AIA/Deltek Release Latest Architecture Billings Index

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Architecture firm billings remained soft entering into 2024, with an AIA/Deltek Architecture Billings Index score of 46.2 in January. Any score below 50 indicates decreasing business conditions. “This now marks the lengthiest period of declining billings since 2010, although it is reassuring that the pace of this decline is less rapid and the broader economy showed improvement in January,” said Kermit Baker, Ph.D., AIA Chief Economist. “Firms are seeing growth with inquiries into new projects and value of newly signed design contracts is holding steady, showing potential signs of interest from clients in new projects.” Business conditions remained weak at … Read more

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ABC: Monthly Construction Input Prices Surge 1%

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Construction input prices increased 1% in January compared to the previous month, according to an Associated Builders and Contractors’ analysis of the U.S. Bureau of Labor Statistics’ Producer Price Index data. Nonresidential construction input prices increased 0.9% for the month. Overall construction input prices are 0.4% higher than a year ago, while nonresidential construction materials prices are 0.7% higher. Prices increased in 2 of the 3 energy subcategories last month. Crude petroleum input prices were up 6.1%, while unprocessed energy materials prices were up 3.8%. Natural gas prices decreased 2.4% in January. “Construction materials prices surged in January, ending a … Read more

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Balfour Beatty Tops Out Two-Tower Residential Project in Virginia

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Balfour Beatty has topped out two residential towers for JBG SMITH’s 2000 and 2001 South Bell Street project in Arlington, Virginia. The milestone represents ongoing progress on the development project, which supports the transformation of the National Landing area and provides additional residential options in the growing community. To top out the east and west towers, Balfour Beatty teammates poured a total of 44,074 yards of concrete and set a total of 2,949 tons of steel rebar. Once complete, the multifamily complex will accommodate 775 units offering a variety of floorplan options for different living situations. The 25-story, 2000 South … Read more

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Work Progresses on Huntsville International Airport Main Concourse Upgrades

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Robins & Morton is working on three improvement projects at Huntsville International Airport in Alabama. The $13-million main concourse renovation, which began in April 2023, will increase accessibility for travelers with the addition of a second elevator and a second set of escalators. The existing elevator and escalators will also be replaced, and two new sets of stairs will be installed. To complete the upgrades, temporary ramps were constructed to connect the security exit area to the concourse, maintaining uninterrupted access for travelers to their gates. The project is scheduled for completion in early 2025. Meanwhile, work is underway on … Read more

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Longroad Energy’s Sun Streams 4 Solar Project Reaches Construction Milestone

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McCarthy Building Companies Inc.’s Renewable Energy team recently reached peak construction workforce on the Sun Streams 4 solar construction project, a 377 MWdc PV and 300 MWac/1200 MWh solar and 300MWac battery storage facility being developed by Longroad Energy, a U.S.-based renewable energy developer, owner and operator. McCarthy was selected as the engineering, procurement, construction contractor for the project, located approximately 40 miles west of Phoenix, Arizona. Sun Streams 4 is Longroad’s largest solar and storage project to date. During peak construction, McCarthy will employ more than 250 people during the peak construction phase at Sun Streams 4, which runs … Read more

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