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AECOM lands $270M federal aviation contract
The Federal Aviation Administration awarded a 10-year contract to the Dallas-based firm to modernize various air traffic control towers across the country.
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As demand grows, Swinerton taps new mass timber lead
William Silva, a 15-year Swinerton veteran, will helm the contractor’s new center of excellence focused on the building material.
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Gilbane, DPS top out $614M New York NanoFab project
The milestone advances a $10 billion effort to bolster nanotech and semiconductor construction in the Empire State.
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Lilly to build $6B weight-loss drug factory in Alabama
This is the third of four planned U.S. manufacturing sites the pharmaceutical giant has unveiled this year, set to bring 450 factory jobs to the Huntsville area.
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Tutor Perini subsidiary stamps $35.8M USACE contract
Tutor Perini Management Services will build a 56,000-square-foot tool and die facility at the Iowa Army Ammunition Plant in Middleton.
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Fed’s rate cut boosts existing construction projects, more needed to spur new builds
The central bank’s 25-basis-point cut adds to a steady easing cycle, but contractors say it’s unlikely to stimulate a surge in new nonresidential construction starts.
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7 construction project milestones from November 2025
Contractors notched up progress on water, infrastructure and stadium projects.
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Construction job openings were ‘extraordinarily low’ in October
The latest federal data shows muted labor demand along with a sharp drop in hiring, according to an Associated Builders and Contractors analysis.
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Efficient buildings attract high prices, but agent knowledge is low: NAR
Hard costs like utilities and operations are a top buying and leasing consideration, but not all agents see value in promoting those, according to an August survey.
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AI nears ‘tipping point’ in construction as contractors pilot tech: survey
Beyond a noted optimism, however, over half of surveyed builders expressed concerns about data accuracy and security, per Dodge Construction Network.
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Garco lands $200M semiconductor expansion project
The job, which recently broke ground in Spokane Valley, Washington, will enlarge Solstice Advanced Materials’ production capacity by the end of 2029.
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Tariffs drive surge in construction project stress
As companies deplete their pre-Liberation Day stockpiles, rising construction costs are pushing owners and developers to cancel builds, according to ConstructConnect.
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Facing extreme rainfall and flooding, NYC is turning Brooklyn’s Prospect Park into a natural buffer
A $68 million Bluebelt system includes drainage upgrades, ponds and rain gardens designed to manage intensifying rainfall while easing pressure on the city’s aging sewer system.
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Alberici, JE Dunn land $300M Louisiana shipyard job
The project, which broke ground in November, will add more than 300,000 square feet for the production of autonomous ships.
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Opinion
Why strategy trumps process in pursuing construction bids
Most contractors have trusted go/no-go criteria. But looking at the bigger picture is also important for jobs that create new opportunities, a consultant writes.
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Battery Park City inks PLA for $1.7B NYC resiliency project
Turner Construction and SPC Construction have begun work on the city’s first progressive design-build project, according to a spokesperson.
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Inflation holds steady, bolstering case for Fed benchmark rate cut
Most Fed watchers and futures traders expect the Federal Reserve will trim the federal funds rate by a quarter point to a range of 3.5% to 3.75% on Dec. 10.
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Balfour Beatty touts growth despite US weakness
The U.K. construction market continues to propel the contractor even as its U.S. segment experiences difficulties, according to its end-of-year trading update.
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Construction planning falls again, but data center boom continues
Megaprojects are boosting the building pipeline as overall momentum dipped for a second consecutive month, according to Dodge Construction Network.
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$10B One Beverly Hills project goes vertical
Turner is overseeing overall construction in the ultralux mixed-use development, while Layton and Suffolk build its two residential towers and PCL leads construction on its Aman Hotel.
Updated Dec. 9, 2025 -
H-1B visa applicants will now have their social media scrutinized
The move is the latest measure from President Donald Trump’s administration to make the immigration process more stringent.
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NYC pegs $7B in work to new project labor agreements
City officials say the framework, which comes amid scrutiny of PLAs at the federal level, strengthens safety and overall construction workforce development efforts.
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Companies cut 32,000 from payrolls as Fed debates trimming main rate: ADP
Futures traders have increased the odds that the Federal Reserve on Dec. 10 will cut borrowing costs to 89% from 83.4.% last week.
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McCarthy leverages logistics, prefab on St. Louis hospital tower
Prefabrication elements played a major role in the delivery of the 16-story, 660,000-square-foot Plaza West Tower.
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Opinion
Has your construction firm hit a revenue ceiling? You might be the problem.
When growth stalls in a building business, sometimes an owner’s best move is to get out of the way, writes a construction consultant.