In 2016, Facebook will likely surpass 1.6 billion monthly active users, and with masses of users, comes masses of data. Construction of Facebook's fourth U.S. data center is well underway at the aptly named "4500 Like Way" in Fort Worth, Texas. Permit information reveals that the development began back in May 2015 under the alias "Project Ernst". The data center aims to be 100% … [Read more...]
Building Levi’s Stadium for Super Bowl 50
On its opening day in July 2014, the 1.2 billion dollar Levi's Stadium was hailed as one of the most technologically advanced structures of it's kind, but development didn't stop there. Since the 49ers’ final game in 2014, at least 56 permits for additional work on the stadium have been pulled, at an estimated value of over 3.2 million dollars. A handful of permits were pulled … [Read more...]
Since 2010, the Number of Gun Sellers has Grown 4.7 Times Faster than the Population
Written by BuildZoom's Chief Economist Dr. Issi Romem and Jack Cookson There are many, many gun sellers in the United States. In fact, there are more than five times as many gun sellers as Starbucks locations, and four times as many as McDonalds restaurants. Not impressed? The number of gun sellers in the country is about the same as the number of elementary schools, and is … [Read more...]
The BuildZoom And Urban Economics Lab Index: Third Quarter 2015
* Residential remodeling is arguably a better indicator of consumer sentiment than new construction, and is of similar importance as an indicator of national economic health. * Remodeling of existing homes has fully recovered since the housing bust, and is 3.7% above its 2005 level. In contrast, new home construction is recovering gradually and remains 54.0% below its 2005 … [Read more...]
Apple Spending $80 Million On Visitor Center at its New Campus
Does the Bay Area need a new tourist destination? The folks at Apple think so, as they are building a lavish new visitor center overlooking Apple’s new campus. Apple will spend 79.9 million dollars on its new visitor center located at 10700 N. Tantau Avenue in Cupertino, according to building permits filed today (December 17) with the City of Cupertino. The 20,135 square foot … [Read more...]