Commercial
NAIOP: Commercial Real Estate Impact on U.S. Economy Grows
The impact of new commercial real estate development and of the ongoing operations of existing commercial real estate buildings in the United States continues to grow, according to the annual Economic Impacts of Commercial Real Estate, 2022 U.S. Edition, research study conducted by the NAIOP Research Foundation. The combined economic contributions of new commercial building development and…
LyonJay Announces New Joint Venture Company, Gaskin Banks
LyonJay announced their new joint venture company, Gaskin Banks. Gaskin Banks has joined together experts in land development to provide solutions that will better service institutional Build-For-Rent aggregators. The company’s main goal is to redefine land development by adding value and providing unmatched service, with a vision of bringing communities to life. By partnering with…
Choate Construction Tops Out Credit One Stadium in Charleston
Charleston, SC (August 4, 2021) The Credit One Stadium, formerly known as the Volvo Car Stadium, celebrates a pivotal construction milestone. During a topping out ceremony hosted by general contractor Choate Construction, project team members gathered within the demolished interior of the former stadium to watch as the last structural steel beam was lifted and…
Distribution / Warehouse
Supply Unchained: Codependent Infrastructure and Last-Mile Logistics Critical to Economic Growth
As the country begins its economic recovery efforts in all industries, it remains clear that last-mile logistics and solid infrastructure are key to seamlessly fueling growth throughout commercial real estate and beyond. Historically, the health of the commercial real estate segment has been a trustworthy indicator of the elasticity of the U.S. economy. CCIM Institute…
E. & J. Gallo Winery Establishing East Coast Operations in South Carolina
Governor Henry McMaster and the S.C. Department of Commerce today announced that E. & J. Gallo Winery (Gallo), a global wine and spirits company, will build a new state-of-the-art production facility and distribution center in Chester County to support future business growth and its long-term innovation plans. The $423 million investment will create 496 new jobs over…
A M King Breaks Ground on ALDI Divisional HQ and Distribution Center in Southern Alabama
Carolinas-based A M King, an integrated Design-Build Firm, has partnered with ALDI U.S. to provide property consulting, design, and construction of ALDI’s new facility in Loxley, AL. The 570,660-square-foot divisional headquarters and distribution center will service more than 100 stores in southern Alabama, Mississippi, Louisiana and the Florida panhandle. The grocery retailer, which opened its…
Government Facilities
Fluor Selected by U.S. Department of Energy for Position on Nationwide Indefinite Delivery/Indefinite Quantity Contract
Fluor Corporation (NYSE: FLR) announced today that the U.S. Department of Energy (DOE) Office of Environmental Management selected the company for a position on the multiple award Indefinite Delivery/Indefinite Quantity (IDIQ) contract to provide nationwide Deactivation, Decommissioning and Removal (DD&R) of facilities, waste management and program support. As one of nine companies selected, Fluor is eligible…
Corvias Renovates 480 on-Base Houses at North Carolina Military Base
Corvias, a partner to the U.S. military for the construction and management of on-base housing, nears completion of renovating 480 homes at Seymour Johnson Air Force Base. Renovations are expected to be completed this summer. “We are in the final stretch of renovations with just 10 homes remaining,” said John G. Picerne, Founder and CEO…
Turning Old in to New In Durham, NC
The new Durham County Administration Building will be the central location for Durham County’s management and administrative functions. Once home to the Durham County Judicial Building (constructed in 1978) the newly renovated structure will house nine county departments, community meeting spaces, a fitness center, TV studio, and two-ground floor retail tenants. The design had to…
Health Care
ECU Health Partners With Acadia Healthcare to Build a New Behavioral Health Hospital Expanding Access to Behavioral Health Service
July 19, 2022 10:15 AM Eastern Daylight Time GREENVILLE, N.C.–(BUSINESS WIRE)–ECU Health and Acadia Healthcare announced today plans to build a state-of-the-art, 144-bed behavioral health hospital in the medical district of Greenville, N.C., less than a mile from ECU Health Medical Center. This new facility will be a center of excellence, providing North Carolinians with…
Ameresco Begins Phase Two of Energy Savings Project at the Medical University of South Carolina
–Ameresco, Inc. (NYSE:AMRC), a leading energy efficiency and renewable energy company, today announced that it has begun phase two of a comprehensive energy savings project at the Medical University of South Carolina (MUSC), one of the nation’s top academic health science centers and the largest medical school in South Carolina. MUSC financed this project under an energy savings performance contract (ESPC) and…
New Medical Office Building Completed by Mashburn Construction in Irmo, S.C.
