Panattoni Development Company Canada’s Post

🏗️ Is the Construction Industry at a Henry Ford Moment? 🚗 In a recent article by LBM Journal, industry leaders shared their predictions about the future of the housing industry, and their opinions are worth highlighting: 1️⃣ The head of one of the largest production builders in the country (US) believes that within the next three to five years, 30-50% of all housing will be built offsite. 2️⃣ Another opinion comes from an investor who compares the current state of the housing industry to Henry Ford's transformative impact on manufacturing. They predict that most housing will soon transition to offsite construction, resulting in faster production, higher quality, and lower prices. 3️⃣ Noah Knauf, a partner at investment group BOND, adds an intriguing perspective by emphasizing that housing is the only consumer product not produced in a factory. This observation highlights the potential for a seismic shift in the way business is conducted within the industry. These opinions collectively suggest that the construction industry may be on the verge of a significant transformation. The possibility of faster, higher quality, and more affordable housing through offsite construction is an exciting prospect that challenges traditional practices. What are your thoughts on this? Do you believe we are at a Henry Ford moment in the construction industry? Full article: https://lnkd.in/drtF32vc #21stcenturyhomes #affordablehomes #affordablehousing #airtightconstruction #airtightness #builtformdeveloper #cadcam #carbonfootprint #carbonsink #closedtimberpanel #construction #constructionautomation #constructionindustry #constructionrobotics #constructiontechnology #designedformanufactureandassembly #DfMA #energyeffeciency #engineeredtimberframe #engineeredtimber #homebuilders #homebuilding #housingnews #lowcarbonhomes #lowthermalbridging #massivwalls #mcc #offsite #offsiteconstruction #onedaycraneaway #passivehousebuilder #passivhaus #passivhouse #perthbuilders #perthbuilingindustry #precisionmanufacturing #realestatedevelopment #sellablefloorarea #sustainableconstruction #timberframing #townhousedevelopments #townhouses #zerocarbonhomes #zerolotbuilding #communityhousing #socialhousing #affordablehousing #homelesshousing

The Massachusetts Port Authority seeks to retain the services of a highly qualified firm to provide Construction Management at Risk Services (CM@R) on Project M647 –FLYNN CRUISEPORT MODERNIZATION, BOSTON. This project aims to provide additional Terminal 2 capacity to accommodate larger vessels homeporting at Terminal 2. This project has been categorized under four scope areas: 1. The installation of a new escalator at Terminal 2 connecting the existing Level 2 Mezzanine to Level 3, with architectural finish improvements to adjacent areas of Level 3 and the Mezzanine Level to improve the passenger disembarkation process. 2. Renovation of the 3rd floor existing exterior balcony at Terminal 2 to create a covered exterior connecting concourse with moveable rails to serve two Passengers Boarding Bridges. Level 2 Gate C will also be renovated to accommodate the second passenger boarding bridge, currently being procured by Massport. 3. Repairs at exterior column base plates in both Terminals. 4. Creation of a new 1,000-1,500 passenger lounge serving embarking passengers to serve larger ships at Terminal 2. The scope of work to create this lounge area includes façade, MEPFP, and fire-rating upgrades. The project will incorporate extensive sustainable and resilient design elements. Please follow the link below to read the full solicitation: https://lnkd.in/gXvh6Tqs

"Blackhawk Industrial Tenant Improvement Completed by Peak Construction" Read the full article below..

Great article on the role of automated construction facilities and how this impacts the SFH market/demand for industrial space.

