Insights, Alerts
& Trends
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.