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Updates about construction professionals in the Texas & Louisiana region.

“Sustainability is at the forefront of Austin’s engineering and construction practices,” Roohms says. “The industry has also been adopting digital plan delivery, which leverages shared technology among the entire project team to enhance visualization and eliminate silos.” 

“The current buzz in the construction community is the surge of large industrial projects announced this year,” says McCaskill.

In early March, contractor KDC topped off the 850,000-sq-ft state-of-the-art campus in Iving, Texas, for financial giant Wells Fargo—the firm’s first net-positive energy office complex in the U.S.

Although ENR’s indexes measure the costs of non-residential buildings, the housing market has had a major impact on index movement.

Executive compensation has been rising steadily since the pandemic, reaching a high-water mark in 2023. However, a cooldown in several market sectors could result in comp increases receding in the coming years.

For the first time since Q1 of 2022, construction industry executives report a stable and slightly growing market on ENR’s Construction Industry Confidence Index (CICI) survey.

The construction industry has seen some modest growth in the first quarter of 2024, but issues from the past several years are slow to recede.

ENR’s 20-city average cost indexes, wages and materials prices. Historical data and details for ENR’s 20 cities can be found at ENR.com/economics

Turner Construction scrambles to expand the United Airlines flight training center in Denver on a turbocharged timeline.