According to the fast changing situation of property business, commercial real estate is your very best investment alternative for high-income investors since residential properties are been developed. Aside from the dense development, it's reached the sign of the much valued rates. Such professionals speculate in tiny units, therefore, builders are usually building little units or divide their components into smaller ones. Such tiny units also benefit from new shareholders, that have smaller quantity of finance, which is given out on lease in the long run and investors may acquire the mileage from it.
For large income earners workers, commercial real estate investments are additional income of origin as now's investments provide rental incomes that will encourage your passive income in future besides the guaranteed return & valued value.
Aside from this, for obtaining great rents, investors should ensure their possessions have great amenities such as parking area, electricity backup, fire security advantage, desired computers and several other essential benefits. So, your house could be placed on lease readily with no hassle.
Whenever you're getting commercial property, place plays the most significant function as you want to make sure your property isn't vacated for your lengthy moment. Thus, either you ought to use it into your enterprise or put on lease so you obtain the most leverage out of your premises.
No longer a futuristic vision, drones are now common on construction sites. Today, the business case for using drones in construction is clearer than it was even two years ago, and companies are already benefiting from their many uses. Here's how...
At Autodesk University 2017, the ConTechCrew spoke with Trent Miskelly, General Manager of SmartBid, about the recent integration between SmartBid construction bidding software and BIM 360.
Cannistraro, a Boston-based mechanical construction firm, has its roots in the entrepreneurial vision of John Cannistraro, who began with a family-owned plumbing shop in Watertown, Massachusetts. The firm has grown to be widely recognized as a leader in modular construction technology and has a reputation for providing excellence in service and quality. The firm also expanded its services to include fire-protection, HVAC, and sheet metal solutions, and offers turnkey service and maintenance to clients throughout New England.
Across the board, large construction projects take an average of 20 percent longer to finish than scheduled, and are up to 80 percent over budget. That’s according to a recent McKinsey report on the future of construction technology.
Most of the construction project management issues that lead to over-budget, past-due projects become obvious late in the construction process. But if done correctly, most of them can be prevented during preconstruction. It’s just that most companies are doing precon wrong.
Safety and risk mitigation are two of the main problems that keep contractors up at night. From project delays and liability issues to injuries and even fatalities on the jobsite, the consequences of safety lapses can be severe. According to data from OSHA, 20% of all workplace deaths are in the construction industry, and jobsite deaths have increased every year since 2007.
IGA, the firm formed to construct and operate the new Istanbul Airport, has a 25-year plan for operations and sustainability. Their goal with this project has been to propel Turkey onto the World stage as a global hub for aviation and shine a spotlight on Turkey’s commercial and tourist potential.
Last year, I was fortunate enough to not only attend but speak at the Connect & Construct Summit and Autodesk University. I’ve been an AU attendee since 2007 and a presenter since 2008. Getting the chance to present is a great professional opportunity, and last year, I was able to showcase some of the interesting ways Winter has been utilizing new technologies on recent projects, as well as illustrate some of what I’ve learned over the course of my career.
We’re pleased to announce that we’re bringing the talent and tools of Assemble Systems into the Autodesk construction Family!
Assemble Systems is a web-based solution for general contractors that provides real-time access to critical project data--from 3D models and point clouds to cost and schedule--throughout the project lifecycle. The solution enables construction professionals to condition, query and connect BIM data to key workflows across bid management, estimating, scheduling, site management and finance and we’re excited to add these capabilities to the Autodesk construction portfolio. Assemble Systems’ products are used by 174 unique customers, in nearly 1,000 sites and offices working on 12,700 projects, including one-fourth of the ENR 400 customer list.
The AEC Excellence Awards highlight bold and innovative projects which are pushing the limits of construction technology and imagination in the architecture, engineering, and construction (AEC) industry. This annual competition showcases the design and construction of truly groundbreaking projects from around the world that are paving the way to the future of design and construction—all with the use of Building Information Modeling and Autodesk software. Autodesk asks the visionaries who are creating bold structures, who are bringing a daring vision to the spaces of tomorrow, the places where we live, work, play, and study, to share their work with industry peers.
The planet’s population is growing at breakneck speed, and a rapidly increasing percentage of that population is moving to cities. Over the next 30 years, the size of urban areas is projected to double in size, from 3.5 billion to 7 billion. To accommodate this massive shift, governments everywhere are beginning to plan and develop Smart Cities - an integration of traditional infrastructure and new technology.
This is creating one of the greatest challenges the construction industry has ever faced. However, the construction industry is still far behind when it comes to adopting and investing in new construction technology.
Mobile technology has become an essential component in the expanding adoption of construction software. Jobsite data collection is crucial to collecting timely information on a device that can be safely carried and used. However, the current market options are limited in their ability to combine job captured data with broader project & enterprise data.
The Revit team has just released Revit 2019.1, including a host of new capabilities that help you create, optimize and connect. The new features in Revit 2019.1 bring some exciting new capabilities for contractors and BIM for construction projects, and we wanted to share what’s new here at Connect & Construct.
Today’s construction projects are more complex than ever, requiring project teams to assess a myriad of project requirements. With specification documents exceeding thousands of pages, generating submittal logs is a tedious and time-consuming process that can delay the start of a project by weeks. As any construction project management team knows, manually creating and inputting submittal logs is also a process prone to error.
