-
Cost of Construction Materials to Remain High
The good news for the construction industry is that the market is beginning to have some semblance of what it looked like prior to the pandemic.
-
Multi-Building Development in Haltom City, Texas, Complete
LGE Design Build, a full-service commercial general contractor with an in-house architecture firm, recently completed construction on 820 Exchange in Haltom City, Texas.
-
Supply Chain Outlook for General Contractors
In 2022, the demand for commercial construction has nearly returned to pre-pandemic levels. General contractors are beginning to fill backlog orders from the hiatus created by COVID-19.
-
A Brief Forecast of the Construction Industry Q2 2022
The construction industry in the Southwest continues to follow a positive trajectory. Growth is occurring across almost every commercial construction sector, namely industrial, office, mixed-use, retail/hospitality, healthcare, and adaptive re-use/tenant improvement.
-
The Construction Process
During construction, we manage tasks related to on-site activity and ensure that we proactively communicate with the construction team and that we adhere to weekly schedules, delivering day-to-day objectives that ensure the project is completed on time.
-
The Status of the Construction Supply Chain
To put it very simply, construction materials are in short supply. Natural disasters, manufacturing and production setbacks, logistical bottlenecks, labor shortages, and political instability have conspired to produce what several sources call a “perfect storm”
-
Under One Roof
For anyone that passes a construction project every day on their way to or from work, it’s no secret that it is a very involved process that takes months and, sometimes, even years to complete.
-
An Outlook on Material Cost for Q1 of 2022
Commodity prices have been increasing across the board. Overall construction costs for the 12-month period through the end of August 2021 rose by 4.5 percent, with material costs leading the way with a massive increase of 23.1 percent.
-
A Construction Forecast for Q1 of 2022
The positive trajectory of the construction industry in Arizona and Texas is continuing. We’ve been fortunate in that the sectors in which we build have continued to grow.
-
A Look at Construction Labor for Q1 of 2022
Labor markets continue to present challenges, and the effects are being felt across many sectors of the economy. In the construction industry, employment is nearing pre-pandemic levels, while demand for architectural work and construction is growing.