BreakingNews
April 6, 2016
                   
 
Market News

The Bureau of Labor Statistics reported on April 1 that employers added 215,000 jobs in March, also boosting the estimates for January and February increases. March's data lifted the 12-month growth to just over three million. The labor force participation rate also grew by .01%, with almost 400,000 joining the workforce. That helps employers struggling to find skilled workers and is an indication that long-term unemployed and part-time are more encouraged.
 
Project News  

One of the year's largest heavyand highway projects has gone out to bid. The reconstruction of I-70 in the Route 519 interchange vicinity has an estimate of over $125 million and is due May 19. In the public building market, the $48 million Chartiers Valley High School project has gone out to bid, with bids due April 28. Details about the project are available at the Buidlers Exchange.

Uhl Construction was selected for the $8 million expansion of Sisson Motors in Washington, PA. PJ Dick was awarded the $4.5 million Ft. Ligonier renovations. PJ will also be building the 55,000 square-foot new office building at McCandless Crossing that Kevin Dougherty from AdVenture Development announced last week. Sports & Exhibition Authority selected Massaro CM Services as construction manager for its 798-car, $14 million North Shore Parking Garage.  Penn State is interviewed contractors April 4 for CM-Agency on its $15.3 million Music 1 Building expansion project.  

Uber is moving forward with its plans for at Almono, selecting a contractor for its test track and Roundhouse Building renovation. Milhaus prequalified contractors last week to bid the first phase of its $120 million development at the Arsenal Terminal Warehouse site.Developers of the $14 million Hotel Indigo are in the process of selecting a contractor for its Pittsburgh Technology Center location. Go to BuildingPittsburgh to see what contractors are involved.

Mascaro makes progress on the new training center for the Steamfitters in Jackson Twp. north of Zelienople.

To keep up to date with the market check out  BuildingPittsburgh .  
People News
 
McKamish Inc. announced the hiring of Neil Menzies as manager of sales & estimating, Commercial Construction and Bill Frank as manager of Power & Industrial Construction Group. David Casciani has been promoted to vice president of business development & design-build.
Coming Events

NAIOP/CoreNet Presentation, Sharing the Future City, April 21

NAIOP Pittsburgh and CoreNet present Gunnar Branson, Pres. & CEO of National Association of Real Estate Investment Managers. Omni William Penn from 7:30 to 9:00 AM.  Click to register.


MBA Young Constructors, May 16

Monday, May 16 at the Olde Stonewall Golf Club. Proceeds benefit the Pittsburgh chapter of ACE Mentor.  Click to register.

 

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Tall Timber Group is the publisher of BreakingGround and DEVELOPINGPittsburgh magazines and the Pittsburgh Homebuilding Report, and is a consultant for contractors and designers serving the construction and real estate market. For more information about our services, contact Jeff Burd or call:


Tall Timber Group
506B McKnight Park Dr.
Pittsburgh, Pennsylvania 15237
412-366-1857

www.talltimbergroup.com
 


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