BreakingNews
January 11, 2018
                   
 
Market News

News on the economy has been very good to start the year. The government reported that 148,000 new jobs had been created in December, marking the 75th straight month of job gains. Pittsburgh's job market remained in growth mode in November. The Department of Labor reported that 16,500 new jobs were added from November 2016 to 2017, a gain of 1.4%. Unemployment dropped to 4.8%.



Project News  

There is news on a couple of large projects that people have been keeping an eye on. Siemens Corp. is taking bids on early packages at the $600 million combined cycle plant at Hatfield Ferry in Greene County.   Allegheny Health selected the Gilbane/Massaro team to build its new $200 million hospital in Wexford.  Construction  has started on the first building at Castlebrook's million-square-foot industrial park in Big Beaver/Koppel area in Beaver County. The building is a 400,000 square foot warehouse called the Fairlane Distribution Center. At Slippery Rock University, DGS selected the team of Mike Coates Construction, Renick Bros. and Blackhawk Neff to negotiate a final agreement for the new $22 million performing arts center at Miller Auditorium. In other commercial real estate starts, Jendoco Real Estate started work on Building 200 at Settlers Cabin Business Park.

To keep up to date with the market check out  BuildingPittsburgh .  
Looking to see what's happening?

If you're planning an event for the construction or commercial real estate industries, check out the Industry Events Calendar at the Tall Timber Group website. (www.talltimbergroup.com) 

Double-check what else is going on in the industry on the dates you have in mind. Or check out what events you might want to attend. Interested in posting events? Email us for instructions.  
People News

Jendoco Construction Corporation announced the promotion of Pierre Brun to director of marketing and information technology. Pierre, along with his other duties, has been involved in all marketing and I.T. aspects of the business since joining Jendoco in 2003. Jendoco also announced that Robert Lloyd had been promoted from vice president to president of Jendoco Real Estate.
Coming Events

MBA Evening of Excellence, February 22, 2018
The MBA Building Excellence Awards winners will be announced at the Evening of Excellence at Heinz Field.  Click to sponsor or to register..
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ASA Annual Networking Event, February 8, 2018
The American Subcontractors Association of Western PA will hold its annual networking evening at Rivers Casino on Feb. 8, 2018. Click to learn more about sponsorships or to register.
 
NAIOP Pittsburgh Awards Banquet, March 1

NAIOP Pittsburgh will hold its 25th annual awards banquet on March 1 at the David L. Lawrence Convention Center, beginning at 5:30 PM. Click for more information about sponsorships.

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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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