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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 […]

Will 2017 Be The Year Of The Smart Home?

There are tons of high-tech gadgets to make homes “smarter” today, but homeowners are not asking for them as much as you might think. Full home automation is not high on the average house hunter’s priority list. That may be about to change. The trouble so far has been the technology itself: Consumers aren’t sure […]

Top 5 Housing Trends in 2017

If the U.S. economy is to hit escape velocity in 2017, you can expect the real estate sector to serve as its rocket fuel. At its most broadly defined, housing can be counted on to compose 15% of GDP. It hasn’t done that much heavy lifting lately, however. That’s because in the wake of the […]

Communal Living: Should Real Estate Developers Be Interested?

Technology has seeped into virtually every aspect of the human experience these days and the sharing economy is just one manifestation of its impact. Tech startups like Uber and Airbnb represent the vanguard, reshaping the way we spend our vacation or simply travel across town. In recent years, the concept of utilizing shared resources has […]

Gains in Construction Spending Expected Through 2017

As the industry enters a more mature phase of its expansion, the 2017 Dodge Construction Outlook forecasts total U.S. construction starts will advance 5 percent to $713 billion, following gains of 11 percent in 2015 and an estimated 1 percent in 2016. Commercial building will increase 6 percent on top of the 12 percent gain estimated […]

Surety’s Impact on Emerging Trends in Public Construction

Public-private partnerships (P3s) are gaining momentum throughout the United States as an efficient way to design, build, finance and maintain government construction projects. Under a P3, the government entity generally issues an RFP to engage a concessionaire for the project. The concessionaire then secures funding for the project while holding the right to use the project property […]