HUD closes on financing for $188M Couture project, construction to start this week (UPDATE)

May 3, 2021 3:17 pm Leave a comment

With a federal loan approved, construction is scheduled to begin this week on the Couture high-rise project in downtown Milwaukee after nearly a decade of planning and delays.

Tagged with: Barrett Lo Visionary Couture Rinka

ACE Mentor Program completes 4th year, names scholarship winners

April 29, 2021 12:13 pm Leave a comment

The ACE Mentor Program of Greater Milwaukee held a virtual event on April 27 awarding three scholarships and six internships to local Milwaukee students. Over the past 3 years, the Milwaukee Chapter has offered over $40,000 in scholarships to students planning to ...

Tagged with: ACE Mentorship

More Americans sign contracts to buy homes in March

April 29, 2021 8:52 am Leave a comment

"Sold" signs sit on a lot as houses are built in a neighborhood in Northbrook, Illinois, on March 21. The number of Americans who signed contracts to buy homes last month fell by the most since last year’s virus outbreak sent the economy into freefall. (AP Photo/Nam Y. Huh)

More Americans signed contracts to buy homes in March after two months of declines, pointing to a healthy housing market as summer approaches and the economy continues what is shaping up to be a rapid recovery.

3D printing’s new challenge: Solving the US housing shortage

April 28, 2021 10:43 am Leave a comment

A 3D-printed housing module is delivered in Livermore, California. Most of the modules built by Mighty Buildings are assembled in the factory, transported by truck to owners' properties, then put into place using a crane. (Courtesy of Mighty Buildings via AP)

A new generation of startups wants to disrupt the way houses are built by automating production with industrial 3D printers.

Tagged with: Residential Construction

New home sales surged 20.7% in March to 1.02 million

April 23, 2021 12:25 pm Leave a comment

A sold sign stands in front of new home under construction on March 15 in Houston. Sales of new homes surged 20.7% in March, rebounding from a drop in February caused in part by severe winter storms in many parts of the country. (AP Photo/David J. Phillip)

The number of sales of new homes surged 20.7% in March to the highest level since 2006, rebounding from a sharp decline the previous month when severe winter storms wreaked havoc in many parts of the country.

Tagged with: Residential Construction

Masonry Alliance names award-winning projects

April 19, 2021 12:01 pm Leave a comment

Bank First National (Oshkosh) earned a Best of Show award at the 2021.

The Wisconsin Masonry Alliance

The Wisconsin Masonry Alliance has announced the winning projects for the 2021 Excellence in Masonry Awards.

Tagged with: Wisconsin Masonry Alliance

US home construction rebounds in March after frigid February

April 16, 2021 8:44 am Leave a comment

A "sold" sign stands on Sept. 25 at a lot as new home construction continues in Westfield, Indiana. Mortgage rates fell for the first time in more than two months as buyers continue to be stifled by high prices and limited supply. (AP Photo/Michael Conroy, File)

U.S. housing construction rebounded strongly in March with home builders recovering from an unusually frigid February that shut down projects.

Tagged with: Residential Construction U.S. Department of Commerce

Work on Couture site could start in May

April 5, 2021 2:18 pm Leave a comment

Couture_klh
A J.H. Findorff & Son sign hangs at The Couture project site Monday, March 26 in Milwaukee. Barrett Lo Visionary Development announced Monday that Findorff will be the general contractor on the project. (Staff photo by Kevin Harnack)

Groundbreaking for The Couture apartment tower near Milwaukee's lakefront could begin as early as May, according to new building permit filings.

Tagged with: Couture

Construction spending dips 0.8% in February amid bad weather

April 1, 2021 9:32 am Leave a comment

A workman carries beams at a new housing site in Madison County, Mississippi on March 16. U.S. construction spending fell in February after several months of steady gains, likely because of unseasonably cold weather and winter storms in the south. (AP Photo/Rogelio V. Solis)

U.S. construction spending fell in February after several months of steady gains, likely because of unseasonably cold weather and winter storms in the south.

Tagged with: Residential Construction

Feb. US home contract signings tumble, now lag year-ago pace

March 31, 2021 8:50 am Leave a comment

"Sold" signs sit on a lot as new home construction continue in a new neighborhood in Northbrook, Illinois, on Sunday. The number of Americans who signed contracts to buy homes last month fell by the most since last year’s virus outbreak sent the economy into freefall. (AP Photo/Nam Y. Huh)

The number of Americans who signed contracts to buy homes last month fell by the most since last year's virus outbreak sent the economy into freefall.

Tagged with: National Realtors Association Residential Construction U.S. Department of Commerce