Construction Begins on Mixed-Used Apartment Development

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TEMPE, Ariz. – Sundt Construction, Inc. began construction this month to transform a surface parking lot into a 407-unit residential and retail mixed-use development in Tempe, Arizona. The yet-to-be-named project, previously known as University Square, covers an entire city block on the northwest corner of University Drive and Forest Avenue. The development will feature a cascading design with shorter portions of the building facing University Drive and 7th Street and taller elements located mid-block. The first tower will be 20 stories, and the second will be 12 with primarily studio, one-bedroom and two-bedroom apartments. The second tower will face 7th … Read more

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Residential Sector Continues to Dominate North American Construction Market

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PHOENIX, Ariz. – Rider Levett Bucknall recently released the third edition of its North American RLB Crane Index. The report measures construction activity in major cities across North America and predicts the health of the U. S. construction industry. According to the new issue of the index, the residential market continues to lead construction activity in the industry. Other notable sectors that are experiencing growth and contributing to overall activity are mixed-use, commercial and hospitality projects. The North American RLB Crane Index reports that Calgary, Canada; Denver, Colorado; Honolulu, Hawaii; San Francisco, California; Seattle, Washington and Toronto, Canada are leading … Read more

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