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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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Designers

Aug 15, 2022

Boston high-rise will be largest Passive House office building in the world

Winthrop Center, a new 691-foot tall, mixed-use tower in Boston was recently honored with the Passive House Trailblazer award.

Architects | Aug 12, 2022

Goettsch Partners names James Zheng, CEO, and Paul de Santis, Co-design Director

Global architecture firm Goettsch Partners (GP) announces that James Zheng, AIA, LEED AP, has been named CEO, and Paul De Santis, Assoc. AIA, LEED AP, joins James Goettsch, FAIA, as co-design directors for the practice. As the primary partners in the firm, the three have worked closely together for more than 17 years. Goettsch will also continue to serve as chairman while Zheng now assumes the full CEO title as well as president.

Aug 12, 2022

Monthly Construction Input Prices Decreased 2% in July, Up 17% From a Year Ago, Says ABC

Construction input prices decreased 1.8% in July compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released today.

Hotel Facilities | Aug 12, 2022

Denver builds the nation’s first carbon-positive hotel

Touted as the nation’s first carbon-positive hotel, Populus recently broke ground in downtown Denver.

Aug 11, 2022

Report examines supposed conflict between good design and effective cost management

A report by the American Institute of Architects and the Associated General Contractors of America takes a look at the supposed conflict between good design and effective cost management, and why it causes friction between architects and contractors.

Architects | Aug 11, 2022

Mancini Duffy Bill Mandara on expanding through diversification

In this segment for HorizonTV, BD+C's John Caulfield interviews Mancini Duffy's CEO and Co-owner William Mandara about his firm's recent growth, which includes an acquisition and new HQs office.

Energy Efficiency | FMI | Aug 11, 2022

Commercial Energy Efficiency: Finally “In-the-Money!”

By now, many business leaders are out in front of policymakers on prioritizing the energy transition.

High-rise Construction | Aug 11, 2022

Saudi Arabia unveils plans for a one-building city stretching over 100 miles long

Saudi Arabia recently announced plans for an ambitious urban project called The Line—a one-building city in the desert that will stretch 170 kilometers (106 miles) long and only 200 meters (656 feet) wide.

Aug 10, 2022

U.S. needs more than four million new apartments by 2035

Roughly 4.3 million new apartments will be necessary by 2035 to meet rising demand, according to research from the National Multifamily Housing Council (NMHC) and National Apartment Association.

Aug 10, 2022

Gresham Smith Founder, Batey M. Gresham Jr., passes at Age 88

It is with deep sadness that Gresham Smith announces the passing of Batey M. Gresham Jr., AIA—one of the firm’s founders.

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