CONSTRUCTION

TELUS and Adera complete new Smart Building in North Vancouver

Adera Development | December 01, 2022 | Read time : 05:00 min

TELUS and Adera News
TELUS continues to grow its Residential Smart Building footprint with the completion of RED Lower Lynn, a new rental development located in North Vancouver’s vibrant Lynn Creek community. In partnership with west coast modern design builder Adera, this six-storey, 88-unit complex features TELUS’ cutting edge smart building technology and automation, offering luxury and comfort paired with savings and efficiency. Residents at RED Lower Lynn can control their smart suites from their smartphones through the easy-to-use TELUS Residential Smart Building app, giving them the flexibility to remotely lock and unlock their keyless doors, or adjust their lights from anywhere, at any time.

“We’re excited to bring TELUS’ Smart Building solutions to North Vancouver’s rental market, ensuring residents and staff at RED Lower Lynn have the latest in building automation, security, entertainment, and connectivity solutions, TELUS’ partnership with Adera builds upon our strategy to leverage our world-leading wireless and PureFibre networks to bring our customers the best in home and business automation, while creating sustainable, healthy, and connected spaces to live, work, and play.”

-Erin Walker, Director, Residential Smart Communities at TELUS.

With TELUS Residential Smart Building, residents are conveniently notified on their smartphone when someone opens the door, the temperature needs to be adjusted, or someone requires entry. RED Lower Lynn’s building operators are also using TELUS Residential Smart Building to access the latest in security technology, 24-hour monitoring, and tools to increase building efficiency, which reduces their carbon footprint and operating expenses.

“Providing a safe, secure community for residents is a top priority at Adera. As such, partnering with TELUS for RED Lower Lynn, a purpose-built rental property, aligned with our goals, The integration of smart building technology allows residents to live in a building with an added layer of security, offers peace of mind for residents and ultimately a more accessible, user-friendly experience, whether you are in your own home, the parkade, or one of the many common amenities throughout the building.”

-Rocky Sethi, Chief Operating Officer at Adera.

About TELUS:
TELUS (TSX: T, NYSE: TU) is a dynamic, world-leading communications technology company with $17 billion in annual revenue and 17 million customer connections spanning wireless, data, IP, voice, television, entertainment, video, and security. Our social purpose is to leverage our global-leading technology and compassion to drive social change and enable remarkable human outcomes. Our longstanding commitment to putting our customers first fuels every aspect of our business, making us a distinct leader in customer service excellence and loyalty. The numerous, sustained accolades TELUS has earned over the years from independent, industry-leading network insight firms showcase the strength and speed of TELUS’ global-leading networks, reinforcing our commitment to provide Canadians with access to superior technology that connects us to the people, resources and information that make our lives better.Operating in 28 countries around the world, TELUS International (TSX and NYSE: TIXT) is a leading digital customer experience innovator that designs, builds, and delivers next-generation solutions, including AI and content moderation, for global and disruptive brands across high-growth industry verticals, including tech and games, communications and media and eCommerce and fintech.

About Adera Development:
With over 50 years of experience, Adera Development Corporation has built a world-class portfolio and emerged as one of the leading multi-disciplinary real estate development organizations and mass timber leaders in British Columbia. Adera remains dedicated to delivering value through a commitment to the communities it builds, its customers, the environment, and the pursuit of agile innovation in their proprietary SmartWood® and QuietHome™ technologies. To learn more about

Spotlight

MMC, which stands for Modern Methods of Construction, is a process which focuses on off-site construction techniques, such as mass production and factory assembly. SIG play a big part in assisting MMC companies like EES Modular in technical guidance around the products used for the building.