Columbia, S.C.— Mashburn Construction is pleased to announce the completion of Irmo Wellness Center, a two-story medical office building in Irmo, S.C. This is the second building that Mashburn has constructed for South Carolina Internal Medicine. The 43,480-square-foot building was constructed using 66 tilt-up concrete panels, allowing for a more aggressive schedule and a most cost-effective…
Hotels / Hospitality
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…
Historic Black Social Club Starts Renovation, Seeks Black Architects to Restore Charlotte Landmark
The new owners of the historic Excelsior Club announced this week they are seeking distinguished Black architects from around the nation to participate in the redevelopment and revival of the club, a longtime epicenter of African-American politics and culture in North Carolina. The Excelsior Club opened in 1944 as a fashionable nightclub that attracted Black professionals and politicians…
Blending Business, Friendship & Family: Creative Builders and Saskatoon Lodge Partnership
Will McCauley and the team at Creative Builders have gone back and forth with Greenville, S.C.’s Saskatoon Lodge Restaurant and Event Center team, trading places as vendors, customers, and coworkers. Creative Builders played a large role in constructing the restaurant’s new venue on Halton Road — and they also did the upfit renovation that turned…
Industrial
Woofspeed Selects North Carolina for its Semiconductor Manufacturing Plant
Wolfspeed, a global leader in silicon carbide semiconductor manufacturing, announced that it has chosen Siler City, North Carolina, as the location for its newest semiconductor manufacturing plant. The company plans to invest more than $5 billion in this project and will create 1,800 jobs, becoming the largest capital investment for an economic development project in…
Black & Veatch Construction Management Effort Recognized with Top Public Works Project of 2022 by American Public Works Association
The American Public Works Association (APWA) has named a Black & Veatch-managed sewer tunneling project in South Carolina the “2022 Public Works Project of the Year,” reflecting Black & Veatch’s excellence in construction management involving sustainable infrastructure. The Renewable Water Resources (ReWa) Reedy River Basin Sewer Tunnel — also known as the “Dig Greenville Project” — won…
A M King Wins Best Project Award from DBIA Southeast for North America’s Largest Avocado Ripening & Processing Facility
Carolinas-based A M King, a leading integrated Design-Build firm with offices in Charlotte, NC, Greenville, SC. and Chicago, IL, has been recognized with a 2022 Best Project Award from the Design-Build Institute of America’s Southeast Region. A M King was singled out for its exemplary project delivery of what is now North America’s largest avocado…
Mission Critical / Data Centers
DC BLOX’s New Greenville Data Center is Open for Business
DC BLOX, a provider of interconnected multi-tenant data centers that deliver the infrastructure and connectivity essential to power today’s digital business, announces the opening of its Greenville, South Carolina data center. The data center, designed to Uptime Institute’s Tier III standards, is the first-of-its-kind multi-tenant data center located in South Carolina. The initial 25,000 square foot facility can…
Apple to Invest $1 Billion, Hire 3,000 in North Carolina
Apple has selected North Carolina’s Research Triangle region as the location for its newest research and development campus and will create 3,000 jobs in Wake County, Governor Roy Cooper announced today. Apple plans to invest more than $1 billion in the state by 2032. Earlier today, Governor Cooper, Senator President Pro Tempore Phil Berger, Senator…
DC BLOX Starts Construction on Its Greenville Data Center
DC BLOX, a provider of interconnected multi-tenant data centers that deliver the infrastructure and connectivity essential to power today’s digital business, announces it has initiated construction of its Greenville-Spartanburg, South Carolina data center. The data center, designed to Uptime Institute’s Tier III standards, will be the first-of-its-kind multi-tenant data center in South Carolina. The facility will be capable…
Multi-Family Residential
Graycliff Capital’s Seth Peterson Shares Insight on Multi-Family Housing Sector and Trends
Graycliff Capital Partners is a multi-family development and investment company with focus on the Southeast and Mid-Atlantic regions of the United States. Since its founding in 2010 in Greenville, SC, Graycliff has acquired and developed more than 14,000 apartment units, executing approximately $3.0 billion in transactions. Graycliff’s core strategy is based on investing in areas…
Developers Kick Off Mixed-Use Development at Greenville’s Former Union Bleachery/Cone Mills Textile Mill
GREENVILLE, S.C. – February 7, 2022 – Dean Warhaft and Warren Zinn, developers and joint venture partners, today marked the commencement of the long-awaited “On The Trail” mixed-use development at the former Union Bleachery/Cone Mills Textile Mill at 3335 Old Buncombe Rd., Greenville, SC. The 1900s era mill, which was once a vibrant commerce center…
Graycliff Capital Announces Waterleaf at Foxbank, Upscale Multi-Family Development in Suburban Charleston
