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January 30, 2013News for contractors and the construction industry

  Top Story 
  Infrastructure & Project Focus 
  • $350M Neb. mall redevelopment project in the works
    A $350 million mixed-use project could replace the Crossroads Mall in Omaha, Neb. The 45-acre project would feature an open-air shopping plaza, a hotel, office space, a public park and possibly a transit hub, library and county offices. OTB Destination, the developer, is hoping for an April 2015 opening. Omaha World-Herald (Neb.) (1/29) LinkedInFacebookTwitterEmail this Story
  • $230M N.J. redevelopment project to break ground in spring
    Prism Capital Partners is set to break ground this spring on a $230 million redevelopment project in West Orange, N.J. The Edison Village project will transform a former factory complex into a multifamily building with 331 apartment units. Retail space and a parking garage will also be built. NJBIZ (New Jersey) (1/29) LinkedInFacebookTwitterEmail this Story
  Economic Update 
  • Things to consider before using a "wrap up" insurance program
    In the last of a three-part series, Daven Lowhurst, a partner at law firm Jones Day, explains what issues need to be addressed before using a "wrap up" insurance program for your construction project. Some topics that need to be resolved before deciding on an owner-controlled insurance program or a contractor-controlled insurance program include coverage for "completed operations" claims and determining whether your individual policy excludes wrap coverage. Mondaq (free registration) (1/30) LinkedInFacebookTwitterEmail this Story
  Innovation & Green Building 
  • Biomimicry: The key to green infrastructure?
    Urban stormwater runoff is a widespread problem, and this piece looks at how cities are coping with it. Green stormwater infrastructure, such as rain gardens, green roofs and roadside plantings, is one way some cities are tackling the problem. The idea is that biomimicry, which simulates "the way nature collects and cleanses water," will keep a good portion of runoff from ever entering the pipe system. The Christian Science Monitor (1/29) LinkedInFacebookTwitterEmail this Story
  • 5 factors that could push sustainability to the fore this year
    A focus on sustainability could grow this year, writes Dan Probst, chairman of Energy and Sustainability Services at Jones Lang LaSalle. There are more buildings seeking green certification and more legislation that encourages energy efficiency. Probst suggests that interest in resilience and the smart grid, along with energy-use data, smart building technology and renewable energy will make sustainable construction a mainstream approach. (1/30) LinkedInFacebookTwitterEmail this Story
  Policy Watch 

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  Association News 
  • AGC to host webinar on the Affordable Care Act
    HR professionals cannot make tough company decisions regarding the Affordable Care Act (ACA) alone. As a result, many are guiding construction company owners and executives through the decision-making process to minimize the impact of the ACA on business operations. AGC's upcoming webinar series, The Affordable Care Act: The Impact of Health Care Reform on Your Construction Business, will provide those with a seat at the table the information necessary to make critical business decisions that will affect the company for years to come. The webinars will be held on Feb. 5, 7 and 12. Each webinar will be held from 2-3:30 p.m. ET. Registration for all three days is just $99 for AGC members. LinkedInFacebookTwitterEmail this Story
  • AGC of America and Computer Guidance release 2013 Construction Hiring & Business Outlook
    Significantly more construction firms are planning to add new staff than plan to cut staff while demand for many types of private sector construction projects should increase this year, according to survey results released by the Associated General Contractors of America and Computer Guidance Corp. The survey, conducted as part of Tentative Signs of a Recovery: The 2013 Construction Industry Hiring and Business Outlook, provides a generally optimistic outlook for the year even as firms worry about rising costs and declining public sector demand for construction. "While the outlook for the construction industry appears to be heading in the right direction for 2013, many firms are still grappling with significant economic headwinds," said Stephen E. Sandherr, the association’s chief executive officer. "With luck and a lot of work, the hard-hit construction industry should be larger, healthier, more technologically savvy and more profitable by the end of 2013 than it is today." Read more. LinkedInFacebookTwitterEmail this Story
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  Editor's Note 
Resentment is like taking poison and waiting for the other person to die."
--Malachy McCourt,
Irish-American actor, writer and politician

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