Nonresidential and Multifamily Construction Spending Slump in March

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Spending on most categories of nonresidential and multifamily construction declined from February to March as contractors struggled to find enough workers and get timely deliveries of materials, according to an analysis the Associated General Contractors of America released regarding federal spending data. Association leaders urged Washington officials to end tariffs on construction materials and widen the opportunities for gaining the skills for rewarding careers in construction. Construction spending in March totaled $1.73 trillion at a seasonally adjusted annual rate, 0.1% above the upwardly revised February rate and 11.7% higher than in March 2021. Private residential construction spending accounted for all … Read more

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First Multifamily Modular Construction Project Delivered in Washington, D.C. Petworth Area

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The Modular Mobilization Coalition recently delivered the first multifamily modular construction project in the Petworth area of Washington, D.C. The Petworth Modo project consists of 44 modular units that will be stacked into a five-story building containing 16 apartments. The building is anticipated to be move-in ready by the end of 2020. The modular project is expected to be completed in 10 months, compared to a 12-16-month timeline using traditional site-built construction methods. The MMC is a collaboration of modular manufacturers who collectively service developers nationwide. The national network of 15 modular construction companies is the first of its kind … Read more

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Work Begins on New Atlanta Multifamily Tower AMLI Oak Valley

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ATLANTA, Ga. – JE Dunn Construction has begun work on AMLI Oak Valley, a multifamily community featuring a 24-story tower and a five-story mid-rise, which together will deliver 391 luxury apartments to Atlanta, Georgia’s Buckhead neighborhood. The AMLI Oak Valley project also includes a 255,000-square-foot, precast parking deck with 665 spaces. The 370,000-square-foot concrete tower will provide 307 apartments; the 95,000-square-foot wood, mid-rise building will have 84 apartments. The community will offer one-, two- and three-bedroom apartment homes with a variety of interior features including floor-to-ceiling windows and 10-foot ceilings, as well as outdoor and studio fitness facilities, clubrooms and … Read more

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