construction Archives

Nonresidential construction spending stalls in May

Bernards & Construction
by in AZRE Magazine | Construction

Nonresidential construction spending dipped 1.3 percent in May according to analysis of U.S. Census Bureau data released Friday by Associated Builders and Contractors (ABC). Nonresidential spending, which totaled $684.9 billion on a seasonally adjusted, annualized rate, has expanded 1.2 percent since May 2015. April’s nonresidential spending figure was revised upwards from $688.2 billion to $694.1 billion.… Read More →

Gardner Capital develops $18M senior housing community

Gardner Capital

Gardner Capital Development moves forward on plans to develop the El Caro Senior Residences in Phoenix after being awarded a reservation of Low Income Housing Tax Credits from the Arizona Department of Housing. The $18 million affordable senior housing project consists of 102 energy-efficient one- and two-bedroom apartments on 5-acres of land located at 19th… Read More →

Arizona Polymer Flooring building HQ in Phoenix

Arizona Polymer Flooring Headquarters (Photo courtesy of Sun State Builders)

Sun State Builders broke ground Wednesday at the site of Arizona Polymer Flooring’s new corporate headquarters in Phoenix. It marks the third small to medium sized industrial facility in the 50,000 square feet range that Sun State Builders has been contracted for in the Business Park in the last six months. The new 50,000 square-foot concrete tilt… Read More →

Construction material prices rise again in May

construction worker
by in AZRE Magazine | Construction

Construction input prices expanded by 0.7 percent in May and have now expanded for three consecutive months according to an analysis of the Bureau of Labor Statistics Producer Price Index released Wednesday by Associated Builders and Contractors (ABC). The rise follows eight consecutive months during which construction input prices fell; prices remain 3.4 percent below their… Read More →

Construction job losses hit two-year high

construction industry
by in AZRE Magazine | Construction

The construction industry lost 15,000 net jobs nationally in May, according to an analysis of Friday’s Bureau of Labor Statistics report by Associated Builders and Contractors (ABC). The report shows the loss is the industry’s worst since December 2013. April’s estimate had been revised downward from 1,000 net new jobs to a loss of 5,000… Read More →

Nonresidential construction spending drops in April

construction worker
by in AZRE Magazine | Construction

Nonresidential construction spending fell 2.1 percent in April according to analysis of  U.S. Census Bureau data released Wednesday by Associated Builders and Contractors (ABC). Nonresidential spending totaled $688.2 billion on a seasonally adjusted, annualized rate. Much like last month, the sting of a disappointing headline number was mitigated by upward revisions to the previous two months… Read More →

April construction unemployment rates improve

Construction Employment
by in AZRE Magazine | Construction

Construction employment rates improved in 44 states and the nation in April on a year-over-year basis, according to analysis of Bureau of Labor Statistics (BLS) data released Wednesday by Associated Builders and Contractors. The not seasonally adjusted (NSA) construction unemployment rate of 6 percent was a 1.5 percent drop from April 2015, continuing a streak of consecutive… Read More →

Report: March construction starts see increase

Arizona leads nation in Construction Employment
by in AZRE Magazine | Construction

Dodge Data & Analytics reported on March construction starts in the metropolitan statistical area of Phoenix-Mesa-Scottsdale, consisting of Maricopa and Pinal counties. According to Dodge Data & Analytics, the latest month’s construction activity followed this pattern: According to the Dodge’s data, construction spending in 2016 on nonresidential properties totaled $158,064,000, a four percent increase from 2015’s… Read More →

IPA starts building Generations at Ahwatukee

Flagstaff lost the highest percentage of construction jobs
by in AZRE Magazine | Construction | Medical

Investment Property Associates LLC (IPA) and Retirement Community Specialists (RCS) announced construction is now underway on its senior living community, Generations at Ahwatukee. The project, located at the southeast corner of Chandler Boulevard and 50th Street is targeted for completion by mid-summer 2017. The community will include a total of 137 units, comprised of 97 independent/assisted living… Read More →

Mortenson Construction expands East Coast footprint

construction industry
by in AZRE Magazine | Construction

Mortenson Construction announced Wednesday it has expanded its operations in the Washington, D.C. area with the addition of a new office in McLean, VA. Mortenson has been serving the mission needs of the Federal Government across the United States for more than 30 years and currently has several projects underway in the Washington, D.C. area. “The expansion of our… Read More →

Sun State Builders completes Flagstaff DES

Sun State Builders
by in AZRE Magazine | Office

Sun State Builders announced the completion of the Department of Economic Security project in Flagstaff, Arizona. The single tenant office project is 50,000 square feet, three-Stories, and is beautifully incorporated into the pines of Northern Arizona. The fully occupied office space houses eight different departments for the State of Arizona, including Child Protective Services, Economic Security, Attorney… Read More →

March construction unemployment rates improve

108696481
by in AZRE Magazine | Construction

Construction unemployment rates improved in March with 298,000 new jobs added, according to Associated Builders and Contractors (ABC). Not seasonally adjusted (NSA) construction unemployment rates for the country and 30 states were 0.8 lower than in March 2015, marking five and a half years of consecutive monthly year-over-year rate declines. The state with the lowest construction unemployment rates in… Read More →

Construction firm earns 2 marketing awards

Weitz Company
by in AZRE Magazine | Construction

The Weitz Company Phoenix office walked away as a two-time winner at the 3rd Annual SMPS Arizona Marketing Communication Awards (MCA) on Thursday, April 14. SMPS Arizona Marketing Communications Awards showcase the best and brightest creations of top local A/E/C marketing and business development professionals. The competition is friendly, but fierce, as leading industry marketers submit their… Read More →

Johnson Carlier acquires BEC Southwest

Construction Employment
by in AZRE Magazine | Construction

Johnson Carlier, a Phoenix-based general contractor, acquired BEC Southwest. Its founder and owner Marc Daniels, has rejoined Johnson Carlier as President and COO. Daniels left Johnson Carlier in 1992 to start BEC, which grew into a successful engineering and construction company that predominantly works in Northern Arizona, Colorado and New Mexico. Daniels brings 34 years of building… Read More →