News

Construction costs have changed dramatically over the course of the past year.  View the Construction Cost Trends Infographic below for year-over-year insights into how and where costs have fluctuated.  

Dive Brief: Sheikh Mohammed Bin Rashid Al Maktoum, vice president and prime minister of the United Arab Emirates and Emir of Dubai, inaugurated Dubai’s first fully operational 3-D-printed office building this week, according to 3DPrint.com. All elements of the 2,000-square-foot building were 3-D-printed — including the furniture — with a 20-foot high, 120-foot long and 40-foot wide 3-D printer with a…

A team in earthquake-prone Seattle is daring to deliver an 850-ft-tall “proof of concept” for a composite structural-steel frame, instead of a steel frame around a reinforced concrete core. For the players, it’s not just about eliminating concrete’s bedeviling rebar congestion and potentially dangerous jump forms. And it’s not just about keeping ironworkers and concrete…

For the first time, an Atlanta apartment building will be constructed in a factory far away, shipped to the city and assembled in an effort to build more affordable housing by cutting down on construction costs. Place Properties is set to develop the prefabricated apartment project in Downtown Atlanta, on land adjacent to the former…

Texas’ already tight housing market is going to feel a bigger pinch as a result of Hurricane Harvey. The damage from the storm will add to shortages of labor and push up prices on building materials as Gulf Coast communities recover. Thousands of homes and apartments were either destroyed or damaged as Harvey moved inland…

The Cincinnati Insurance Co. has prevailed in litigation with a policyholder over the value of a claim in connection with a building destroyed by a tornado. On Dec. 31, 2010, a tornado destroyed a building leased as a medical imaging facility in Sunset Hills, Missouri, owned by the St. Louis-based Olga Despotis Trust, according to…