Mortenson Construction completes a challenging TI -- for its own space.
An augmented-reality app helps people visualize an unfinished UW building.
Mortenson Construction wins a new light rail infrastructure contract.
Demand for materials, equipment and labor was greater than expected, forcing Mortenson to recalculate its predictions.
Mortenson recently installed modular hotel rooms at the seven-story citizenM hotel, which is currently under construction in South Lake Union.
A 4.4% increase in costs during Q2 has Mortenson now projecting a 4.5% rise for the year.
The cost of construction in Seattle continues to outpace that of the nation.
Construction costs in the Puget Sound region are 5% higher than a year ago, and are forecast to rise by as much as 6% in the next 12 months.
Construction employment and costs are still upward bound in Seattle.
Materials costs are driving the overall increases in construction costs.
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