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

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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

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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

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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...

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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.

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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...

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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

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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

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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

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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

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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...