DPR Construction

Creative Construction Approaches Can Flip Script on Cost Concerns

Retrieved on: 
Tuesday, February 20, 2024

REDWOOD CITY, Calif., Feb. 20, 2024 /PRNewswire/ -- Firms planning capital projects can move forward with a greater degree of confidence this year by exploring new ways to realize value, according to leadership at DPR Construction, one of the nation's top technical builders. Despite continued market pressures, opportunities exist to achieve cost and schedule certainty by:

Key Points: 
  • Despite continued market pressures, opportunities exist to achieve cost and schedule certainty by:
    Breathing new efficiency into old processes through more collaborative delivery methods.
  • "Market forces affect many aspects of capital projects, and we know our customers seek cost certainty before moving forward," said DPR CEO George Pfeffer.
  • "We also know the centuries-old process by which capital projects have been designed and built adds pressures and potentially creates unpredictability."
  • That compares to less than 30% of projects across the construction industry in that period.

The Latest Challenge to Construction Supply Chain & Procurement Planning? Overseas Shipping

Retrieved on: 
Wednesday, February 14, 2024

REDWOOD CITY, Calif., Feb. 14, 2024 /PRNewswire/ -- Just as commodity prices stabilized, drought and conflict affecting global overseas shipping routes have driven up costs of global ocean freight, creating more urgency for capital project planners to partner with supply chain experts to get the best value and keep projects on schedule. Analyst reports show the price to ship from Asia to the US West Coast is up 94 percent compared to a year ago, while runs to the US East Coast are nearly 40 percent higher. This and other insights headline the Q1 Market Conditions Report from DPR Construction, one of the nation's top technical builders.

Key Points: 
  • This and other insights headline the Q1 Market Conditions Report from DPR Construction , one of the nation's top technical builders.
  • "Drought affecting the Panama Canal and conflict around the Red Sea and Suez Canal have more shipping companies taking longer routes or putting their freight on rails upon arrival at nearer ports," said Tim Jed, DPR's supply chain leader.
  • Given that our industry favors just-in-time delivery, customers should head off these challenges early in their planning."
  • Construction confidence remains high despite previous years' economic forecasts, especially in the advanced technology, manufacturing and life sciences sectors.

DPR Construction and Phoenix Job Corps Unveil New Program to Support Workforce Development and Cultivate Arizona Construction Careers

Retrieved on: 
Monday, January 29, 2024

PHOENIX, Jan. 29, 2024 /PRNewswire/ -- DPR Construction, one of Arizona's top commercial contractors, has teamed with Job Corps, the nation's largest career technical training and education program for youth, to provide on-the-job training at DPR Construction jobsites.

Key Points: 
  • PHOENIX, Jan. 29, 2024 /PRNewswire/ -- DPR Construction, one of Arizona's top commercial contractors, has teamed with Job Corps, the nation's largest career technical training and education program for youth, to provide on-the-job training at DPR Construction jobsites.
  • The six-week experience will serve as the capstone to Phoenix Job Corps' Pre-Apprentice Carpentry program, giving participants practical, hands-on experience before moving into the workforce.
  • Arizona is projected to add 37,000 new construction jobs by 2031, according to the Arizona Office of Economic Opportunity.
  • Following program completion, trainees signed up as apprentices with the Carpenters Union, deepening their commitment to a career in construction.

Switzerland Data Center Market Investment Analysis Report 2023-2028: Opportunities in IT, Electrical, Mechanical Infrastructure, General Construction, and Tier Standards - ResearchAndMarkets.com

Retrieved on: 
Friday, December 8, 2023

The "Switzerland Data Center Market - Investment Analysis & Growth Opportunities 2023-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Switzerland Data Center Market - Investment Analysis & Growth Opportunities 2023-2028" report has been added to ResearchAndMarkets.com's offering.
  • Some key investors in the Switzerland data center market include Digital Realty, Equinix, NTT Global Data Centers, STACK infrastructure, Vantage Data Centers, and Green, among others.
  • The Switzerland data center market is experiencing robust growth driven by technology penetration, data traffic surge, and proactive government initiatives.
  • A detailed study of the existing Switzerland data center market landscape, an in-depth industry analysis, and insightful predictions about market size during the forecast period.

Switzerland Data Center Market Investment Analysis Report 2023-2028: Market to Grow by $540 Million - Global Cloud Giants AWS, Microsoft, Google, and Oracle Expand Presence in Switzerland

Retrieved on: 
Thursday, December 7, 2023

DUBLIN, Dec. 7, 2023 /PRNewswire/ -- The "Switzerland Data Center Market - Investment Analysis & Growth Opportunities 2023-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Dec. 7, 2023 /PRNewswire/ -- The "Switzerland Data Center Market - Investment Analysis & Growth Opportunities 2023-2028" report has been added to ResearchAndMarkets.com's offering.
  • Some key investors in the Switzerland data center market include Digital Realty, Equinix, NTT Global Data Centers, STACK infrastructure, Vantage Data Centers, and Green, among others.
  • The Switzerland data center market is experiencing robust growth driven by technology penetration, data traffic surge, and proactive government initiatives.
  • A detailed study of the existing Switzerland data center market landscape, an in-depth industry analysis, and insightful predictions about market size during the forecast period.

