Lend Lease Starts Construction on Trump International Hotel in D.C.

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WASHINGTON, D.C. — Lend Lease has been selected by The Trump Organization to provide construction management services for Trump International Hotel, Washington, D.C. Demolition began in September, commencing the $200-million redevelopment of The Old Post Office into what will be one of the newest additions to the rapidly growing Trump Hotel Collection. The transformation of the iconic national landmark on Pennsylvania Avenue, which will preserve the architectural character and integrity of the building, is scheduled to be complete in mid-2016. Trump International Hotel, Washington, D.C., will feature 272 richly furnished guestrooms, averaging more than 600 square feet, making them the … Read more

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Cherokee CRC Achieves Premier Mark of Achievement in Green Building at Riverside Indian School

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TULSA, Okla. — Cherokee CRC, a division of Cherokee Nation Businesses, has been recognized for its efforts in green building. The company recently completed construction of two new dormitories at Riverside Indian School in Anadarko, Oklahoma, which received LEED Silver certification from the U.S. Green Building Council. “Achieving LEED accreditation is wonderful recognition of our team's commitment to building in a sustainable manner and our ability to innovate and excel in green construction methods,” said Cheryl Cohenour, president of CCRC. “I am proud of our CCRC team, designers and subcontractors for their contributions to this achievement and am thankful for … Read more

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Gilbane Selected to Construct New Dearborn 6-12 STEM/Early College Academy

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BOSTON, Mass. — Mayor Martin J. Walsh and the City of Boston have selected Gilbane Building Company to provide construction management at-risk services for the construction of their first new school building in more than a decade. The project award was made to Gilbane in association with Janey Construction Management. The project will be collaboration between the COB Property and Construction Management Department, Jonathan Levi Architects, Daedalus and Gilbane. Funding for the project will come from the city of Boston and the Massachusetts School Building Authority. “The new Dearborn school is a tremendous economic opportunity for the city of Boston … Read more

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Recovery for Construction Industry Projected to Result in Solid Increases in Spending Levels in 2015, 2016

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WASHINGTON, D.C. — The nonresidential building market was hamstrung by weather-related delays during the first part of the 2014, but conditions improved dramatically throughout the rest of the year to finish with greater than anticipated spending levels. The commercial construction sector is now looking at double-digit increases in 2015, led by vigorous levels of demand for hotels and office buildings. The American Institute of Architects" semi-annual Consensus Construction Forecast, a survey of the nation's leading construction forecasters, is projecting that spending will see a 7.7 percent increase in 2015, with next year's projection nudging up to 8.2 percent. “This is … Read more

Filed under: Economic News, News

AGC Releases Construction Hiring and Business Outlook

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Construction firms added jobs in 40 states and the District of Columbia between December 2013 and December 2014 while construction employment increased in 38 states and D.C. between November and December, according to a recent analysis of Labor Department data by the Associated General Contractors of America. Association officials noted that construction employment gains are consistent with the general optimism most contractors expressed in the association’s Construction Hiring and Business Outlook. According to the outlook, 80 percent of contractors report they plan to add new construction jobs in 2015. In addition, more contractors expect demand for most construction market segments … Read more

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