The Bottom Line 5-31
This week at TRG, we found ourselves in the Denver market, once again looking skyward at aerial cranes and lumber being utilized for multi-story construction. Between meetings, we spent time visiting construction sites and querying workers about the details of projects. The building above will soon be an 8-story building, 7 floors of which will be lumber, a growing trend. Expect to see a thought piece on the implications of a change in regulation to the use of lumber (vs. steel and concrete) utilized in multi-story construction published by TRG in the coming weeks. Stay tuned next week for TRG’s State DOT Lettings Report, in addition to takeaways from our Denver meetings.