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Construction Spending is Projected to Increase by More Than 11% Through 2022



By John Caulfield, Building Design + Construction

Spending for nonresidential buildings is expected to increase by 10% between 2018 and 2022, to $572.1 billion, or just under 40% of total construction put in place that year. Image: FMI

The office, education, amusement and recreation, manufacturing, and transportation sectors are expected to be the impetus behind a projected 3% increase in

Treasury Issues Final “Pass-Through Deduction” Regulations



From the The U.S. Department of the Treasury

On Jan. 18, the Treasury Department issued final regulations on the “Section 199A deduction” (often called the pass-through business deduction or the qualified business income deduction). The deduction, which provided tax relief for construction firms organized as pass-through entities (as opposed to those organized as C-Corporations, whose tax rate was reduced to 21 percent)

For Real Estate Investors, the Slow-but-steady Markets (Like Cleveland) can win the race



Article by Scott Suttell, Managing Editor of Crain's Cleveland Business.

Real estate investors should pay close attention to Cleveland.

So argues Ingo Winzer, president of Local Market Monitor, a firm that produces forecasts of home prices, rents and investment risks in markets nationwide, in this piece for Forbes.com that identifies the best markets for real estate investments in 2019.

Here's

Incoming Ohio Gov. Mike DeWine's Cabinet Could be Most Diverse in Ohio History



By Jackie Borchardt, Cincinnati Enquirer

Incoming Ohio Gov. Mike DeWine has assembled one of – if not the most – diverse cabinets in Ohio history.

DeWine has nominated women to a majority of state agency director positions in recent weeks. A handful of the top jobs will be held by African-Americans.

DeWine allies say that's a reflection of how he operates and

New ODOT On-The-Job Training Rules Take Effect January 1, 2019



 

Article written by Matt Grashoff and Jud Sheaf of Hahn Loeser & Parks LLP.

The Ohio Department of Transportation recently announced significant changes to the On the Job Training Program (“OJT Program”) that will take effect on January 1, 2019.  Because these changes will impact on-going multi-year projects as well as new ODOT projects that will begin construction

Construction, Trades Topped Hiring on Monster in 2018



By Valerie Bolden-Barrett and Construction Dive Editors

Monster's year-end look at hiring and job searching in 2018 found that construction- and trade-oriented industries accounted for much of the hiring in 2018, according to its 2018 The Year in Jobs Report. 

Construction was part of a category that also included trades, manufacturing and storage/distribution, which held the top spot in 27 states, including

The 7 Most Striking Construction Technology Innovations of 2018



By Kathleen Brown, Construction Dive

Construction technology is advancing every day, presenting contractors with more tools to meet their long-term growth and efficiency goals. Even if the labor shortage isn’t letting up, AI analytics, drone hardware-software combinations, independently operated robots and other technologies are allowing the industry to do more with less.

As the year comes to a close, we're taking

Construction on New Flats East Bank Restaurants Could Start Early Next Year



By Michelle Jarboe, The Plain Dealer

Developer Scott Wolstein hopes to break ground within 30 to 60 days for a trio of riverfront restaurants at the Flats East Bank project.

On Thursday morning, the Port of Cleveland’s board of directors approved plans to issue up to $15 million in bonds to support the $17.5 million downtown Cleveland deal.

During a presentation to

Laborer Saves Life of IBEW Member on the Job



From the webpage of Laborers' Health & Safety Fund of North America.

On October 24th, the IBEW and Lyons & Pinner held a ceremony to honor the brave and life-saving actions of Cesar De Alba and John Norling."

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Hahn Loeser’s Andy Natale Honored at Ohio Contractors Association Annual Conference



This week, Hahn Loeser & Parks LLP's Andrew J. Natale received the Ohio Contractors Association (OCA) Distinguished Service Award for his lifetime of service and leadership within the construction industry.  

Congratulations Andy!

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