Markets

Like a student cramming for an exam, Phelps Construction Group faced a tight deadline. The Denville, New Jersey­-based company was hired to renovate a space for Kindle Education, a tuition-free public charter school with about 460 students grades 6-12. The new location, for stude...

The semiconductor industry is experiencing rapid growth in the United States, with the increasing demand for advanced electronics and the rise of artificial intelligence propelling the expansion. Stemming from the pandemic and rising to prominence as part of the new presidential...

PROJECT | Populus Hotel GENERAL CONTRACTOR | The Beck Group CLIENT | Urban Villages/Aparium Hotel Group BUDGET | $144.5 million SCOPE | Construction of the first carbon-positive hotel in the United States: a 265-room property developed by Urban Villages and designed by reno...

The Fed’s change in stance and the expectation of lower rates over the next year certainly set the stage for that. The Dodge Momentum Index, which tracks nonresidential building projects from the initial planning stages, has been steady over the last six months, indicating that d...

Moving into 2025, I have my eye on stagnant and declining property valuations in certain segments, the most notable of which is the office category. It’s no secret that the pandemic and the rise of remote work fundamentally altered the demand for office space. While construction ...

Following a gangbuster year in 2023, spending on the construction of nonresidential buildings is estimated to slow to a more modest pace of growth of just over 7% this year. Next year, gains in spending are projected to grow just 2%, according to the American Institute of Archite...

With the construction industry changing at a rapid pace thanks to the advent of AI, shifting climate conditions and increasing demand placed on workers amid a shrinking skilled-labor market, Construction Executive asked its readership to showcase what it’s like to work in today’s...

Student housing is one of Juneau Construction Company’s specialties, but the Hub Knoxville project is different. Atlanta-based Juneau is the nation’s second-largest student-housing builder, and Hub Knoxville—a three-building, 800,000-square-foot, 2,000-bed off-campus housing comp...

As 2024 comes to a close, there are several significant trends that manufacturing experts see playing out in 2025. Central State Manufacturing shares insights with Construction Executive that show how these trends build on business findings from the current year and what the comp...

The Lowcountry and Southeast Georgia are experiencing a surge in light industrial construction as businesses are drawn to the region's strategic location, growing population and available land. The significant growth in Southeast Georgia is partially due to its proximity to majo...