Monday, January 25, 2021
commercial survey

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...
turner & townsend survey

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...
homevbuilding

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...
san jose construction

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...
bar architects mass timber

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...
pce image

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),...
100 million del rey

Dodge Momentum Index moves lower in September

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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...
momentum dodge aug 2018

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...
mccarthy enr

California construction booming for the state’s largest contractors: ENR

California contractors are "riding a tidal wave of plans and projects," Engineering News-Record (ENR) reports. The engineering publication says in a recent story that...
design and construction report spring 2018 cover

Design and Construction Report: Spring 2018 magazine issue published

The spring, 2018 Design and Construction Report magazine has been published. You can view it online at this link. Features and stories include: Steel tariffs:...
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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...
san diego skatepark

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...