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Federal Construction Must Now Address Flood Risks From Climate Change

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Climate change may be a controversial subject for some, but the federal government has taken steps to ensure that flood risks from climate change are addressed in new federal construction projects. In late January 2015, President Barack Obama signed an executive order requiring federal construction projects to take into account the possibility of floods caused […]

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5 Ways Contractors Can Use BIM to Ensure a Safe Construction Site

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BIM, or building information modeling, is a software-based process used in the construction industry to visualize and assess building designs and options in a virtual environment. BIM allows planners, designers, supervisors and other professionals to evaluate potential designs before any physical construction is done, allowing them to spot any potential problems or conflicts before they’re

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New Steel Alloy Discovered by Korean Researchers Could Be Tomorrow’s Super Steel

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A newly discovered super steel alloy has the potential to solve a longstanding problem that could make steel as common as aluminum in the manufacture of electronics devices and other consumer products. Researchers at Pohang University of Science and Technology in Pohang, South Korea, have discovered a new steel alloy that’s as light and strong

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Construction to Begin on Block 75, Part of the Burnside Bridgehead Project

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Construction is underway on a new mixed-use building in Portland, Oregon’s Burnside Bridgehead area. The building, known as Block 75, is going up at the corner of Northeast Davis Street and Martin Luther King Jr. Boulevard. The Block 75 building will include 75 residential units, expected to rent at market rates. There will also be

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Waikiki’s Ritz-Carlton Tower Part of Construction in Hawaii

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Construction in Hawaii continues to expand as a new hotel and condominium residential tower nears completion in early 2016. The Ritz-Carlson Residences are under construction on Waikiki Beach at 2121 Kuhio Avenue. The project consists of two towers combining condominiums, hotel rooms and retail businesses. It’s being developed by Pacrep LLC, an affiliate of prominent

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U.S. Construction Industry Expected to Expand in 2015

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Recent data on construction employment suggests that improvements will continue and that the U.S. construction industry will expand even further in 2015. Increases in construction employment were identified in more than 250 metropolitan areas around the country between December 2013 and December 2014, according to data from the Associated General Contractors of America (AGC). The

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Fannie Mae Offering Multifamily Green Buildings Lower Interest Rates

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Mortgage lender Fannie Mae is offering lowered interest rates on loans to builders and cooperatives who are developing energy-efficient apartments and multifamily dwellings. Multifamily structures that have been certified with green credentials such as LEED will receive a lower interest rate on refinance, supplemental or acquisition loans through Fannie Mae’s Multifamily Green Initiative. The announcement

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