Have you been to the office lately? Not many of us have. The pandemic has created more virtual offices, less dining-out, and even going to court means getting on a Zoom™ call. Will that change in 2022? The impacts of commercial real estate construction are affecting our construction industry. Commercial Real Estate Predictions Multifamily and […]
2022 Commercial Real Estate Trends and Construction Read More »
Did you think the supply chain issues the construction industry faced in 2021 would magically resolve themselves this year? Some predict many of the materials we had difficulty acquiring last year will go forth and multiply, creating another construction industry issue: hoarding. Contractors will pay more for materials and stockpile what they can get. Construction
Construction Industry Trends 2022 Read More »
“They’re no longer lollygagging when it comes to committing to projects…” That’s one of the first economic indicators a Canadian construction CEO noticed in 2022. This year the construction industry will see a year of rebuilding, reorganizing, and recommitment to the future. Challenges and opportunities. Construction Industry 2022 Pricing continues to be a shot in
Construction Industry Economic Outlook Read More »
The construction industry may be sailing into “the perfect storm” this year. A combination of factors may impact construction labor in 2022. Construction Dive says, “From a huge influx in public spending…vaccines…and continued social changes, here are the top trends impacting construction labor in 2022.” Construction Labor Trends To Watch We’re wooing high school seniors
Help Wanted: Construction Labor 2022 Read More »
The pandemic put most companies in jeopardy and almost every industry took a beating. Except multifamily real estate. Sometimes more is more: Rent and valuation growth are factors leading to increased multifamily construction development in 2022. Multifamily Construction In-Demand Economic situations led to almost double 1Q 2021 demand for rentals followed by record-high rent increases in
Multifamily Construction in 2022 Read More »
The construction industry is better-managing workplace diversity. And construction companies are changing their internal cultures to promote an attitude of acceptance and respect for our differences. Diversity, equity, and inclusion (DE&I) is a workforce initiative for which McCarthy Building Companies Inc. has developed a model. The company recently appointed a DE&I vice president, Kamecia Mason.
Construction Industry Success Through DE&I Read More »
“I bought a house in Texas, sold a condo in Denver and never once met buyers, sellers, or had to go to a bank to sign papers,” said a new homeowner. Electronic contracts and signatures have revolutionized the real instate industry. The construction industry has been slow to adapt to digital contracts and e-signatures. That’s
Is a Paperless Construction Industry Possible? Read More »
On Friday, May 28, 2021, President Biden released his 2022 FY budget. It calls for $6+ trillion in spending that “reimagines how – and for whom – the economy works,” says Vox reporter Cameron Peters. Infrastructure spending and education are focal points. “Trickle-down economics has never worked,” said Biden. “The best way to grow our economy
Biden’s Budget Boosts Construction Industry Read More »
It’s an old phrase but it really puts the HIS in history: “The good old boy network” or “club” enabled White men to keep financial development opportunities within their network. Any woman or person of color that wanted to join the club quickly discovered membership was exclusive, not inclusive. Let’s make a better historical legacy
Women in Construction Add Value to Our Industry Read More »
In 2020, while many businesses floundered, Dollar General’s sales increased by 16.3%, and operating profits grew to $3.6 billion. Dollar General announced it will add 1,050 stores in 2021, with plans to double the size of its current 17,000 stores. The two designs feature 8,500 and 9,500 square feet. In 2021, about 700 stores featuring the
Commercial Spending, Infrastructure Boosts Engineering and Construction Industry Read More »
