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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.
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.
In Gulf Shores, a city on Alabama’s Gulf Coast, a new $137 million high school broke ground in late April and is expected to open in the fall of 2026. Designed by DLR Group and Goodwyn Mills Cawood, the 287,000-sf Gulf Shores High School will offer cutting-edge facilities and hands-on learning opportunities.
A new affordable housing development located in the fastest growing section of Brooklyn, N.Y., where over half the population lives below the poverty line, transformed a long vacant lot into a community asset. The Van Sinderen Plaza project consists of a newly constructed pair of seven-story buildings totaling 193,665 sf, including 130 affordable units.
Once the project is completed, the building must be managed by someone, or it cannot live up to its full functionality. Owners and facility managers are the unsung heroes of many iconic works of architecture, making sure that buildings remain in good condition and are utilized to their fullest potential.
San Antonio added 24,208 people between July 2016 and July 2017, according to U.S. Census Bureau data.
Cautious development and healthy absorption across major markets contributed to the decline in vacancy, according to a new Transwestern report.
Efficient supply chains enable companies to be more competitive in the marketplace.
Tax reform implications and rebuilding from natural disasters are among the reasons AIA’s Chief Economist is optimistic for 2018 and 2019.
The commercial office and retail sectors will lead the way in 2018, with a strong bounce back for education and healthcare.
“With driverless delivery robots, we could fill a gap and get spare parts from our warehouses to the jobsite faster,” said thyssenkrupp SVP Ivo Siebers.
