Construction Industry News

Texas middle-school students Zara Willard and Nicholas John received hands-on building experience and inspiration to pursue engineering and construction careers at TRF Camp Build in Austin last summer.

Artificial intelligence is often touted as a gamechanger for construction processes, and Document Crunch, a company co-founded by a longtime construction attorney, is already changing up one key area: construction contracts.

Students learned firsthand the skills needed for careers in construction and engineering at a Rosendin-sponsored TRF Camp Build in Austin, Texas this past summer, with others across the U.S. providing similar support.

Construction is not expected until 2027, at the earliest.

Updates about construction professionals in the Texas & Louisiana region.

“Sustainability is at the forefront of Austin’s engineering and construction practices,” Roohms says. “The industry has also been adopting digital plan delivery, which leverages shared technology among the entire project team to enhance visualization and eliminate silos.” 

“The current buzz in the construction community is the surge of large industrial projects announced this year,” says McCaskill.

In early March, contractor KDC topped off the 850,000-sq-ft state-of-the-art campus in Iving, Texas, for financial giant Wells Fargo—the firm’s first net-positive energy office complex in the U.S.

Although ENR’s indexes measure the costs of non-residential buildings, the housing market has had a major impact on index movement.

While there have been some worries about clouds on the horizon, it’s not evident from a glance at the heavy equipment market.

Executive compensation has been rising steadily since the pandemic, reaching a high-water mark in 2023. However, a cooldown in several market sectors could result in comp increases receding in the coming years.

For the first time since Q1 of 2022, construction industry executives report a stable and slightly growing market on ENR’s Construction Industry Confidence Index (CICI) survey.

The construction industry has seen some modest growth in the first quarter of 2024, but issues from the past several years are slow to recede.

ENR’s 20-city average cost indexes, wages and materials prices. Historical data and details for ENR’s 20 cities can be found at ENR.com/economics

Amtrak is using project delivery partnering for the 2-mile replacement for the Baltimore & Potomac Tunnel.

Turner Construction scrambles to expand the United Airlines flight training center in Denver on a turbocharged timeline.

The Spencer Fox Eccles School of Medicine will serve as a hub of the University of Utah’s health sciences campus.

City manages record growth and steers development while keeping an eye on quality of life.

Careful planning with built-in flexibility helps Denver Water manage its more than $1 billion in projects currently under contract.

The region’s 40 largest projects exceed $23 billion even as contractors navigate financing, supply chain and work force challenges.