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July Construction Starts Increase 6%, Down Slightly Year to Date

The value of new construction starts in July advanced 6% from the previous month to a seasonally adjusted annual rate of $728.1 billion, it was reported by Dodge Data & Analytics. Leading the way was a 26% jump by the nonbuilding construction sector , which reflected an improved level for public works and the start of two massive power plants , located respectively in California and New York. Residential building in July increased 8 %, as multifamily housing rebounded after three consecutive monthly declines .  Running counter was a 7% slide for nonresidential building following its 14% hike in June, as both office buildings and hotels retreated from June’s elevated activity , outweighing a sharp rise for healthcare facilities in July.  During the first seven months of 2017, total construction starts on an unadjusted basis were $411.9 billion, down 1% from the same period a year ago.  Dampening the year-to-date performance for total construction was a steep 44% decline for t...

July Construction Starts Increase 6% Nationwide | 2017-08-23

The value of new construction starts in July advanced 6 % from the previous month to a seasonally adjusted annual rate of $728.1 billion, according to the most recent report from Dodge Data & Analytics.   Leading the way was a 26% jump by the nonbuilding construction sector , which reflected an improved level for public works and the start of two massive power plants in California and New York.   Residential building in July increased 8 %, as multifamily housing rebounded after three consecutive monthly declines . Running counter was a 7% slide for nonresidential building , following its 14% hike in June, as both office buildings and hotels retreated from June’s elevated activity , outweighing a sharp rise for health care facilities in July.   During the first seven months of 2017, total construction starts on an unadjusted basis were $411.9 billion, down 1% from the same period a year ago. Dampening the year-to-date performance for total construction was a steep 44% declin...

Nordecon : completed construction of four apartment buildings in the Tivoli residential quarter

17. Aug 2017 Nordecon delivered a complex consisting of four buildings in the Tivoli residential area in Kadriorg to the contracting entity. In 2015, when the construction works of the first building commenced, medieval ship wreckages were found in the course of the works - the first of the kind excavated in Estonia. Nordecon was in charge of excavation of the ancient finds. 'Quite a few interesting and extraordinary things happened in the course of the construction works of the Tivoli residential area - for example, we found two very exciting vessels from the perspective of Estonia maritime history ,' said Erkki Suurorg, Board Member of Nordecon AS, Deputy Chairman of the Board. 'Discovery of the ship wreckages in 2015 brought plenty of excitement to the construction site: instead of the regular routine, for example, we had to excavate the large ships of value in terms of heritage conservation and demount them in one piece, not in many pieces. This was done for the f...

Chief Details Challenges Firefighters Faced at Huge College Park (MD) Fire

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( College Park Fire Department/YouTube) COLLEGE PARK, Maryland (NBC Washington) - A five-alarm fire at a College Park, Maryland, apartment building burned much longer than it should have, putting firefighters and the public at unnecessary risk, according to College Park Fire Chief Bill Corrigan . The Fuse 47 building on Berwyn House Road was still under construction at the time of the fire. FirefighterNation: Multiple-Alarm Fire at Maryland Apartment Building Construction Questioned in Maryland Five-Alarm Fire Corrigan told the News4 I-Team the standpipe valves firefighters typically use to pump water up through a building in an emergency were left in the "closed" position. The design of the building limited firefighter access to the structure, Corrigan said, and the sheer size also hampered firefighter efforts . "This building was 100 percent within the allowable parameters, but it was built to the absolute max," Corrigan said. "Probably to within ...

Sierra Leone Mudslides: A Preventable Social Disaster or an Inevitable ‘Natural Disaster’?

By Phillip Garjay Innis What lessons can African countries learn from Sierra Leone ’s devastating mudslides? Was the disaster due to natural events or is there a social dimension? Is there anything such as a ‘ natural disaster ’? What can be done to reduce risks? On August 14, 2017, torrential rainfall caused a hillside to collapse in Sierra Leone ’s capital city. This torrential downpour triggered mudslides that killed hundreds of residents and destroyed properties. As of August 19, 2017, the death toll is placed at 467, with approximately 600 still missing. Heavy rainfall is not a strange phenomenon in Sierra Leone . The country experiences heavy annual rainfall and is  ranked 12th globally  in annual precipitation by rainfall. Sierra Leone received  over 2,500 mm of rain from 2013 to 2017, according to the Food and Agricultural Organization (FAO). Sierra Leone is therefore familiar with heavy rainfall . Torrential downpours are common in August and September. The country has ...

The Cherry Creek of the Future

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The population in Cherry Creek North is set to grow exponentially as development hits a crescendo. Can the area seamlessly transition from a retail destination to a mixed-use neighborhood? Cherry Creek has come a long way from its origins as a farming community established as the town of Harman in 1886. During the early 20th century , it was just a few houses, small farms and greenhouses on 320 acres. It was considered an economical place to live.  Fast forward to today, and the town's founder, Edwin Preston Harman , likely wouldn't recognize the area, which has evolved as Denver's premier shopping and dining district and one of the priciest neighborhoods in the region to call home. Cherry Creek is is undergoing yet another transformation with the development of new apartments, condos, office space, retail projects and a new hotel. The tony shopping district is experiencing the biggest construction boom it's seen in decades, fueled by developers wan...