The Concord Group

Summer 2023 Newsletter

Explore our new website! In this newsletter edition, we are excited to announce the launch of our new website. It has a fresh new look and showcases some of our project photography. Also, take a look at our new Facility Condition Assessment demo to learn more about our digital FCA software.

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Move Over Spreadsheets! FCA Software is Revolutionizing the Industry

Facility Condition Assessments (FCA) are evolving into interactive, “living” digital software platforms that can be continuously updated over time, resulting in greater accuracy, enhanced usability, and better capital planning and decision-making.

A few issues ago, we introduced Facility Assessment Condition Toolset (FACTs), a digital and interactive dashboard specifically designed with you, the client, in mind. Since then, we have created a demo for an in-depth look into the dashboard, its features and how it’s used on-site, while providing real-time data to the client immediately.

Check out the video for a sneak peek of FACTs.

New Website Launch!

The Concord Group is excited to announce the launch of our new website! The new site has a fresh new look, showcased by our updated project photography. We welcome you to explore our new site utilizing the latest design trends!

Market Update and the AIA Billing Index Update

Current Market Trends

The latest Bureau of Labor Statistics figures show construction wages are on the increase on average, with most notable increases of 3-4% year over year in the larger metro areas of Cook County and Los Angeles County, topping the chart at 3.5% and 3.6%, respectively.

Material prices have stayed stubbornly high over the past 12 months, with year-on-year increases of 12% or more on cement, concrete products, gypsum building materials and electrical switchgear. Demand for construction services, labor availability/cost and continuing material price pressure are contributing to the increased cost of construction year over year. We expect this trend to continue at least through the end of 2023.


The AIA Billing Index continues the trend seen for the past six months of declining billings on average, with mixed practice and residential architects reporting a slight decline and commercial/industrial and institutional architects reporting a slight increase in billings. This indicates that there may be a slight downturn in the volume of projects making it to the drawing board over the next 12 months, which may slow the pace of new starts.

As we move into 2024, this decrease in the volume of projects will slowly bring some moderation to the construction market, which has been in a long cycle of increasing demand and costs over the last 30 months or so.

Image Credit: AIA

New Hires

Ryan Holden
Director, Business Development

Dustin McMillan
Cost Estimator I

Keith Jundanian
Senior Project Manager, Technical Services

Josh Myers
Project Manager


Zack Felden
Assistant Project Manager

Sean McCaffrey
Senior Project Manager

Vincent Rizzo
Assistant Project Manager

John Teppler
Senior Project Manager

Mitch Frank
Project Manager

Tiffany Pierce Evans
Project Executive

Phillip Rhodes
Project Manager

Bruce Wetzel
Director of Project Management

Significant New Projects

Cost Estimating

Beloit Health System

Chicago Union Station
Concourse Renovation

City of Chicago
Police Dept. Security Upgrades

City of Grand Rapids
Facilities Condition Assessment

Denison University
Burton Hall Conversion

Dublin, Ohio City Schools
Dublin Elementary and Hopewell Schools

Five Below
Prototype Store

General Services Administration
Multiple Projects

Milwaukee County
Multiple Projects Budgeting

Milwaukee Public Schools
Northside Community Center

Muskingum Watershed Conservancy District
Seneca Lake Amenity Center

North Lawndale
Multi-Family Affordable Housing

Olon Labs
Multiple Projects

O’Hare International Airport
– Terminal 3 Improvements
– Ring Tunnel Electrical Upgrades

Traverse City Airport
Passenger Boarding Bridges

University of Chicago
Multiple Projects Budgeting

Owner’s Representation

Brown County
Court House Security

City of Racine
Transit Facility

City of St. Francis
Hidden Ponds Project

Grandview Heights Schools
Track Replacement

Hayes Mix Use Project
Jackson, MI

Milwaukee County
– Domes Cost Analysis
– Secure Residential Care Center for Children and Youth

Service Contract Engagement

Facility Condition Assessments

Chicago Union Station
Concourse Renovation

Health First
Palm Bay



Washington, DC
New York, NY

Cost Segregation

Celtic Crossings Chicago

Loan Monitoring

Broadview Real Estate Partners
77 Beltway, Huntersville, NC

About Concord

Guiding you through the complexities of construction projects, one decision at a time.

Concord is a group of skilled engineers, owner’s representatives, project managers, cost estimators and technical construction advisors.

We offer a fully integrated suite of project management controls that mitigate risk throughout the lifecycle of a project or program, giving you the tools to make informed decisions to reduce risk, drive collaboration and streamline efficiencies across the entire project team.

From concept to creation, our development and construction consultants leverage technology and experience to deliver exceptional results on the most complex of projects.

Contact Us

Let’s successfully turn your vision into reality.

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