Clark Construction and Mortenson Construction have teamed up to build the new Chase Center arena in the Mission Bay neighborhood of San Francisco. The two construction firms chose ModSpace to provide their on-site mobile offices. Here a ModSpace mobile office is lifted seven stories to a nearby rooftop where the project management office will reside for the next 28 months.
Construction starts will increase by 5 percent over 2016 to $713 Billion, according to Dodge Data & Analytics 2017 Construction Outlook. That’s all well and good, but the Dodge forecast was released in October 2016, before Donald Trump won the election. Now, with a Republican majority in the U.S. Congress and President Trump in the White House, many are wondering how the construction industry will be affected in 2017 and beyond.
President Trump has announced plans to address two key areas that will certainly affect construction: infrastructure and real estate.
Growing Infrastructure Opportunities
“We will rebuild our infrastructure, which will become second to none,” said President Trump in his election night victory speech. He echoed this sentiment in his inaugural address. “We will build new roads, and highways, and [Read more…] about How Could President Trump Affect Construction in 2017 and Beyond?
Amidst rumblings of a new recession, many industry experts are predicting a good year for construction. CMD (formerly Reed Construction Data) is forecasting a 6.5% rise in construction starts over the previous year. Dodge Data and Analytics is projecting a slightly more conservative 6% increase.
While the news is positive, not all markets will see the same gains. CMD’s Expansion Index evaluates key indicators of non-residential construction starts in markets across the nation and gives them a rating based on overall potential. Shrinking markets are those that receive a score of 1.0 or less. Expanding markets score 1.0 or greater. The busiest markets with ratings of 5.0 or greater are deemed hot spots.
The 2016 commercial construction hot spots according to CMD’s 18-month Expansion Index are: [Read more…] about 2016 Commercial Construction Hot Spots
Watch this short video to learn how the new ModSpace.com is the faster, easier way to lease or buy modular buildings. Then, head over to ModSpace.com and see for yourself.
There’s little doubt that the drones are here to stay for construction. Though their safe and legal use among other air traffic and over pedestrian areas is a growing concern. The Drone Act is part of the FAA Modernization and Reform Act passed by the U.S. Congress in 2012. It requires the FAA to “fully integrate the use of drones into U.S. airspace by 2015.” Several regulations have been passed as a result. Here’s what you need to know before using a drone on a construction site.
Know Before You Fly
FAA has enacted strict regulations regarding the commercial and private use of unmanned aerial systems (UAS), or drones in all shapes and sizes, including remote [Read more…] about What You Need to Know Before Using a Drone on a Construction Site