Construction Archives

Construction unemployment rises in January

Bernards & Construction
by in AZRE Magazine | Construction

The U.S. construction industry’s unemployment rate rose to 8.5 percent in January, the highest level since March of 2015, according to an analysis of U.S. Bureau of Labor Statistics data released Friday by Associated Builders and Contractors (ABC). The unemployment rate across all industries shed a tenth of a percentage point and now sits at… Read More →

December construction unemployment rates improve

homes
by in AZRE Magazine | Construction

Unusually mild weather in much of the country persisted in December, benefiting construction and reducing the size of the normal seasonal increase in construction unemployment rates. This was the warmest, or one of the warmest, Decembers on record for most cities in the eastern half of the country. Not seasonally adjusted (NSA) construction unemployment rates for the country… Read More →

Salt River Judicial Center nears completion

Salt River Judicial Center
by in AZRE Magazine | Construction | Public

The Salt River Pima-Maricopa Indian Community (SRPMIC) recently celebrated the topping out of the Salt River Judicial Center, a complex that will house the Community’s tribal court, legal services, prosecutors and defense advocates offices. The project is a joint venture of Au’Authum Ki and Kitchell, a collaboration that also completed the SRPMIC Detention Facility. Gould… Read More →

Historic Welnick Marketplace shaped into reuse project

After the original Welnick Bros. Marketplace closed in 1951, the building functioned as covered parking for businesses in the adjacent building, an auto repair shop and warehouse. (Photo courtesy of Joyce Reiff)
by in AZRE Magazine | Construction

The historic Welnick Bros. Marketplace building in downtown Phoenix has sat vacant for the past decade. But now, developers plan to restore it as an adaptive reuse project with restaurant, retail and entertainment space. Brothers Leo and Ed Welnick built Welnick Bros. Marketplace near Van Buren Street and Fourth Avenue in 1927. They operated a… Read More →

$2 billion Ritz-Carlton community approved to build

FINAL Ritz PV - Pool Rendering_email size
by in AZRE Magazine | Construction | Hospitality

Paradise Valley Town Council approved a $2 billion Ritz-Carlton community to be built that will include a Ritz-Carlton hotel, town homes and retail. The project will include a 352,000 square-foot 200-room Ritz-Carlton hotel, along with 94 single-level villas ranging from 1,700 to 3,000 square-feet and 45 single-family homes ranging from 3,000 to 6,000 square-feet. Located… Read More →

Construction material prices continue free fall

PHOTO BY: Risk Management | Monitor
by in AZRE Magazine | Construction

Construction material prices fell for the sixth consecutive month in December, losing 1.2 percent on a monthly basis and 4 percent on a yearly basis, according to an analysis of the Bureau of Labor Statistics Producer Price Index released today by Associated Builders and Contractors (ABC). Construction input prices have fallen 7.2 percent since peaking… Read More →

ABC supports bill to increase competition on Fed Contracts

construction worker

Associated Builders and Contractors (ABC) applauded the House Committee on Oversight and Government Reform’s favorable reporting of the Government Neutrality in Contracting Act (H.R. 1671) out of committee. The bill, introduced by Rep. Mulvaney (R-S.C.), will increase fair and open competition on federal and federally funded construction projects by preventing federal agencies from requiring contractors… Read More →

Will Ducey’s education plan boost development?

Ducey

The $3.5 billion plan to tap into the State Land Trust could be the answer to settling a long-running lawsuit and put more money into classrooms without raising taxes, but what impact will the plan have on commercial real estate? A voter-approved referendum in Arizona has required lawmakers to provide annual inflation-based increases to K-12… Read More →

Biltmore Financial Center undergoes renovation

Biltmore Financial Center, Courtesy of CBRE
by in AZRE Magazine | Construction

ViaWest Group is launching a multi-million dollar renovation of the Biltmore Financial Center, three Class A office buildings totaling approximately 635,000 square feet at the northwest corner of 24th Street and Camelback Road. ViaWest is committed to maintaining the legacy of the Biltmore Financial Center while evolving the property for today’s more collaborative work environments.… Read More →

Construction jobless rates improve in 37 states

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by in AZRE Magazine | Construction

Not seasonally adjusted construction unemployment rates improved in 37 states for the month of November, Arizona being one of them going from 7.3 percent to 6.3 percent in November, according to a Associated Builders and Contractors report. Overall, Arizona ranked 24th nationally. The six states with the lowest construction unemployment rates in November were New Hampshire, Colorado,… Read More →

Top 10 commercial real estate stories of the year

Bernards & Construction
by in Archives | AZRE Magazine | Construction

Here are the Top 10 commercial real estate stories of 2015, based strictly on the number of readers on azbigmedia.com. The Top 10 stories of 2015 are not based on newsworthiness or importance — although each of these stories are important and newsworthy — but by the sheer number of azbigmedia.com readers who took the time to… Read More →

Sundt Construction names district operations manager

promotion
by in AZRE Magazine | Construction

Sundt Construction, Inc. named a former senior project manager as its new operations manager for Sundt’s Southwest District. As operations manager, Jim Pullen will oversee and monitor existing division processes and effectiveness, create strategies to improve productivity and efficiency, and manage quality assurance. Pullen has been with the company for two years. When he was… Read More →

Kitchell completes renovation at Scottsdale Bible Church

Scottsdale Bible Church

Kitchell recently wrapped up its renovation of Scottsdale Bible Church’s Worship Center, a 2,000-seat space with theater-style seats and riser sections that represents a 30 percent increase in capacity. The Worship Center houses the church’s largest functions, including its magical Winter Wonder celebration of the holidays. Upgrades were made to lighting and sound, as well.… Read More →

LGE Design Build completes Peoria CenturyLink building

CenturyLink

LGE Design Build has recently completed a 7,016-square-foot building at 9165 W. Cactus Road, near Loop 101 and Grand Avenue in Peoria, for CenturyLink, a Louisiana-based provider of Internet, TV and voice services. The building is situated on 2.5 acres. The building includes supply, meeting, office, crew and break rooms. CenturyLink started operating in its… Read More →