From The Intelligencer: Construction started March 17 on a 10-foot-wide shared-use path that will run down the west side of Plum Street and is expected to cost nearly half a million dollars. Built in two phases and funded by three different grants, the trail will begin with a 1,100-foot segment that links West Magnolia Street […]
From Construction Dive: Dive Brief: Construction input prices, or how much it costs to build a given project, fell for the first time in more than 18 months on a year-over-year basis, but were still 39% higher than February 2020, before the COVID-19 pandemic sent supply chains reeling. Both overall construction prices and nonresidential costs […]
From St. Louis Business Journal: A developer wants to build hundreds of luxury apartments in Maryland Heights, in a $54 million mixed-use development that would come at a site originally targeted for office buildings. Mills Properties, based in Brentwood and led by founder and Chairman Bruce Mills and President and CEO Kirk Mills, is behind […]
From Construction Dive: Signs point to decreased construction activity in coming months as financing costs for many developers have become prohibitively high, sources told Construction Dive. For example, increased interest rates are making construction projects more risky and less profitable, said Nicolas McNamara, director of project management at CBRE, a Dallas-based commercial real estate services […]
From Gensler: The post-pandemic world has given rise to an expanded list of expectations from urban environments. Single-purpose, single-use buildings or districts are no longer sufficient to cater to the varied needs of contemporary audiences. People crave in-person experiences, but they require destinations that deliver meaningful encounters to make the hassle of dressing up, commuting, […]
by Tom Finan, Executive Director and Co-Founder, Construction Forum Construction Forum’s 10th Anniversary award program will focus on organizations which have shown consistent effort and innovation focused on systems change for inclusive, robust employment and economic growth in the St. Louis Region. The unique, anniversary-year presentations have been named “The Future Is Now Awards”. For […]
From St. Louis Business Journal: St. Louis construction company Ben Hur Construction has a new CEO, following the March resignation of its previous leader. Koray Ozgenc will take over the helm of the company effective Monday, April 17, the firm announced Friday. He will succeed previous CEO Jim Schug, who resigned in March. Longtime Ben […]
From CoStar: Sometimes, it takes a partnership to make a village. In the case of Union at the Grove, Green Street Real Estate Ventures teamed with a consortium of local interests to bring six multifamily buildings to the Forest Park Southeast neighborhood during a pandemic that created financing challenges and construction delays. Partners in the […]
This past Saturday (April 15) Dr. John Gaal, director of worker wellness for the MO Works Initiative, participated in the “Hike for Hope” in Tampa, FL. The walk event was co-sponsored by American Foundation for Suicide Prevention and focused on suicide prevention in the construction industry. The organizer of the walk was Vince Hafeli, president […]
by Tom Finan, Executive Director/Co-Founder, Construction Forum On April 7th we “celebrated” the 45th anniversary of the Executive Order that dictated that the percentage of tradeswomen be set at 6.9% on federally-funded jobs. I use “celebrated” in quotations because in all those years we’ve never reached that high a number. That’s about to change. But […]
by John Gaal, EdD, director of worker wellness, Missouri Works Initiative Editor’s Note: Each week, Dr. John Gaal, director of worker wellness for the Missouri Works Initiative, a non-profit workforce formed by the Missouri AFL-CIO, collects and comments on news and trends in workforce wellness and life balance. Construction Forum will be carrying the Worker […]
An extraordinary architect and leader, Hellmuth designed dozens of award-winning buildings across the globe and, as president and later chairman and CEO of HOK, raised HOK’s profile within the design community and beyond. During his leadership, HOK was listed as one of the world’s most influential companies by Time Magazine, repeatedly earned mention in Fast […]
According to a new study, the state of Missouri is losing out on nearly $250 million each year because of shady construction companies and the Carpenters Union wants it to stop. Carpenters Union representative R.J. Catizon addresses the Wentzville City Council on the problem of tax fraud in Missouri’s construction industry, Wednesday, April 12, 2023. […]
A new Where We Stand Update reports, the St. Louis region stands about in the middle among the peer regions on roadway congestion. This is different than what has been seen in the recent past, when the region has consistently been one of the least congested large metropolitan regions. It is too soon to tell if these […]
From St. Louis Post-Dispatch: The Board of Aldermen here will meet Wednesday night to decide on tax incentives for a controversial $70 million apartment and commercial complex — one week before two newly elected aldermen are sworn in. Cheryl Bratton, an opponent of the development, alleges that Mayor John Gotway’s decision to call the special […]
IBEW/NECA Electrical Connection contractors comprise 14 of the 16 largest electrical contractors ranked this year by the St. Louis Business Journal. The rankings are by local billings in 2022. Meanwhile, reflecting the robust service nationally by IBEW/NECA contractors, the top five in companywide billings nationally are all members of the St. Louis Chapter of the National Electrical Contractor […]
From Missouri Department of Economic Development: Meridian Medical Technologies, a Kindeva Drug Delivery Company and leading global contract development and manufacturing organization (CDMO) focused on drug-device combination products, announced today it will expand in Bridgeton, investing more than $100 million and creating 30 new jobs. Meridian’s expansion includes the purchase of a new, 155,000-square-foot facility […]
From Construction Business Owner: Software selection can be a daunting task, whether it’s for accounting, project management, scheduling, estimating, timecard capture, contact management or another process. Software becomes part of your infrastructure. Business is about doing better than the competition. Quality, efficiency, customer service and other processes are impacted by software. Also impacted are cost […]
From St. Louis Business Journal: A developer who set out years ago to try to revamp Laclede’s Landing into a residential area has nearly all $55 million of its planned projects either finished or under construction. Brian Minges of development firm Advantes Group and his development partners began buying properties in Laclede’s Landing, once a […]
From Missouri Department of Economic Development: This week, the Department of Economic Development (DED) recognizes National Community Development Week, April 10-14, 2023, which highlights the impact of the Community Development Block Grant (CDBG) program nationwide. The CDBG program is overseen and funded by the U.S. Department of Housing and Urban Development (HUD) and administered at […]
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