As we move into the digital age and new tools become available to enhance and expand our capabilities, we begin to see how they also create new opportunities for productivity and safety. Unmanned aerial vehicles, or drones as they’re more commonly known, have been in use by the military for years, but have only recently entered the commercial market. As they become less expensive, they also become more common, and forward-thinking innovators find new uses for them. Professionals are already deploying drones for low-level, on-demand aerial photography and some firms are using drones in construction to keep an eye out for safety and security on job sites.
Over the past few years, BIM has been the talk of the town in the AEC industry. Yet, there is a lot of confusion about BIM in construction and how it can help contractors. One common misconception is that BIM is merely a technology, or that it only refers to 3D design (though 3D models are indeed at the core of BIM). BIM is actually a process for creating and managing all of the information about a project, leading to an output known as a Building Information Model, which contains digital descriptions for every aspect of the physical project.
It's no secret that more women than ever before are breaking new ground in the construction industry. However, despite the growing number of women in construction, women still make up only 9% of industry jobs.
Anyone who works in the construction industry is intimately familiar with different types of construction drawings. But can you define the differences between them?
Here’s a simple primer for understanding the differences and the roles each type of drawing plays in the construction process.
Completing a construction layout without construction document sharing can be a tedious and headache-inducing activity. Even when everything goes smoothly, manually downloading 2D and 3D plans in the field is time-consuming, as is delivering field survey data back to the office.
Whether it’s a mechanical plan, structural detail, or a door schedule, we’ve all had that moment where we question what we’re seeing."Is this the right page? Is it up to date? Why don’t these measurements make any sense? Am I looking at the current version?"
A single building project can require construction document management for thousands of documents and drawings, not to mention the number of revisions issued throughout the project lifecycle.
On Tuesday, April 24, leaders in the broad world of infrastructure renovation and evolution gathered at a restaurant in Manhattan to share their experience and to brainstorm to identify the most significant opportunities, challenges and, perhaps, solutions to the issue of infrastructure rehabilitation.
Today’s job site is more complex than ever before. New building technologies, higher expectations from owners, tighter budgets, and faster timelines fuel the potential for delays, budget overruns, and team conflict.
Larger teams and a demand for greater collaboration contribute to the complexity. Which is why a more efficient construction project management workflow is vital.
New construction technology is rapidly shifting the way construction is done, from apps on mobile devices to laser scanning and drone photogrammetry. Few construction sites have fully escaped the onward march of technology, but many companies have really embraced it, and are reaping substantial rewards.
A digital construction quality control plan is a powerful process for quality management that can provide numerous benefits, such as helping to improve quality, mitigate risk, and win more business. However, when implementing a digital QA/QC program, it’s important to take it one step at a time. This gives your team an opportunity to adjust and avoid becoming overwhelmed. To help facilitate this, we’ve developed the following five-stage framework for undertaking a digital construction quality control plan.
McKinsey has just released its latest interactive map of the industry’s construction technology ecosystem. The map and its accompanying construction technology report track the emergence of technology clusters, and shed light on how the industry has been spending its more than $10 billion investment in construction technology over the past decade.
Daily reports are an essential process during any construction project. Daily reporting provides important information to subcontractors and stakeholders, explaining the details of the job and the progress of the project. Quality construction daily reports tell the story of a project and ensure everyone involved in the project is transparent and on the same page.
Have you ever had to ask yourself, what is EMR in construction?
EMR is a little construction safety metric hiding in your company’s profile that has a bigger impact on your bottom line than you realize.
Here’s what you need to know.
Autodesk, along with co-sponsors Construction Dive, HP, and Smart Cities Dive, is proud to announce the AEC Excellence Awards 2018 Finalists!
When it comes to winners and losers in the digital age, one of the biggest potential winners for your organization is your construction quality control plan. As projects move from paper plans and drawings to digital and mobile, a digital quality program offers many benefits that can improve your QA/QC workflows and elevate your business as a whole.
Coordinating designers and trades is consistently identified as the highest value BIM workflow among general contractors, subcontractors and fabricators. Coordinated, multidisciplinary data (often accessed in construction software like BIM 360) is a core requirement for many workflows that span the project lifecycle, including design, quantification, scheduling, fabrication and on-site layout, installation and commissioning.
Cliché terms are often cliché for a reason. They can hold timeless truth. So, I'm going to throw a cliché phrase into the air: time is money. This is becoming increasingly significant with the emergence of construction software, particularly in the area of construction daily reports.
Verkís, the oldest consulting engineering firm in Iceland, is based in Reykjavik. Working on projects all over the world, they are a multidisciplinary consulting firm, providing engineering, consulting, management, operational, and EPCM services. Here's how they utilized the power of connected construction data to win on 3 major projects.
End-to-end BIM is more than WHAT we build. To deliver on the BIM promise of efficiency, resource optimization and quality, the process must support HOW we build. Which means that the BIM/VDC process must move from the conceptual and design phase and into preconstruction and field execution utilizing powerful construction technology.
For decades, the maxim in construction has been presented as a triangle with the words “good,“ “fast,” and “cheap,” followed by the caveat “Pick two.” This may sound like the punchline to a joke to people outside the industry, but insiders are all too familiar with the concept.
When a contractor starts a project, they know that cost will likely be the primary driver over efficiency with quality often coming in a distant third. While many successful firms are already using construction software and do have minimum standards of quality, those standards aren’t “standard” across the industry. Without actual KPIs for construction (key performance indicators), "standards" are only truly defined by regional regulations.
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