Housing Starts Increase In April
Housing starts across the U.S. increased in April 2.2% to 1.4 million according the U.S. Census Bureau and U.S. Department of Housing and Urban Development, New Residential Construction report released May 17. Notably, this is 22.3% lower than April 2022’s 1.8 million. Single-family home construction increased 1.6% to its highest level so far in 2023. Starts of apartment buildings and other multifamily projects also rose: The April rate for units in buildings with five units or more was 542,000.
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Mass Timber Towers Becoming A Reality In U.S.
In October, developers will break ground on Framework, a 12-story, 130-foot-tall mixed-use tower in Portland, Ore., designed by local firm Lever Architecture. Fast on its heels is SHoP Architects’ 475 West 18th Street, a 10-story, 120-foot residential tower in the...
Virginia Sawmill Announces $3 Million Investment
Gregory Lumber Inc. — a large, family-run sawmill in Java that has been in operation for almost 30 years — is in the midst of an expansion that will increase its production by 50 percent. Todd Haymore, the state’s secretary of agriculture and forestry, announced the...
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