This innovative construction technique enables developers to pre-fab a hotel in several months instead of several years, say panelists at CREW Network and Marketplace Convention, and will continue to gain popularity in the coming years.

The retail town center will serve as the shopping and dining core for the long-anticipated Park Center, an ambitious mixed-use development project in Research Triangle Park that will include more than 1,000 residential units, a hotel, a conference center and more than 1 million square feet of office space.

Five of the top 10 markets for commercial and multifamily construction starts showed increased activity compared to the same period last year.