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ENGINEERING TECH

Trimble Construction Cloud Powered by Microsoft Azure Launches at Trimble Dimensions+ Conference

Trimble | November 08, 2022

Trimble (NASDAQ: TRMB) today announced the launch of Trimble Construction Cloud powered by Microsoft Azure, an industry cloud to streamline construction projects. Trimble Construction Cloud was developed as part of Trimble's collaboration with Microsoft to advance technology adoption and accelerate the digital transformation of the construction, agriculture and transportation industries. Trimble Construction Cloud takes advantage of Microsoft Azure services including Logic Apps, Azure DevOps, and Azure Kubernetes Service. The platform links project teams, data, processes and multiple stakeholders—such as general contractors, subcontractors, designers, engineers and owners—across all phases of construction projects. Connecting people, processes and workflows enables projects to be completed better, faster, safer, cheaper, and greener. By providing seamless collaboration from the field to the back office, Trimble Construction Cloud provides a trusted environment where transparency and actionable data are the new norm. It is also the sole construction industry cloud for Microsoft customers. "Trimble Construction Cloud enables customers to accelerate and deliver improved business outcomes with data from native Trimble and ecosystem of services, It empowers project teams to design, construct, operate, collaborate and learn with live data sharing. This unique approach leverages connected workflows, precise spatial data and constructible models to modernize the entire ecosystem and accelerate customer success. We're excited to help customers and partners achieve more productively and sustainability than before." -Jennifer Lin, senior vice president and chief platform officer for Trimble. Trimble Construction Cloud will launch as the cloud solution powering Trimble Construction One, a purpose-built connected construction management offering that includes rich field data, estimating, detailing, project management, finance and human capital management solutions. Non-Trimble Construction One users can subscribe to Trimble Construction Cloud independently as a separate service. Trimble Construction Cloud includes four main functions designed to automate the flow of data and decision-making for more efficient and predictable business outcomes: Common Data Environment: Task-specific point solutions have created the fragmentation of data and losses in handoffs, as construction is increasingly a mixed fleet world with different equipment, technology, software and information—each of which handle different parts of the construction lifecycle. Trimble Construction Cloud features one centralized, common data environment that connects the office with site operations tools, enabling Trimble and non-Trimble solutions to automatically integrate into one usable data set. This provides enhanced data visibility and unites stakeholders across jobs, teams and departments with the right information at the right time to make the right decisions. Configured and Custom Workflows: Despite the number of repetitive tasks inherent to construction, most contractors still run their businesses manually, which is time-consuming and error prone. Trimble Construction Cloud solves this challenge with configured and customizable workflows that help project teams automate different aspects of their business with commonly used workflows, as well as by building and deploying their own around critical job roles and specific business objectives. The cloud's three configured workflows include a model-to-procurement built for Mechanical, Engineering and Plumbing (MEP); a model-to-fabrication for structures; and a civil bid-to-build for site management. Live Data/Model Sharing: Collaborating across projects in real-time has always been difficult for project teams. Trimble Construction Cloud provides customers with the ability to subscribe to unique capabilities across Trimble and non-Trimble solutions such as Microsoft Teams that serve to enhance and facilitate collaboration across project teams. The Live Sharing capability allows for real-time model collaboration for both Trimble and non-Trimble solutions. With Live Sharing, multiple users can be in several Trimble solutions—such as Quadri, Trimble Connect and Tekla—and view model changes as they happen. Users with non-Trimble solutions can also collaborate in the same modeling process as well. Trimble Developer Portal: Instead of reaching out to various organizations within a business to gain access to a report or specific type of data, Trimble Construction Cloud centralizes the discovery, learning, provisioning, support and successful application of APIs through the Trimble Developer Portal. An easily accessible, centralized portal is designed to facilitate faster onboarding and integration leading to more productive developer experiences. "Cloud-based solutions are designed to take industries to the next level to compete in today's marketplace, Trimble Construction Cloud connects disparate systems and provides new workflows, so stakeholders have the visibility and fluidity they need to further enhance digital transformation." -Casey McGee, vice president of Global ISV Sales, Microsoft. About Trimble: Trimble is an industrial technology company transforming the way the world works by delivering solutions that enable our customers to thrive. Core technologies in positioning, modeling, connectivity and data analytics connect the digital and physical worlds to improve productivity, quality, safety, transparency and sustainability. From purpose-built products to enterprise lifecycle solutions, Trimble is transforming industries such as agriculture, construction, geospatial and transportation.