Greenville (S.C.)-based Graycliff Capital Partners, LLC (Graycliff Capital), a leading developer/owner in the multi-family sector,is pleased to announce its newest multi-family development in South Carolina’s Lowcountry region – Waterleaf at Foxbank – Luxury Apartment Homes located in Berkeley County in the town of Moncks Corner. “Beaufort-Port Royal was deemed an ideal area to develop a…
Office Buildings
Balfour Beatty and Samet Corporation Joint Venture to Deliver Modernized Courthouse in Forsyth County
Balfour Beatty, in joint venture with Samet Corporation, is partnering to deliver the new Forsyth County Courthouse in Winston Salem, North Carolina. A groundbreaking event for the new courthouse took place in February to celebrate the construction of the newly modernized courthouse that will provide improved security, accessibility, and technologies to better serve Forsyth County citizens and…
Preparing for Office Re-Entry: A Case Study
Since the beginning of our work-from-home experience, the workplace design team at Progressive AE has been focused on building a plan for our eventual office re-entry. Mitigating risk and keeping staff safe have been foundational to our efforts. To help guide our work, we made the decision early on to follow federal and state-issued guidelines,…
NAIOP Releases Commercial Real Estate Industry Sentiment Index
The NAIOP CRE Sentiment Index, based on a survey of real estate practitioners, has dropped below 50 for the first time since its inception; however, because the survey was conducted March 11-25, 2020 as the nation was rapidly reacting to the COVID-19 pandemic, the long-term outlook is better understood as a snapshot of industry sentiment…
Power / Energy
Duke Energy Unveils Sweeping Clean Energy and Emissions Reduction Plan at Inaugural ESG Day
Duke Energy today announced an extensive expansion of its clean energy and emissions reduction plans to significantly increase the company’s carbon and methane reductions, coal plant retirements and renewable energy generation goals. The sweeping plans were announced at the company’s inaugural environmental, social and governance (ESG) day. The virtual investor event featured Duke Energy’s senior…
U.S. Marine Corps Selects Duke Energy & Ameresco to Implement $41 Million Infrastructure Project at North Carolina Air Station
Ameresco, Inc., (NYSE:AMRC), a leading energy efficiency and renewable energy company, today announced that Naval Facilities Command Mid-Atlantic (NAVFAC MIDLANT) has awarded to Duke Energy and Ameresco’s Federal Solutions group a $41 million utility energy savings contract (UESC) at the United States Marine Corps Air Station (MCAS) Cherry Point. Under a $38 million contract with Duke, Ameresco…
Duke Energy Renewables closes $109.4 million in a preferred tax equity funding from Goldman Sachs
Duke Energy Renewables, a subsidiary of Duke Energy (NYSE: DUK), today announced the closing of $109.4 million in a preferred tax equity funding from Goldman Sachs’ Alternative Energy Investing Group. The investment will be used over 18 months to fund a diverse portfolio of approximately 75 megawatts of solar and solar plus storage projects, which will be developed and constructed by…
Retail / Shopping Centers
Woolpert Contracted to Plan, Design Northwest Concord (N.C.) Community Park
Woolpert has been contracted by the city of Concord, N.C., to provide park master planning, conceptual design, and engineering and architecture services for its new 28.6-acre Northwest Concord Community Park. The park site is at 1252 Cox Mill Road in Concord, adjacent to Cox Mill Elementary School and across the street from Cox Mill High School. Woolpert…
DICK’S Sporting Goods Announces the Grand Opening of Two New Concept Stores
DICK’S Sporting Goods (NYSE: DKS), the largest U.S.-based, full-line omni-channel sporting goods retailer, will be expanding its nationwide footprint with the opening of two new concept stores – OVERTIME by DICK’S Sporting Goods and DICK’S Sporting Goods Warehouse. Following the opening of three clearance centers last year in in Utica, MI, Spartanburg, SC and Racine WI, DICK’S is expanding its footprint of outlet…
CBL Properties Announces Redevelopment at Coastal Grand in Myrtle Beach, SC
CBL Properties (NYSE:CBL) today announced redevelopment plans at Coastal Grand in Myrtle Beach, South Carolina. As part of the project, DICK’S Sporting Goods will relocate to a new building near Dillard’s, which will include the addition of Golf Galaxy. Flip N Fly will then open a 53,000-square-foot family entertainment venue in the former DICK’S Sporting…
Roads, Bridges and Highways
Carolinas AGC and SCDOT Announce Results of South Carolina Work Zone Safety Survey
On Wednesday, May 26, Carolinas AGC proudly partnered with AGC of America and the South Carolina Department of Transportation (SCDOT) for a press conference in Columbia, South Carolina to release the South Carolina results of AGC of America’s 2022 Work Zone Safety Awareness Survey consisting of results from CAGC Members. CAGC Highway Division Vice Chair…
ECU Professor to Help Study Effectiveness of Concrete Sealants in Roads
An East Carolina University professor is taking a crack — literally — at solving road problems in North Carolina. Dr. Amin Akhnoukh, associate professor in the Department of Construction Management, will be working with N.C. State’s Dr. Mohammed Pour-Ghaz as part of a grant from the N.C. Department of Transportation to study commercial concrete sealants used…
