The traditional Design-Bid-Build delivery process is under considerable stress this year as materials shortages and cost spikes are upending usual practices, according to a new report from JLL.
Delays are “pretty much universal,” a JLL executive says. “Volatility around materials is hitting developer’s wallets at a higher rate than initially anticipated earlier this year,” according to the report.
Customarily, materials purchasing was the last step in the process, but building teams have had to adjust to the new environment by purchasing much sooner. Project managers are involved early in the design phase, and once they have a general idea of specs, they place orders for materials.
Having a cohesive team of designers, architects, contractors, and market researchers is more critical than ever for project success—even on smaller projects. Such an assemblage working in concert can account for fluctuating materials costs and establish realistic timelines to execute the project while minimizing costs and maximizing efficiency.
Related Stories
Sustainability | Apr 4, 2024
Skanska Elevates Commitment to Sustainability
Skanska, a global leader in sustainable building, has restructured its Sustainability Team to better serve client and company goals. Co-led by Steve Clem and Myrrh Caplan, who together bring decades of experience, the team will allow Skanska to continue to set the bar for the industry.
Codes and Standards | Apr 4, 2024
How Washington, D.C.'s Zero Waste DC Plan impacts building owners and design professionals
On February 8, 2024, Mayor Muriel Bowser presented the Zero Waste DC Plan to the Council, outlining policies, programs, and initiatives to meet the District’s aim of reducing per capita waste generation by 15% and transitioning from a disposable culture to a circular economy. Of the 43 actions in the plan, a handful are essential for building owners and design professionals to know about now.
Healthcare Facilities | Apr 3, 2024
Foster + Partners, CannonDesign unveil design for Mayo Clinic campus expansion
A redesign of the Mayo Clinic’s downtown campus in Rochester, Minn., centers around two new clinical high-rise buildings. The two nine-story structures will reach a height of 221 feet, with the potential to expand to 420 feet.
K-12 Schools | Apr 1, 2024
High school includes YMCA to share facilities and connect with the broader community
In Omaha, Neb., a public high school and a YMCA come together in one facility, connecting the school with the broader community. The 285,000-sf Westview High School, programmed and designed by the team of Perkins&Will and architect of record BCDM Architects, has its own athletic facilities but shares a pool, weight room, and more with the 30,000-sf YMCA.
Market Data | Apr 1, 2024
Nonresidential construction spending dips 1.0% in February, reaches $1.179 trillion
National nonresidential construction spending declined 1.0% in February, 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 $1.179 trillion.
Affordable Housing | Apr 1, 2024
Biden Administration considers ways to influence local housing regulations
The Biden Administration is considering how to spur more affordable housing construction with strategies to influence reform of local housing regulations.
Affordable Housing | Apr 1, 2024
Chicago voters nix ‘mansion tax’ to fund efforts to reduce homelessness
Chicago voters in March rejected a proposed “mansion tax” that would have funded efforts to reduce homelessness in the city.
Office Buildings | Mar 27, 2024
A new Singapore office campus inaugurates the Jurong Innovation District, a business park located in a tropical rainforest
Surbana Jurong, an urban, infrastructure and managed services consulting firm, recently opened its new headquarters in Singapore. Surbana Jurong Campus inaugurates the Jurong Innovation District, a business park set in a tropical rainforest.
Cultural Facilities | Mar 27, 2024
Kansas City’s new Sobela Ocean Aquarium home to nearly 8,000 animals in 34 habitats
Kansas City’s new Sobela Ocean Aquarium is a world-class facility home to nearly 8,000 animals in 34 habitats ranging from small tanks to a giant 400,000-gallon shark tank.
Cultural Facilities | Mar 26, 2024
Renovation restores century-old Brooklyn Paramount Theater to its original use
The renovation of the iconic Brooklyn Paramount Theater restored the building to its original purpose as a movie theater and music performance venue. Long Island University had acquired the venue in the 1960s and repurposed it as the school’s basketball court.
