Great Expectations: Is Your 2024 What You Thought It Would Be?
By Grace Calengor
April 24, 2024
Nearly a month into Q2, is your 2024 all you wanted and more? Economists and industry experts shared their predictions at the end of last year, but now Construction Executive checks in with Dan Rosenberg, a construction and real-estate lawyer with Much Shelist P.C., about his exp...
Plan of Steel: Raleigh's Newest Adaptive-Reuse Project
By Grace Calengor
April 23, 2024
A former steel fabrication and manufacturing plant might not be the most obvious candidate for an adaptive-reuse project. But Grubb Ventures, which purchased the Peden Steel facility in Raleigh, North Carolina, in 2017 following its previous redevelopment of Dock 1053 just across...
Here Comes the Sun
By David McMillin
May 9, 2023
After more than 30 years in the construction business, jobsites can start to run together. But John Breistol, who has worked on major projects such as the development of the Fontainebleau II Hotel and Condominium Resort and the renovation of the Miami Beach Convention Center, sti...
What's Old Is New
By Christopher Durso
April 7, 2023
The 1970s were not a golden age of energy efficiency. While public awareness of environmental issues grew throughout the decade—Earth Day and the Environmental Protection Agency debuted in 1970, Woodsy “Give a Hoot, Don’t Pollute” Owl in 1971, the United Nations Environment Progr...
Everything Is Rent
By Rachel E. Pelovitz
September 29, 2022
RentCafe has ranked the most competitive apartment markets of 2022 so far (per Yardi proprietary data), and it turns out that today’s rental market is just as hot as the housing market was in summer 2020.
As of June, an average of 14 renters compete for an available apartment. R...
What Contractors and Architects Should Know About Post-Pandemic Renter Preferences
By Sarah Yaussi
May 11, 2022
Designing and developing residential spaces today means understanding how the pandemic experience has altered the way we live and the expectations we now have for our homes. To gain a better understanding of emerging attitudes toward residential rental spaces, the National Multif...
Developers Play a Role in Initiating Positive Change in Cities
By Celeste Frye
December 14, 2021
It takes a long list of people and organizations to make a city thrive—from business owners and nonprofits, to lawmakers and individual community members.
Another key player in this equation is developers: The people and companies that build the residential, office and retail sp...
Rush of Renters Creates New U.S. Markets
By Rachel E. Pelovitz
November 10, 2021
An influx of renters over the past decade has shaped U.S. suburbs, says a recent RENTCafé study. In the top 10 suburbs with heightened changes in renter share, they each saw increases by 55% or more. For example, Maple Heights, Ohio, which placed first on the list, had a 25% rent...
Apartment Construction Booms Across United States
By Construction Executive
September 30, 2021
The 2021 apartment construction market is going strong, despite the past year’s setbacks. Per a report from RentCafé, developers are putting 334,000 new apartments on the market this year, amounting to just a 2.5% drop from 2020. The steady stream of real estate has resulted in a...
Propane Offers Versatile, Reliable Energy for Off-Site Construction
By Bryan Cordill
September 9, 2021
Off-site construction is becoming more popular, especially as a way to reduce construction costs, time and the use of natural resources. Powering critical systems and appliances with an affordable, reliable energy source—like propane—can help maximize efficiency, cost savings, an...
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Apartment Construction Booms as Remote Work Changes Loom
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The COVID-19 pandemic affected numerous trends, including the availability of remote work. This, in turn, is changing how apartments are built and offices are run.
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Multi-Generational Living Is Not Only Common—It Is Increasingly Popular
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By the end of 2020, one in three 18- to 34-year-olds were living with their parents, illustrating the statistical rise in multi-generational living over the past half-century.
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Texas Prepares to House Workforce of Tech Corp Giants Leaving California
By Alexandra Ciuntu
Whether it’s employees following their companies or job hopefuls looking to relocate, the Texas housing landscape seems prepared to accommodate them all.