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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...

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...

Plans filed for largest Springfield subdivision since before the Great Recession | Local

SPRINGFIELD — A Central Oregon homebuilder wants to develop the largest new subdivision in Springfield since the years before the 2008 real estate crash . Hayden Homes filed plans this month for a 116-house subdivision dubbed “Louie Heights” on a large swath of vacant land near Jasper Road in the city’s southeast corner, planning documents filed this month by the firm show. Owned by prominent local developer and real estate manager Jack Louie , the 52-acre parcel between Jasper Road and the former Weyerhaeuser/­­Booth- Kelly logging truck road appears to be one of the largest undeveloped residential -zoned properties within Springfield’s urban growth boundary . Louie declined to comment on the plan, calling it preliminary. A Hayden Homes official listed as the project applicant didn ’t return a message seeking comment . Redmond- based Hayden Homes has built hundreds of houses and developed more than a half- dozen large subdivisions across Eugene and Springfield in the past two...

This guy is accused of swindling millions of dollars out of unsuspecting Torontonians

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Johnson Chrome was a notorious big spender with a taste for bottle service , bespoke suits and $10,000 shoes. The source of his wealth? A sophisticated identity theft scheme that may have conned Torontonians out of millions. The untold story of the city’s most wanted fraudster Photographs: All portraits via Facebook; background by iStock T he fraudster who called himself Johnson Chrome liked to sit on a bench at the intersection of Hazelton and Yorkville, smoking a Montecristo Edmundo robusto and talking about fashion, cars and cigars to anyone who’d listen. He was charming and handsome, with a neatly trimmed beard , a shaved head and perfect teeth. The perch placed him at the centre of the rarefied universe he’d come to inhabit. His condo, in the former Four Seasons hotel, was steps to the west, and he parked his black Jaguar at the Hazelton Hotel opposite . His gym, the sleek Equinox, was a minute’s walk northwest; his preferred cigar shop , La Casa del Habano , was to the sout...

Atwood development officially declared open in West Haven

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Image 1 of / 1 Caption Close Image 1 of 1 MARK ZARETSKY / HEARST CONNECTICUT MEDIA Officials from the city of West Haven, developer The Acorn Group and architect Svigals + Partners converse just prior to Thursday’s ribbon-cutting to celebrate completion of The Atwood, a 67-unit, four-story, mixed-use apartment and commercial building on Route 1. less MARK ZARETSKY / HEARST CONNECTICUT MEDIA Officials from the city of West Haven, developer The Acorn Group and architect Svigals + Partners converse just prior to Thursday’s ribbon-cutting to celebrate ... more Atwood development officially declared open in West Haven Back to Gallery WEST HAVEN >> Some residents already had moved in to The Atwood, a 67-unit, four-story, mixed-use apartment and commercial building on Route 1 — the first completed component of The Acorn Group’s ambitious University Commons project — when officials gathered Thursday to cut a celebratory ribbon to declare it open. They began moving in on Aug. 1. Addi...