This message was sent to ##Email##
To advertise in this publication please click here
|
|
|
.NJSME NEWS
Save the Date
NJSME
Virtual PE credits on February 9th – 10am-12 noon.
Click here for the agenda.
State Required Ethics Credits will be provided
Click here to register.
|
|
It's Renewal Time!
NJSME
Have you sent in your membership renewal? Are you a non-member that wants to take advantage of all the NJSME has to offer? Join us today – and keep the organization strong!
If you did not receive your 2022 renewal notice, or would like to join as a new member, please send an email to info@njsme.org. You can also find our membership info at https://njsme.org/join-njsme/.
If you pay your dues by voucher/ purchase order, please send them in for signature. Comments, Questions, Concerns? Call us at 609-393-0102.
|
|
.TOP NEWS
NJ to get $1.1B for bridges under Biden infrastructure law. Here's what it means.
NJ.com
New funding under President Joe Biden’s $1 trillion bipartisan infrastructure law will give New Jersey $1.1 billion over the next five years to tackle its hundreds of deficient bridges.
The total amount, which breaks down to $229.4 million annually, is about what the state currently spends every year on bridges, and is over and above the $6.8 billion in federal funds allocated to New Jersey for roads and bridges over the next five years under the legislation.
|
|
.STATE OF NEW JERSEY NEWS
Northern NJ industrial properties are fetching record rents
The Real Deal
Warehouse tenants in 2021 paid more for proximity to the largest consumer market in the U.S. than ever before.
Retailers, manufacturers and other industrial renters want so badly to be near New York City that they’re willing to pay 50 percent more for space within a few miles of it than they would have a couple years ago.
|
|
Vote on Newark power plant nixed after Gov. Murphy intervenes
Newark Patch
A controversial plan to build a new, $180 million power plant in the Ironbound section of Newark has been temporarily put on ice, advocates say.
The Passaic Valley Sewerage Commission (PVSC) has been planning to build a natural gas power plant at its existing wastewater treatment facility at 600 Wilson Avenue in Newark. The long-running proposal is part of a resiliency blueprint that sprang up in the aftermath of Hurricane Sandy.
|
|
NJ Transit OKs $11M for work on 2 transit stations. It's a perfect chance to go green, advocates say
NJ.com
Before NJ Transit’s directors approved contracts to design plans for the restoration of Newark Penn Station and rehabilitation of Trenton Transit Centers platforms and access, environmentalists said they want those plans to include solar power and use of green energy sources as much as possible.
NJ Transit’s board approved a $9.2 million contract with Parsons Transportation Group to do a master plan and 10% of the concept design as part of the larger $190 million Newark Penn Station renovation project that was announced in December 2020.
|
|
.INDUSTRY NEWS
How coastal cities can build climate resilience as the clock ticks
MIT Management Sloan School
Coastal resilience is a key environmental mitigation strategy as the disasters of Hurricanes Harvey, Ida, Katrina, Maria and Sandy still haunt coastal areas. And it makes good business sense, given that most companies maintain a shoreline presence: 2.5 million U.S. businesses are in coastline counties, employing 37.1 million workers.
|
|
Can smart concrete keep America's infrastructure from crumbling?
Boss Magazine
Concrete plays a vital role in the United States' infrastructure, but much of it is not well-maintained. The long-unaddressed issues make roads more dangerous and could result in prolonged closures for extensive repairs. Another issue is that the nation has a massive backlog in capital requirements, which is not a quick problem to solve. More specifically, the report confirmed that $435 billion is needed to repair existing roads, plus another $125 billion to fix bridges. However, researchers hope smart concrete could become a crucial part of addressing the infrastructure shortcomings.
|
|
Top 5 commercial construction trends for 2022
Construct Connect
All in all, 2021 was an okay year for the commercial construction industry. Overall construction spending was up, with residential construction put-in-place seeing an increase but nonresidential experiencing its second year of decline.
|
|
|
|
|
7701 Las Colinas Ridge, Ste. 800, Irving, TX 75063
|
