The U.S. State Dept. has announced that architect HOK, St. Louis, will design a $192-million addition to the U.S. Embassy complex in Moscow. Construction of the 15,000-square-meter building is set for completion in 2015. It will achieve at least Silver LEED certification, according to the firm. HOK was one of 27 architects that submitted proposals to design the addition, the company says.
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.