Infrastructure Project Data: Your Key to More Business
Understanding the Essence of Infrastructure
BuildCentral is launching a new planned construction data product, Infrastructure+. Best for project leads and site selection, Infrastructure+ gets construction professionals the key project details, construction schedules, and decision-maker contact information they need to win more business. Whether you’re in commercial real estate (CRE), an engineer or contractor or a manufacturer or supplier, Infrastructure+ has the data and analytics tools you need to get and stay ahead of competition. With that in mind, let’s get into the value of the data and what comes in an Infrastructure+ project report.
Infrastructure Builds, Connects and Grows Communities
Infrastructure, the backbone of societal progress, extends far beyond the bricks and mortar of construction. While construction primarily deals with erecting physical structures, infrastructure encompasses a broader spectrum, dividing into horizontal elements like transportation networks and utilities and vertical components, including roadways and structures. This distinction marks the crux of our exploration into the world of data-driven insights that fuel economic growth and development.
Infrastructure, often the silent architect of economic landscapes, shapes the destiny of communities and nations. As we navigate through the intricate web of development, it’s crucial to recognize how infrastructure acts as both a precursor and an engine for economic prosperity. Our Infrastructure Bill blog serves as a testament to the contemporary significance of infrastructure in steering local and national economies toward a trajectory of growth.
Infrastructure does more than merely facilitate the movement of people and goods; it contributes to the formation of robust and modern communities. Picture the impact of well-maintained roads on daily commutes, the accessibility of utilities ensuring a high quality of life and efficient waste management systems fostering cleanliness. These seemingly innocuous elements collectively elevate communities, fostering an environment where individuals thrive and businesses flourish.
Regarding the rural state of the economy, rural infrastructure augments rural communities, but it also plays a role in enabling more sustainable agriculture practices and products. According to this article, improving rural infrastructure enables the promotion of resource-conserving agriculture and enhances environmental performance, especially for those paying high production costs. Another article states: “From the macro level, rural infrastructure construction mainly has an impact on the rural economy by promoting non-agricultural employment (Qin et al., 2022), enhancing urban-rural integration, and ensuring the rural ecological environment.”
Economies need both public and private investments in infrastructure to open new businesses and create more jobs. As this article points out: “Whereas private infrastructure investment is positively and significantly associated with the creation of businesses and jobs, public infrastructure investments are associated with the destruction of businesses and jobs. These results point to private infrastructure investment serving primarily an entrepreneurial enabler role and public infrastructure investment an entrepreneurial disabler role.” The article also says this: “The opening of a new establishment results in the creation of jobs that did not previously exist. Similarly, the closing of an establishment results in the permanent loss of jobs.”
Studying Planned Infrastructure Projects: Impacts and Insights
Examples of Infrastructure Projects Driving Construction and Development
In our Infrastructure Bill Blog, we touched on the different infrastructure categories the $1.2 trillion included in the Bill will go to. One such project funded by the Bill is the 22nd Street Revitalization Project in Tucson, AZ. will replace an existing 1960s-era bridge in poor condition with a new bridge over the Union Pacific Railroad and State Route 210.
Here are some infrastructure projects we’re tracking on our platform:
Examples of Infrastructure Projects Driving Construction and Development
In our Infrastructure Bill Blog, we touched on the different infrastructure categories the $1.2 trillion included in the Bill will go to. One such project funded by the Bill is the 22nd Street Revitalization Project in Tucson, AZ. will replace an existing 1960s-era bridge in poor condition with a new bridge over the Union Pacific Railroad and State Route 210.
Beyond decision-maker contact information, here’s what comes in typical Infrastructure+ project reports:
Otsego, Minnesota: MnDOT MnROAD Addition and Renovation |
| Category: | Highway Street, New Road, Road, Road Repair/Replace | ||
| Request Type: | Construction | ||
| Estimated Value: | $1091.2 million | ||
| Prequalification Required: | No | ||
| Document Fee: | $6.00 |
| Location: | Otsego, MN 55301. 9011 77th St NE |
| Received By: | LOGIN or SIGN UP to access |
| Prebid Meeting Info: | LOGIN or SIGN UP to access |
| Details: |
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These are only 3 examples of the projects and data we have available for you on Infrastructure+. With our platform, you can find all the details you need for infrastructure projects:
- Location Analytics
- Project Value
- Plans & Specs
- Bidding Info
- Contact Data
- Important Dates
- And More
With all of this information, you can get and stay informed about planned infrastructure projects in your company’s operating space. See where and when these projects are happening, when they’ll be finished and how it will affect local businesses.
Infrastructure as an Indicator of Future Economic Activity
The Potential of Informed Financial Decisions
Infrastructure, with its expansive reach, serves as a harbinger of economic activities yet to unfold. Studying infrastructure trends provides a unique vantage point for making informed financial decisions. A new road may signify more than a mere pathway; it can be a precursor to new businesses, revitalization of commercial zones and the potential for lucrative investments. The foresight gained from understanding these indicators empowers you to navigate economic landscapes with precision.
