The RED Letter
RED Engineering & Design
Structural Engineers
 March / April 2015
     
 
We are enjoying our new office! 

 

RED Engineering & Design has relocated to newer and bigger offices in Apex, NC.  

 

Our new address is:

126 Salem Towne Court

Apex, NC 27502

 
Local update 
 
In an article in appearing The News & Observer on March 9, 2015, the City of Raleigh indicated that their construction inspections department is back to its pre-recession inspections level. In 2005, the department performed 125,000 inspections compared to the 61,800 conducted in 2008. Department officials say they need enough inspectors to keep things running smoothly and have asked the City to fund 11 full-time positions.

 
Raleigh, NC (iStock) 

 

 
Forecasts and stats: 2015 
 

National retail:

According to the International Council of Shopping Centers (ICSC), real estate investments trusts (REITs) reported strong leasing results in 2014. They expect leasing to remain strong in 2015. This means more tenant upfits. For more information, please log on to:
Office construction is anticipated to increase slightly over 2014's rate going from 14% to 15%. Technology and finance firms head construction needs in this category. Hotel and warehouse construction is expected to increase in 2015.*

National institutional:

School construction is expected to increase at a moderate rate of 9% with K-12 schools leading the category. Healthcare facilities will show growth over 2014's slight downturn.*

National manufacturing plant construction:

With an increase of 57% in 2014-due in most part to enormous energy and chemical-related projects-plant construction will remain strong in 2015.*

*Source: www.construction.com 

  
Capital Bank building (RED Engineering - structural design)

 
Feature Articles
Dates & Events
March 20, 2015: First day of Spring!

April 16, 2015:
RED Presentation to Structural Engineers Association of North Carolina - Wilmington Chapter

About the masthead image:

Spring!