Dodge Momentum Index ends 2020 on a high note
The Dodge Momentum Index jumped 9.2% in December to 134.6 (2000=100) from the revised November reading of 123.3. The Momentum Index, issued by Dodge Data...
CHSRA releases 2020 sustainability report
The California High-Speed Rail Authority (CHSRA) has released its 2020 Sustainability Report: Building Resilience. The annual report details ongoing efforts to advance the...
Survey forecasts growth in California commercial real estate through 2022: The exception Bay Area...
The Spring/Summer 2019 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey reveals a more optimistic outlook than has been observed the last couple...
San Francisco now most expensive place in the world to build: Turner & Townsend
San Francisco has displaced New York City as the most expensive place to build, with an average cost of $417 per square foot, Turner...
Southern California residential building permits decline in 2018, while increasing in other parts of...
The Real Estate Research Council of Southern California reports that building permits were issued for 56,523 units (including single family homes and multi-family dwellings...
Residential construction worker shortage fuelled by poor pay, risky working conditions and shrinking labor...
California needs at least 200,000 new residential construction workers - but the pay is not competitive, working conditions are risky, training is scarce and...
California GovOps and WoodWorks to award $500,000 in mass timber building competition
The California Government Operations Agency (GovOps) will award $500,000 in grants as part of the 2019 California Mass Timber Building Competition. The grants will...
Swinerton Renewable Energy builds 200-megawatt Central Valley solar installation
California’s largest solar installation built exclusively for a Community Choice Aggregation (CCA) agency has broken ground in California’s Central Valley. Peninsula Clean Energy (PCE),...
Dodge Momentum Index moves lower in September
The Dodge Momentum Index dropped 2.6 percent in September to 159.5 (2000=100) from the revised August reading of 163.7. The Momentum Index is a...
Dodge Momentum Index falters in August
The Dodge Momentum Index fell 2.9% in August to 164.1 (2000=100) from the revised July reading of 169.0. The Momentum Index is a monthly...
Projects and opportunities
President Biden announces billions for high-speed rail expansion and new passenger rail
California Construction News staff writer
President Biden has announced $8.2 billion in new funding for 10 major passenger rail projects across the country, including the country’s first...
Crenshaw Crossing to receive $50 million for mixed-use development
California Construction News staff writer
SVA Architects has joined the development team for Crenshaw Crossing, a mixed-use and mixed-income project that was recently award of...
Development team takes on largest affordable housing project in San Francisco’s Mission District
California Construction News staff writer
The new Mission Economic Development Agency (MEDA) and Mission Housing Development Corporation will lead development of new permanently affordable rental...
