Building Design + Construction
In the August 2018 issue of Building Design + Construction: Construction Technology is Catnip for Investors article by John Caulfield, Senior Editor and David Malone, Associate Editor; numerous talking points are delineated showcasing how the utilization of a technology platform pushes the construction industry into a new era.
Within the the articles numerous innovations and research findings in the ever changing realm of the construction industry is an article that discusses the role of design/build in today's and tomorrows architecture and construction industry and moreover economy.
“Design-build is the fastest growing and most popular method to deliver nonresidential, highway/street, and water/wastewater construction projects in America".
Nearly half of nonresidential construction projects delivered by design-build
New research by FMI shows that nearly half of nonresidential construction projects are being delivered by the design-build method. Design-build is the fastest growing and most popular method to deliver nonresidential, highway/street, and water/wastewater construction projects in America, according to the report. Among the findings:
Design-build is anticipated to account for 44% of construction spending in the assessed segments (nonresidential, highway/street, and water/wastewater), delivering 1.2 trillion in construction by 2021.
Design-build spending is anticipated to grow 18% overall, with the highway/street, and water/wastewater sectors seeing 30% growth by 2021.
Design-build spending in manufacturing (16%) and education (15%) represent the greatest percentage of design build constriction spending by segment.
Caulfield, John, and David Malone, editors. “Construction Technology Is Catnip for Investors.” Building Design Construction, 1 Aug. 2018, pp. 10–14.