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Commercial development metrics: Strong and still improving

Source: NAOIP, The Commercial Real Estate Development Association, Washington, D.C.

In 2014, office, retail, health care and distribution facility developers logged their best year since 2007, and saw overall commercial real estate industry economic contributions jump 40 percent from the prior year—the largest gain since market recovery began in 2011. The upbeat figures are part of the NAIOP Research Foundation’s annual state of the industry report, “The Economic Impacts of Commercial Real Estate.”

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Trades’ talent dearth tempers strong construction employment figures

Sources: Associated General Contractors of America, Washington, D.C.

An AGC analysis of federal government data finds a mixed bag of positive indicators and growth constraints: Construction employment held steady in June at the highest level in six years; the number of unemployed workers with industry experience fell to the lowest total since 2001; and, contractors in many parts of the country are having a hard time finding enough qualified workers.

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Underwriter tracks rising prescription drug abuse among construction, manufacturing ranks

Source: CNA, Chicago

New CNA Risk Control, Claim and Actuary reports examine growing prescription opioid abuse in the U.S. construction and manufacturing industries, where an estimated 15.1 percent and 6.5 percent of workers, respectively, have engaged in illicit drug use.

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ISO technical standard defines green heavy/civil parameters

Source: International Organization for Standardization, Geneva

ISO/TS 21929-2, “Sustainability in building construction—Sustainability indicators—Part 2: Framework for the development of indicators for civil engineering works,” establishes core impacts for assessing sustainability performance in new or existing non-building construction.

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Seven structures charter Green Garage Certification log

Source: Green Parking Council, Alexandria, Va.

The first facilities to attain Green Parking Council (GPC) Green Garage Certification are Bank of America Plaza, Los Angeles; BG Group Place, Houston; Canopy Airport Parking, Denver; Charles Square Hotel, Cambridge, Mass.; Cornell University Forest Home, Ithaca, N.Y.; Silver Spring Metro Plaza, Silver Spring, Md.; and, Westpark Corporate Center, Tysons, Va.

Read more: Seven structures charter Green Garage Certification log