Wednesday, January 20, 2021
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Union fund finances first San Francisco project in $1 billion initiative

The AFL-CIO Housing Investment Trust (HIT) has announced the first project under its $1 billion Bay Area Investment Initiative for jobs and affordable housing...
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California loses 5,800 construction jobs in Oct.-Nov. — the largest number in the nation

California's construction employment, affected by the COVID-19 pandemic, has declined 3 percent or 26,000 workers, in the 12 months ending in November. In October/November,...
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Monthly construction input prices decreased in November, says ABC

Construction input prices fell 0.5% in November compared to the previous month, according to an Associated Builders and Contractors (ABC) analysis of the U.S....
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Construction sector adds 27,000 jobs in November, but project cancellations and looming taxes will...

Construction employment increased by 27,000 jobs in November, as continuing robust gains in residential categories masked more sluggish increases in nonresidential jobs, according to...
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Southern California plaster tenders complete apprenticeship program with socially distanced graduation ceremony.

Representatives of the Southern California Plaster Tenders Joint Apprenticeship committee say 28 individuals on Oct. 25 earned their journeyman credentials after completing the Southern...
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California adds most construction jobs in the nation in Sept/Oct — but still is...

California ranks near the middle of the country for pandemic-related construction employment declines, with jobs decreasing 3.1% between February and October.  According to US...
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Monthly construction input prices remain stable in October, says ABC

Construction input prices remained virtually unchanged in October compared to the previous month, according to an Associated Builders and Contractors (ABC) analysis of the...
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Nonresidential construction employment expands in October, says ABC

The construction industry added 84,000 net new jobs in October, according to an Associated Builders and Contractors (ABC) analysis of data released on Nov....
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AGC of California Issues statement on diversity and inclusion

The Associated General Contractors of California (AGCC) issued the following statement on Oct. 18. In the wake of important and timely conversations surrounding diversity, equity,...
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Monthly construction input prices rise in September, says ABC

Construction input prices increased 1.6% in September compared to the previous month, according to an Associated Builders and Contractors (ABC) analysis of Producer Price...
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Projects and opportunities

NAVFAC Southwest awards $750 million contract for waterfront facilities construction, renovation, repair

The Naval Facilities Engineering Systems Command (NAVFAC) Southwest awarded a $750 million maximum contract for new construction, repair, and renovation of waterfront facilities at...
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Construction begins on “best municipal skatepark in California”

Spohn Ranch has started construction on La Quinta’s X Park that would be "the best municipal skatepark in the State of California." The 40,000-sq.-ft. facility...

San Diego residential project secures $20.7 million construction loan

ACRES has originated a $20.7 million loan to fund the construction and stabilization of the North Park Community Center, a multifamily project featuring multifamily...