Most construction companies across the state have a positive outlook on business for 2023. 

After about two years of record setting growth, commercial real estate firm, CBRE is reporting that leasing activity slowed within the PA I-78/I-81 Corridor logistics market in 2022, posting as little as half of 2020's total.  

Architectural, engineering and construction (AEC) firms are designing, planning, constructing and leading projects worth hundreds of millions of dollars.

Lower Macungie Township will have a new hospital by the end of 2023. 

An affiliate of Endurance Real Estate Group LLC announced the successful financing of Berks 61 and Berks 222, a recently stabilized three-building Class A portfolio of distribution centers in the Lehigh Valley West submarket.

The construction industry is very dynamic and produces various changes every year. Some changes are minor, while others are immense and have lasting effects on the entire industry.

Lehigh Valley Trade Center (LVTC) is nearing completion in Bethlehem, and developer Trammell Crow Co. (TCC) has donated one parcel to D.I.V.E. LLC to continue scuba diving training at the former Dutch Springs.  

For the first time since April, the 30-year mortgage rate average has fallen under 5%. Freddie Mac’s Primary Mortgage Market Survey, released Thursday, showed the average for a 30-year, fixed-rate mortgage was down to 4.99%.

Recent new hires include Tower Health, Morton Brown Family Wealth and more.

The 2022-2023 state budget just signed by Gov. Tom Wolf includes $125 million to fund a new program to pay for home repairs and other improvements for those with limited incomes.