Construction Cost

Construction Costs for Institutional Projects Continue Rising for Near to Midterm

Market Outlook Q3 2013

Published 12-11-2013

Capital construction costs for institutional projects will continue rising across much of the nation due to growing market strength, regional labor shortages, rising commodity prices, and an increase in mark-ups. Construction volume, the industry’s biggest cost driver, continued its steady increase—up more than 18 percent in the third quarter of 2013 from the bottom in March 2011. At the current rate of growth, construction prices will surpass the industry trend line in 2014, repeating long-term cyclical patterns.

Building Blocks: Offsite Prefabrication Saves Time and Money

Compressed Work Schedules, Worker Safety, and Access to Constrained Sites Top Benefits

Published 11-20-2013

Offsite prefabrication of building modules can potentially transform the construction process in the United States, according to two engineers who have implemented the technique on multiple project sites. The experience of Ed Szwarc and Dean Poillucci of Skanska USA Building, Inc., indicates that assembly of such units at offsite construction facilities (OSCFs) radically compresses schedules and improves safety while also providing cost savings.

Selecting the Most Appropriate and Lean Design Strategies

Success Depends on Implementing the Best Options at the Right Time

Published 11-6-2013

Blindly trying to incorporate all the cutting-edge technologies and processes in the delivery of a new facility can lead to more waste than value. It’s important that building owners understand which Lean design principles, innovative technologies, and sustainability strategies meet their needs and add value to their specific project in a way that maximizes lifecycle performance, says Andreas Phelps, integrated projects executive at Balfour Beatty Construction.

Space Strategies 2014

November 3-4, 2014
St. Petersburg, FL

PLUS pre-conference course November 2nd!
-The Fundamentals of Space Planning and Space Management

 

The Current State and Projected Future of Research Facilities

A Wide-Ranging Discussion

Published 10-16-2013

The following is a condensed transcript of a panel discussion from Tradeline’s 2013 International Conference on Research Facilities. The panelists are William Gustafson, principal at Ballinger; Steven Frei, principal at Affiliated Engineers, and Michael Reagan, vice president of Stantec. The moderator is Steve Westfall, founder and CEO of Tradeline.

UCSF Funds Sandler Neurosciences Center by Forging New Partnerships

Public-Private Partnership Model Streamlines Delivery, Reduces Institutional Risk

Published 9-4-2013

The Sandler Neurosciences Center at the University of California, San Francisco (UCSF), is a developer-built facility created through innovative planning, development, design, and research. A public-private partnership—an alternative to the traditional design-bid-build model—applies private-sector efficiencies to an institutional project. Benefits include faster delivery, lower costs to build and operate, and reducing institutional risk by shifting responsibility for construction and ongoing maintenance to the developer.