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March 07.2025
3 Minutes Read

Skanska’s Small Business Incubator: A $740M Investment in Community Growth

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Transforming Small Business Futures: Skanska's Impact

Small businesses often struggle to find their footing in competitive industries, especially in construction, which can often feel inaccessible to newcomers. However, Skanska’s Construction Management Building Blocks program is changing that narrative. Launched in 2007, this initiative has partnered with diverse, small companies to not merely teach but empower them in the construction sector. It has significantly contributed to small business growth, with forks in opportunity leading to approximately $740 million in contracts with Skanska since its inception.

Why Community Growth Matters in Construction

Skanska’s commitment to community and economic development through its Building Blocks program highlights an essential principle: when small businesses thrive, entire communities flourish. As Tracy Hunt, general manager of Skanska’s Florida operations explains, the goal is not purely to subcontract work to these smaller firms but to facilitate an ecosystem where they can collaborate with not just Skanska, but also other competitors. The program has educated about 800 companies, all while fostering partnerships that generate employment and enhance local economies.

A Real-Life Example: David Delancey's Journey

Take the inspiring story of David Delancey, whose passion for construction was reignited through family conversations. After starting his firm, One Day Came, he returned to the University of South Florida, eager to improve his business practices through the Building Blocks program. Delancey's firm is now involved in significant educational infrastructure projects valued at around $70 million, a feat that reflects the scale of growth possible through mentorship and education.

Building the Future: Educational Initiatives within the Program

The Building Blocks program offers various free, multiweek courses covering essential areas like contracting methods, safety standards, and sustainability practices. These classes not only enlighten participants but can improve operational efficiency and client relations across the board. Skanska employees facilitate discussions on critical skills, ensuring that small contractors are equipped to navigate the complexities of construction projects.

The Bigger Picture: Resilience of the Construction Industry

As our economy continuously shifts, the importance of resilient businesses within the construction industry cannot be overstated. Skanska’s initiative encourages a broader understanding of market dynamics among small firms, enhancing their ability to adapt and innovate. By fostering partnerships and aiding in skill development, they create a workforce that’s prepared for the increasing demands of modern construction.

Looking Ahead: The Future of Construction

With construction projected to remain a vital part of the economy, programs like Skanska’s Building Blocks are essential for developing the next generation of contractors. They are not just teaching skills but are instilling the confidence and knowledge small businesses need to not only survive but thrive in a dynamic marketplace.

Your Role: Support Local Contractors

For homeowners looking to remodel or improve their living spaces, choosing local contractors can have a significant impact. By opting for home remodeling services provided by firms in community programs, like those nurtured by Skanska, you are participating in a cycle that promotes economic growth. So when searching for "home remodeling service near me" or "contractors near me", consider supporting those who are committed to excellence and community upliftment.

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06.18.2025

Understanding Targeted Investment: How It Impacts Lifeline Infrastructure and Homeowners

Update Revamping Lifeline Infrastructure for Modern NeedsAs communities grapple with the aftermath of disasters like Hurricane Helene, the need for resilient lifeline infrastructure — encompassing vital services such as water, electricity, and transportation — has never been more apparent. At the recent Building Innovation 2025 conference, experts emphasized that many of today’s infrastructural challenges stem from outdated systems originally designed in a different era. North Carolina DOT Secretary Joey Hopkins remarked on how infrastructure from the 1960s failed to account for modern realities: “Back in the ‘60s, we built ramps that came in on the left side of the highway.” These aging structures struggle against climate change and increasing natural disasters, necessitating a constructive overhaul.The Case for Targeted InvestmentCurrently, U.S. funding programs prioritize restoring infrastructure to its pre-disaster state, which often means repeating the same mistakes. According to Madhu Beriwal from IEM International, this approach overlooks the urgency of adapting our infrastructure to withstand 21st-century climate conditions. Each infrastructure entity operates independently without coordination, which can lead to vulnerabilities that escalate into major failures following catastrophic events. With strategic planning and targeted investments, jurisdictions can identify weak points in lifeline systems and allocate resources effectively. This approach enables communities to mitigate future risks and repair their structures in sustainable ways.Why Homeowners Should CareAs a homeowner or potential homeowner, understanding the state of local infrastructure is crucial. The resilience of your community's infrastructure directly affects property values, quality of life, and safety. In an area where infrastructure fails, not only are daily services disrupted, but it could also impact your home remodeling projects. Whether planning a kitchen remodel, a bathroom renovation, or any other improvement, knowing your local infrastructure's robustness is key to making informed decisions regarding investments in your home.Making Informed DecisionsFor growing families and empty nesters alike, being proactive about home maintenance is essential. By staying informed about your community's infrastructure and advocating for targeted investments, you can influence decisions that protect not only your property but also your neighborhood. Remember, when your community thrives, so does your home. Seek out reliable contractors to help ensure that any home improvement aligns well with these infrastructure updates, guaranteeing greater longevity and efficiency.

