What are the future construction trends you should be monitoring? In this piece we’ll review some of the top commercial construction trends to watch in medical, hotel and multifamily construction and what they could mean for you in the future. We’ll also explore a sampling of the projects we’re tracking here at BuildCentral that exemplify these trends. Healthcare Construction Trends …
The top 10 leading U.S. health systems account for more than $19.8 billion in current and upcoming medical construction, according to a recent analysis from BuildCentral, down approximately 8% from 2017. Behind the numbers Compared to this time last year, BuildCentral reports a 26% percent increase in the number of newly planned and active renovation projects industry wide, with new construction and expansions …
TRANSCRIPT Now we move on to search and navigation. The layout and functionality looks similar to our online product. We have the main product level menu and the three databases, the projects, companies and people. Each database has a search panel identical to the online version. The project reports themselves are laid out in a similar way in all the …
TRANSCRIPT We’re excited to bring you build central sales force version 2.0 which provides all the data and core features of our online product within your Salesforce account. In developing version two we had two goals. The first was to bring the most important features and qualities of our online product to Salesforce. We hear how easy it is to …
Largest active projects are by Sutter Health, New York Presbyterian, and Scripps Health Ten U.S. health systems account for more than $21.5 billion of current and upcoming medical construction, according to a report from BuildCentral. “The healthcare sector continues to drive a major part of the construction market,” BuildCentral CEO Rick Kang said. “The top health systems have more than …
The new children’s hospital at Our Lady of the Lake has reached its summit in Baton Rouge, Louisiana. The Baton Rouge children’s hospital facility had a topping out ceremony on November 13th, as reported by Local CBS affiliate WFAB. As shown in BuildCentral’s MedicalConstructionData.com, the $230 million project is a six-story, 350,000 square foot facility. It features a 21-bed emergency room, …
This year’s powerful storm season left a wake of destruction, but opportunities to rebuild abound as states move into hurricane construction, digging out from storm damage. Hurricanes Harvey and Irma caused economic losses in Texas and Florida of $168 billion, according to estimates in a report by Moody’s Analytics. As Texas and Florida residents recover from the storms, the Moody’s report expects …
The multi-family construction market was strong in the first half of 2017, according to a Freddie Mac review, and indicators suggest it will stay that way. New builds of multi-family housing pushed supply up and pressed vacancy rates down. The report also signaled that economic growth will continue to support strong multifamily fundamentals for the foreseeable future. Demographic drivers like …
The luxurious Avery Place apartments are now underway in Pompano Beach, Florida. The eight-story building will feature 145 units with high-tech security systems and keyless entry locks. The Fort Lauderdale Daily reports about the Avery Place apartments: The apartments will be Wi-Fi ready and will have built-in USB chargers, keyless unit entry locks and high-tech security systems. Other amenities include interior sliding …
A spring 2018 groundbreaking is planned for a Hampton Inn in Montpelier, Vermont. The building will include 84 rooms and a new parking garage. It’s a $17 million project that local leaders expect to add to the revitalization of the city’s downtown district. The new hotel will be located adjacent tot he Capitol Plaza Hotel on State Street. Both hotels …