NYR. Facade in Final Stages for World Trade Center Project

NYR. Façade is close to finalizing the spectacular World Trade Center Marriott Project at 133 Greenwich Street in New York. The WTC Marriott was designed from the creative vision of Danny Forster with Peter Poon as architect of record. The location, in the middle of the financial district and facing the Freedom Tower, provides astounding views of the 9/11 Memorial and beyond for guests of the hotel and visitors of the rooftop lounge. The slender, streamlined 31-story tower, which cantilevers eight feet over the adjacent five-story, building features quality façade elements that provide a pleasing visual presence in the downtown … Read more

Filed under: Projects

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

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

Filed under: Economic NewsTagged with: , ,

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

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

Filed under: ProjectsTagged with: , ,

VIΛ Courtscraper Completes Construction in New York City

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

Filed under: ProjectsTagged with: , ,

July Construction Unemployment Rate Lowest Since 2000

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

Filed under: Economic NewsTagged with: ,