The value of new construction starts slipped 1% in January to a seasonally adjusted annual rate of $419.3 billion, according to McGraw-Hill Construction, a division of The McGraw-Hill Companies. The slight loss of momentum was due to a pullback for nonbuilding construction (public works and electric utilities), after this sector's elevated performance in December. Meanwhile, residential building in January held steady, and nonresidential building was able to register growth as the result of gains for a few structure types.
The AEC industry is heading into 2010 in better shape than was the case a year ago, according to the 2010 AEC Industry Outlook: Strategy and Insight for Design & Construction Firms, a new forecast released by ZweigWhite this month.
The new Ballard Blocks development in the Ballard area of Seattle offers 366,000 sq. ft. of commercial and retail space in two buildings connected by a pedestrian promenade and below-grade parking level.
The New Year is here and it's time to make our resolutions. If you are like me, those resolutions are often broken before we get too far into the New Year. But it is fun to look ahead and predict what 2010 might be like. We're all glad to see 2009 end with the worst of the economic downturn, unemployment, and cutbacks behind us - hopefully. Now we turn our attention to a new year with hope for better times and changes for the good. What should we expect to see on the energy conservation front?
At a seasonally adjusted annual rate of $405.0 billion, new construction starts in November dropped 9% from the previous month, according to McGraw-Hill Construction, a division of The McGraw-Hill Companies. Nonresidential building retreated after October's elevated activity, and nonbuilding construction (public works and electric utilities) also settled back.
Approximately 8,500 sq. ft. of Metl-Span CF-36 Striated Insulated Wall Panels were selected as a key component on the third-largest Whole Foods store in the world.
Amidst a continued high level of inquiries for possible new projects, the Architecture Billings Index (ABI) reached its highest mark since August 2008, just before the serious credit problems emerged in our economy.
Approximately 10,300 sq. ft. of Metl-Span CF Striated Insulated Wall Panels were used on the administration building at an innovative Eco Park project in Hong Kong.
NYC study shows little added cost for green projects. A study of 107 construction projects in New York City shows green does not always cost significantly more than traditional construction.
The new Colorado State University Indoor Practice Facility in Fort collins, CO sports 39,000 sq. ft. of Metl-Span CF-42 Light Mesa insulated wall panels.
Education Facility Construction is the largest component of nonresidential construction put in place, hitting a record total of $104,777,000 in 2008.
Metl-Span has introduced its new 7.2 Insul-Rib™ which combines a traditional 7.2" rib panel with a urethane foam core. For the first time, this widely-used profile is now available with excellent insulating properties.
The luxurious new Renaissance Hotel at Patriot Place anchors 1.3 million sq. ft. of shopping, entertainment and commercial space located adjacent to Gillette Stadium, home of the New England Patriots, in Foxborough, MA. The five-story, four-star hotel and spa offers a distinctive personality and dramatic views of the stadium.
Metl-Span has introduced its new Tuff-Cast insulated wall panels. Tuff-Cast offers and attractive panel that provides the appearance of finished precast concrete.