the waterfront. The Durst Organization commissioned BIG to design a building for the site in the spring … Read more

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July Construction Unemployment Rate Lowest Since 2000

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WASHINGTON, D.C., — In July, not seasonally adjusted construction unemployment rates improved in 43 states and the nation, adding 209,000 workers on a year-over-year basis, according to an analysis of Bureau of Labor Statistics data released by Associated Builders and Contractors. The national NSA construction unemployment rate of 4.5 percent was 1 percent lower than a year ago, the lowest July rate since 2000 when it was 4.4 percent. “The drop in the construction unemployment rate from July 2015 adds yet another month to the unbroken monthly series of year-over-year rate decreases that started in October 2010,” said economist Bernard … Read more

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Gilbane Begins Construction of Luxury 1000 Park Avenue Project

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ATLANTA, Ga. – This signature high-rise residential tower—1000 Park Avenue—will be located in the heart of the Buckhead neighborhood of Atlanta, Georgia. Gilbane Building Company is serving as the construction manager for Wood Partners. The 27-story luxury tower will offer 267 units of apartments and four stories of parking with podium-level parking deck and private garage options. The tower will offer a mix of one-, two- and three-bedroom units. The high-end, upscale finishes feature European-style cabinets with granite counters, undermount stainless steel sinks, plank flooring, modern lighting fixtures throughout and ceramic tile tub surround. Community amenities include an elevated outdoor … Read more

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