Commercial
Cushman & Wakefield Launches Commercial Real Estate’s First Model Designed to Quantify AI Momentum Across the Built Environment
Landmark research tool, AI Impact Barometer, by Cushman & Wakefield, offers a data-driven view of where AI is creating demand, risk and opportunity across property markets Cushman & Wakefield (NYSE: CWK) today announced the launch of its AI Impact Barometer, by Cushman & Wakefield, a trailblazing data-driven tool designed to help investors, occupiers and developers…
CoStar Projects Stable U.S. Office Vacancy Through 2026
U.S. office vacancy projections remain virtually unchanged in a revised forecast from CoStar, the leading global provider of online real estate marketplaces, information and analytics in the property markets. After reaching a cyclical peak in mid-2025 before lowering slightly by the end of the year, the near-term U.S. office outlook now anticipates stable vacancy (14.1%) through…
Thompson Thrift Enters 40th Year with Key Strategic Hires
Thompson Thrift, a full-service nationally recognized real estate company, announced today the addition of two key leaders as the company enters its 40th year of operations. Scott Murray has joined the company as general counsel, and Matt Vance has been named chief market strategist & economist, strengthening the company’s legal, strategic and market intelligence capabilities….
Distribution / Warehouse
CoStar Ranks Top U.S. Small-Bay and Big-Box Industrial Markets
Richmond, VA, and Oklahoma City, OK, were ranked as the top-performing small-bay and big-box industrial markets, respectively, according to CoStar, the leading global provider of online real estate marketplaces, information, and analytics in the property markets. Based on a Z-score analysis of the largest 54 markets in the U.S., Richmond ranked at the top of the…
NAIOP Industrial Space Demand Forecast, Third Quarter 2025
The U.S. market for industrial space continued to slow into the first half of 2025, with only 27.0 million square feet absorbed during this period, with demand shrinking by 11.3 million in the second quarter, the first negative quarterly reading since 2010. This decline was likely driven by increasing macroeconomic uncertainty caused by unclear tariff…
United Therapeutics Unveils Net Zero Energy Distribution Center
United Therapeutics Corporation (Nasdaq: UTHR), a public benefit corporation, yesterday unveiled its new net zero energy distribution center located on the company’s co-headquarters campus in Research Triangle Park, North Carolina. “As far as we are aware, this is the first cGMP warehouse designed to meet site net zero energy standards. Achieving this goal required extensive collaboration…
Government Facilities
Unanet and CohnReznick Release 10th Annual GAUGE Report, Revealing What Sets Winning Government Contractors Apart
Unanet, the leader in AI-first ERP and growth software for the government contracting (GovCon) industry, together with CohnReznick LLP, today released the 10th annual GAUGE Report, In It To Win It: Outthink, Outbid, Outlast. Widely recognized as the most comprehensive survey of its kind, the GAUGE arrives at a pivotal moment for the federal contracting community and delivers a…
New Study Finds Deltek Costpoint Delivered 126% ROI for Government Contractors
As government contractors face growing compliance requirements, cybersecurity mandates, and increasing pressure to improve project performance, a new study suggests that modern enterprise resource planning (ERP) systems can deliver benefits well beyond accounting and financial management. Deltek recently announced findings from a Total Economic Impact™ study conducted by Forrester Consulting that examined the potential return…
Conti Federal Completes Restoration of Fort Liberty Barracks
Conti Federal Services, a leading U.S. government construction and engineering firm specializing in military construction, critical infrastructure and rapid response and recovery, has successfully completed an ambitious barracks renovation project at Fort Liberty in North Carolina, completing the project in an impressive 11 months. “The security of a nation is only as strong as the…
Health Care
Robins & Morton Celebrates Ribbon Cutting of Atrium Health Concord Freestanding Emergency Department
Construction firm Robins & Morton celebrated the ribbon cutting of the new Atrium Health Concord Freestanding Emergency Department in Concord, North Carolina. The 11,021-square-foot project was built entirely using modular construction. This offsite construction method produces an entire building in large modules – individual sections or units – that are then transported to the site,…
MUSC Board of Trustees Greenlights Integrated Center for Cellular Therapy Project
The Medical University of South Carolina (MUSC) announced plans to expand the existing cellular therapy programs and create an Integrated Center for Cellular Therapy (ICCT), with the goal of becoming the country’s leading program. The project was approved by the MUSC Board of Trustees on Dec.13. The existing facility is the only certified cellular therapy…
Healthcare Providers Can Realize Savings By Transforming Construction Approach
“Health providers seeking to lower operational, capital and maintenance costs across facilities should consider prototyping and standardizing approaches that can shift project delivery from bespoke, time intensive solutions to a manufacture-ready kit-of-parts uniquely authored by and for an organization,” said Deb Sheehan, DPR Construction’s healthcare market strategy leader at Bisnow’s Healthcare Summit Feb. 22. Healthcare systems face…
