Press
CalFires has reported that there have been 543 fires this year in California. Wildfires are among the worst, most destructive types of fires. They continue to reshape the future of residential construction, particularly for luxury homeowners.
In luxury construction and post-wildfire rebuilds, precision and planning are everything. Building or restoring high-end homes comes with added layers of complexity—unique architectural designs, premium materials, strict zoning codes, and the emotional and logistical toll of recovering from disaster.
According to FCB, an average of 358,300 residential fires annually, resulting in 2,620 civilian deaths, 15,200 injuries, and $7.2 billion in property damage. Fire damage can be devastating, leaving homes and businesses in need of extensive repairs.
The global construction market is expected to reach $16614.18 billion in 2025 at a CAGR of 7%, according to BusinessWire. Selecting a dependable contractor is essential for high-end construction projects, especially in luxury commercial developments.
MSN recently reported that at least 24 people died in the California wildfires of 2025 and that tens of thousands of homes were destroyed as well. Disasters, whether natural or accidental, can leave significant destruction in their wake.
New home construction in the United States is projected to grow in the upcoming years reaching approximately 2.3 trillion U.S. dollars by 2028, according to Statista. Building a home is a major move, one of the most important investments you’ll make in your lifetime.
According to Keevee, the construction industry is experiencing steady growth, driven by urbanization and infrastructure development. The global construction market is worth $14.4 trillion this year.
According to Angi, 93% of homeowners plan to take on home projects in 2025. Some will opt for traditional homes while others will choose to spend more on a luxury home. Having a luxury home built is a monumental investment that will impact the finished outcome.
Colossal Properties, founded in Los Angeles, launches in Riyadh in Strategic Partnership with Prince Faisal Al Saud
Colossal Properties, a high-end luxury real estate construction and development firm founded in Los Angeles by Phillip Braunstein, is proud to announce its expansion into the Saudi Arabian market.
Colossal Properties Unveils Latest Luxury Residential Property Lists for $26M in Brentwood
$26M Brentwood listing to test LA luxe market’s “pent-up demand”
Your New Favorite White Burgundy Isn’t From France
Interior Designers Adapt to Digital Art
An L.A. Real Estate First: Houses Accept Buyers’ Bitcoin and Display NFT Art
$18 Million Los Angeles Mansion Features NFT Digital Art Displays
Architectural Showpiece with Rare NFT Art Collection in Los Angeles
Hip hook as Hollywood Hills mansion fetches $14.9M – The Real Deal | NFTRADIUS
Hip hook as Hollywood Hills mansion fetches $14.9M
This $18 Million Los Angeles Mansion Has One of the First Private NFT Art Galleries
$18 million mansion has floating driveway, Full NFT Art Gallery
