Commercial Building
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Project Milestones
Phoenix GC Haydon breaks ground on $275M retail hub
The contractor will deploy advanced tech such as BIM and drones to build the 500,000-square-foot project.
By Sebastian Obando • Dec. 6, 2024 -
Project Wins
Meta taps Turner, DPR, Mortenson for $10B data center
The facility in Louisiana’s Richland Parish will span more than 4 million square feet and ranks as the tech giant’s largest AI investment to date.
By Sebastian Obando • Dec. 4, 2024 -
Trendline
Recruiting, retention and training in construction
A roundup on articles focus on recruiting and retention for construction.
By Construction Dive staff -
Economic Reports
Nonresidential spending slips, but contractors expect rebound
Construction pros anticipate that sales will increase in the months ahead, according to Associated Builders and Contractors.
By Sebastian Obando • Dec. 3, 2024 -
e-Storage subsidiary to build $712M plant in Kentucky
Shelbyville Battery Manufacturing is establishing a cell, module and packaging facility and is set to begin production in 2025.
By Sara Samora • Dec. 2, 2024 -
November 2024 wins: Contractors report their latest awards
Construction Dive rounds up the newest project wins from some of the country's biggest builders including Skanska, Turner and Balfour Beatty.
By Construction Dive Staff • Nov. 27, 2024 -
Apartment completions jump 61% YOY
Starts dropped 12% year over year as new multifamily development continues to cool.
By Leslie Shaver • Nov. 27, 2024 -
California builder launches contech investment arm
Webcor Ventures, an offshoot of the San Francisco-based contractor, made its inaugural investment in modular construction firm R2 Building.
By Matthew Thibault • Nov. 26, 2024 -
NYC plans $1B buildout via project labor agreements
The $270 million Willets Point redevelopment, part of an initiative that includes the city’s first soccer-specific stadium, could pave the way for an additional $50 billion in projects.
By Sebastian Obando • Nov. 26, 2024 -
Skanska creates mid-Atlantic division, taps local exec to helm
The new region will encompass four markets — Washington, D.C., Maryland, Virginia and North Carolina — and will build on existing offices in the area.
By Matthew Thibault • Nov. 25, 2024 -
Rays’ $1.3B stadium project timeline in jeopardy, say team presidents
After Hurricane Milton caused a delay in funding approval, the MLB team’s leaders said the new ballpark’s 2028 schedule is not viable.
By Zachary Phillips • Nov. 22, 2024 -
Q&A
Persistence pays off for president of NY excavation firm
Stacey Tompkins helped grow her family’s landscaping company into a sought-after MWBE contractor with $12 million in annual revenue.
By Jennifer Goodman • Nov. 21, 2024 -
Microporous to build $1.4B Virginia battery separator plant
The company is set to receive up to $100 million in federal funds for the Danville facility.
By Sara Samora • Nov. 20, 2024 -
Pittsburgh to gain 2 entertainment projects worth more than $800M
The $740 million riverside development and $64 million concert venue will bring new leisure, retail and housing options to the Steel City.
By Matthew Thibault • Nov. 20, 2024 -
Tampa Bay Rays’ stadium roof repair could reportedly cost $55.7M
Tropicana Field’s roof was destroyed last month when Hurricane Milton hit St. Petersburg, Florida.
By Zachary Phillips • Nov. 19, 2024 -
Data center boom fuels demand for nuclear projects
A shift in how tech companies like Google and Amazon meet their energy needs is creating opportunities for construction firms equipped to handle atomic power work.
By Sebastian Obando • Nov. 19, 2024 -
Turner targets advanced tech builds in leadership revamp
With 40% of its revenues set to come from data centers, chip fabs and similar projects, the country’s biggest contractor is making moves to stay ahead of its growth.
By Joe Bousquin • Nov. 18, 2024 -
Project Milestones
McCarthy-Vaughn JV starts $5B Dallas pediatric health campus
The new hospital complex aims to meet the needs of a booming North Texas population.
By Julie Strupp • Nov. 15, 2024 -
WSP leaders rosy on US work post election
The Canadian megacontractor reported higher revenue, profits and backlog in its third quarter, with plans for more acquisitions on the horizon.
By Julie Strupp • Nov. 12, 2024 -
Economic Reports
Planning activity cools, data center surge moderates
Several nonresidential sectors contributed to October’s decline, according to Dodge Construction Network.
By Sebastian Obando • Nov. 12, 2024 -
Fluor profits fall; data center and nuclear work offer upside
Project cancellations and delayed timing impacted the firm’s third quarter results, CFO Joe Brennan said during an earnings call last week.
By Sebastian Obando • Nov. 8, 2024 -
Project Wins
Turner wins $2B Ohio data center job
The New York City-based contractor expects the first building to open in 2025.
By Sebastian Obando • Nov. 8, 2024 -
Fed’s second rate cut this year raises hopes for commercial construction
The central bank aims to foster a more supportive lending environment, an encouraging sign for building activity.
By Sebastian Obando • Nov. 7, 2024 -
Election 2024
Trump win elicits optimism, concern among contractors
Though construction employer groups mostly praised the outcome, labor associations are troubled about a second Trump term.
By Sebastian Obando • Nov. 7, 2024 -
Project Wins
Skanska nabs $435M Florida hospital, medical office job
Utility work has begun on the 560,000-square-foot project for Lee Health in Fort Myers.
By Zachary Phillips • Nov. 6, 2024 -
Project Milestones
Whiting-Turner, Mahogany start $540M rural Maryland hospital project
The Baltimore-based contractors expect to finish the six-story facility by the summer of 2028.
By Sebastian Obando • Nov. 5, 2024