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Construction Industry News

Insights, Alerts & Trends | Construction IAT  |  CONSTRUCTION IAT January 22

Construction Industry News

Multifamily in 2022, much ado about Mitch and more

TOP OF THE NEWS:

Cheryl McKissack Daniel, President and CEO of construction firm McKissack & McKissack, has inspired a new drama that’s debuting on Paramount+.

POLITICAL:

Former New Orleans mayor and former Lieutenant Governor to Louisiana Mitch Landrieu has been selected by President Biden to oversee the $1 trillion set aside for national infrastructure repair – and the decision has all sides split.

The U.S. Department of Energy has launched their “Building a Better Grid” Initiative to help upgrade electric transmission lines.

ECONOMIC:

Rising property values and rent raises are expected to affect multifamily significantly in 2022.

Kohler Co.’s Power Group has acquired Heila Technologies and Curtis Investments.

SOCIAL:

Residents of Hayneville, Alabama are hoping that money from the recent infrastructure bill will help replace the aging water-based infrastructures, but a lack of political heft or financial backing may leave them hanging out to dry.

London mayor Sadiq Khan is calling for a new visa scheme that will make it easier for laborers to stay in the U.K. for longer.

TECHNOLOGY:

The city of Las Vegas has revealed its digital twin, which covers a seven square kilometer section of its downtown area, for the purposes of planning and addressing energy use.

Construction Automation’s Automatic Brick Laying Robot has received NHBC approval.

LEGAL:

Contractor Mario Nunes has pled guilty to tax evasion and filing false federal income taxes.

ENVIRONMENTAL:

Focusing on building more valuable projects, using green technology and offering decarbonization incentives are some of the ways that construction can move towards decarbonization.

PROFESSIONAL DEVELOPMENT:

Here’s what courageous leaders do.