BreakingNews

August 30, 2016
                   
 
Market News

PA Department of Labor and Industry reported that unemployment in the seven-county metropolitan area ticked up 0.2 percentage points in July, to 5.7 percent. Unemployment was up 0.6 percentage points compared to July 2015. The rise in unemployment is attributed to two main causes: continued sluggishness in the energy sector (as evidenced by the higher unemployment rate in Fayette and Washington Counties) and the addition of 12,100 people to the workforce since July 2015. The latter factor is something of a positive in a region that faces long-term workforce decline, but the addition of that many workers adds more than one percent to the unemployment rate.
 
Project News  

News from the Shell cracker project is that the project has been put (back) on a fast track. Schedules that were extended when Shell cut capital budgets earlier this summer have now been accelerated. Construction on the first of the warehouses being built for Shell by C.J. Betters is nearing completion, meaning that the energy company will soon have a place to store components of the plant that will be shipped by barge from the Gulf Coast. A general services package is now out to bid.

Pittsburgh's healthcare market has picked up steam also. Rycon Construction was awarded the $6 million first phase of the UPMC Jameson Hospital modernization in New Castle. There is also bidding or award of contracts for several other healthcare projects worth $20 to $30 million. PJ Dick was awarded the West Penn NICU project. Bids are being taken on the Presbyterian Hospital cardiovascular and Shadyside Hospital patient room renovation. Waters Senior Living awarded its $27 million Warrendale facility. Wheeling Hospital is taking bids on a $20 million continuing care facility.  Go to BuildingPittsburgh to see who is bidding or awarded these jobs.

Concord Hospitality is taking bids Sept. 7 from PJ Dick, Mascaro, Rycon and Turner on its $30 million Hyatt Centric hotel at the PAA site in Oakland. In the week after Labor Day, Massaro CM Services will put the $80 million Cumberland Valley Middle & Elementary School projects out to bid. The project will be the largest K-12 job in the state in 2016.
Joseph Kissane from M. O'Herron (left) and CAWP's Rich Barcaskey at the CAWP golf outing August 22.

To keep up to date with the market check out  BuildingPittsburgh .  
People News

 
Engineering News Record (ENR) published its annual ranking of the Top 400 Contractors and its top contractors in ENR Mid-Atlantic region. Pittsburgh contractor PJ Dick/Trumbull/Lindy Paving ranked #8 in the Mid-Atlantic and #81 in the Top 400. Mascaro Construction was ranked #21 and #228 respectively. Rycon Construction ranked #30 and #290. Walbridge Construction ranked #54 in the Mid-Atlantic.
Coming Events

ACE Mentor Golf Outing, September 15

ACE Mentor Program Western PA Chapter is hosting its inaugural golf outing on Sept. 15 at the Quicksilver Golf Club. Foursomes and sponsorships are going fast so  click to register or learn more about sponsorship opportunities.

International Reality Capture Workshop, Volterra Italy, October 10-22

Together with Autodesk and 3D Robotics, Case Technologies will be leading an International Reality Capture Workshop from October 10th - 22nd through the Volterra-Detroit Foundation International Residential College. The course  will offer hands-on training and an opportunity for experimentation with the latest photogrammetry, laser scanning and computer modeling technologies. Contact Mark Dietrick by email or call 412-276-0500. Learn more about the workshop at the Volterra-Detroit Foundation website.

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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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