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Charlotte's new multifamily mid-rise will feature exposed mass timber

Construction recently kicked off for Oxbow, a multifamily community in Charlotte’s The Mill District. The $97.8 million project, consisting of 389 rental units and 14,300 sf of commercial space, sits on 4.3 acres that formerly housed four commercial buildings. The street-level retail is designed for boutiques, coffee shops, and other neighborhood services.


Construction Costs

New download: BD+C's May 2024 Market Intelligence Report

Building Design+Construction's monthly Market Intelligence Report offers a snapshot of the health of the U.S. building construction industry, including the commercial, multifamily, institutional, and industrial building sectors. This report tracks the latest metrics related to construction spending, demand for design services, contractor backlogs, and material price trends.



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Contractors

Bringing the concepts of architects, engineers, and clients to life often requires problem-solving and compromise, and always requires hard work on the contractor’s part. Keeping construction within the allotted budget and up to the rest of the building team’s standards requires a combination of extensive technical and product knowledge.

Multifamily Housing | Nadel Architecture + Planning | Jul 11, 2023

Converting downtown office into multifamily residential: Let’s stop and think about this

Is the office-to-residential conversion really what’s best for our downtowns from a cultural, urban, economic perspective? Or is this silver bullet really a poison pill?

Contractors | Jul 11, 2023

The average U.S. contractor has 8.9 months worth of construction work in the pipeline, as of June 2023

Associated Builders and Contractors reported that its Construction Backlog Indicator remained unchanged at 8.9 months in June 2023, according to an ABC member survey conducted June 20 to July 5. The reading is unchanged from June 2022.

Codes | Jul 10, 2023

Water Demand Calculator outperforms traditional plumbing codes for energy, carbon, and water savings

Using IAPMO’s Water Demand Calculator tool can result in energy, carbon, and water savings as compared to using traditional plumbing specification methods in plumbing codes, according to a study by Arup.

Adaptive Reuse | Jul 10, 2023

California updates building code for adaptive reuse of office, retail structures for housing

The California Building Standards Commission recently voted to make it easier to convert commercial properties to residential use. The commission adopted provisions of the International Existing Building Code (IEBC) that allow developers more flexibility for adaptive reuse of retail and office structures.

Laboratories | Jul 10, 2023

U.S. Department of Agriculture opens nation’s first biosafety level 4 containment facility for animal disease research

Replacing a seven-decade-old animal disease center, the National Bio and Agro-Defense Facility includes the nation’s first facility with biosafety containment capable of housing large livestock.

Market Data | Jul 5, 2023

Nonresidential construction spending decreased in May, its first drop in nearly a year

National nonresidential construction spending decreased 0.2% in May, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.06 trillion.

Contractors | Jun 30, 2023

Construction industry task force aims for standardized carbon reporting

A newly formed Associated General Contractors of America (AGC) task force on decarbonization and carbon reporting will address the challenges around reporting and reducing carbon emissions in the construction industry.

Standards | Jun 30, 2023

New ASHRAE standard aims to reduce disease transmission risk in indoor spaces

ASHRAE Standard 241, Control of Infectious Aerosols establishes minimum requirements to reduce the risk of disease transmission by exposure to infectious aerosols in new buildings, existing buildings, and major renovations. Infectious aerosols are tiny, exhaled particles that can carry pathogens that cause infections or disease.

Mixed-Use | Jun 29, 2023

Massive work-live-play development opens in LA's new Cumulus District

VOX at Cumulus, a 14-acre work-live-play development in Los Angeles, offers 910 housing units and 100,000 sf of retail space anchored by a Whole Foods outlet. VOX, one of the largest mixed-use communities to open in the Los Angeles area, features apartments and townhomes with more than one dozen floorplans.

School Construction | Skanska | Jun 29, 2023

K-12 school construction: 5 ways strong community relations can lead to success

When constructing a K-12 school, building positive relationships with the community—including students, parents, school staff and residents—is critical to the success of the project. Here are five ways Skanska puts the community first when building K-12 schools in the Pacific Northwest.

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