Hotels / Hospitality
First ECHO Suites Extended Stay by Wyndham Opens in South Carolina
Construction workers hitting the road for month-long projects, traveling nurses visiting a new city for extended periods and digital nomads taking advantage of today’s work-from-anywhere policies will now have a new home-away-from-home with ECHO Suites Extended Stay by Wyndham, which celebrated the grand opening of its first location, ECHO Suites Spartanburg in South Carolina. The…
Construction Set to Begin on Catawba Nation Casino
The Catawba Nation is set to begin construction on a $700 million casino project in Kings Mountain, which will create nearly 2,000 jobs, tribal leaders announced on Friday. After resolving a financial dispute with developer Wallace Cheves over the Catawba Two Kings Casino in Kings Mountain, the two parties reached a settlement this month. The…
Watercrest Myrtle Beach Assisted Living and Memory Care Honored for Outstanding Creative Landscape Design by the City of Myrtle Beach
Watercrest Senior Living Group proudly announces that Watercrest Myrtle Beach Assisted Living and Memory Care has been awarded for Outstanding Creative Landscape Design by the City of Myrtle Beach Community Appearance Board. Watercrest Myrtle Beach Executive Director Hunter Weaver accepted the award on the community’s behalf at the 2021 City of Myrtle Beach Arbor Day Celebration. The exterior landscaping…
Industrial/Manufacturing
JetZero Breaks Ground on First Aircraft Factory in Greensboro, NC
JetZero today broke ground on its first manufacturing and final assembly campus, an 8 million square foot factory on more than 600 acres in Greensboro, North Carolina. The project, supported by the largest ever State-level incentive package for any startup of any industry, will be home to production of JetZero’s next-generation aircraft and will create…
Americold Realty Trust, Inc. and EQT Announce a $1.3 Billion North American Cold Storage Joint Venture
Americold Realty Trust (NYSE: COLD) (“Americold”), a global leader in temperature-controlled logistics, and EQT, a purpose-driven global investment organization, today announced the formation of a new joint venture with EQT’s Active Core Infrastructure fund (“EQT”) focused on the ownership, operation, and potential development of high-quality cold storage warehouse facilities in North America. Under the terms of…
AbbVie Selects North Carolina for New $1.4 Billion Manufacturing Campus
AbbVie (NYSE: ABBV) today announced a $1.4 billion investment to build a 185-acre pharmaceutical manufacturing campus in Durham, North Carolina. The state-of-the-art campus will integrate advanced manufacturing and laboratory technologies with artificial intelligence (AI) to support the production of AbbVie’s immunology, neuroscience and oncology medicines. This is AbbVie’s first major investment in North Carolina. The AbbVie…
Mission Critical / Data Centers
Power Constraints, Community Concerns Shape Next Wave of Data Center Growth
As artificial intelligence continues to fuel unprecedented demand for digital infrastructure, the challenge facing the data center industry is no longer demand. It is delivery. A new mid-year update to Bloom Energy’s 2026 Data Center Power Report finds that developers remain committed to aggressive expansion plans through the end of the decade, but access to…
New AI Data Center Framework for Design, Development, and Operations Published by Leading Standards Experts
The National Electrical Manufacturers Association (NEMA), ASHRAE, and Pacific Northwest National Laboratory (PNNL) released their trilateral AI Data Center Energy Performance Framework, a comprehensive set of technical standards and industry best practices that will aid data center project developers and facility managers in the design, installation, and maintenance of critical energy infrastructure – including electrical, heating,…
Data Center Growth Fuels Gray’s Rise in ENR Rankings
Engineering News-Record (ENR) has recognized Gray among the nation’s leading contractors in its annual Top 400 Contractors report, including a significant rise to the top 15 in telecommunications sector fueled by continued growth in Data Center construction across the U.S. In this year’s rankings, Gray earned recognition as #15 Top Telecommunications Contractors. That result was further solidified by Gray’s…
Office Buildings
NAOIP: Office Space Demand Forecast, Fourth Quarter 2025
Office Market at Pivotal ‘Normalization’ Point as Macroeconomic Factors Weigh on Economy Nationwide demand for office space experienced a large shift in momentum in the third quarter, with demand growing by 19.8 million square feet compared with negative net absorption of 14.9 million square feet in the second quarter. Although the most recent quarter was…
Office Market May Be Entering a “Normalization” Phase
The NAIOP Research Foundation today released its newest office market forecast, revealing that national demand for office space surged in the third quarter of 2025 – a sharp reversal from earlier in the year that may signal the beginning of a broader market recovery. The report, “Office Space Demand Forecast, Fourth Quarter 2025,” analyzes current…
