Time54 Construction Marketing’s Post

📈 Canadian Construction Industry Outlook: 2025-2028 🏗️ The Canadian construction industry is projected to grow 2% annually from 2025 to 2028, with significant growth expected in residential housing. This expansion is driven by the government’s commitment to addressing the housing deficit by constructing new affordable homes by 2030. This growth presents exciting opportunities for innovation and development within the sector, as we work towards creating more accessible and sustainable housing solutions. 🔗 Dive into the details of this projection here: https://bit.ly/3XqYTw1 #ConstructionGrowth #ResidentialHousing #AffordableHousing #IndustryTrends #PGCM

State and territory building ministers met recently to discuss a range of topics including the shift towards achieving net zero, NCC 2025, and pre-fabricated housing. The discussion about pre-fabrication is particularly noteworthy, especially since it coincides with the Prime Minister's recent announcement regarding advanced manufacturing in Australia. 🏗️ 🏠 https://lnkd.in/gj3JaNEV Property Council of Australia chief, Mike Zorbas pointed out that industrialised construction is an excellent opportunity for Australia, but requires scalability. He emphasised the need for innovation, investment, and secure demand pipelines, especially during a time of increased construction, land, and capital costs. We agree. There are already many early adopters in #MMC here in Australia, but to capitalise on this opportunity at scale, we need greater support for industry now. This requires further government subsidy, support, and investment, just like any other innovation curve. It also requires further demonstration and pilot projects at key sites across the state and the country to prove what's possible, both in terms of volumetric and prefabricated components. This can be achieved either through direct investment, subsidies and incentives in design and procurement, or a combination. 🏡 What are the benefits right now? Speed. Not cost. 🏠 🏡 What are the benefits long term? Speed, cost, diversity of workforce, security over delivery timeframes. Just to name a few. It’s certainly an exciting space, and if we end up at the forefront of it, presents a significant opportunity to tackle future housing supply challenges. At the very least, it will enhance the supply chain resilience and responsiveness. Something we have witnessed the fragility of since covid. Footnote for those who often ask what is MMC: Modern methods of construction is a process which focuses on off-site construction techniques, such as mass production and factory assembly, as alternatives to traditional onsite building. #building #construction #offsite #modern #methods #housingsupply #residential #development #future #focussed #advanced #manufacturing Q Shelter Master Builders Queensland Building 4.0 CRC Property Council of Australia Queensland

Glasgow approves 36-storey PBSA tower https://lnkd.in/eCfR7B-K Glasgow City Council has approved plans for a 36-storey student accommodation block to be built on the site of an old tax office. Read Full Article: The Construction Index #Construction #UKConstruction #Building #Infrastructure #Engineering #ProjectManagement #ConstructionNews #InnovationInConstruction #SustainableConstruction #MegaProjects

📰 At a time when housing is so desperately needed and demand far outweighs the supply, Modern Methods of Construction (MMC) could be the answer to deliver homes quickly, sustainably, and in volume. Read more on the #OffsiteHub 👉 https://ow.ly/kciK50RsbAZ #Offsite #MMC #Construction #Housing

Offsite construction for on-site efficiency. Could this be the key to unlocking the UK's housing potential? The UK faces a critical housing shortage, demanding innovative solutions and offsite construction could offer significant advantages over traditional building methods. Find out more about timber frame and SIPs construction at https://lnkd.in/eHBJ9yeM #OffsiteConstruction #HousingCrisis #UKHousing #ConstructionInnovation #Kingspan

Mitchell Brandtman QLD Quarterly Construction Cost Update Feasibilities continue to be challenged across large scale multi-residential developments and institutional developments. There is an ease for smaller scale residential developments and industrial projects, however, the key to success is largely through leveraging developer/builder relationships. Our quarterly update has been put together to help keep you informed on the movements of the market to better position yourself for your current and future projects. #quantitysurveyors #constructioncostupdate #developmentindustry #constructionindustry #keepingyouinformed Click here to view the full cost update https://lnkd.in/e9FESy-s

Rainton Construction (Scotland) Ltd will begin the £8 million revamp of Duke Street and John Knox Street as part of the multi-million-pound Avenues Plus programme in January 🚴♀️ 🏃

Embracing Offsite Construction: A Solution to Ontario's Housing Shortage? With Canada needing 5.8 million new homes by 2031, offsite construction—where homes are manufactured in factories and assembled on-site—offers a promising solution. In Sweden, this method accounts for 84% of residential construction, showcasing its efficiency. Adopting similar practices in Ontario could accelerate homebuilding and address the current housing crisis. Click the link for more information: https://lnkd.in/gFWNWeTb

Public sector investment drives growth in nonresidential construction spending, up 0.2% in March to $1.19 trillion annual rate. Strong demand in manufacturing and public projects bodes well for contractors' backlog.

Public sector investment drives growth in nonresidential construction spending, up 0.2% in March to $1.19 trillion annual rate. Strong demand in manufacturing and public projects bodes well for contractors' backlog.