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Insight From an Outsider

1 year 8 months ago
From St. Louis Business Journal:  The story of Good Developments Group, the New York-based firm behind a $1.2 billion plan to overhaul part of the St. Louis riverfront, started with an internet auction. While searching for development projects a few years ago, Greg Gleicher, 31, the company’s founder and CEO and a 2013 graduate of Washington University […]
Shruthi Beedu

Residents, Businesses Moved Out by Costco Development in U City

1 year 8 months ago
From KSDK:  Many residents on Elmore Court hauled the last of their belongings out of their homes in University City on Tuesday. The community is adjacent to a new $211 million retail development center under construction in the area of Interstate 170 and Olive Boulevard. Both sides of the busy intersection will be transformed into a […]
Shruthi Beedu

Public Projects Keep Nonresidential Construction Spending Positive

1 year 8 months ago
From Construction Dive:  Dive Brief: Nonresidential construction spending ticked up by 0.8% in July, led by publicly funded projects in the highway and public safety categories, but prevailing headwinds will keep private sector development muted, according to an analysis of government spending data released by Associated Builders and Contractors. Spending on highways and streets was up […]
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STL Subtext Breaks Ground on Nashville Development

1 year 8 months ago
From Patch News:  Subtext, a St. Louis-based integrated real estate development company, and Brinkmann Constructors, a St. Louis-based national general contractor, held an official groundbreaking ceremony on August 30, 2022 for LOCAL Midtown, a 15-story multifamily project in Midtown Nashville. LOCAL Midtown is expected to be completed and open for leasing in 2024. Located at […]
Shruthi Beedu

Marty Walsh Talks About Biggest Threat He Sees on the Horizon

1 year 8 months ago
From Yahoo Finance: With Labor Day around the corner, Fortune sat down with Labor Secretary Marty Walsh to talk about the current state of the workforce, labor market trends, and what he’s watching for when it comes to the broader U.S. economy. The following questions and answers have been condensed and edited for clarity. Experts are […]
Shruthi Beedu

What Impact Are Construction Delays Having on the Industrial Sector?

1 year 8 months ago
From Wealth Management:  It’s been one of the hottest years on record in terms of demand for industrial space. So far in 2022, 100.9 million sq. ft. of new industrial space was delivered to the U.S. market, according to a report from commercial real estate services firm JLL, representing a new record. The 586.7 million sq. ft. […]
Shruthi Beedu

9 Major Projects That are Changing the Face of St. Louis

1 year 8 months ago
From St. Louis Magazine:  Lately, it feels like everywhere we turn, there’s a construction update on one of the big projects happening around town. First, we were drooling over renderings of the new conservatory inside the much-anticipated Jack C. Taylor Visitor Center at the Missouri Botanical Garden. Next in our inbox, the announcement of the Lou Fusz […]
Shruthi Beedu

A Prolific and Controversial Developer of City Apartments Expands to St. Louis County

1 year 8 months ago
From St. Louis Business Journal:  A prolific developer of apartments in the city of St. Louis is expanding into St. Louis County, with three major projects proposed or under construction at the same time the developer’s city projects have run into roadblocks. St. Louis-based Lux Living, which to date has largely focused on building apartments in […]
Shruthi Beedu

Lack of Construction Workers Threatens Infrastructure Efforts: AGC

1 year 8 months ago
From Construction Dive: Construction firms are struggling to find workers to such a degree that it’s threatening the success of federal investment in infrastructure and manufacturing projects, the Associated General Contractors of America said Wednesday. Citing its annual construction workforce survey of nearly 1,300 employers commissioned with tech provider Autodesk, AGC said 93% of construction firms […]
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Gov. Pritzker Announces $300 Million in Funding for Energy Bill Assistance

