In downtown Phoenix, construction is hot, hot, hot! Downtown Phoenix is experiencing one of the country’s biggest construction booms with more than a dozen projects in play totaling more than $1 billion. Several hotel, multi-family and office projects are all close to starting construction in the downtown area of Phoenix, the fifth largest city in the country. Market Overview Downtown Phoenix is a major financial and government center for the southwest. Wells Fargo, JP …
Las Vegas is always a good bet, especially when it comes to construction. As a tourism and conference hub, Las Vegas always has a lot of upcoming construction projects. Unsurprisingly, some of the largest construction projects in Las Vegas are hotels. Housing is also a big part of the Las Vegas construction scene and there are some exciting commercial construction …
Read on to learn more about the trends and factors that influence apartment, condo and senior living multifamily construction. Multifamily construction growth tapering, but stable for the time being Thanks to many factors, new multifamily construction is expected to remain stable in 2020. While the full impact of the coronavirus has yet to be fully realized, a housing shortage and …
The TMC³ project at the Texas Medical Center in Houston, Texas is a massive $1.5 billion dollar project that is expected to change the physical, medical and economic landscape of the Houston market forever. With a goal of establishing Texas as the “Third Coast” for life sciences research, the collaborative project intends to help Texas compete directly with Boston and …
The three largest cities in the U.S. are now also engaged in new airport construction on a massive scale. Los Angeles, New York and Chicago collectively have international airport construction and improvements in the tens of billions of dollars. In this blog we’ll explore three unique projects at LAX, JFK, and O’Hare international airports. Check out the rest of the …
The top trends in the hotel industry today are being determined by a massive shift in consumer preferences. Input from today’s top travelers, namely Millennials and Gen Z, has transformed the way hoteliers treat and attract guests. These shifting tastes are impacting the top hotels and their interior designs, building materials, food & beverage offerings, furniture, artwork, lobbies and more. …
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What is Lincoln Yards? Lincoln Yards is a mixed-use megadevelopment helmed by Sterling Bay Companies, one of the most prolific commercial real estate owner/developers in Chicago, if not the country. Continue reading for: A Sterling Bay project analysis and project starts timeline A map of the Lincoln Yards location Lincoln Yards master plan Lincoln Yards architects Lincoln Yards renderings Lincoln …
In this episode of the ConstructionWire Podcast, we dive into some headlines from around the industry. Then, host Luke O’Brien and hotel research supervisor Peter Speerbrecker will discuss the evolution of Eaton Workshop, a unique hotel brand that merges hospitality with social change. Helmed by hotelier Katherine Lo, they consider themselves a hybrid model of a hotel, co-working members club …
Do you know the Net Promoter Score for the data you use to power your business? Many building product manufacturing firms, General Contractors and subcontractors are realizing the power of accurate construction data in helping them find the right direct sales opportunities. But if you want to buy construction leads, with so many firms offering construction data, it’s often hard …
In this episode of the ConstructionWire Podcast, we dive into some intriguing headlines from around the industry and speak with the Head of MultiFamily research, Andy Jerrick. Host Luke O’Brien and Andy will discuss millennial multifamily trends. We’ll also discuss this episode’s MegaMap project, a massive concept called Miami Freedom Park, in partnership with soccer star, David Beckham and design …