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December 5, 2012News for contractors and the construction industry

  Top Story 
 

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  Infrastructure & Project Focus 
 
  • Ross: Hudson Yards is "needed for New York for the future"
      
    Source: CNBC
    The Hudson Yards project on Manhattan's Far West Side along the Hudson River broke ground on its first tower on Tuesday, according to Stephen Ross, chairman of The Related Cos. The project will create 15 million square feet of mixed-use buildings. "It's really the start of creating what I think is the new heart of New York," Ross says. The project is expected to create 23,000 construction jobs. CNBC (12/5) LinkedInFacebookTwitterEmail this Story

  • $5M and "air dancers" get Calif. rail project back on track
    A mile-long extension of California's Bay Area Rapid Transit rail system has been plagued by nesting birds, stopping work and requiring sections of the construction site to be cordoned off. The $148 million project to extend the line to Warm Springs and San Jose faced delay costs if the bird problem was not solved. Crews used sprinklers and separated bird couples and even set up inflatable "air dancers" to keep the birds away and worked overtime to stay on schedule. The total cost of their efforts? $5 million. San Jose Mercury News (Calif.) (free registration) (12/4) LinkedInFacebookTwitterEmail this Story

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  Economic Update 
 
  • "Fiscal cliff" fears blunt hiring, economists say
    Many employers who would ordinarily be hiring are refraining because of uncertainty over whether Congress will find a way to avert the U.S. "fiscal cliff," many economists say. Between July and September, worker productivity rose at an annualized rate of 1.9%, indicating that employers are squeezing as much from workers as they can realistically expect to get, some experts say. But hiring hasn't picked up. NBC News/Economy Watch blog (12/3) LinkedInFacebookTwitterEmail this Story
  • Obama continues to push for higher tax rates for wealthy
    President Barack Obama said in an interview with Bloomberg television that there will be no deal to avoid the "fiscal cliff" that does not include an increase in tax rates for the wealthiest Americans. "We're going to have to see the rates on the top 2% go up, and we're not going to be able to get a deal without it," Obama said. Bloomberg (12/5), Reuters (12/4), CBS News (12/4) LinkedInFacebookTwitterEmail this Story
 
Making the Most of Parcel Boundary Data
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  Innovation & Green Building 
  • How AEC firms become and stay globally competitive
    There are two keys to help the architecture, engineering and construction industry become and remain globally competitive, according to Virginia Tech civil engineer John Taylor. They include using a Global Self-Assessment Tool, or G-SAT, and having an employee who acts as a "cultural boundary spanner," he says. "[A]s multicultural teams adapt, their performance rapidly improves and can even possibly outperform a homogenously cultural and lingual group," Taylor asserts. LinkedInFacebookTwitterEmail this Story
  • Tokyo takes sustainability to the next level
    Tokyo’s successful Green Building Program brought its expertise to the global arena when it joined C40 Cities, "a global climate leadership initiative in which cities around the world share best practices for sustainability." This piece discusses Tokyo's GBP in greater detail and notes the recognition that the Tokyo Metropolitan Government gave to 15 new buildings as models of sustainable construction. The Atlantic Cities (12/3) LinkedInFacebookTwitterEmail this Story
  Policy Watch 
  Association News 
  • What members need to know about AGC’s free online prequalification offer from iSqFt
    iSqFt, in partnership with The Associated General Contractors of America, is giving AGC general contractor members a free online prequalification management application. Mitigate the risks associated with subcontractor selection and streamline management of your subcontractor prequalification process. Learn more about this free offering for AGC general contractors at one of the upcoming webinars on Dec. 6, 7 and 12. Learn more and register. LinkedInFacebookTwitterEmail this Story
  • Manual of Uniform Traffic Control Devices (MUTCD) Parts 1, 5 & 6
    This publication is a must-have for contractors involved in highway construction. The Federal Highway Administration has revised the Manual of Uniform Traffic Control Devices (MUTCD) Parts 1, 5 and 6 Temporary Traffic Control, and you are required to know about and meet these specifications. This manual will help you meet those requirements. Purchase it here, or visit the AGC Store. LinkedInFacebookTwitterEmail this Story
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  SmartQuote 
The forceps of our minds are clumsy things and crush the truth a little in the course of taking hold of it."
--H.G. Wells,
British author


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