Construction Costs

U.S. construction market moves toward building material price stabilization

The newly released Quarterly Construction Cost Insights Report for Q3 2023 from Gordian reveals material costs remain high compared to prior years, but there is a move towards price stabilization for building and construction materials after years of significant fluctuations. In this report, top industry experts from Gordian, as well as from Gilbane, McCarthy Building Companies, and DPR Construction weigh in on the overall trends seen for construction material costs, and offer innovative solutions to navigate this terrain.


Building Owners

Nov 10, 2014

Hotel construction pipeline hits five-year high

The hotel construction pipeline hit a five-year high in the third quarter, clocking in at 3,516 projects and 443,936 rooms, Lodging Econometrics reports. 

Nov 7, 2014

Arts college uses creative financing to build 493-bed student housing

Many states have cut back funding for higher education in recent years, and securing money for new housing has been tougher than ever for many colleges and universities. A recent residence hall project in Boston involving three colleges provides an inspiring example of how necessity can spawn invention in financing strategies.

Nov 7, 2014

Prefab helps Valparaiso student residence project meet an ambitious deadline

Few colleges or universities have embraced prefabrication more wholeheartedly than Valparaiso (Ind.) University. The Lutheran-based institution completed a $27 million residence hall this past summer in which the structural elements were all precast.

Nov 7, 2014

World's best new skyscraper: Sydney's vegetated One Central Park honored by CTBUH

The Jean Nouvel-designed tower tops the list of 88 entries in the 13th annual Council on Tall Buildings and Urban Habitat Awards.

Nov 7, 2014

NORD Architects releases renderings for Marine Education Center in Sweden

The education center will be set in a landscape that includes small ponds and plantings intended to mimic an assortment of marine ecologies and create “an engaging learning landscape” for visitors to experience nature hands-on.

Nov 6, 2014

Hines planning tall wood office building in Minneapolis

The Houston-based developer is planning a seven-story wood-framed office building in Minneapolis’ North Loop that will respect the neighborhood’s historic warehouse district look.

Nov 6, 2014

Studio Gang Architects will convert power plant into college recreation center

The century-old power plant will be converted into a recreation facility with a coffee shop, lounges, club rooms, a conference center, lecture hall, and theater, according to designboom.

Williams Scotsman | Nov 6, 2014

Drilling deeper: On the ground insights from the Marcellus Shale region

The Marcellus Shale region is expansive, stretching from upstate New York through Pennsylvania to West Virginia. It’s an exciting time to live and work in the area. SPONSORED CONTENT

Nov 5, 2014

AEC firms leverage custom scripts to bridge the ‘BIM language gap'

Without a common language linking BIM/VDC software platforms, firms seek out interoperability solutions to assist with the data transfer between design tools.

Nov 5, 2014

Survey: More than 75% of workload takes place without face-to-face interactions

With the rise of technology, much of the workday—even the most productive morning hours—is spent corresponding via email or conference call, according to a recent survey of corporate workers by Mancini•Duffy.