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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.

Aug 11, 2010

BIM adoption rate exceeds 80% among nation’s largest AEC firms

The nation’s largest architecture, engineering, and construction companies are on the BIM bandwagon in a big way, according to Building Design+Construction’s premier Top 170 BIM Adopters ranking, published as part of the 2009 Giants 300 survey. Of the 320 AEC firms that participated in Giants survey, 83% report having at least one BIM seat license in house, and nearly a quarter (23%) have 100-plus seats.

Aug 11, 2010

PCA partners with MIT on concrete research center

MIT today announced the creation of the Concrete Sustainability Hub, a research center established at MIT in collaboration with the Portland Cement Association (PCA) and Ready Mixed Concrete (RMC) Research & Education Foundation.
Aug 11, 2010

Study explains the financial value of green commercial buildings

Green building may be booming, especially in the Northwest, but the claims made for high-performance buildings have been slow to gain traction in the financial community. Appraisers, lenders, investors and brokers have found it difficult to confirm the value of high-performance green features and related savings. A new study of office buildings identifies how high-performance green features and systems can increase the value of commercial buildings.
Aug 11, 2010

Architecture Billings Index drops to lowest level since June

Another stall in the recovery for the construction industry as the Architecture Billings Index (ABI) dropped to its lowest level since June. The American Institute of Architects (AIA) reported the August ABI rating was 41.7, down slightly from 43.1 in July. This score indicates a decline in demand for design services (any score above 50 indicates an increase in billings).
Aug 11, 2010

Construction employment declined in 333 of 352 metro areas in June

Construction employment declined in all but 19 communities nationwide this June as compared to June-2008, according to a new analysis of metropolitan-area employment data released today by the Associated General Contractors of America.  The analysis shows that few places in America have been spared the widespread downturn in construction employment over the past year.
Aug 11, 2010

Charles Thornton, co-founder of Thornton Tomasetti, earns Construction Industry Institute's top award

(New York – July 31, 2009) - Charles H. Thornton, Ph.D., P.E., chairman of Charles Thornton and…
Aug 11, 2010

Jacobs, Hensel Phelps among the nation's 50 largest design-build contractors

A ranking of the Top 50 Design-Build Contractors based on Building Design+Construction's 2009 Giants 300 survey. For more Giants 300 rankings, visit http://www.BDCnetwork.com/Giants
Aug 11, 2010

Christopher Pyke, Ph. D., Named Research Director for the U.S. Green Building Council

WASHINGTON, D.C. (June 24, 2009) – The U.S. Green Building Council announced this week that…
Aug 11, 2010

Balfour Beatty agrees to acquire Parsons Brinckerhoff for $626 million

Balfour Beatty, the international engineering, construction, investment and services group, has agreed to acquire Parsons Brinckerhoff for $626 million. Balfour Beatty executives believe the merger will be a major step forward in accomplishing a number of Balfour Beatty’s objectives, including establishing a global professional services business of scale, creating a leading position in U.S. civil infrastructure, particularly in the transportation sector, and enhancing its global reach.
Aug 11, 2010

CertainTeed Ceilings launches continuing education webinar series for architects, contractors

(Valley Forge, Pa.) – June 22, 2009 - Through a new, free webinar series, CertainTeed Corporation…
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