The 234 Apartment

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...

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...

Development Aug 25, 2017   Share Also: Freeman Webb buys in Alabama; Turner releases quarterly report ; Cool Springs Hilton topped The space for the future Nashville office of Lieff Cabraser Heimann & Bernstein is being prepped at 222 2nd, the SoBro-based mixed-use tower soon to open. Thomas Constructors is handling the build-out, with a permit valued at $600,000. The building (pictured as a rendering in the center of the above photo) is located at 222 Second Ave. S. Nashville-based Gresham Smith & Partners designed the tower and will be a tenant. Lieff Cabraser is based in San Francisco. The local office operates at One Nashville Place in the CBD. Cool Springs Hilton topped The building to eventually house the 244-room, eight-story Hilton Franklin/Cool Springs Hotel has been topped. Developer Chartwell Hospitality has slated a ceremony to recognize the milestone for Tuesday, Aug. 29, according to a release. Once completed in summer 2018, the project will include a two...