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Fannie Mae Notes Hopeful Construction Outlook

Fannie Mae’s March economic forecast was written before the FOMC announced an increase in the fed funds rate last Wednesday.  The company’s economists assumed there would be an increase, but hedged some of their predictions by noting both upside and downside risks to their 2 percent growth forecast. Currently the country appears on track to […]

Banks Up Pace of Construction Lending for Second Consecutive Year

The construction and development (C&D) lending category for U.S. banks was once again the most rapidly growing loan category in 2016, following a year of outsized lending growth in 2015. Bank’s C&D lending surged almost 14% in 2016, topping 13% growth in 2015. This compares with total loan growth of just 5% in each of […]

This house was 3D-printed in just 24 hours

As we start to 3D-print everything — including houses, of all things — it’s pretty impressive that a company built one in just 24 hours. Located in Russia, this 400-square-foot home (37 square meters) was built in just a day, at a cost of just over $10,000. 3D-printing company Apis Cor built the house using a […]

$750 million Okeechobee Clean Energy Center starts construction

Work on a $750 million natural gas fire power plant in Florida helped boost the Dodge Data & Analytics national construction starts total, the research and lead-providing service has report. Dodge didn’t provide details about the $750 miliion project in its news release, but Florida regulators on Jan. 5 approved the 1,600-MW Okeechobee Clean Energy Center under […]

Virtual Houses for Millennial’s – Bridging The Gap

We are in an era obsessed with technology. My neighbors wait hours in line for the latest smart phones, their idea of modern day camping.  My father-in-law is giddy when he gets a glimpse at this year’s high end automobile model. He doesn’t look that excited when we all arrive for Thanksgiving. This is an […]

Faraday Future claims $1B facility still in the works

Electric car manufacturer Faraday Future has announced plans to reboot factory construction at its North Las Vegas site by building a smaller factory first, then its originally planned $1 billion facility, according to the Las Vegas Sun. Faraday said it has received competitive bids on a smaller, 650,000-square-foot factory that will manufacture its FF 91 […]

Florida adds more construction employees than any other state in 2016

Florida added the most construction jobs of any state in 2016, according to an Associated General Contractors (AGC) report on Labor Department data. While the state ranked 10th in overall percentage growth (Nevada had the highest ranking), Florida’s market size resulted in 22,300 additional jobs, or an increase of about 5.1 per cent. Thirty-two states […]

How transit-oriented developments are transforming US cities

The trend toward walkability and the desire to live in an urban setting has been rising in popularity for years. Even the suburbs, once developed with maximum neighbor-to-neighbor buffers in mind, have started to play host to mini mixed-use, village-style complexes in an effort to give residents a community feel. Corporate America has latched onto […]

Wellness-Minded Spaces Are On The Rise

The push to make buildings more sustainable is nothing new, as the industry has largely embraced the growing trend. The U.S. Green Building Council’s LEED (Leadership in Energy & Environmental Design) certification system is the most well-known name in the space, as there are more than 59,000 LEED-certified projects totaling 6 billion square feet in 164 […]

Rocket Building Factory Under Construction At Cape Canaveral

Construction is well under-way on a 70,000 sq. ft. orbital rocket manufacturing factory at Cape Canaveral. Haskell is building the production facility, focusing on manufacturing a new fleet of reusable orbital launches for Blue Origin’s private spaceflight program. Amazon founder Jeff Bezos leads the company. The factory is strategically located near the Complex 36 launch pad, from […]