Construction Completes for New Saint Louis University Athletic Center

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McCarthy Building Companies has completed construction of the O’Loughlin Family Champions Center at Saint Louis University in St. Louis, Missouri. Construction began in May 2022. The building recently earned LEED Silver Certification by the U.S. Green Building Council. LEED points were earned for features including using low-emitting materials, optimizing energy performance, enhanced commissioning, indoor water use reduction and rainwater management. The $20-million, three-story, 25,000-square-foot center, connected to the 10,600-seat multipurpose Chaifetz Arena, will provide support services for the university’s 400-plus Billiken student athletes with programming related to academic advising, spiritual development, sports performance, nutrition, wellness and sports psychology, among other … Read more

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Phoenix-Mesa Gateway Airport’s $28M Terminal Addition Completes Construction

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General contractor McCarthy Building Companies recently completed construction of the Phoenix-Mesa Gateway Airport’s (Gateway Airport) new 30,000-square-foot, five-gate terminal modernization project. Located in metro Phoenix, Arizona, the approximately $28-million project replaces a 14-year-old temporary passenger terminal annex, originally purchased in 2008 to accommodate airport’s increased flight traffic. The newly completed terminal project provides a larger, modern, energy-efficient and ADA-enhanced commercial passenger facility designed to accommodate additional future growth. The project was largely funded by federal grants, including a $14.4-million grant from the Bipartisan Infrastructure Law and an additional $6-million grant awarded in 2023 by the Federal Aviation Administration. With the … Read more

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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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