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Alisa Zevin is the economics editor for Engineering News-Record, covering economic issues within the construction industry, including construction economics and ENR's quarterly cost reports. She is based in New York City.
The new BART headquarters in downtown Oakland, Calif., features nine office floors, a rooftop deck and public board room on the ground floor of the building. The 234,000-sq-ft design-build project was held to a tight ten-month timeline.
Construction activity has remained fairly strong in the fourth quarter of the year, despite continued challenges with inflation, labor and the supply chain.
Recession fears, inflation and other issues plaguing the economy in the first half of 2022 have persisted through the third quarter. While most construction sectors have been successful throughout this year, questions regarding what’s to come in 2023 loom large as we head toward the end of the year.