Commercial Building

  • the Kraft Group Office Building
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    Permission granted by SGA Architects

    Office addition at Gillette Stadium on track for October

    The project at the home of the New England Patriots is the first phase of a new, multipurpose building.

    By • Aug. 12, 2022
  • Aerial view with Lower Manhattan skyline at sunset
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    Ultima_Gaina via Getty Images

    NYC construction activity still up for the year, but slumps in Q2

    While higher than 2021, Q2's filings were 16% lower than the average since 2008, according to a new report.

    By • Aug. 10, 2022
  • AGC image library construction worker with steel Explore the Trendline➔
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    Permission granted by Associated General Contractors of America
    Trendline

    Labor

    A roundup of articles about issues affecting the workforce.

    By Construction Dive staff
  • The Statue of Liberty from its right side at dusk, with New York's skyline as a backdrop.
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    Drew Angerer via Getty Images

    3 US cities with the biggest increases in construction costs

    In a recent report, Rider Levett Bucknall called attention to the workforce shortage construction faces and highlighted the need for new workers.

    By • Aug. 10, 2022
  • A traffic sign indicates reduced speed ahead.
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    iStock via Getty Images

    ‘Tougher times ahead’ for construction as July backlogs fall

    As new work and profit expectations decline, ABC’s Anirban Basu said construction activity clearly “has begun to fade.”

    By • Aug. 9, 2022
  • A rendering shows the $2.3 billion mixed-use development in Henrico County, Virginia
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    Courtesy of GreenCity

    $2.3B GreenCity to break ground in 2023 near Richmond, Virginia

    The "eco district" development includes cross-laminated timber and solar power to minimize environmental impacts.

    By • Aug. 9, 2022
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    400tmax via Getty Images

    AECOM raises guidance amid higher profits, lower revenue

    Backlog at the 10th largest U.S. contractor increased by 3.5% to $41.1 billion, but COVID-19 in China and industry staffing shortages remain as challenges.

    By • Aug. 9, 2022
  • Photo shows a midscale LNG plant installed on three fixed jacket offshore platforms.
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    Permission granted by Fluor

    Fluor misses on estimates, trims guidance

    The Irving, Texas-based company reported an 11% revenue decrease and narrowed its high-end guidance.

    By • Aug. 5, 2022
  • A major construction site in downtown San Diego.
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    Courtesy of Turner Construction

    July’s job gains ‘shockingly’ strong as construction adds 32K positions

    The news wasn’t all good, though, as it gave the Fed more reason to keep raising interest rates.

    By • Aug. 5, 2022
  • A field of solar panels that dominate the foreground and the background. In the background, they are slanted at angles.
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    Courtesy of PCL Construction

    PCL Construction’s solar division has its eye on the sky

    The company’s solar work is thriving, and an executive said it will be a large part of its strategy going forward.

    By • Aug. 5, 2022
  • supermarket warehouse with rack, shelf storage carton, box, cardboard box and tin
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    Edwin Tan via Getty Images
    Q&A

    Where manufacturing grows, warehouse demand follows: CBRE exec

    Construction Dive talks with James Breeze, senior director at CBRE, about why warehouse demand will increase because of onshoring, and the Middle America markets that will benefit from new construction.

    By • Aug. 5, 2022
  • Wall Street
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    Spencer Platt via Getty Images

    Tutor Perini posts wide-ranging loss, pulls guidance for 2022

    The Los Angeles-based contractor blamed reduced project execution, COVID-19 impacts and a reversal of previously awarded legal damages for its results, which came in far below analysts’ expectations. 

    By • Updated Aug. 5, 2022
  • The silver hernando de soto bridge spans a river.
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    The image by Trevor Birchett is licensed under CC BY-SA 4.0

    Industry groups hit the road to promote engineering, public works careers

    The campaign will spotlight the need for workers to help address the country’s pressing infrastructure challenges.

