RADFORD, Va. (May 18, 2021) — Global construction and development firm, Skanska, has been selected to build Radford University’s new Center for Adaptive Innovation and Creativity (CAIC). Located in Radford, Virgnia, the $80.5 million, 177,917-square-foot building will replace the existing space for the College of Visual and Performing Arts and create interdisciplinary student spaces.
HAMILTON, N.J. (May 18, 2021) — Total construction starts fell 2% in April to a seasonally adjusted annual rate of $853.5 billion, according to Dodge Data & Analytics. Single family construction posted a sizeable decline following months of strong activity, while nonresidential building and nonbuilding starts both gained.
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WASHINGTON (May 13, 2021) — Construction input prices increased 1.3% in April compared to the previous month, according to an Associated Builders and Contractors (ABC) analysis of U.S. Bureau of Labor Statistics Producer Price Index data. Nonresidential construction input prices increased 1.6% for the month.
HAMILTON, N.J.
CARPINTERIA, Calif. (May, 6, 2021) — Procore Technologies, Inc., a leading provider of construction management software, has announced it has acquired INDUS.AI, makers of an artificial intelligence-powered analytics platform for the construction industry.