Slight Rebound in Architecture Billings Index
WASHINGTON – Following a drop of nearly three points last fall, the Architecture Billings Index nudged up more than two points from January to February, according to figures released today.
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Slight Rebound in Architecture Billings Index
WASHINGTON – Following a drop of nearly three points last fall, the Architecture Billings Index nudged up more than two points from January to February, according to figures released today.
As a leading economic indicator of construction activity created by the American Institute of Architects, the ABI reflects the approximate nine- to 12-month lag time between architecture billings and construction spending.
Read More Slight Rebound in Architecture Billings Index
WASHINGTON – Following a drop of nearly three points last fall, the Architecture Billings Index nudged up more than two points from January to February, according to figures released today.
As a leading economic indicator of construction activity created by the American Institute of Architects, the ABI reflects the approximate nine- to 12-month lag time between architecture billings and construction spending.
Read More Featured Event
Calif. Introduces Mandatory Green Building Code
SACRAMENTO, Calif. — California is the first state to introduce mandatory green building standards after a new policy was created to achieve a statewide goal of 33 percent renewable energy use by 2020 and reductions in greenhouse gas emissions, energy consumption, and water use.
Ellerbe Named Architect for $150 Million Project
CINCINNATI — International architectural firm Ellerbe Becket was named lead design architect for a new $150 million hospital planned for a 60-acre parcel on Cincinnati’s west side.
The firm will partner with Champlin Architecture, based in Cincinnati, to design the new hospital for Mercy Health Partners. The hospital will house comprehensive healthcare services, including heart and cancer, according to Ellerbe.
Read More $35 Million Cancer Center Reaches Halfway Mark
WARRENVILLE, Ill. — Construction has passed the halfway point on the $35 million Central DuPage Hospital outpatient cancer treatment and imaging center in Warrenville.
The center is located five miles south of the hospital’s main campus in Winfield, where a 276,000-square-foot bed pavilion is also being constructed.
Read More TowerPinkster Named Best Firm to Work For
TowerPinkster Named Best Firm to Work For
KALAMAZOO, Mich. — Architectural and engineering firm TowerPinkster was selected as the best mid-size firm to work for by managing consultant and research firm ZweigWhite and engineering media specialists Stagnito Media.
The two organizations selected TowerPinkster as part of their annual ranking of top industry firms.
Read More Work Begins at Calif. VA Health Center
PALO ALTO, Calif. — Approximately 150 local veterans, residents and U.S. Department of Veterans Affairs employees attended the July groundbreaking for the Veteran Affairs Palo Alto Health Care System’s newest addition, an inpatient mental health center.
The ceremony was held outside the outmoded and seismically unsafe mental health center at the VA’s Palo Alto campus.
Geo Group Expands Operations with Just Care Inc. Acquisition
BOCA RATON, Fla. — Private prison operator GEO Group, announced a $40 million deal to expand its healthcare operations through the purchase South Carolina-based provider of detention healthcare Just Care Inc.
GEO Group expects the acquisition to add $30 million in revenue and 4 cents to annual profit per share.