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Bankruptcy by Armory Developer Reveals Over $400M of Debt

1 year 1 month ago
From St. Louis Post-Dispatch:  A bankruptcy filing from a leader of Green Street Real Estate Ventures reveals the tangled financial problems of the prominent development company and offers a glimpse into its stunning fall, with more than $400 million of debt. The filing by Green Street Principal Kevin Morrell details the depths of the company’s […]
Dede Hance

Possible Solutions to Lagging Productivity in the Construction Industry

1 year 1 month ago
From Building Design + Construction:  From 2000 to 2022, productivity in the global construction industry improved only 10%, just one-fifth the rate of the overall economy, according to an article by McKinsey & Co. executives. Lagging productivity will be an increasing problem as the industry confronts a skilled labor shortage in many markets, along with […]
Dede Hance

Alton Main Street Announces 2025 Award Winners

1 year 1 month ago
From RiverBender:  After six months of robust community input, Alton Main Street is announcing its new Transformation Strategy of Fostering an Entrepreneurial and Collaborative Ecosystem. The organization is embarking on a bold new plan to continue the progress in Downtown Alton, with key initiatives including Supporting Small Businesses & Startups, Enhancing Active & Affordable Living, […]
Dede Hance

Michael Mangiore Receives 2025 St. Louis Titan 100 Award

1 year 1 month ago
S. M. Wilson’s Chief Financial Officer, Michael Mangiore, is one of the 100 C-level executives and CEOs chosen for the 2025 St. Louis Titan 100. This program recognizes the St. Louis area’s most accomplished business leaders in their industries using criteria that demonstrate exceptional leadership, vision and passion. “The Titan 100 are changing the way […]
Dede Hance

Car Dealership Site Plan Approved in Wentzville

1 year 1 month ago
From Mid Rivers Newsmagazine:  The Wentzville Board of Alderman recently approved the site plan for a new Lou Fusz Automotive Kia facility to be constructed on the east side of Interstate Drive, approximately 600 feet north of Prospect Road. Justin Winters from Premier Design Group spoke on behalf of the project site plan during the […]
Dede Hance

CUP Now Approved for Mixed-Use Building in Streets of Caledonia

1 year 1 month ago
From Mid Rivers Newsmagazine:  In July 2024, the O’Fallon City Council voted down a bill that would have granted a conditional use permit (CUP) for a five-story, mixed-use building to be named Caledonia Flats at 711 Rush Way in the Streets of Caledonia development. The Caledonia Flats developer came back with a revised proposal to […]
Dede Hance

I-255 Will Be Closed for Six Months in St. Clair County, IL

1 year 1 month ago
From St. Louis Public Radio:  Interstate 255 will be shut down for six months beginning Feb. 1 so crews can repair 3.5 miles of the highway from Illinois 157 to Illinois 15 in St. Clair County, the Illinois Department of Transportation said Friday. The project, which was announced last year, is expected to be completed […]
Dede Hance

Mayors Chart an Agenda for Tackling the Housing Crisis Under Trump

1 year 1 month ago
From Bloomberg CityLab:  At a gathering ahead of Donald Trump’s inauguration, dozens of local leaders sent the message to federal officials that affordable housing is their top priority. “We’re calling on the new administration and Congress to support and quickly pass the largest and most comprehensive investment legislation in housing in our country’s history,” said […]
Dede Hance

Missouri Economic Development Bills to Watch in 2025

1 year 1 month ago
From The Beacon:  Missouri’s 2025 legislative session is kicking into gear, and lawmakers are weighing in with ideas on how to manage the state’s $455 billion economy. For the next five months, lawmakers will consider what kind of businesses to boost, how landlords will be allowed to manage their properties and whether to overhaul Missouri’s […]
Dede Hance

New Firefighter Training Facility Planned for Shrewsbury

1 year 1 month ago
From Spectrum News:  A new training facility in Shrewsbury for St. Louis-area firefighters got the initial green light last week. The Shrewsbury Board of Aldermen voted to approve a special use permit for Central Core Fire Training Center Commission (CCFTC) to develop and operate a firefighting training facility at 4224 Carr Lane Court. Plans were […]
Dede Hance

Residents Address Roundabout, Parking Concerns with Aldermen

1 year 1 month ago
From The Edwardsville Intelligencer:  Multiple members of the public addressed Edwardsville aldermen and city officials during the Jan. 14 Edwardsville Public Services Committee meeting. Pamela Moody and her spouse, Peter Cocuzza, both addressed how the proposed roundabout at the intersection of Governors’ Parkway and Esic Drive could cause issues. “I think it’s going to create more problems, […]
Dede Hance

NAHB Releases Framing Lumber Prices and Trends

1 year 1 month ago
From NAHB:  The week-to-week framing lumber composite price was unchanged on Jan. 10, after climbing 0.5% the week prior. Lumber prices are now 8.5% higher than they were one year ago. The National Association of Home Builders (NAHB) continually tracks the latest lumber prices and futures prices, and provides an overview of the behaviors within […]
Dede Hance

5 Ways Builders Say Trump Can Support Construction

1 year 1 month ago
From Construction Dive:  Construction executives will be watching how President Donald Trump’s second administration plans to handle certain industry challenges that have plagued progress for some time. To support construction growth, the Associated General Contractors of America recently outlined five key recommendations for the Trump administration during a construction outlook webinar on Jan 8. They […]
Dede Hance

How Clayco is Working to Meet the US’ Growing Demand for Data Centers

1 year 1 month ago
From St. Louis Business Journal:  In a political climate that feels increasingly divided, one issue that continues to get bipartisan support is the belief that emerging technologies should be produced in the United States. For that to happen, a data storage network is needed to support it. Cloud computing services, digital transformation and artificial intelligence […]
Dede Hance

VIDEO: Meet Alberici’s Jose Garcia, Forum Keynote Speaker on “What’s Next” Feb. 5th

1 year 1 month ago
I’m honoring the privilege and the responsibility to create as workplace where people thrive,” recently-appointed Alberici Constructors President Jose Garcia told Construction Forum in this video interview. For eight generations Alberici has been a place where people can come, work, and succeed, and create wealth for themselves… It was started by an immigrant… And 106 […]
Tom Finan

St. Louis Community College-Meramec Construction

1 year 1 month ago
From Webster-Kirkwood Times:  Motorists passing the Kirkwood campus of St. Louis Community College-Meramec will notice a new look. The parking area is shrinking, while two new buildings facing Big Bend are enlarging the campus presence. The makeover is expected to be complete by June. New curriculum revisions also are expected for the 2025-26 school year. […]
Dede Hance

Eureka Awards Floodwall Construction Contract

1 year 1 month ago
From Leader Publications:  Eureka is getting a floodwall to protect Old Town. The Eureka Board of Aldermen voted unanimously on Dec. 17 to approve a $7.3 million contract with Keeley Construction Group Inc. of St. Louis to construct an earthen wall along Flat Creek from west of Bald Hill Road to Hwy. 109 suitable for […]
Dede Hance

How to Comply With OSHA’s New PPE Standard

1 year 1 month ago
From Construction Dive:  Personal protective equipment has to fit for two primary reasons, according to Jessica Bunting, director of research to practice for Silver Spring, Maryland-based CPWR — the Center for Construction Research and Training. First, to work properly, gear needs to fit properly. A poorly fitted fall harness will not protect a worker nearly […]
Dede Hance