MILWAUKEE
NEWS + INSIGHTS

Construction Cost Index: 4th Quarter 2024 ... Non-residential construction outlook stable as flat material costs and growing labor pools encourage continued spending. ... Tariffs remain an area of concern.

Big Brothers Big Sisters is a mentorship organization that pairs adults, “Bigs,” with kids, “Littles”. ... Bigs are mentors and friends to youth and spend time hanging out, playing games, and attending events!

Mortenson, a leading national builder and developer, today released its Q2 2024 Construction Cost Index report for Minneapolis and other major U.S. markets. ... The overall outlook for non-residential construction is cautiously optimistic as industry indices and forward-looking indicators show signs of more robust market conditions for starts ahead.

With Events Across the Communities Mortenson Serves ... 06/13/2024 ... Juneteenth (short for “June Nineteenth”) marks the day when federal troops arrived in Galveston, Texas in 1865 to take control of the state and ensure that all enslaved people be freed.

Mortenson, a leading national builder and developer, today released its Q1 2024 Construction Cost Index report for Minneapolis and other major U.S. markets. ... The overall outlook for non-residential construction is cautiously optimistic, with inflation delaying interest rate reductions, continued workforce challenges keeping labor costs high, and national supply chain workarounds in the wake of the Francis Scott Key Bridge collapse tangentially contributing to longer lead times and higher costs for construction materials.

The life sciences industry is marked by rapid advancements and breakthroughs. ... A critical yet often overlooked aspect of bringing your biotechnology to life is establishing complex laboratory spaces.

Mortenson, a leading national builder and developer, today released its Q4 2023 Construction Cost Index report for Minneapolis and other major U.S. markets. ... The overall outlook for non-residential construction is cautiously optimistic, as flattening construction material costs, lessening oil prices, and confidence in the likelihood of interest rate cuts remain somewhat offset by continued workforce challenges and some continued areas of volatility.

The healthcare market is no stranger to change. ... Over the past few years, organizations have learned to quickly adapt, embrace the concept of flexibility, and face challenges head-on. ... Today, we have a consumer-driven market that continues to be shaped by funding concerns, staff shortages and worker burnout, and rising operational costs.

Innovation with BLUvera at Embassy Suites on Judge Doyle Square ... 11/20/2023 ... Gone are the days of conventional construction. ... Mortenson, teamed with BLUvera, vertically integrated design, manufacturing, and construction to make building safer, faster, and more predictable.

Mortenson, a leading national builder and developer, today released its Q3 2023 Construction Cost Index report for Minneapolis and other major U.S. markets. ... The overall outlook for non-residential construction remains mixed as the industry grapples with high interest rates even as costs flatten.

Each year Mortenson honors a select group of superintendents and field operations managers with a hammer or tool on The Hammer Wall at our headquarters in Minneapolis. ... The Hammer Wall Ceremony is by far my favorite Mortenson event of the year.

Nationally, nonresidential construction costs increased this quarter by +1.28%, and year over year cost increases continue to flatten, slowing to +2.94% over the previous 12 months. ... Mortenson regional markets with an overall observed increase in Q2 include Milwaukee (+0.96%), Seattle (+1.54%), Chicago (+1.9%), Phoenix (+1.42%), Minneapolis (+1.52%), and Denver (+1.87%), with only the Portland regional market showing a slight decrease in costs (-0.15%).