2021 GroundBreaker: Sam Young, Young & McQueen
GroundBreak Carolinas is honored to spotlight Sam Young, a member of the exclusive group of 2021 GroundBreakers — five individuals who have gone above and beyond to make a difference for the construction community in the Carolinas. Young is Owner and President/CEO of Young & McQueen Grading Company, Inc., based in Burnsville, North Carolina. A native…
Schools (K-12 and Higher Education)
Gordian Partners with APPA to Estimate Higher Education Infrastructure Backlog Need at $112.3B
Gordian announces the outcome of a partnership with APPA to provide a modeled calculation of the total infrastructure backlog need across the higher education industry. The modeled and validated calculation estimates the higher education industry is facing an infrastructure backlog of $112.3B, with public and private institutions registering notably contrasting backlog demands at $76.1B and…
The Citadel to Host Minority Contractor Info Session on Feb. 16 for Capers Hall Replacement
The Citadel has scheduled a Minority Contractor Information Session for February 16, 2021, for its Capers Hall Replacement Project. The Citadel will begin demolishing Capers Hall in the summer of 2021. The Capers Hall Replacement Project will cost $68 million. Of that amount, $50 million will go toward construction. It will be the largest construction…
Campus Leaders in Libraries, Student Affairs and Facilities Address Fall Planning
brightspot strategy, which works with colleges to transform their student experience by better connecting their people, places and programs, released collective findings and best practices from 38 public and private, top ranked institutions, that focuses on the specific needs and interests of campus school architects and facility designers, library leaders, and student affairs leaders. “This fall universities…
Transportation / Ports
Protect Your Freight by Packing, Crating and Storing Before Shipping
When shipping sensitive, fragile, expensive — or all of the above — cargo overseas, it’s important to ensure it’s properly protected. Whether it’s the salty sea air or the turbulent waves, cargo on a vessel can take a beating if not properly packed and crated. After all, the cost associated with project delays when the…
AGC Names VP of Congressional Relations for Infrastructure Advancement
Associated General Contractors of America hires Infrastructure-focused former House and Senate Staffer, Murphie Barrett, as its New Vice President of Congressional Relations for Infrastructure Advancement Murphie Barrett, a former congressional staffer who played key roles in crafting several recent infrastructure laws, has joined the Associated General Contractors of America as its new vice president of…
Granite Awarded $15 Million Airfield Improvement Project in North Carolina
Granite (NYSE:GVA) announced today that GWWH, the joint venture team comprised of Granite, Webcor Construction LP, Weeks Marine, Inc., and Healy Tibbitts Builders, Inc. has been awarded a $15 million design build contract by the United States Coast Guard (USCG) for the Recapitalize Airfield Pavements and Airfield Lighting Project in Elizabeth City, North Carolina. Granite’s…
More Markets
Woofspeed Selects North Carolina for its Semiconductor Manufacturing Plant
Wolfspeed, a global leader in silicon carbide semiconductor manufacturing, announced that it has chosen Siler City, North Carolina, as the location for its newest semiconductor manufacturing plant. The company plans to invest more than $5 billion in this project and will create 1,800 jobs, becoming the largest capital investment for an economic development project in…
NAIOP Industrial Space Forecast: Still-hot Industrial Commercial Real Estate Showing Signs of Cooling
The industrial real estate market showed signs of slowing after an unprecedented expansion, according to the latest NAIOP Industrial Space Demand Forecast, released today. According to the report, “amid lower pressure on global supply chains, increasing inventory carrying costs, a cooling economy, and a decrease in the rate of e-commerce expansion, retailers and logistics firms have…
Black & Veatch Construction Management Effort Recognized with Top Public Works Project of 2022 by American Public Works Association
The American Public Works Association (APWA) has named a Black & Veatch-managed sewer tunneling project in South Carolina the “2022 Public Works Project of the Year,” reflecting Black & Veatch’s excellence in construction management involving sustainable infrastructure. The Renewable Water Resources (ReWa) Reedy River Basin Sewer Tunnel — also known as the “Dig Greenville Project” — won…
ECU Health Partners With Acadia Healthcare to Build a New Behavioral Health Hospital Expanding Access to Behavioral Health Service
July 19, 2022 10:15 AM Eastern Daylight Time GREENVILLE, N.C.–(BUSINESS WIRE)–ECU Health and Acadia Healthcare announced today plans to build a state-of-the-art, 144-bed behavioral health hospital in the medical district of Greenville, N.C., less than a mile from ECU Health Medical Center. This new facility will be a center of excellence, providing North Carolinians with…
