The debate about when construction will rebound is over. Sure, fluctuations still happen month to month. But compared to a few years ago, building is back, in all forms. According to the National Association of Home Builders (NAHB) August 17 report, “Components measuring current and future home sales also rose to or remained at new heights not seen since late 2005.”
The same can be said about commercial construction. “Nonresidential construction spending has been recovering robustly in the U.S. in recent months - up more than 11 percent on a year-over-year basis,” said Associated Builders and Contractors Chief Economist Anirban Basu.
Construction’s recent reboot is not without a few hiccups. A few factors stand in the way of sustained growth. And at the top of that list a labor shortage. Despite plenty of Read more
For an industry that was slow to jump on the tech train, construction has come a long way in a short time. Building Information Modeling (BIM) is the new standard for design while large-scale projects are being managed from smartphones and tablets loaded with construction-specific apps. Meanwhile, new construction technologies and materials are advancing construction efficiencies, quality and sustainability.
Constructech recently announced its 2015 top 50 tech firms for construction. Here’s a peak at the list leaders:
Aconex – Cloud-based project management tool and app
Asite – Cloud-based solutions for BIM, big data, productivity, collaboration, etc.
Past studies by the Department of Homeland Security have confirmed that businesses that reopen within days of a major disaster are up to four times more likely to resume normal operations, even thrive. Many businesses that are unable reopen quickly never reopen at all.
Our friends at Agility Recovery know how to get operational quickly after a disaster. Watch this video and see how their own team performed in a disaster recovery test.
$25 billion in non-residential construction starts in March marked a 32.4% climb over February numbers according to the just released Construction Industry Snapshot by CMD Group, formerly Reed Construction Data. The positive number in March confirms an upward trend in construction spending, but falls short of the same period last year when spending increased by 40.3%. For comparison, the long-term February-to-March increase has been 6.0%. See the full report from CMD here.
Subcontractors have become the norm at construction sites. The benefits to construction firms are plenty. But so are the risks. On the surface, a quality sub should make your job easier. Alternately, a sub-quality sub can put your entire operation in jeopardy. As you weigh the pros and cons of using subcontractors on the jobsite, here’s what some construction industry experts are saying as to how you can get the most out of these relationships and mitigate risk at the same time.
The only risk you assume here is time lost to vetting an unqualified sub. Take the time to Read more
The teams from Michigan State, Duke, Wisconsin and Kentucky are heading to Indianapolis this weekend to put on a show in the NCAA Final Four. Meanwhile, ModSpace is already there and working with Turner Sports to put on the March Madness Music Festival. The free 3-day concert at White River State Park, near Lucas Oil Stadium, kicks off on Friday with headliners Rhianna, Imagine Dragons, Lady Antebellum and the Zac Brown Band.
More than 40,000 spectators are expected each day at the festival. Visitors are sure to notice ModSpace office trailers everywhere, especially backstage where they’ll be used by the artists and their crews. The challenging installation required navigating 12-foot-wide office trailers down park paths with only 3 inches to spare on either side. That didn’t stop us. ModSpace was set up and ready a day ahead of schedule. Let the show begin!
In 1997 and 1998, construction accounted for 6.14% of national GDP. That number declined dramatically the following year and has risen slowly ever since. In 2013, the most recent year for this data, construction was 3.73% of national GDP. That number does not include related costs such as transportation, the demand for building materials, financial services or subsequent purchases from buyers. These additional costs add as much as 2 to 3% making construction even more Read more
Reusing portable storage units is not a new idea. In the last decade we’ve seen them used for trendy urban apartments, coffee shops, even a museum. But Taco Bell is on the verge of taking the concept mainstream. The company unveiled a restaurant built from portable storage units this week in Austin, Texas, home of the growing South by Southwest music festival.
The restaurant, which has half the footprint of a traditional Taco Bell, was built in three days and can be easily taken down and relocated. This flexibility and speed could be the key to meeting the restaurant chain’s plans of adding 2,000 new locations over the next 7 years. One Taco Bell representative said in a press release that they are likely to “explore dropping this type of asset in different locations, which will ultimately give us the ability to show up in unexpected places for our consumers.”
Of course we are big fans of modular construction and the strategic reuse of buildings. We just hope one pops up near us.
Smart phones are working in construction almost as hard as the construction professionals that use them. But finding the latest and greatest Apps can be a challenge that consumes as much time as a quality App saves. Fortunately, the gang at Sourceable.net compiled their list of the Top 10 Construction Apps to simplify our search. Click on the image below to view the full infographic and see which Apps you should be downloading.