An apartment construction boom in the New York borough of Brooklyn is adding thousands of new dwellings to the area’s housing supply, reflecting trends in U.S. apartment construction in metropolitan areas nationwide. More than 6,000 new apartment units are under construction and are expected to be ready by November, 2016, according to analyst Nick Fitzpatrick, […]
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Paperwork may seem like an inevitable inconvenience, but with the growth of technology in the construction industry, paper documents are becoming less and less necessary. Used wisely, technology can let you break free from the hassle and clutter of paper files. Building Plans Digital plans, such as BIM models and augmented reality, put every part
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Spending on U.S. construction is expected to continue to increase in 2016, though at a slower rate than seen in 2015, according to a new report. Fitch Ratings predicts continued stable growth for construction spending throughout the United States in 2016. The company presented its findings in its 2016 outlook report, cited in an article
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When individuals decide to start a company in the construction industry, it’s usually for some specific reason. It could be because someone believes they can do a particular type of work better or want the independence that being a business owner brings. However useful these reasons are, companies can help improve their chances of success
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A hardy construction crew may be used to working outdoors in less-than-ideal conditions, but there will almost always be a period of time during which the weather makes it impossible to keep moving forward on a project. Whether it’s snow and ice, extremely cold temperatures, heavy rains, or other weather phenomena, winter weather impacting construction
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Keeping hazards out of the work zone is part of what it takes to ensure safety for construction workers. Distractions aren’t always obvious hazards, but investing the time to identify and control them goes a long way toward protecting your workers. Avoid Distraction of Speed Schedule jobs with ample time for completion to avoid pressuring your
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Useful features aren’t the only thing you need to think about when you’re choosing project management software for your construction company. Cost is another important consideration if you expect the software to help you improve your bottom line. Know Payment Options Several pricing models are used with project management software: Perpetual License: carries the highest upfront costs,
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Broader use of BIM software in the construction industry holds great potential to reduce errors and rework. Without standardization, however, adoption of BIM software has been relatively slow. While universal standards aren’t right around the corner, they are increasingly close. Too Many Standards Impedes Collaboration For BIM software use to become universal among construction industry
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The profitability of any individual construction project depends on effective management of construction material costs and labor. On a larger level, effective cash flow will ensure that your company can meet all its financial obligations and stay in business. Here are some suggestions for managing cash flow that can help you manage this crucial area of your
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The importance of the online environment for lead generation in the construction business has been proven time and again. While the benefits of the Web cannot be denied, negative comments and reviews can harm your business if left unchecked. Here are some practical ways to manage negativity that has been directed at your company. Stay
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