The Federal Reserve building in downtown Birmingham has been purchased for renovation and development by Harbert Realty Services. The $1.3 million purchase was motivated by a desire to capitalize upon the revitalization of downtown that has occurred with the influx … Continue reading
Category Archives: commercial construction
Birmingham contractor and developer Brasfield & Gorrie have just completed construction on the $68.5 million dollar College Football Hall of Fame and Chick-fil-A Fan Experience in Atlanta. Immediately neighboring the Centennial Olympic Park and the Georgia World Congress Center, the … Continue reading
The area along Sam Houston Park Drive is so hot it recently scored a new submarket designation from the CBRE real estate services marketing company. HBW subscribers who have followed the development activity along Sam Houston Park Drive and … Continue reading
According to the American Institute of Architects, commercial building has reached its highest point since 2007. The Architectural Billings Index, which is used to predict construction spending for the next 9-12 months, scored the current market at 55.8. Scores of … Continue reading
Many HBWeekly subscribers in the Dallas construction market seeking residential building leads and commercial construction job leads have been following the building activity of Preston Hollow Village, at the corner of Walnut Hill and North Central Expressway, with tremendous interest. … Continue reading
HBW subscribers in the Miami area have already noticed the sharp uptick in phased permits, and how it affects their potential for residential construction job leads and commercial construction job leads. The economic meltdown of the last six years has left the land development pipeline … Continue reading
Birmingham’s bustling Crestline Park neighborhood will soon be home to The Gladstone townhome complex, an $11 million dollar multifamily townhome development. The Gladstone will occupy the site of the now-defunct McElwin school at the intersection of Montelvallo Road South and … Continue reading
The National Multifamily Housing Council’s quarterly survey reveals that apartment markets continue to climb. The breakeven level of the NMHC’s Survey of Apartment Market Conditions is 50; the market tightness index rose from 56 to 68 from the first quarter … Continue reading
As HBW subscribers have no doubt already noticed, builders in the Austin metro area have been very busy of late. Multifamily high-rises in downtown Austin join luxury housing communities in nearby Katy in making Austin the fastest-moving and most competitive … Continue reading
LEED certification is a credential avidly sought by many businesses and homeowners, for both the bragging rights and the tax incentives LEED brings. Rising energy costs, awareness of the huge carbon footprint generated by traditional building methods, and the desire … Continue reading