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CONSTRUCTION

Digital Workflows Help Design and Construction Companies Manage Their Projects and Companies Better

Trimble | December 12, 2022

The ability to share digital data effectively is a critical factor that impacts the success of digital transformation in the design and construction industry. This includes both the ability to share data within different departments in the same company or across multiple companies involved in the same project. New research from Dodge Construction Network, together with Trimble, published in the Connected Construction SmartMarket Brief series, reveals that owners, architects, engineers, general contractors and specialty trades are utilizing digital workflows to share project information. The findings show, though, that internal connections are far more common than external ones, with nearly half of all respondents (48%) sharing 50% or more of their project data internally using digital workflows, and nearly one quarter (24%) doing so with other stakeholders on their projects. “In an increasingly connected world and with the rapid adaptation of remote work due to COVID, construction companies are looking for ways to more efficiently, securely and quickly share data with key stakeholders, This research project with Dodge shows that teams and projects utilizing digital workflows saw a substantial increase in project quality, supported by faster delivery and decreased delays related to rework. By sharing the findings of this research, we believe these insights can help construction professionals understand how connected construction is used on a practical level.” -Pete Large, senior vice president of Trimble Construction. The study also explores in detail the various processes for which digital workflows are employed and the benefits of using them. In order to fully capture all these details, five new Connected Construction SmartMarket Briefs have been created, in addition to the one examining the owner's perspective published earlier this year. Four of them focus on the design and construction industry practitioners who participated in the study: architects, engineers, general contractors and specialty trade contractors. The fifth provides an overall look at all the respondents to the study, and it examines in detail the difference in response between those who are already highly engaged in these processes and those who have more limited engagement. Some notable findings from each of these individual reports describing different personas and types of organizations include: Architects lead the industry in their use of multicompany digital workflows, with one third deploying them. Engineers are deepening their engagement with workflows for specific design practices with 83% of users are planning additional investments digital workflows. General contractors that focus on vertical (building) construction are utilizing more digital workflows for their construction operation processes and reaping greater benefits than those who largely engage in civil construction. Specialty trade contractors are currently utilizing digital workflows most frequently for administrative tasks, but their biggest planned investments are for utilizing workflows that will help them with construction operations and crew management. Despite the differences in their degree of use and how they engage with digital workflows, owners, architects, engineers, general contractors, and specialty trade contractors all report the same key benefits from their use: The key benefits for both companies and projects are more informed decision making and increased efficiency of internal processes. The primary benefits for improved project outcomes are quality and faster delivery. An expected benefit revealed in the findings is that those using digital workflows have much more insight into how those processes impact their projects than those who do not use them. This finding was made clear in the close examination of the use of digital workflows for many common administrative, planning and construction operations processes that the respondents perform. "It is quite likely that the increased insight that comes with the use of digital workflows is one of the main reasons that so many report being able to make better-informed decisions, What is more exciting, though, is that this finding suggests that the digital transformation of the industry may be able to finally help the industry achieve the productivity gains that have proved so elusive over the years." -Donna Laquidara-Carr, industry insights research director at Dodge Construction Network. About Trimble: Trimble is an industrial technology company transforming the way the world works by delivering solutions that enable our customers to thrive. Core technologies in positioning, modeling, connectivity and data analytics connect the digital and physical worlds to improve productivity, quality, safety, transparency, and sustainability. From purpose-built products to enterprise lifecycle solutions, Trimble is transforming industries such as agriculture, construction, geospatial, and transportation. About Dodge Construction Network: Dodge Construction Network leverages an unmatched offering of data, analytics, and industry-spanning relationships to generate the most powerful source of information, knowledge, insights, and connections in the commercial construction industry. The company powers four longstanding and trusted industry solutions—Dodge Data & Analytics, The Blue Book Network, Sweets, and IMS—to connect the dots across the entire commercial construction ecosystem. Together, these solutions provide clear and actionable opportunities for both small teams and enterprise firms. Purpose-built to streamline the complicated, Dodge Construction Network ensures that construction professionals have the information they need to build successful businesses and thriving communities. With over a century of industry experience, Dodge Construction Network is the catalyst for modern commercial construction.

