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More apartments and condos target affluent renters and buyers. Delivering luxe living requires an approach to design, construction, and services that personalizes experiences.
In the heart of Tacoma, Washington, a transformative project is underway with a promise to reshape healthcare for the community’s youngest members—the MultiCare Mary Bridge Children’s Hospital. And with the strategic partnership between Layton Construction and Abbott Construction to build it, the project stands as a testament to the power of collaboration and shared healthcare construction expertise.
The construction industry in 2024 was defined by strong fundamentals, marked by a 10% increase in nominal value added and a 12% increase in gross output.
By 2020, life sciences facilities were on the rise. Enter the pandemic, and the urgent need for vaccine research & development labs and manufacturing facilities created a spike in life sciences construction. However, with less emphasis on vaccine development and a subsequent cooling of that spike, many geographic regions now find themselves grappling with a saturated market.
Like many industries, steel experienced significant turbulence during the pandemic—primarily driven by unprecedented demand. The surge in demand for steel products, including joists, decks, and beams, significantly stressed production and fabrication capacity. The industry’s ability to quickly adapt to market demands was hindered by the sheer volume of requests, making it difficult to meet pre-pandemic project timelines.
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