The number of multi-family construction permits issued so far this year is at a nine year high, but that doesn’t mean there’s going to be a building boom.
The Pikes Peak Regional Building Department has issued 18 permits for developers to construct 407 multi-family units so far this year, the highest number of units approved annually [...] [...]
Penrose St. Francis Health Services is in the throes of two major construction projects, including a new medical office building just outside of the main hospital and a complete remodel of the emergency department.
The bones of the new office building are already up with an estimated completion date in the spring. Westfield Developers will own [...] [...]
Graner Music is expanding its store to include a third music studio, a café and a recital hall.
The long-time Colorado Springs music store, which outfits schools with music instruments in nearly the entire Pikes Peak region, is making space to showcase local musical talents, said Charlotte Baker, owner.
“Colorado Springs needs a place for teachers to [...] [...]
When Doug Groninger took over his father’s concrete business in 2004, he followed his father’s advice. [...]
Heavy equipment maker Caterpillar Inc. said its first-quarter profit soared more than five-fold as a growing economic recovery boosted demand for the company’s farming and construction equipment.
The results blew past analysts’ expectations and its boosted its outlook for the year. Its shares rose more than 2 percent to $115.35 in pre-market trading.
The Peoria, Ill., based [...] [...]
Builders broke ground last month on the fewest homes in nearly two years, a reflection of declines in home prices and diminished demand that has made it difficult for them to compete.
The Commerce Department says home construction plunged to a seasonally adjusted 479,000 homes last month, down 22.5 percent from the previous month. It was [...] [...]
Construction of new homes fell in October, fresh evidence that the housing industry remains under duress.
Construction of new homes and apartments sank 11.7 percent last month to a seasonally adjusted annual rate of 519,000 units, the Commerce Department said Wednesday. But that was mainly because apartment construction, which represents less than 20 percent of the [...] [...]
Home construction rose slightly last month on the strength of single-family homes, but the market was still too weak to propel growth in the battered industry.
Construction of new homes and apartments rose 0.3 percent in September from a month earlier to a seasonally adjusted annual rate of 610,000, the Commerce Department said Tuesday. It was [...] [...]
Construction employment expanded in 56 out of 337 metropolitan areas between August 2009 and August 2010 according to a new analysis of federal employment data released this week by the Associated General Contractors of America.
More cities added construction jobs during the past year than at any point since September 2008, indicating that the worst of [...] [...]
Construction spending tumbled in July to the lowest level in a decade, as the housing market struggles in the weak economy and without a popular home-buying tax credit.
Construction activity dropped 1 percent in July, the third straight monthly decline, the Commerce Department said Wednesday. Government revisions showed much weaker activity than previously reported for May [...] [...]
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