1 year 8 months ago
From River Bender:  Governor JB Pritzker and the Illinois Department of Commerce and Economic Opportunity (DCEO) are encouraging families in need to apply for $300 million in available funding for energy bill assistance through the Help Illinois Families program. All families who meet the criteria and provide required documentation are eligible to receive bill assistance for […]
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St. Louis Needs Skilled Workers. But benefits From Startups and Geospatial

1 year 8 months ago
From St. Louis Post Dispatch: Employers across the bi-state area continue to struggle with a tight labor market and are still having trouble finding qualified workers, according to findings released Wednesday by St. Louis Community College. Though 63% of local employers expected to hire in 2021, only 32% actually did, said Phyllis Ellison, associate vice chancellor […]
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VIDEO: Guarantee Electrical’s New CEO, Rich Ledbetter Talks About Keeping It “Evergreen”

1 year 8 months ago
by Tom Finan, Executive Director and Co-Founder, Construction Forum Yesterday (Sept. 1) Rich Ledbetter became the CEO of Guarantee Electrical, a national $300M, 1,000 employee organization that traces its history to the 1904 World’s Fair. He succeeds CEO Rick Oertli, whose grandfather, Fred Oertli, Sr.,  joined the company in 1926 as a laborer. When Fred […]
Tom Finan

MO S&T Starts School Year With Record Percentage of Women Students

1 year 8 months ago
Missouri S&T began classes on Monday, Aug. 22, with the highest percentage of women students in history. The percentage of female students on the first day of classes is 24.2%, which surpasses the previous record percentage of 23.9%, set in 2016 and 2021. Enrollment on the first day of classes at Missouri S&T is 6,971. […]
Dede Hance

Southern Illinois Builders Association Soliciting Scholarship Applications

1 year 8 months ago
The Southern Illinois Builders Association began offering scholarships in 2012 and have awarded 115 scholarships totaling approximately $215,400.00. SIBA solicits candidates for the SIBA Scholarships in the fall and requests that all information be submitted by November 4, 2022 for the SIBA Education Committee to meet and make their selections. To be eligible for an […]
Dede Hance

Holland Breaks Ground on Dorris Intermediate School Expansion Project

1 year 8 months ago
Holland Construction Services recently broke ground on a $6 million expansion and renovation project at Dorris Intermediate School in Collinsville, Illinois. Construction work on the existing school, which was built in 1962 and has a current enrollment of roughly 1,000 students, is set to begin the first week of September and has a completion date […]
Dede Hance

Brentwood Leaders Want a ‘Destination’ Playground

1 year 8 months ago
From St. Louis Post-Dispatch:  An ambitious play area, complete with a winding water feature, rock climbing walls and a zip line, may be the splashiest promise of Brentwood’s $95 million overhaul of the Deer Creek floodplain. But now city leaders will have to decide if Brentwood can afford it. The city’s Board of Aldermen is […]
Shruthi Beedu

S. M. Wilson & Co. Promotes Chris Watkins to Project Superintendent

1 year 8 months ago
S. M. Wilson & Co., a St. Louis-based construction manager and contracting firm, has promoted Chris Watkins to Project Superintendent. Watkins is responsible for coordinating all job site activities and ensuring project success by making sure that all employees and contractors adhere to the schedule, quality expectations, work safely and follow environment regulations. Watkins is […]
Dede Hance

Construction Job Openings Spike Higher

1 year 8 months ago
From ConstructionDive:  In a sign that rising interest rates and talk of recession have yet to cool the scorching construction labor market, job openings in the sector increased 22,000 in July from June, up 4.6%, according to an analysis of Bureau of Labor Statistics data from Associated Builders and Contractors. There are now 375,000 unfilled […]
Shruthi Beedu

St. Louis Has a New Basketball Court

1 year 8 months ago
From St. Louis Public Radio:  St. Louis has a brand-new basketball court. Created as an effort of the African People’s Socialist Party and its affiliate groups, the court comes complete with bleachers, water fountains, lighting for evening pickup games and an elaborate mural by St. Louis artist Jamie Bonfiglio. But before the hoops were even installed, […]
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