Chicago Plans To Expand O’Hare Terminal Capacity by 60% and Create 60,000 Construction Jobs Mayor Rahm Emmanuel announced the largest expansion plan in O’Hare Airport history, a project which is expected to create 60,000 construction jobs over the next 9 years. Construction is supposed to begin next year.
Contractors’ Budgets Could be Disrupted by Steel and Aluminum Tariffs Contractors contemplating bidding on high-rises and residential multifamily projects may have to rethink their pricing if the tariffs President Trump announced on Thursday are actually imposed. These projects are heavy users of steel and aluminum and a threatened 25% tariff on steel imports and a 10% … Read more
Hard Work Enables Women To Lead In The Construction Industry Tamara Rivera is the first woman council representative in the New York City District Council of Carpenters and is featured in Construction Dive’s Women in Construction Series. The Chicago Area is likewise celebrating the week with The Federation of Women Contractors and at ASA Chicago Expo.
It’s an unusual reversal: investors in Chicago are “deconverting” condominiums into rental units. Several high-profile condominium buildings downtown are marketing their buildings to developers. Why now? There’s a preference to rent rather than buy among many millennials flooding into hip urban areas. Empty nesters who do not want the hassle of home ownership are … Read more