It’s been awhile since we last looked at the construction of the Tesla Gigafactory. Since our last post, the number of permits issued for the project has almost doubled and the estimated job value of construction has passed $1 billion. The recent permits also include the largest single permit issued for the project. In total, the Tesla Gigafactory has been issued 153 … [Read more...]
The 22 New Apartment Building Starts in 2017
The New York Department of Buildings was busy in the first two weeks of January. Issued permits indicate there were 22 apartment buildings approved for construction as of January 13th. These 22 buildings will add 1,592 new units across just under 2 million square feet. The apartment buildings are in four of the five boroughs, omitting only Staten island. The projects on the … [Read more...]
The BuildZoom And Urban Economics Lab Index: Third Quarter 2016
* 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 is 17.5% above its 2009 housing bust level, but remains 10.8% below its 2005 housing boom level, and that new home construction is 48.9% above its 2009 level, but remains … [Read more...]
Brewery Watch
This one is for beer lovers. Breweries seem to be popping up everywhere. With craft brewing growing throughout the country, we decided to look into the construction of breweries this week. After looking at every permit that mentioned the word “brewery” to enter our system over the past month, here are the 11 breweries we thought were the most interesting. Take a look and let … [Read more...]
Chicago’s 9 Coolest Construction Projects in December
Pictured: Illume, Project #8. Over the past week we took a deep dive into Chicago Building permits to find projects that we, at BuildZoom, found interesting. After scanning more than 2,000 building permits, here are the 9 projects we picked out as our favorites. The projects are limited to ones permitted in December, and span everything from office renovations to multifamily … [Read more...]