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CONSTRUCTION

Jones Street Investment Partners Secures $179 Million in Construction Financing for Three Northeast Multifamily Projects

Jones Street Investment Partners | November 15, 2022

Jones Street Investment Partners, a private equity real estate firm focused on multifamily assets located throughout the Northeast and Mid-Atlantic regions of the U.S., today announced that it has secured $179 million in construction financing to develop luxury multifamily communities in Kittery and Brunswick, Maine, as well as Manchester, New Hampshire. Securing these loans enables Jones Street to expand its portfolio in key secondary markets across the Northeast that are severely supply constrained and have demonstrated consistently strong rental growth. “We appreciate the support of our financing partners, Our ability to secure these loans at attractive terms is a testament to the strength of our relationships, the quality of our business plans and our established track record. Each of these projects aligns with our emphasis on long-term, cash flowing investment strategies that have the potential to deliver attractive risk-adjusted returns. We look forward to ingraining ourselves within each of these communities and delivering exceptional living experiences to our future residents.” -Matt Frazier, founder and CEO of Jones Street Investment Partners. Jones Street secured a $70 million loan from Key Bank as well as a $7.9 million preferred equity investment from a major investment manager to develop Seacoast Residences, a 282-unit multifamily community located at 76 Dennett Road in Kittery. The five-building property, which is situated along I-95 and immediately across the border from Portsmouth, New Hampshire, will feature luxury unit finishes, a resort-style swimming pool, fitness center, dog park, sun deck, and on-site nature trails. Seacoast Residences is located in an area with a limited supply of rental product and is poised to benefit from its proximity to major employment centers. A number of national and regional businesses operate in the New Hampshire and Southern Maine seacoast regions, including Andover Healthcare, Portsmouth Naval Shipyard, CSI Engineering, Northwestern Mutual, and Sun Life Financial, among others. Jones Street expects to complete construction in early 2024. Bangor Savings Bank provided Jones Street with a $36 million loan to develop an amenity-rich, 181-unit multifamily community in Brunswick. Located on Admiral Fitch Avenue in a Qualified Opportunity Zone, the property sits within the Brunswick Landing Development, a former naval base that is being revitalized and includes nearly 2 million square feet of commercial and industrial space. Ideally situated three miles from downtown Brunswick and within 30 minutes of downtown Portland, which is experiencing sustained rent growth, the property is expected to benefit from the strong employment market. A number of major regional and national employers, including L.L.Bean, VividCloud and General Dynamics Bath Iron Works, as well as top-ranked Bowdoin College, operate in the area. The property is expected to be completed by the fourth quarter of 2024. Jones Street secured a $65.1 million loan from Berkshire Bank to develop a 250-unit multifamily community in downtown Manchester. Located at 75 Canal Street within a Qualified Opportunity Zone, the property will consist of studio, one-, two- and three-bedroom apartments and approximately 2,000 square feet of ground-floor retail space. It will also feature an array of amenities including a clubhouse with a full-service kitchen and game room, fitness center, business center and two outdoor courtyards. Manchester boasts low unemployment rates, high affordability and strong economic growth. This has translated into high occupancy and consistently strong rental growth. Major employers in the area include Oracle, TD Bank, New York Life and Southern New Hampshire University. Jones Street expects construction to be completed in the summer of 2024. About Jones Street Investment Partners: Jones Street Investment Partners is a privately held real estate investment management firm focused on multifamily investments located in the Northeast and Mid-Atlantic regions of the United States. Formed in 2014, the Boston-based firm is an opportunistic and disciplined value-based investor focused primarily on the management of long-term, cash-flowing investment strategies and drawing on the capabilities of affiliate Jones Street Residential for asset and property management. Aligning an institutional-quality investment and operational approach with the economic and strategic interests of its investors, Jones Street is a trusted source of investment opportunities for its capital partners. Jones Street’s portfolio consists of 4,389 apartment units with approximately $1.3 billion of current assets under management and $360 million of equity invested.

