HVJ Associates®’s Post

According to a recent report by Madelyn Shields Bearn of CoStar Group, Atlanta's industrial construction pipeline is its lowest since 2018. "The amount of industrial space under construction in the Atlanta area has hit a six-year low. Following an onslaught of new development from 2021-23, the industrial pipeline in the Atlanta market has shrunk to 16.3 million square feet - the lowest figure since 2018. This could mean that industrial vacancy in Atlanta could decline faster than other markets as the area works through the supply wave." Earlier this year, Rockefeller Group completed Braselton 85 which includes two logistics facilities totaling 427,658 SF on 39 acres in Braselton, GA. Braselton 85 is located at Jesse Cronic Road and Highway 124 along Atlanta's I-85 Northeast industrial corridor, one of the areas of the Atlanta submarket that could see a decrease in vacancies heading into the second half of 2024 and into 2025. Rockefeller Group: John Petricola, Todd Parker, Tony Zang, Owen Lipscomb, Nathan Kutsche Wilson, Hull & Neal Real Estate: Joseph Rogers, Bilijack Belll, Conner Dickinson https://lnkd.in/erUDmAkm

🔔 Exciting industry news alert! Bellway has decided to withdraw its takeover bid for Crest Nicholson, according to Construction Enquirer. This development could have significant implications for the construction sector. What are your thoughts on this decision? #ConstructionNews #IndustryUpdate #BellwayCrestNicholson https://ift.tt/hdltpZk

The resounding support for MMC in the Build Space poll (only 11% voted against its future) is encouraging. Although, as the initial post acknowledged, addressing the reported issues surrounding MMC is crucial. How do you think we can better harness these techniques to make the most of the opportunity? #mmc #deliberatelydifferent #buildspace

The benefits of working with FCG... https://lnkd.in/gmUhuPfh #FlemingConstructionGroup, #commercialconstruction, #OklahomaConstruction, #constructionmanagement, #constructioncompanies, #construction #building #projectmanagement #contractors #Tulsa

#ICYMI: Check out the 2023 CAWP Annual Report and learn about CAWP's efforts and commitment to the betterment of union heavy/highway #construction in western Pennsylvania!

Continue to review contract sizes and scopes: The City has made strides to “unbundle” some construction contracts into smaller segments by dollars and scopes of work. These efforts, especially the SLBE program, should continue. 2016 KCMO DISPARITY REPORT- RECOMMENDATIONS FOR SMALL BUSINESS INCLUSION PROGRAM

In construction, every detail matters. It's the small things that make the biggest impact." 🔨 #WednesdayWisdom #AttentionToDetails #VerticeMontisConstruction #VMC

Check out Marsh McLennan Agency's feature in Illinois Road & Transportation Builders Association (IRTBA)'s Road Builders magazine on page 11 to learn how to navigate and reduce your #EMR. #Construction

💭 Ever wonder about some of the work it takes to keep Florida's bridges safe? WFTV Channel 9 news in Orlando recently went inside a Florida bridge to give the public a glimpse into how FDOT inspects them. Check it out: https://lnkd.in/e9XiW4RG? #structuralsteel #orlandobusiness #orlandosmallbusiness #smallbusinessorlando #floridacontractor #floridabusiness #floridasmallbusiness #constructionindustry #engineeringdesign #civilengineerblog #constructionwork #constructionsite #structuralengineering #steelstructure #civilengineer #civilengineering #transportation #buldingrepairs #Bridges

Forget design and construction…PELs, environmental, ROW, utilities, and funding are the sometimes invisible stages of project development that can take the longest. As always Eliza Paul, TxDOT HOU DE, added that understated humor to her talk to AGC today. With a $142B 10-year letting plan, and HOU usually receiving 10%, the district is geared up for lettings of $1B to $1.4B per year. What else… -TxDOT is promoting level-letting (more even throughout the year instead of the hockey stick that happens in August.) -Costs can go up for a good reason. For example, TxDOT may WANT to add work to the contract, resulting in a change order (and increased costs). -Interestingly, on time and on budget performance is HIGHER on projects with COs, compared to those without COs. -The 2023 UTP provided the TTC the ability to authorize up to 25% additional funding on projects in Categories 2, 4, and 12 to help account for unprecedented, increases in construction costs. #EndTheStreakTX