Permanent Modular Building With Palomar Modular Buildings
Jumbo Shrimp. Army Intelligence. A Little Pregnant. Permanent Modular. Which one of those terms is NOT an oxymoron? That’s right, the term “Permanent Modular” is not the oxymoron some might believe it to be. Many people think “temporary” when they think “modular building”. That’s just not correct. Although modular buildings are often used to satisfy…
Power / Energy
Duke Energy Joins Careers Electric Coalition to Strengthen North Carolina’s Skilled Trades Pipeline
As North Carolina continues to attract advanced manufacturing, data centers, energy projects, and infrastructure investment, one challenge has emerged as a common denominator across nearly every major project: finding enough skilled electricians. To help address that challenge, Duke Energy has joined the newly launched Careers Electric coalition, a national workforce initiative focused on expanding pathways…
Santee Cooper Selects Brookfield Asset Management to Proceed with Nuclear Project
After a thorough, expert-driven review of proposals from global leaders in the nuclear power industry, the Santee Cooper Board of Directors approved today a letter of intent with Brookfield Asset Management (“Brookfield”) to guide final, exclusive negotiations with Brookfield concerning the two partially built AP1000 nuclear units in Fairfield County, SC. The letter of intent…
RTI International Breaks Ground On Major Expansion Of Pilot Xcelerator Energy Facility
RTI International, an independent scientific research institute, celebrated the start of a project that will more than double the size of its RTI Pilot Xcelerator (RPX), a plug-and-play demonstration facility at its Research Triangle Park campus that helps government agencies, commercial partners and startup companies scale, engineer and test transformative energy and industrial innovations. The expansion…
Residential/Multi-Family Residential
Keystone Custom Homes Begins Construction on First South Carolina Model Home
Keystone Custom Homes announces the start of construction on its first model home in South Carolina. The model home is in their Arbor Gate community in Simpsonville, SC and will showcase the Nottingham Cottage floorplan – one of their most popular plans. This marks Keystone Custom Homes’ fourth state in which they are actively building as they expand their footprint…
Urban New Construction Is Scarce, Expensive, and in High Demand
Realtor.com® today released its first quarter 2026 New Construction Insights Report, revealing a tale of two housing markets: an urban new construction market defined by scarcity and steep premiums, and a suburban one marked by stability and competitive pricing. The report finds that while new construction has shown remarkable resilience overall, where new homes are being built is shaping who…
James Hardie Showcases the Full Power of Its Portfolio at NAHB International Builders’ Show®
James Hardie, a leading provider of exterior home and outdoor living solutions, returns to the National Association of Home Builders (NAHB) International Builders’ Show® (IBS) in Orlando from February 17 to 19. Through its recently expanded outdoor living portfolio of premium brands, including Hardie® products, TimberTech® decking and railing, AZEK Exteriors® trim and StruXure® pergolas, James Hardie will demonstrate its leadership in delivering beautiful,…
Retail / Shopping Centers
CoStar Maintains U.S. Retail Projections Through 2026
U.S. retail projections have not changed materially compared to July, according to a revised forecast from CoStar, the leading global provider of online real estate marketplaces, information and analytics in the property markets. Following positive demand and a slowdown in store closures during the third quarter of 2025, the near-term U.S. retail outlook remains unchanged from the…
Dave & Buster’s Launches Reimagined Store in Winston-Salem
Today, Dave & Buster’s, the ultimate entertainment, restaurant, and sports watching destination for families and friends, announces the opening of its completely reimagined location in Winston-Salem, North Carolina, at 3320 Silas Creek Parkway, #300 on June 7. The Future of Play is Here! Literally. The newly updated location takes everything families and crew connectors alike love about Dave &…
JETSET Pilates Signs Initial Deal in North Carolina and Eyes Further Expansion
JETSET Pilates – the Miami-based, modern Reformer Pilates franchise, combining curated music and fitness for the ultimate revitalizing experience – is thrilled to announce its plans to further expand in North Carolina through franchising. With one multi-unit deal already signed in Raleigh, the brand is seeking aspiring entrepreneurs to bring its 360-workout experience to local communities such as Asheville, Raleigh and Charlotte. The new…
Roads, Bridges and Highways
Construction Group Launches Campaign To Push For New Highway And Transit Funding To Preserve Economic Growth In Communities Across The Country
The Associated General Contractors of America is launching a nationwide campaign to push for new federal highway and transit funding to preserve economic growth in communities across the country, association officials announced today. The campaign, called America’s Moving Forward, launches as a new association analysis of federal employment data found that most major metro areas in the country…
CRH Ventures Partners with Citylogix to Accelerate Digital Transformation in Road Infrastructure Management
