Construction Employment Up or Steady In 1/3 of Metro Areas between October 2009 & 2010

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Phoenix, Ariz. and Hanford-Corcoran, Calif. Top List of Metro Areas Adding Jobs while Chicago and Napa, Calif. Lose Most Jobs for the YearConstruction employment either increased or remained steady in one-third — 113 of 337 metropolitan areas — between October 2009 and October 2010 according to a new analysis of federal employment data released today by the Associated General Contractors of America. Association officials said construction job gains are becoming more widespread thanks in large part to an increase in power, stimulus and other publicly-funded construction projects. “It looks like the stimulus, military base realignment and power projects have put … Read more

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Rising Commodity and Materials Prices Drive Turner Building Cost Index to Slightly Increase for Fourth Quarter 2010

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Strong market competition reduces overall increase in construction costsNEW YORK — Turner Construction Company announced that the Fourth Quarter 2010 Turner Building Cost Index has slightly increased over the Third Quarter of 2010. The Turner Building Cost Index measures costs in the non-residential building construction market in the United States. The Turner Building Cost Index of 801 reflects a 0.38% increase over the Third Quarter 2010. However, overall construction costs have decreased by 0.25% when measured in comparison to the Fourth Quarter of 2009. Karl F. Almstead, the Turner vice president responsible for the Turner Building Cost Index said, “The … Read more

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FMI Releases Nonresidential Construction Index (NRCI) for the Fourth Quarter, 2010

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With stimulus winding down, contractors prepare for competition in lean markets RALEIGH, N.C. — FMI, the largest provider of management consulting, investment banking and research to the engineering and construction industry, reported that as of the 4th quarter, the NRCI has been in positive territory for three quarters in a row, but only slightly positive. Most of the major components are down, but expectations for markets are improving slightly. As we begin the new year, nonresidential contractors will focus less on chasing stimulus projects and more on finding private work to fill their backlogs. When asked if the ARRA stimulus … Read more

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ASU Building wins DBIA Award, Achieves LEED Gold Status

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The Arizona State University College of Nursing & Health Innovation Phase II building (NHI2) recently won the Design-Build Institute of America’s National Design-Build Award for an Education facility over $25 million, and was one of two buildings, out of hundreds of entries nationwide, to be nominated for the Best Overall Award. In addition, NHI2 has achieved LEED New Construction (LEED-NC) Gold certification from the United States Green Building Council, making it one of just a few LEED-NC Gold certified buildings in Phoenix. To be considered for the DBIA National Design-Build Awards, projects must demonstrate successful application of design-build principles, including … Read more

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Chicago Construction Companies Join Forces to Improve Safety

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Chicago, Ill. — Six prominent Chicago construction competitors have put competition aside, joining forces to develop and implement safe work practices, and affect positive changes in construction safety, to ultimately achieve incident and injury free construction throughout Illinois. Bovis Lend Lease, Gilbane Building Company, Kenny Construction Company, Mortenson Construction, Power Construction Co., LLC and Turner Construction Company, each committed to the safety of workers and the public, met recently to celebrate the creation of Build Safe Chicago, committed to providing a safe workplace and sending all workers home injury free each day. Build Safe Chicago, recognizing that working together will … Read more

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