a Better Bubble™

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It’s Home-Building Season, but No One Is Buying Lumber

1 year 2 months ago
From WSJ:  Lumber prices have tumbled into building season, a sign that residential construction and home-improvement markets are buckling under high borrowing costs. The price of two-by-fours, which skyrocketed during the pandemic, is a reliable leading indicator for the housing market. Lately it is flashing caution. Lumber futures shed 3% Friday to end at $452.50 […]
Kacey Crawley

State of Missouri Makes Significant Investments at UMSL

1 year 2 months ago
From UMSL:  This week, Missouri Gov. Mike Parson signed the state’s Fiscal Year 2025 budget, which includes more than $36 million in capital funding for the University of Missouri–St. Louis. The budget calls for $15 million in capital funding to support the launch of the university’s new School of Engineering, as well as $20 million […]
Kacey Crawley

Why CMAR is on the Rise for Public Construction Projects

1 year 2 months ago
From Construction Dive:  The way big construction projects get done continues to evolve. Public projects used to happen via traditional design-bid-build, but today, many states and jurisdictions increasingly allow a range of delivery methods, such as construction manager at risk. That flexibility brings benefits — and potential perils — for contractors. Unlike in traditional design-bid-build, […]
Kacey Crawley

Missouri American Water to Invest $500M in System Improvements in 2024

1 year 2 months ago
From St. Louis Business Journal:  Missouri American Water is investing $360 million this year to upgrade the water treatment and distribution systems that serve most of St. Louis County and parts of St. Charles County. Much of the treatment equipment and pipes date back to the early and mid-1900s and are being replaced to enhance […]
Kacey Crawley

An Inside Look at Lincoln Middle School’s Construction

1 year 2 months ago
From The Intelligencer:  The construction is part of a $44.9 million complete construction in Phase 1 of the project. Phase 2, the renovation, is slated to cost $49.6 million All construction in the new building is on track to be done by June 2025, which is two months before the centennial celebration of the original […]
Kacey Crawley

Ameren Bought Its Largest Solar Facility Yet

1 year 2 months ago
From NPR:  Ameren has officially taken ownership of its largest solar facility yet. The project near Beardstown, Illinois, is one of three big solar projects the company is adding in 2024. The Cass County Renewable Energy Center will come online later this year and produce 150 megawatts of power, enough to power about 27,500 homes […]
Kacey Crawley

Edwardsville Developer Wants $7.5M for a New Project on Buchanan Street

1 year 2 months ago
From The Intelligencer:  A local attorney and developer seeks to revamp a chunk of Edwardsville’s downtown transition district. Chris Byron with Byron, Carlson Petri & Kalb, LLC, is planning to create Buchanan Street Plaza II that would be bordered by Buchanan, East Park, South Kansas, and East Schwarz streets. Developers plan to spend $7.5 million […]
Kacey Crawley

Shaboozey to headline Illinois State Fair

1 year 2 months ago
Shaboozey will headline the last night of the Illinois State Fair it was announced Tuesday. Shaboozey's hit "A Bar Song (Tipsy)" is one of the hottest songs of the summer so it's only fitting that he closes out the state fair. Tickets for his show will go on sale Saturday July 6 at 10 a.m. [...]
Anna Roberts

Gel blaster battle broken up in Downtown St. Louis

1 year 2 months ago
Police broke up groups of teens firing gel blasters at each other in Downtown St. Louis Monday night. The incident happened at 6th Street and Locust at around 9:15 p.m. One of the teens had several Roman candles on them.
Joe Millitzer