Tag: Development
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Development Slowdown & Vacancy Shifts Reshape Sector 2025
Industrial development is settling into a more measured pace after years of rapid expansion, according to our latest industrial report. In 2024, construction starts dropped to 236 million square feet, a 35% decline from 2023 and over 60% from 2022. Vacancy rates are expected to stabilize before ticking down by mid-2025, while the development slowdown is likely to continue. …
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$250M Co-Lending Program Boosts Hotel Development
AVANA Companies, a direct lender specializing in commercial loans, announces a new co-lending construction program with IHG Hotels & Resorts, one of the world’s leading hotel companies. This collaborative initiative aims to accelerate U.S. hotel development within the IHG brand family. Hotel owners and developers seeking to build or convert properties under select IHG brands can…
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Wayne Swafford Named Chief Development Officer at LAN
Lockwood, Andrews & Newnam, Inc. (LAN) is pleased to announce the appointment of Wayne Swafford, P.E., SE, as the new chief development officer for both LAN and LEO A DALY. In his newly created role, which takes effect in March, Swafford will focus on strategic growth initiatives that enhance profitability and strengthen LAN’s position in…
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McLaren appointed for £60m Fosters development in London’s West End
McLaren Construction has been appointed to build the £60m first phase of a Foster & Partners-designed development on the corner of New Bond Street and Grafton Street in London’s West End. The 5,400 sq m retail and office development for O&H Properties includes lower ground, ground and first-floor retail space, five storeys of office and…
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S-5! Names New Manager for National Accounts & Development
S-5!, the leading authority on metal roof attachment technology, is pleased to announce the addition of Ken McLauchlan as its new National Accounts and Business Development Manager. This strategic hire is part of the company’s effort to meet the growing demand for its snow retention products across the United States. McLauchlan will concentrate on snow…
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Deere Showcases Autonomous ADT Under Development at CES
In its quest to develop technologies to meet the challenges of modern jobsites, John Deere has developed an autonomous articulated dump truck for the construction industry. For years, Deere has been working on its cross-application rev2 platform, which incorporates autonomous technology into heavy equipment. Deere, long known for its green tractors and expertise in agriculture,…
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Employee-Driven Application Development in AEC
Most AEC companies rely on off-the-shelf software, which they customize using in-house templates, libraries, and workflow automation. However, if this approach becomes too restrictive, firms often partner with external software developers or establish internal coding teams to create tailor-made tools. While custom software development can address urgent and specific needs, it comes with significant costs,…
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Land Development & Permitting | Horst Construction
What you need to know before your project begins Embarking on a land development project requires more than just a vision; it demands a thorough understanding of the permitting process and regulatory landscape. Whether you’re a seasoned developer or a first-time investor, knowing the key facts about land development and permitting is crucial for navigating…
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Land Development & Permitting: 10 Things To Know Before You Start
What you need to know before your project begins Embarking on a land development project requires more than just a vision; it demands a thorough understanding of the permitting process and regulatory landscape. Whether you’re a seasoned developer or a first-time investor, knowing the key facts about land development and permitting is crucial for navigating…
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Quickbase Rolls Out AI Capabilities for Faster Construction App Development
Quickbase, a seasoned player in the software platform industry, has unveiled a slew of enhancements aimed at streamlining construction work processes. These updates capitalize on over two decades of experience across various industries, providing robust, straightforward solutions that address real-world problems and drive significant results. Agility and adaptability are key in dynamic construction environments. Unfortunately,…