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CONSTRUCTION

EarlyBirds Facilitates Construction And Building Industry Transition to Net Zero

EarlyBirds | November 24, 2022

EarlyBirds.io, builders of the Open Innovation Ecosystem, is pleased to announce that they and their platform can assist with transitioning the building and construction industries to Net Zero carbon emissions, to effectively limit the impacts of climate change on the world. Currently, the construction industry is responsible, directly or indirectly, for nearly 40 percent of global CO2 emissions from fuel combustion and almost 25% of greenhouse gas emissions overall. Construction has an outsized impact on global warming because many of the common materials used in modern buildings, such as cement and steel, can be very energy intensive to produce. On top of that, there’s also the energy load of heating and cooling buildings which accounts for 6 percent of global emissions. Because the design of a building and the materials used to build it are an important factor in the amount of energy required to heat or cool that building, it is important for the construction industry to consider not just the impact of construction but also the impact building design will have on ongoing operating costs and energy use. Of course, transitioning buildings to Net Zero Carbon Emissions isn’t just about building new buildings, as new buildings are necessarily more energy resource intensive than existing buildings. The work of making buildings climate friendly will create opportunities to retrofit existing buildings as well as ensuring new construction generates minimal emissions. Increasing demand for sustainable retrofitting solutions for existing buildings will put pressure on manufacturers and installers of low emission building material and green building systems to track and improve their energy use. The first companies to move into green engineering and performance are likely to be big winners, and EarlyBirds wants to help companies in the construction and building space think about how to make their work more planet-friendly. Companies focused on adopting new technologies and integrating them into their work are known to EarlyBirds as Early Adopters. Such organizations can find information about how they can use EarlyBirds to find innovative technologies to reduce carbon emissions in their work here: https://earlybirds.io/en/early_adopter. With the building industry, including construction, materials, equipment and operations, expected to grow by 38 percent by 2030, many new value pools are being created and the competitive landscape is being reshaped. The World Economic Forum outlines that tackling the challenges in the construction industry, both in terms of building materials and in new construction industry, both in terms of building material used in new construction and improving energy efficiency of buildings in use, will be crucial to reach the goals of Paris Agreement. By changing the way our supply chains work and stimulating innovative public procurement, we can accelerate innovation, extend product lifecycles and significantly change the way we build for a circular and climate-neutral future. The United Nations Sustainable Development Goals encourage nations and businesses to adopt inclusive and sustainable industrialisation, together with innovation and infrastructure to unleash dynamic and competitive economic forces to generate employment and income. This includes promoting new technologies, facilitating international trade and enabling the efficient use of resources. EarlyBirds enables this innovation by connecting organizations with engineers, designers, and others who are creating the innovations needed to achieve net zero carbon emissions and reach the Sustainable Development Goals. By creating innovation maps of the construction and building industry ecosystem and linking these to net zero goals and the circular economy supplies a fundamental building block for planning projects towards greater sustainability. These maps can be created with EarlyBirds award winning platform and services. EarlyBirds innovation maps are populated with the innovators from across the world including startup, scaleup and mature companies. The maps are updated in near real time and change in accordance with emerging industry trends and issues. These are created using subject matter experts and drawing on data from over 4 million global innovators.

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Spotlight

MMC, which stands for Modern Methods of Construction, is a process which focuses on off-site construction techniques, such as mass production and factory assembly. SIG play a big part in assisting MMC companies like EES Modular in technical guidance around the products used for the building.

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