Projected Increase for Nonresidential Construction in 2013
Late last month, the AIA released a report indicating that nonresidential construction is projected to increase by approximately 5% this year. While the recovery of both residential and nonresidential construction markets continues to grow slowly, the indication that it is steadily increasing marks a sense of security or stability that owners are beginning to identify in the economy. In the commercial and industrial sectors, hotels are seeing the largest projected growth at 15.7%, with retail and office buildings hovering between a 7 to 8% growth rate. In the institutional sector, construction growth is projected to be highest in health care facilities, which is expected to rise by 4.4%, while public safety spending is expected to decline in 2013.
More on the report after the break.
Vietnam Heats Up: New Developments
As billings continue to decline in the US, the nation of Vietnam is quickly emerging as a hot spot for Western architecture firms seeking new work. About two dozen North American and European firms now have projects in the Southeast Asian country, including Foster + Partners, HOK, and Skidmore, Owings & Merrill (SOM). Some are even reportedly opening permanent offices there.
Integrated Project Delivery Methodology
Integrated project delivery is designed for collaboration from the commencement of a project. The uniting of owner, architect, and contractor on a level playing field is conducive to quality delivery. This triad branches out even further when subcontractors and consultants are brought into the equation. The fundamentals of this process ensure maximum efficiency and successful project delivery from all parties involved. More details and a case study of Caltrans District 7 HQ after the break.
