Construction Topped Out at River Point

  • Posted on

CHICAGO, Ill. – Hines, an international real estate firm, held a ceremony recently to celebrate the topping out of River Point, Chicago, Illinois’ ultra-modern 52-story office tower being developed by Ivanhoé Cambridge, Hines and Levy Family Partners. The 1.1-million-square-foot building is located in Chicago’s West Loop submarket and is designed by Pickard Chilton. River Point will offer world-class architecture and first-class amenities, including a 1.5-acre public park and landscaped river walk, restaurants, a fitness center and extraordinary views of the Chicago River and Lake Michigan. The building has been designed to achieve LEED Gold. General contractor Lendlease raised the final … Read more

Filed under: ProjectsTagged with: , ,

DPR Construction Set to Move its Washington D.C. Area Office in 2016

  • Posted on

WASHINGTON, D.C. – DPR Construction’s Washington, D.C. area office will debut its new Reston, Virginia, location in spring 2016. Relocating from Falls Church, Virginia, DPR will complete the 20,000-square-foot renovation with plans to achieve Net Zero Energy Building Certification from the International Living Future Institute. DPR, along with Architect, SmithGroupJJR, plan to include a new front entrance, multiple skylights, area for a large training room, exercise space, an open-plan workplace, highly efficient mechanical systems, the latest in LED lighting technology and solar panels to achieve energy independence. DPR has previously completed four net-zero energy projects across the country, three of … Read more

Filed under: NewsTagged with: , , ,

Tocci Building Companies Completes Luxurious Residential, Retail Development

  • Posted on

WOBURN, Mass. – Tocci Building Companies has completed work on Waltham Landing located at 431 River Street in Waltham, Massachusetts. Developed by Charles River Place, LLC, the luxury residential project totals 51,000 square feet and features 34 two-bedroom apartment units atop four ground-level retail spaces comprising 8,260 square feet. Each apartment, including the four penthouse units, features an open-concept layout with high-end amenities including granite countertops, stainless steel appliances, kitchen islands, state-of-the-art keyless entry and hardwood floors. Additionally, Waltham Landing features an abundance of on-site amenities such as a fitness/wellness center, designated parking spots, high-quality ground floor retail, electric car … Read more

Filed under: ProjectsTagged with: ,

MC Industrial Promotes Jared Ragsdale to Safety Director

  • Posted on

ST. LOUIS, Mo. — MC Industrial, Inc., an independent McCarthy company, recently announced the promotion of Jared Ragsdale to safety director. He will have the primary responsibility for overseeing MC Industrial’s corporate safety program. As corporate safety director, Ragsdale will oversee all day-to-day planning and administration of MC Industrial’s rigorous safety program, including interim life safety and OSHA compliance company-wide. He will perform safety risk analyses of construction activities with subcontractors and trade workers, and interface with each client’s personnel to ensure all projects are coordinated with the owner’s safety requirements and policies. Joining the company in 2007, Ragsdale most … Read more

Filed under: Movers & ShakersTagged with: , ,

U.S. Building Materials to Benefit from Construction Growth in 2016

  • Posted on

CHICAGO, Ill.—Continued growth in overall construction spending, albeit at a more moderate pace following a strong 2015, supports the stable outlook for the U.S. building and home products and services sector in 2016, according to Fitch Ratings’ 2016 outlook report. Fitch projects construction spending will expand 8 percent next year, driven by continued strength in new home and commercial construction. Fitch also expects modest growth in home improvement and public construction spending. The recent passage of the new $305-billion multi-year highway bill should boost public construction spending, although the positive effect will likely be more evident during the latter half … Read more

Filed under: Economic NewsTagged with: , , ,