The Bureau of Transportation Statistics reports that 11% of rural roads and 32.1% of urban roads were in unsatisfactory condition in 2020. At some point, these roads will have to be rehabilitated, and local businesses will be affected. If you’re a contractor, supplier or engineer, this could bring you business. If you’re a developer, it’s important for you to know the impact to local roads and businesses. Without the right data, you’re in the dark.
Infrastructure Data’s Importance for Different Construction Professionals
Manufacturers and Suppliers
For manufacturers and suppliers of building equipment, materials and products used in infrastructure projects, staying abreast of infrastructure data is crucial. Understanding upcoming projects allows you to align production schedules, optimize inventory levels and tailor your offerings to meet the specific needs of forthcoming developments. By leveraging infrastructure data, manufacturers and suppliers can position themselves as strategic partners, providing essential resources precisely when and where they are needed most.
Engineers, Contractors & Subcontractors
Engineers, contractors and subcontractors are the architects and builders tasked with bringing infrastructure projects to fruition. For these professionals, access to accurate and timely infrastructure data is paramount. It enables you to assess project feasibility, develop cost estimates and identify potential challenges or opportunities early in the planning process. By leveraging infrastructure data, engineering and construction firms can streamline project execution, minimize risks and deliver high-quality outcomes that meet the needs of your clients and communities.
Commercial Real Estate (CRE) Developers
Commercial real estate developers play a pivotal role in shaping the built environment, from office towers and retail centers to residential communities and industrial parks. For CRE developers, infrastructure data serve as critical inputs in site selection, investment decision-making and project planning. By analyzing infrastructure trends and planned projects, developers can identify emerging growth corridors, assess market demand and capitalize on opportunities to create vibrant, mixed-use developments that attract tenants and drive value.
Introducing BuildCentral’s Infrastructure+: Your Comprehensive Infrastructure Solution
We’re tracking over 6,300 planned and under construction infrastructure projects in the US
In addition to understanding the fundamental importance of infrastructure data, it’s vital to recognize the tools available to harness its potential fully. One such tool is BuildCentral’s Infrastructure+, our robust platform designed to streamline the process of accessing and analyzing infrastructure projects.
Infrastructure+: Revolutionizing Infrastructure Project Management
BuildCentral’s Infrastructure+ platform offers a comprehensive solution tailored specifically for non-building horizontal infrastructure projects. Unlike traditional project management tools, Infrastructure+ goes beyond basic project listings, providing a wealth of valuable information to stakeholders across various industries.
Key Features and Benefits of Infrastructure+
Infrastructure+ is the latest in a line of vertical-specific planned construction data products from BuildCentral. While our other products for lead generation and site selection target energy & mining, hotel, medical, residential and retail developments, Infrastructure+ tracks construction for the transportation, sewage & water, airport/air travel, telecommunications, electrical and internet infrastructure that connects them all.
Comprehensive Project Reports
We pack Infrastructure+ project reports full of actionable data, from location, value and construction schedules to company contacts’ roles and information. Plus, we get there early so that you can be first to the right opportunity. Our team of 100+ researchers collects and verifies our tens of thousands of automated sources to get you leads at the proposal and planning stages through project completion.
All projects can be viewed on our GEOSPEX map. Our map helps you analyze construction data for planned, existing and recently completed developments that impact your projects of interest. The map also overlays political and geographic boundaries to identify locales that match your requirements. Part of any project is figuring out whom it serves. We offer demographic data for any selected jurisdiction to inform your research.
Plans and Specifications Access
With Infrastructure+, you gain access to plans and specifications for most projects, eliminating the need for tedious manual searches and requests. This streamlined access saves valuable time and ensures you have the information you need at your fingertips in one easy-to-use place.
Company Reports
Infrastructure+ Company Reports give you everything needed not just to identify companies and projects of interest, but also to get in contact for a particular job.
Take advantage of decision-maker contact information, company relationships that uncover firms’ working partnerships and company construction activity analysis. Analyze any firm’s project portfolio with activity breakdowns by construction type and stage, location data, and company roles for each project. Find complete lists of company-associated contacts with roles, projects and contact information.
Notification and Alert System
Infrastructure+ features a notification and alert system that keeps you informed about new projects, early planning opportunities and project status updates. This proactive approach enables you to stay ahead of the curve, track projects of interest and seize opportunities as they arise. You decide what kind of projects we alert you of and the frequency of messages.
Additionally, our saved searches feature allows you to search for projects within your parameters and save the search to alerts when relevant projects are added or updated in Infrastructure+. Gone are the days of missing important projects.
Unlocking the Full Potential of Infrastructure Data with Infrastructure+
As you’ve seen, BuildCentral’s Infrastructure+ offers a transformative solution for managing infrastructure projects with unparalleled efficiency and effectiveness. By centralizing project data, providing access to plans and specifications, and leveraging a dedicated research team, empowers stakeholders to make informed decisions and capitalize on opportunities in the ever-evolving landscape of infrastructure development.
From our mapping features to location analytics and full project reports, our platform can help you find the upcoming infrastructure projects and valuable data for your business.
Users rely on Infrastructure+ from BuildCentral for their project leads and site selection processes, thereby connecting people and businesses who will in turn create and fill future construction jobs. Get started with a demo to see how Infrastructure+ can work for you.
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