CRH Ventures, the venture capital unit of CRH, today announced a strategic investment in Citylogix, a North American leader in AI-powered pavement condition assessments and enterprise asset management software. Founded in 2015, Citylogix’s platform uses LiDAR, high-definition cameras, and advanced machine learning to generate digital twins of roadways, providing actionable insights for municipal and infrastructure…
Balfour Beatty Wins Prestigious CAGC Pinnacle Award for Innovative Harkers Island Bridge Project
Balfour Beatty has been honored with a 2024 Pinnacle Award from Carolinas AGC (CAGC) for its exceptional delivery of North Carolina Department of Transportation’s (NCDOT) $60 million Harkers Island Bridge Replacement project. The award was presented during CAGC’s 104th Annual Convention in Charleston, South Carolina. The CAGC’s Pinnacle Awards, co-sponsored by CPA firm GreerWalker LLP and the law…
Schools (K-12 and Higher Education)
Center for Medical Education Building construction kicks off with ceremonial groundbreaking at ECU’s Brody School of Medicine
Leaders of East Carolina University break ground on a seven-story, 195,000-square-foot Center for Medical Education Building set to open in 2027. (ECU photo)
Building Success: A Journey of Renovation and Innovation at South Carolina’s Tri-County Technical College
Embarking on a construction project is always an intricate dance of planning, execution, and adaptation. When Upstate South Carolina’s Tri-County Technical College (TCTC) chose the team of DP3 Architects and Harper General Contractors to lead the design and construction of the complex and exciting renovation of Oconee Hall on the school’s Pendleton Campus, our team…
USC Upstate breaks ground on $21M library addition
The University of South Carolina Upstate celebrated the groundbreaking of a $21 million library expansion on Thursday, April 4. The project is designed by Moseley Architects, and construction will be facilitated by Thompson Turner Construction. The project was approved by the USC Board of Trustees in December 2022. The addition marks the first time since 2009 that…
Transportation / Ports
Balfour Beatty, Metcon Joint Venture Selected for Raleigh-Durham Airport Authority Construction Program
Balfour Beatty’s Building operations and joint venture partner Metcon Inc., in association with Right Build and Varnedoe Construction, have been selected by Raleigh-Durham Airport Authority to deliver an approximately $650 million phased construction program at Raleigh-Durham International Airport (RDU). As part of its Vision 2040 Master Plan, the construction program at RDU will support growth in…
Balfour Beatty Awarded $242.35 Million Design-Build Contract by North Carolina Department of Transportation
North Carolina Department of Transportation (NCDOT) has awarded Balfour Beatty a $242.35 million design-build contract to deliver improvements to Interstate U.S. 70 between the Havelock Bypass and east of Thurman Road in Craven County. The project will upgrade the 6.4-mile section of U.S. 70 to improve mobility and military interconnectivity, support economic development and increase…
Charleston Turns to Black & Veatch to Map Out City’s Water Resilience Future
Global water solutions leader Black & Veatch today announces its selection by the city of Charleston, South Carolina, to draft a comprehensive, integrated flood mitigation plan for the 155-square-mile community along the Atlantic Ocean. With Black & Veatch serving as an owner’s agent and project lead, the extensive evaluation will help Charleston understand, plan for,…
More Markets
Unanet and CohnReznick Release 10th Annual GAUGE Report, Revealing What Sets Winning Government Contractors Apart
Unanet, the leader in AI-first ERP and growth software for the government contracting (GovCon) industry, together with CohnReznick LLP, today released the 10th annual GAUGE Report, In It To Win It: Outthink, Outbid, Outlast. Widely recognized as the most comprehensive survey of its kind, the GAUGE arrives at a pivotal moment for the federal contracting community and delivers a…
Construction Backlog Surges in May, Contractor Confidence Slips
Associated Builders and Contractors reported today that its Construction Backlog Indicator rose to 9.1 months in May, according to an ABC member survey conducted May 20 to June 3. The reading is up 0.3 months from April and 0.7 months from May 2025. View the full Construction Backlog Indicator and Construction Confidence Index data series. Backlog…
JetZero Breaks Ground on First Aircraft Factory in Greensboro, NC
JetZero today broke ground on its first manufacturing and final assembly campus, an 8 million square foot factory on more than 600 acres in Greensboro, North Carolina. The project, supported by the largest ever State-level incentive package for any startup of any industry, will be home to production of JetZero’s next-generation aircraft and will create…
Power Constraints, Community Concerns Shape Next Wave of Data Center Growth
As artificial intelligence continues to fuel unprecedented demand for digital infrastructure, the challenge facing the data center industry is no longer demand. It is delivery. A new mid-year update to Bloom Energy’s 2026 Data Center Power Report finds that developers remain committed to aggressive expansion plans through the end of the decade, but access to…
