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These cities had the most hotel projects planned or under construction at the end of Q2, according to Lodging Econometrics. Dallas and Atlanta were among the top U.S. markets with the largest hotel construction pipelines at the end of this year’s second quarter, according to Lodging Econometrics’ Q2 2023 U.S. Construction Pipeline Trend Report. Dallas’ pipeline reached 184 projects, or 21,501 rooms, at the end of Q2, while Atlanta’s pipeline totaled 141 projects, or 17,993 rooms. Other markets leading the U.S. hotel construction pipeline at the end of the second quarter were Phoenix with 119 projects, or 16,107 rooms; Nashville with 116 projects, or 15,346 rooms; and Los Angeles with 112 projects, or 17,797 rooms. Development and investment activity in these markets gained momentum in the second quarter, as major hotel players followed changing leisure and business traveler demand trends.
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#12 Bend, Oregon – Allied Partners' home and headquarters. According to one reader, Bend, Oregon "has a very great small-town atmosphere without necessarily being 'small town.'” Just a 30-minute drive east of Mt. Bachelor, the city is the perfect base from which to spend the day on the slopes and the evening at a brewery...
Bottom line - Come visit us in Bend! Read the full article Here!
Collaboration, collaboration, collaboration: This mantra can make the difference between a successful partnership or a contentious experience between architects and contractors.
According to a study by the American Institute of Architects and the Associated General Contractors of America, both groups value early and frequent collaboration as key to building strong relationships. The majority — 80% of architects and 73% of contractors — targeted design development as the ideal project phase for starting the teamwork....It’s best when the client brings on contractors for pre-construction advising and cost estimates, so we can include their input during design development,” said architect Kate Conley, partner at San Jose, California-based Architects FORA. “They can offer ideas getting the same result in a more affordable way.”
Read the Full Article Here.
Allied Partners had a great time this month supporting Pacific Retirement Services and the Rogue Valley community! The 2023 Annual Golf Tournament - Giving Through Golf is a great cause that benefits The Rogue Valley Manor Employee Scholarships and Education, Community Housing, and the Community Volunteer Network.
The modular construction sector has witnessed an increasing demand across the world due to the growth in the number of residential as well as commercial buildings. There are several benefits of modular construction which include flexibility, environment-friendliness, and others, which is projected to drive this market’s growth. Further, there has been a surge in the number of infrastructure projects in the urban as well as rural areas due to speedy urbanization and adoption of latest manufacturing techniques which may prove beneficial for this market’s growth.
There has been a surge in the modular construction activities in several industries such as healthcare, educational, hospitality, and others, which has resulted in the growth of this market. Further, the modular construction is cost-efficient and requires less time for construction than the traditional construction. This is also an important factor contributing for this market’s growth. Furthermore, due to the rising number of government initiatives related to infrastructure in metropolitan cities and rural areas, has led to an increasing demand for modular construction, thus, leading to the growth of this market. Read the full article here from Fortune Business Insights:
This past month Allied Partners took our annual company retreat on a company cruise! While at sea we explored various topics, all based around exceeding our project Owners’ expectations.
Some discussions centered around Artificial Intelligence (A.I.), which allowed all of us to develop a deeper understanding of this technology and its opportunities for our projects. We also brainstormed various ways to help our Owner’s navigate the ever-changing international construction landscape.
In addition to the educational and work-focused activities, during the retreat, our employees also took part in many team-building exercises, getting to know one another away from the office. The Allied retreat was a huge success and thank you again to all of our dedicated Allied Partners (Owners & Employees).
We truly couldn’t do it without you!
The Cost of construction materials remains 37% higher than pre-pandemic according to latest ABC analysis
The price of construction materials rose 1.3% in January 2023 alone, according to new data by Associated Builders and Contractors. In addition to being 1.3% higher than December 2022 figures, the prices are also 4.9% higher than this time last year, the smallest annual increase since January 2021.
“Recent employment and retail sales reports indicate that the economy is not slowing nearly as quickly as predicted,” said ABC Chief Economist Anirban Basu in reaction to the latest figures. “That is the good news. The bad news is that the economy remains overheated, a phenomenon neatly reflected in the January PPI data, which indicated that construction input price gains accelerated on a monthly basis. For instance, construction machinery and equipment prices expanded 3.4% in January and are up more than 12% during the past year.”
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Out of more than 400 submissions, these 31 women stand as examples of how intuition,
dedication and intelligence are shaping the industry.
"Not long ago, it was unusual to find more than just a few women working in a skilled trade or leading a team on a construction project. While women still only make up a little more than 14% of the construction workforce, more join the industry as superintendents, project managers, department directors, CEOs and trades workers every year.
Women in construction are not only working to build some of the country’s largest and most important projects, they also are leaders in another important area: helping to recruit more women into the industry.
Many women in construction act as mentors, teachers, and advocates to help elevate the industry and
make it an attractive career option for other women."
Read the Full Article from Construction Dive Here!
From an NFL stadium to a major airport expansion and a massive manufacturing plant, these high-profile, high-impact projects are expected to hit significant milestones this year. New York Gov. Kathy Hochul approved the stadium project last March. Several contributors will fund the project, which will be among the most expensive ever built. The Bills and the NFL will provide $550 million, Erie County $250 and New York state $600 million. Per an agreement with the state, the stadium must include at least 60,000 seats.
The terminal projects at John F. Kennedy International Airport are part of its transformation to accommodate dramatic expected growth in coming years. The $400 million Terminal 8 modernization began in 2019 and wrapped in 2022, but other elements are still underway. In the coming year,
construction is expected to advance on Terminals 1, 4 and 6.
Read more about these exciting projects HERE.
Allied Partners is proud to help facilitate our beloved Oregon Ducks on this exciting project coming to Eugene!
"The University of Oregon athletic department, in partnership with Emerald Valley Golf Club,
The University of Oregon Foundation and O&S Contractors, is excited
to announce plans for a 6,000-square-foot, indoor/outdoor teaching facility at Emerald Valley Golf Club.
The new Peter and Jan Jacobsen Teaching Facility, nicknamed "The Jake," will serve as a state-of-the-art practice, instruction and teaching facility that allows Oregon men's and women's golfers use of the latest in golf technology and resources in a weather-protected environment. The facility will include three oversized driving range bays with integrated TrackMan technology, an indoor putting studio and covered outdoor heated driving range."
Read the Full story HERE!
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