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Modular making inroads among developers

The speed of construction and potential to generate revenue faster are the primary reasons multifamily, hotel and hospitality developers are embracing modular building. Modular construction could become a $130 billion market in the US and Europe by 2030 and help developers save $22 billion, according

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Construction added 158K jobs in June

The construction unemployment rate decreased to 10.1% last month as the industry added 158,000 jobs, according to the Bureau of Labor Statistics, but the numbers do not account for a surge in coronavirus cases in several Southern states. AGC has reported a 4.4% year-over-year decline

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Las Vegas aims to preserve monorail

The Las Vegas Monorail has been sidetracked due to the coronavirus pandemic but will eventually face competition from the Las Vegas Convention Center‘s underground people mover. The Las Vegas Convention and Visitors Authority is in talks with the monorail company on how to preserve its

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Stellar shifting to work-from-home model

Stellar, a fully integrated firm focused on design, engineering, construction and mechanical services worldwide, today celebrates its 35th anniversary with the announcement that the majority of its workforce will shift to a full-time work-from-home model. The moves make Stellar one of the first firms in

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I-40 interchange on the way in Oklahoma

Sherwood Construction will build an Interstate 40 interchange near Yukon, Oklahoma, under a $14.06 million contract from the state Transportation Commission. The city is a partner in the project, which is expected to start in the fall and take one year to complete. Read The

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Drop expected in put-in-place construction spending

Thirty-five megaprojects that began last year have carried over to this year and have buoyed put-in-place construction spending amid the coronavirus pandemic, according to ConstructConnect. However, spending is expected to decline 4.5% year over year. Read the Daily Commercial News story here

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