Articles from Linesight

Global construction consultant Linesight has released its latest Construction Market Insights report, revealing that the North American construction industry continues to gain momentum, fueled by mission-critical sectors, despite the uncertainty surrounding US tariffs and global trade.

Linesight, a global construction consultancy will host its first in-person Life Sciences Capital Project Benchmarking event in Boston at the Fairmont Copley Plaza on June 17 at 4:00 PM. The event will feature a panel of experts who will provide life sciences professionals with an overview of the transformative benefits of benchmarking capital projects and share high-level insights from an analysis of 213+ global projects valued at $35 billion.

Global construction consultant Linesight today released its Construction Market Insights report for the Americas, showing that demand for construction workers has surged, leading to rising labor costs and increased project delays.

Global construction consultant Linesight today released its Q2 US Country Commodity Report, noting that commodity prices are continuing to stabilize, albeit at elevated levels, with the GDP rising beyond expectations and signs of cooling inflation. Digital transformation is driving rapid expansion in the data center and high-tech industrial sectors in the United States supported by federal legislation such as the CHIPS and Science Act and the Infrastructure Investment and Jobs Act. This is presenting some challenges namely in skilled workers to deliver the facilities, as well as a growing need to identify new sites and locations to meet the digital infrastructure requirements into the future.

Linesight, a global construction consultancy firm, today announced that Lisa McIntyre, a renowned cost and program management professional, team leader, and Director at Linesight, has been honored as the recipient of the prestigious RICS Emerging Achiever of the Year Award. This esteemed award recognizes exceptional talent and contributions by young professionals in land, real estate, construction, and infrastructure. The award ceremony held on June 15, 2023, celebrated Lisa's remarkable achievements.

Global construction consultant Linesight today released its United States Country Insight and Commodity Report for Q1 2023.

Global construction consultancy firm Linesight today released new data indicating the likely leveling of prices in key commodities markets in 2023 as supply chain disruptions ease and logistics return to pre-pandemic efficiencies. However, the company’s Q4 Commodity Report warns that continued inflation, a predicted economic downturn, and China’s new stance on COVID safety will keep prices high for the rest of the year. Economic recovery remains slow in the United States, and the construction industry is expected to shrink by 7% in 2023.

Global construction consultancy firm, Linesight, today released new data showing that the cost of commodities that are key for the construction industry has stabilized or slightly decreased, and is expected to remain lower for at least the first half of 2023. The company’s Q3 Commodity Report also indicates that there is cause for optimism about the US construction industry, despite uncertainty regarding the health of the US economy.

Global construction consultancy firm, Linesight today released new data showing that stability may be returning to the cost of construction materials as pandemic-driven volatility subsides, but because of factors such as high global energy prices, increasing interest rates, labor shortages, and fuel and freight costs, the reduction in commodity prices won't be felt until the beginning of 2023. The company’s Q2 Commodity Report for the United States also shows that tariffs on imported lumber and other materials are keeping costs higher for American builders.

Global construction consultancy firm Linesight today announced the appointment of Anne Rush, Heather Dooley, and Jane Cassidy to its executive committee, effective immediately. Each new committee member is an experienced business leader with strong, relevant industry experience which they will bring to bear in this fast moving and dynamic business.

Global construction consultancy firm Linesight today announced the official opening of its Dallas office to support its growing client base in the Americas and drive its successful worldwide practice in the data center industry as well as leadership position in life sciences and commercial real estate. The new facility is host to Linesight's Scheduling Center of Excellence (CoE), which provides superior flexible service and expertise to its global roster of customers.

Linesight, a global construction consultancy firm, expects prices for construction commodities to remain high and volatile in 2022, despite a predicted stabilization in the market many thought would come to fruition in Q1.

Today, multinational consultancy Linesight releases the initial findings of its pioneering initiative to benchmark data from global life sciences construction projects with a combined value of US$13.9bn across the sector. The research shows that the ‘Lang Factor’ which has been used as standard in the life sciences sector to estimate project costs has limitations and can be significantly improved. The Lang Factor uses the equipment planned for a new facility as the basis to estimate an early-stage cost forecast for facility construction. Linesight’s data indicates that developing a Lang Factor from a more extensive dataset of projects across a number of large life sciences organisations is more powerful and insightful than simply having a Lang Factor developed from one organisation’s project data. It allows for Lang Factors to be broken down into facility types, rather than a broad-brush approach, and factors in peer benchmarking.

Linesight, a global construction consultancy firm, expects prices for construction commodities to decline in 2022 after hitting record highs last year. Much of the inflationary pressure on prices was due to shortages prompted by pandemic-related supply chain issues, increased global demand, labor disruptions, and extreme weather. However, with the passage of the US infrastructure bill, it is expected that total construction spending will jump to $1.701 trillion in 2022, a 4.5% increase over 2021. The findings are part of Linesight's fourth-quarter Commodity Report and price forecast, based on interviews with over 160 industry experts across the globe.

Linesight, a global construction consultancy firm, sees construction commodity prices in the United States declining in 2022 after experiencing hyperinflation earlier this year. It also expects total U.S. construction spending to top $1.707 trillion in the new year, a nearly 4% increase from 2021. The findings are part of Linesight's third-quarter Commodity Report and price forecast, based on interviews with nearly 160 industry experts across the globe.

IPS-Integrated Project Services, LLC, headquartered in Blue Bell, Pennsylvania and a subsidiary of Alleghany Capital Corporation, today announced that it has acquired Linesight, a multinational consulting firm headquartered in Dublin, Ireland. IPS is a large EPCMV (Engineering, Procurement, Construction Management and Validation) company with over 1,700 staff across 22 offices worldwide. Linesight is a fast-growing professional consultancy services organization providing project controls to data center providers, life sciences companies, commercial real estate, healthcare, hospitality, retail and residential sectors. Linesight has over 900 staff across 24 offices globally.

Multinational construction consultancy firm Linesight today launched its Scheduling Center of Excellence (CoE) with a team of subject matter experts based in Dallas. Integrated and reliable scheduling expertise is a specialized management skill that drives the effective use of funds and provides project execution roadmaps that can help determine if a construction project’s parameters are realistic and achievable. Linesight’s highly experienced schedulers enable clients to make informed decisions faster by providing them with an integrated approach for managing tradeoffs between cost, schedule, risk management, and project scope. This Center of Excellence is the first of its kind in the industry enabling Linesight’s clients to have access to best practice project reporting and confidence in the predictability of project outcomes.