Gannett Fleming TranSystems has proudly been selected as Lead Designer, in partnership with Lead Contractor Ajax Paving, for a $26.65M design-build project for the Florida Department of Transportation District 7 to address critical transportation needs along the heavily trafficked I-4 corridor. This project involves constructing a new truck parking facility and reconstructing the I-4/County Line Road interchange to accommodate growing truck traffic demands. The I-4 corridor is one of the nation’s busiest truck routes, currently managing over 18,000 trucks daily. To alleviate the increasing strain on existing infrastructure, this project will create more than 120 public truck parking spaces, providing a significant boost to the limited 342 private spaces currently available in the area. The redesigned interchange will also improve traffic flow and safety, essential for supporting the corridor's projected growth. A big congratulations to the project teams!👏 Ajax Paving Industries of Florida, LLC #InterchangeReconstruction #TruckFacility #ParkingFacility #Transportation #FDOT #DesignBuild

🔨 Elevation Construction: Project Debrief 🚧 We recently completed a major transformation of a 29-unit apartment complex, and we’re excited to share the results! 🏢✨ In our latest YouTube video, we walk you through the entire renovation process, including: ✅ Exterior Overhaul: We began with the roof, siding, and windows, addressing drainage issues that were causing pooling on the flat roof. ✅ Parking Lot Makeover: We demolished the old parking lot, sloped the ground for proper drainage, and laid down brand-new pavement to create a top-notch parking facility. ✅ Unit Renovations: Every single one of the 29 units was renovated, bringing them up to market standards for maximum appeal and tenant satisfaction. ✅ Enhanced Security: We installed new exterior lighting and security cameras, significantly improving safety and peace of mind for the residents. 📸💡 The results? A complete turnaround from an underperforming complex with police activity to a high-performing asset with minimal vacancy and almost no police activity. This transformation not only increased the property’s value but also elevated the living experience for tenants! 🏡📈 👉 Looking to transform an old apartment complex into a high-performing asset for your portfolio? Elevation Construction is here to help you every step of the way. Watch our debrief video to see how we can help you achieve similar results: Watch Now (link below) #ApartmentRenovation #MultifamilyRealEstate #PropertyManagement #RealEstateInvesting #ValueAdd #ConstructionExcellence #ElevationConstruction #Transformation https://lnkd.in/gnw5UrGd

South Greene Street intersection to close for BUILD Project construction GREENVILLE, N.C. — Construction related to the BUILD Project is scheduled to close an intersection in the downtown area beginning next week. The intersection of West Fifth Street and South Greene Street is scheduled to close to motorists on Monday, January 6, 2025. The closure is expected to be in place for approximately three months to allow for improvements including wider sidewalks, brick crosswalks, site furnishings, and street trees. Motorists attempting to travel north on Greene Street will be detoured onto Evans Street, West Fifth Street, South Washington Street, and West Fourth Street, as pictured above. This construction is part of the $48.5-million Better Utilizing Investments to Leverage Development (BUILD) Project that began in August 2023. For more information about the BUILD Project, including an updated project timeline and detour routes, visit https://lnkd.in/gz9cShdX. #GreenvilleNC

In the realm of decision-making, prioritizing quality over mere affordability stands out as a wise move. Just as you wouldn't compromise on the reliability of your car to save a few bucks, why take chances with something as significant as building construction? A low-cost option may seem tempting initially, but it often leads to frustration and disappointment in the long run. Consider this: while a car may last a decade, a building endures for 50 years or more. Investing in quality construction upfront ensures longevity and peace of mind. That's why, at Alston, we're committed to delivering top-notch service at a competitive price point. We understand that true value lies in quality craftsmanship and reliability, not just in cutting corners for short-term savings.

While commercial construction has been slower in 2024 compared to the previous year, the #Triangle still saw more than 200 new commercial building permits through August – 186 permits issued in Wake County, 23 in Durham and 9 in Orange. Read more about these projects in the Triangle Business Journal's special report. #commercialconstruction #commercialrealestate #newconstruction #NorthCarolina

Benefit From Our Know-How. The York Group owns and operates over 9 million SF of light industrial buildings so we know what it's like to live and work in a building after possession. That means we have learned what works and what doesn't, we learned the lessons so you don't have to. #lightindustrial #commercialrealestate #construction #albertabusiness #designbuild #commercialleasing #commercialconstruction #realestate