Labor Relations Services

The AFL-CIO Investment Trust Corporation offers developers and contractors special labor relations services that help them successfully meet the union labor requirements for BIT-financed projects.  The knowledgeable labor relations staff of the ITC works closely with developers and contractors to foster partnerships with local labor organizations and ensure a harmonious and economically sound venture.  The labor relations staff is also available to:

  • Assist in identification of qualified general contractors or construction managers;
  • Provide in-depth assistance on labor relations issues by working with local Building and Construction Trades Councils and union representatives;
  • Evaluate cost considerations in order to structure projects within budget;
  • Access union-sponsored apprenticeship training, as well as assist more experienced workers with skill enhancement; and
  • Facilitate compliance with local regulations regarding hiring requirements by working closely with contractor and unions.

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BIT News

BIT Celebrates Groundbreaking at Ritchie Station Marketplace Construction begins on the 1-million square feet retail development project.
Seattle Urban Development Project Generates Union Jobs BIT financing generates jobs for an estimated 560 union construction workers.
3rd Quarter '09 Dispositions Generate $47 Million in Proceeds The BIT continues to successfully dispose of assets.

Commercial Real-Estate News

GSA Picks Trump Plan for Project A proposal from Trump Hotel Collection and private-equity investor Colony Capital was selected by the General Services Administration to redevelop Washington's Old Post Office Building into a luxury hotel.
Wed, 08 Feb 2012 10:13:18 EST

Cambodia's Developers Aim at Stars A high-rise building boom in Cambodia's capital city, Phnom Penh, derailed by the 2008-2009 financial crisis, is starting up again.
Wed, 08 Feb 2012 11:38:45 EST