The RMR Group Announces Completion of 20 Mass Redevelopment; Project Wins NAIOP DC|MD’s Best Renovation Award

Retrieved on: 
Monday, October 16, 2023

The RMR Group (Nasdaq: RMR) today announced the completion of a redevelopment project at 20 Massachusetts Avenue NW (“ 20 Mass ”) in Washington, D.C. and recognition of the project for Best Renovation by NAIOP DC|MD.

Key Points: 
  • The RMR Group (Nasdaq: RMR) today announced the completion of a redevelopment project at 20 Massachusetts Avenue NW (“ 20 Mass ”) in Washington, D.C. and recognition of the project for Best Renovation by NAIOP DC|MD.
  • View the full release here: https://www.businesswire.com/news/home/20231015589175/en/
    Christopher Bilotto, Executive Vice President of The RMR Group, made the following statement:
    “We are honored by the recognition from NAIOP MD|DC for best renovation in the market for our recently completed 20 Mass redevelopment.
  • The Best Renovation category recognizes creative building programming, design and construction in redevelopment projects throughout Washington, D.C. and surrounding Maryland counties.
  • CBRE is the exclusive office leasing broker at 20 Mass, while JLL is responsible for retail leasing.

The Education Buildings Market Is Expected To Grow At A Rate Of More Than 2%, Driven By The Rising Globalization Of Education - By The Business Research Company

Retrieved on: 
Monday, October 9, 2023

LONDON, Oct. 9, 2023 /PRNewswire/ -- As per The Business Research Company's Education Building Global Market Report 2023, the global education buildings market is poised for substantial growth, with the market size projected to increase from $590.74 billion in 2022 to $613.88 billion in 2023, driven by a robust Compound Annual Growth Rate (CAGR) of 3.9%. This growth trajectory is set to continue, with the market size forecasted to reach $679.80 billion in 2027, maintaining a steady CAGR of 2.6%.

Key Points: 
  • With a surge in international mobility among students, faculty, and academic programs, educational institutions are rapidly expanding their global presence.
  • As education transcends borders, the construction market responds with innovative and internationalized building projects, driving market growth.
  • The education buildings market is characterized by a high degree of fragmentation, featuring numerous players operating in the market.
  • In 2022, the top ten competitors accounted for just 1.07% of the total education buildings market.

The Education Buildings Market Is Expected To Grow At A Rate Of More Than 2%, Driven By The Rising Globalization Of Education - By The Business Research Company

Retrieved on: 
Monday, October 9, 2023

LONDON, Oct. 9, 2023 /PRNewswire/ -- As per The Business Research Company's Education Building Global Market Report 2023, the global education buildings market is poised for substantial growth, with the market size projected to increase from $590.74 billion in 2022 to $613.88 billion in 2023, driven by a robust Compound Annual Growth Rate (CAGR) of 3.9%. This growth trajectory is set to continue, with the market size forecasted to reach $679.80 billion in 2027, maintaining a steady CAGR of 2.6%.

Key Points: 
  • With a surge in international mobility among students, faculty, and academic programs, educational institutions are rapidly expanding their global presence.
  • As education transcends borders, the construction market responds with innovative and internationalized building projects, driving market growth.
  • The education buildings market is characterized by a high degree of fragmentation, featuring numerous players operating in the market.
  • In 2022, the top ten competitors accounted for just 1.07% of the total education buildings market.

DPR Expands in New England; Brings Transformative Building Practices to Waltham, MA Office

Retrieved on: 
Tuesday, October 3, 2023

BOSTON, Oct. 3, 2023 /PRNewswire/ -- DPR Construction, a leading self-performing builder working throughout New England, has completed its move to a new office space in Waltham, MA. The sustainable, modern and collaborative workspace is a testament to the company's purpose to build great things and a model for what is possible for property owners looking to refresh aging office spaces.

Key Points: 
  • BOSTON, Oct. 3, 2023 /PRNewswire/ -- DPR Construction, a leading self-performing builder working throughout New England, has completed its move to a new office space in Waltham, MA.
  • With the support of architect, Elkus Manfredi, DPR turned vacant office space into a showcase of its ever-forward thinking.
  • DPR has done similar work to bring aging office space up to modern standards with its offices in Reston, VA , Sacramento , Phoenix , and Nashville .
  • Annually, each DPR office participates in Service September, where they work with their partner organizations to support a construction project.

Lumber Launches Platform for Transforming Construction Workforce Management With $5.5M Seed Round

Retrieved on: 
Tuesday, September 12, 2023

SARATOGA, Calif., Sept. 12, 2023 /PRNewswire/ -- Lumber, creator of the comprehensive workforce management platform for construction, today announced the launch of its SaaS product and the completion of a $5.5M seed round of funding. With its fully integrated, purpose-built solutions, Lumber is designed to meet the growing compliance and workforce needs of an essential industry. 

Key Points: 
  • Lumber offers purpose-built workforce management solution, powered by the largest regulatory dataset for the construction industry and a proprietary LLM
    SARATOGA, Calif., Sept. 12, 2023 /PRNewswire/ -- Lumber, creator of the comprehensive workforce management platform for construction, today announced the launch of its SaaS product and the completion of a $5.5M seed round of funding.
  • With its fully integrated, purpose-built solutions, Lumber is designed to meet the growing compliance and workforce needs of an essential industry.
  • Today, the construction industry faces significant technological limitations while struggling to meet complex regulatory and labor requirements, making modernization and growth difficult.
  • The Lumber platform is making unified workforce management vision a reality by integrating disparate data elements from various systems and project stages," said Gerardo Rivera, Co-owner of Level 5 Drywall.