Favorable Financing Creating Construction Tailwind as Labor Shortage Continues

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More favorable interest rates and materials prices are colliding with an ongoing labor shortage, bringing a mix of challenges and opportunities for construction project owners, according to DPR Construction’s latest Market Conditions Report. Labor shortages are a critical issue with 77% of contractors reporting increased difficulty in filling skilled craft positions compared to a year ago. While post-election economic policies are still being determined, lower interest rates and inflation are opening financing options for construction project owners. “Factors like interest rates and inflation will continue to play a significant role in determining financing options for construction projects,” said Matt Murphy, … Read more

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DPR Construction Hosts Summit to Transform, Advance Jobsite Safety

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While construction has made great strides in safety over the past decade, the industry still has one of the country’s highest rates of workplace injury. In response, DPR Construction gathered nearly 100 people including trade partners, safety experts and industry leaders for a summit aimed at helping the industry take the next steps to keep workers safe. The summit’s interactive workshops and discussions highlighted the variety of behaviors throughout the project lifecycle where participants can positively affect safety, not simply rely on regulations and personal protective equipment. DPR is hosting a series of these conversations throughout the northeast U.S. to … Read more

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Expansion Underway of Sharp Rees-Stealy Otay Ranch Medical Center

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Sharp Rees-Stealy Otay Ranch Medical Center in Chula Vista, California is undergoing a significant transformation. The $86-million project consists of a new two-story medical office building with an urgent care center, advanced imaging technology and expanded services, as well as a parking structure. The new building is expected to open in 2025 and will help support the healthcare needs of the region’s growing population. It will add 60,000 square feet of space to the medical center, nearly doubling the facility’s size. The new construction will be attached to the existing medical center and connected by interior lobbies. Designed by HGW … Read more

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DPR Construction Tops Out Steel Structure at Southwest Healthcare Inland Valley Hospital

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DPR Construction marked the topping out of the Southwest Healthcare Inland Valley Hospital expansion project in Wildomar, California. The new seven-story, 290,000-square-foot patient tower will accommodate 102 beds to support Riverside County’s growing population. The campus will be equipped with clinical technologies for minimally invasive procedures and advanced therapies, and sustainable infrastructure including energy-efficient LED fixtures and solar panels. As a designated Trauma Center in Southwest Riverside County, the existing healthcare campus has remained fully operational throughout construction. The project team relocated every major utility that sat in the footprint of the new tower. More than 600 local workers from … Read more

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UC Davis Health, DPR Construction Tops Out 48X Complex

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The DPR Construction and SmithGroup design-build team topped out the UC Davis Health 48X Complex, a new four-story, 268,000-square-foot ambulatory surgery center in Sacramento, California. In addition to hoisting and placing the final piece of steel, the event featured a celebratory luncheon for construction workers, trade partners and key stakeholders. 48X is a key piece of UC Davis Health’s strategy to serve the community and help address the ambulatory operating room capacity shortage at the university’s main hospital. Located at 48th and X streets, the center will blend advanced medical technologies with a human-centered approach to patient care. The complex … Read more

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