The Oregon contractor’s co-founder, Harry W. Seabold, died unexpectedly last year.
Source: New feed
Seabold Construction Ties Demise to Dispute with Real Estate Developer
March 18, 2024
Month: March 2024
$200M Andretti Global HQ Project Resumes With Clark as New GC
March 18, 2024
The autosports organization is also planning to build a fan-focused facility at the same site.
Source: New feed
Ten Minutes With Grant Quasha, CEO of Eco Material
March 15, 2024
Grant Quasha is the CEO of Eco Material, a leading producer and supplier of cement products using selective cementitious materials (SCMs) and other alternative material sources. The company has made significant investments in recent years to expand its supply of SCMs beyond traditional sources of waste materials produced by coal-fired power plants. Quasha spoke with ENR about the current and future prospects for alternative materials in the cement supply chain.
Source: New feed
Geotech Giant Keller Group Improves Profit With Strong 2023 Results
March 15, 2024
London-based contractor reported that Australia unit profit fraud in 2022 caused no corporate cash leakage.
Source: New feed
US DOT Awards $3.3B in Grants to Re-link Cut-off Neighborhoods
March 14, 2024
Among the awards are grants to aid 52 capital construction projects.
Source: New feed
NYC Pledges Funds to Port Authority's $10B Manhattan Bus Terminal
March 14, 2024
Major replacement and expansion is due for the 73-year-old interstate transit hub on Manhattan’s west side.
Source: New feed
Dodge Momentum Index Recedes 1% in February
March 7, 2024
Commercial planning bears the brunt of this month’s decline
BEDFORD, M.A. – March 7, 2024 — The Dodge Momentum Index (DMI), issued by Dodge Construction Network, fell 1.4% in February to 180.5 (2000=100) from the revised January reading of 183.0. Over the month, commercial planning fell 2.3% and institutional planning ticked up 0.1%.
“Weaker office and healthcare planning constrained nonresidential planning in February,” stated Sarah Martin, associate director of forecasting for Dodge. “However, the Index remains 25% higher than where it was just two years ago. Most other categories showed growth over the month and Dodge remains optimistic that nonresidential planning will stay elevated throughout 2024 alongside rising confidence in 2025 market conditions.”
Slower growth in office planning pulled down the commercial portion of the Index this month. On the institutional side, slower healthcare and amusement planning was offset by stronger education planning, keeping this portion of the DMI flat in February. Year over year, the DMI was 1% higher than in February 2023. The commercial segment was down 10% from year-ago levels, while the institutional segment was up 27% over the same period.
In February, a total of 17 projects valued at $100 million or more entered planning. The largest commercial projects included the $220 million QTS Data Center in Fort Worth, Texas, and the $150 million DOT Transit Maintenance Facility in Boulder, Colorado. The largest institutional projects comprised the $348 million Island Parkway Life Sciences Campus in Belmont, California and the $304 million New York Presbyterian Cancer Center in New York, New York.
The DMI is a monthly measure of the value of nonresidential building projects going into planning, shown to lead construction spending for nonresidential buildings by a full year.
Watch Associate Director of Forecasting Sarah Martin discuss February’s DMI here.
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