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GroundBreak Corner

Why You Need a Geotechnical Report, GroundBreakers and Construction Economics

by GroundBreak Carolinas Staff on August 29, 2024

Why Do You Need a Geotechnical Report?

Imagine this scenario: You find a great deal on a piece of land in a prime location and even have a potential tenant lined up. As you’re wrapping up your due diligence period, you are asked about a geotechnical report. You do some digging and find out it’s required for the deal to close. Worse yet, you find it’ll take four weeks to get the report, weather permitting, and you have…four weeks left in the due diligence period. This is going to be close. You think to yourself, “Why do I even need this report!?” Read More

2024 “GroundBreakers” Honored for Positively Impacting the Carolinas Construction Industry

GroundBreak Carolinas has announced the results of our 2024 GroundBreaker Awards, an annual awards program that recognizes individuals who have gone above and beyond to make a difference for the construction community in the Carolinas. Read More.

Construction Materials Prices Increase and Construction Starts Jump 10%

Construction input prices increased 0.4% in July compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics Producer Price Index data released today. Total construction starts moved 10% higher in July to a seasonally adjusted annual rate of $1.1 trillion, according to Dodge Construction Network.

CIRT Sentiment Index: Third Quarter 2024 Released

The third quarter 2024 CIRT Sentiment Index declined, indicating respondents are less optimistic about future opportunities. The overall index score fell to 62.6 from 67.0 in the prior quarter. The third quarter Design Index also retreated, dropping to 66.3 from 71.1. Read Report

Marcum LLP Unveils Critical Industry Trends in 2024 Construction Survey Amid Economic Uncertainty

Marcum LLP, a leading advisory firm, released their 2024 Construction Survey that identifies critical industry trends amid economic uncertainty. Read More

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What We’re Reading

  • DOT to close Ponders Ray Road in Greenville for construction
    Source: Greenville Journal Published on May 16, 2025
  • Downtown Greenville storefront improvement projects approved: Design Review Board notes
    Source: Upstate Business Journal Published on May 16, 2025
  • Dealmakers: Notable commercial real estate transactions — January-March 2025
    Source: Upstate Business Journal Published on May 16, 2025
  • Planner: Networking events in the Upstate, May 16-22
    Source: Upstate Business Journal Published on May 15, 2025
  • flyExclusive revenue grows 10%, but loss persists
    Source: Business North Carolina Published on May 15, 2025

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