06.13.2025

Why Stricter ASCE Codes Are Essential for Flood Protection Improvements

Update Understanding The Importance of Stricter ASCE CodesIn an age where extreme weather events are increasing in frequency and intensity, the importance of updating flood protection standards cannot be overstated. Recent changes made by the American Society of Civil Engineers (ASCE) in their ASCE 24-24 standards reflect a critical evolution in flood risk management. This marks a significant shift for homeowners, contractors, and anyone involved in home improvement and construction.What’s New in ASCE 24-24?The most noteworthy modification is the expansion of regulated flood hazard areas from the traditional 100-year floodplain to now encompass the 500-year floodplain. This requires builders and homeowners to consider a broader area when planning new constructions or renovations, making it crucial for contractors near me and anyone looking for home remodeling services to stay informed on these elevated standards.Elevating Construction StandardsAnother key update is the heightened elevation requirements for buildings in flood-prone areas, driven by empirical evidence from past devastating storms such as Hurricane Harvey and Ian. This calls for a strategic approach to home improvements, where homeowners must engage reliable renovation services or residential home repair contractors to ensure compliance with the latest regulations.The Value of Home Renovation in Flood-Prone AreasThe implications of these updates are vast, especially for those considering home remodeling or additions. Investing in durable and flood-resistant structures not only safeguards your property but also enhances long-term value, making it a prudent decision for anyone searching for home improvement options.Final Thoughts on Flood ResilienceAs homeowners, understanding and adapting to these updated standards is key to ensuring the safety of your homes while maximizing values in flood-prone areas. Empower yourself with knowledge and connect with expert contractors near you to maintain a safe and resilient home. The changes in ASCE codes serve as a reminder that preparation is essential in safeguarding your investment and your family’s future.

06.12.2025

Boeing’s $1.8 Billion St. Louis Campus Expansion: Future Opportunities for Homeowners

Update Boeing's $1.8 Billion Expansion: What It Means for St. Louis Boeing is making significant strides in the St. Louis area, as it embarks on a monumental $1.8 billion campus expansion in partnership with Jacobs, a Dallas-based contractor. Set to unfold between 2026 and 2030, this project includes the construction of a staggering 1.1 million square feet of advanced assembly facilities, which are crucial for the production of future-generation aircraft. The Economic Impact on Local Communities This expansion not only signifies Boeing's commitment to innovation in aerospace but also highlights the potential economic windfall for St. Louis. The project promises to create numerous job opportunities, particularly in construction and manufacturing sectors. Homeowners and families in the area can expect increased economic activity, which might lead to an uptick in home values and opportunities for home improvement services as demand grows. Emphasis on Sustainability and Environmental Approvals Importantly, Jacobs has already secured federal environmental approvals in just eight months, showcasing a concerted effort to streamline permitting processes for such large-scale projects. This rapid turnaround is a result of broader initiatives aimed at reducing red tape for critical defense and infrastructure projects across the country. Why This Matters to Homeowners and Contractors For local homeowners, the expansion may serve as a catalyst for renovation activities, spurring demand for home improvement contractors and services. If you're considering home remodeling, the time may be ripe to explore options such as kitchen or bathroom renovations. Increased regional investment and activity typically boost demand for home improvement projects, leading to a flourishing market for contractors and service providers in the space. Future Trends in Home Renovation and Construction As Boeing fulfills its promise to bolster its St. Louis operations with this extensive campus, homeowners should also consider how various trends in home renovation might play out. With the anticipated economic growth, enhancements in homes could be a savvy investment. Whether it’s kitchen remodeling, bathroom renovations, or exterior home improvements, a surge in local projects is likely to benefit homeowners significantly. In conclusion, Boeing's ambitious $1.8 billion expansion is more than just a corporate investment; it's a beacon of hope for economic growth in St. Louis. Residents and contractors alike should stay informed and prepared for the new opportunities arising from this monumental project. Embrace the possibilities of home improvement and remodeling services to enhance your living spaces.

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