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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.

Sports and Recreational Facilities | Jun 17, 2022

U. of Georgia football facility expansion provides three floors for high-performance training

A major expansion of the University of Georgia’s football training facility has been completed.

Building Team | Jun 16, 2022

Hybrid work expected to reduce office demand by 9%

Businesses are slowly but consistently transitioning to a permanent hybrid work environment, according to a senior economist at Econometric Advisors.

Building Team | Jun 16, 2022

USGBC announces more than 23 million square feet of LEED certified net zero space

Today, the U.S. Green Building Council announced nearly 100 net zero certifications earned under the LEED Zero program, representing more than 23 million square feet of space.

AEC Business Innovation | Jun 15, 2022

Cognitive health takes center stage in the AEC industry

Two prominent architecture firms are looking to build on the industry’s knowledge base on design’s impact on building occupant health and performance with new research efforts.

Market Data | Jun 15, 2022

ABC’s construction backlog rises in May; contractor confidence falters

Associated Builders and Contractors reports today that its Construction Backlog Indicator increased to nine months in May from 8.8 months in April, according to an ABC member survey conducted May 17 to June 3. The reading is up one month from May 2021.

Codes and Standards | Jun 15, 2022

Waived tariffs on solar panels expected to boost solar power

The Biden Administration recently waived tariffs on solar panels from four countries in a move advocates say will accelerate the clean energy transition and benefit national security.

Cultural Facilities | Jun 15, 2022

Gehry-designed Children’s Institute aims to foster community outreach in L.A.’s Watts neighborhood

The Children’s Institute (CII) in Los Angeles will open a 200,000-sf campus designed by Frank Gehry this summer.

Building Team | Burns & McDonnell | Jun 14, 2022

Thinking beyond the stadium: the future of district development

Traditional sports and entertainment venues are fading as teams and entertainment entities strive to move toward more diversified entertainment districts.

Codes and Standards | Jun 14, 2022

Hospitals’ fossil fuel use trending downward, but electricity use isn’t declining as much

The 2021 Hospital Energy and Water Benchmarking Survey by Grumman|Butkus Associates found that U.S. hospitals’ use of fossil fuels is declining since the inception of the annual survey 25 years ago, but electricity use is dipping more slowly.

Healthcare Facilities | CannonDesign | Jun 13, 2022

University of Kansas Health System cancer care floors foster community and empathy

On three floors of Cambridge Tower A at The University of Kansas Health System in Kansas City, patients being treated for blood cancers have a dedicated space that not only keeps them safe during immune system comprising treatments, but also provide feelings of comfort and compassion.

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