A week after the devastating shallow earthquake that struck Christchurch, New Zealand, on Feb. 22, structural engineers are surprised and relieved that damage to modern engineered buildings was not even more widespread. Recordings at several instrumented sites indicated that ground motion exceeded the maximum considered event. The MCE has a one in 2,500 chance of happening in any given year. Photo Courtesy Logan Mcmillan / www.gorillapictures.co.nz Low-rise devastation frames the 26-story landmark hotel, stabilized by construction crews after one corner dropped by a meter. + Image The magnitude-6.3 Canterbury quake, centered some 10 kilometers from downtown Christchurch and only 5
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.