    By • Aug. 4, 2022
  • A rendering of the Intuit Dome basketball arena in Los Angeles.
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    Courtesy of Los Angeles Clippers

    AECOM-Hunt Turner tops out concrete frame at $2B Intuit Dome

    The future home of the Los Angeles Clippers went from concrete foundation to its top deck pour in just six months.

    By • Aug. 4, 2022
  • A series of windows and balconies on an apartment building.
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    Chunyip Wong via Getty Images

    Freddie Mac expects multifamily contraction through the end of 2022

    Macroeconomic headwinds include inflation and rising Treasury rates.

    By Mary Salmonsen • Aug. 4, 2022
  • Speaker of the House Nancy Pelosi (D-CA), alongside House Democrats, holds up the CHIPS For America Act during a bill enrollment ceremony outside the U.S. Capitol July 29, 2022 in Washington, DC.
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    Drew Angerer / Staff via Getty Images

    $52B CHIPS Act a boon for construction, but challenges remain

    Labor shortages, security clearances and the funding timeline still need to be addressed, experts say.

    By • Aug. 3, 2022
  • A front shot of a building with large windows in a scenic sunset background.
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    Permission granted by Nordic Structures
    Q&A

    Code updates, sustainability spur mass timber’s US adoption

    Nordic Structures’ David Croteau said demand for CLT is growing as companies like Google, Microsoft and Facebook seek to reduce their carbon footprints.

    By • Aug. 3, 2022
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    Sean Gallup via Getty Images

    Construction job openings plunged by 71,000 in June

    Vacancies in the industry fell 17.5% as the debate over whether the U.S. is in a recession rages on.

    By • Aug. 3, 2022
  • A shot from an upper floor into an open area of a hospital, with couches on the bottom, and open areas that look into the upper levels.
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    Permission granted by Messer Construction Co.
    Q&A

    Messer COO: ‘Be really good at the job you have’

    Steve Bestard, the new COO of Messer Construction, riffed on his long career with the company and how to climb the ranks in construction.

    By • Aug. 3, 2022
  • Aerial photograph of Johnson Space Center
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    Permission granted by NASA

    Jacobs reports higher profits, more backlog but forecasts weak fourth quarter

    The Dallas-based technical, professional and construction services firm beat both earnings and revenue estimates, but lowered its guidance for Q4.

    By • Aug. 2, 2022
  • Construction worker working onsite
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    Permission granted by James Kim Photography + PC Construction

    Did the US just sink into a recession?

    Two consecutive quarters of economic contraction commonly defines a recession, but a construction economist sees growth ahead.

    By • Aug. 2, 2022
  • A rendering of 30 Van Ness in San Francisco.
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    Permission granted by Lendlease/Rendering by Steelblue

    Lendlease breaks ground on $1.15B San Francisco tower

    The mixed-use 30 Van Ness project represents the firm’s largest investment ever in North America.

    By , • Aug. 1, 2022
  • A green semiconductor with paths created that allow it to be used in technology.
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    Justin Sullivan via Getty Images

    CHIPS Act passes House, secures $52B for semiconductor industry

    Several massive manufacturing-related construction projects are depending on the act in order to move forward.

    By , • July 28, 2022
  • Two construction workers in reflective vests and blue hard hats stand on scaffolding.
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    Scott Barbour via Getty Images

    Top 10 US metros for construction starts

    The value of the commercial and multifamily sectors rose in top metro areas in the first half of 2022, per a new report.

    By • July 28, 2022
  • The 275,000-square-foot facility in Phoenix will accommodate about 500,000 veteran patient visits each year.
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    Permission granted by Hoefer Welker

    Jacobsen Construction completes one of country’s largest veteran care facilities

    The 275,000-square-foot Department of Veterans Affairs facility in Phoenix opened its doors June 27, and will provide care for up to 500,000 patient visits each year.

    By • July 28, 2022
  • $100 bills fan out on top of each other.
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    breeze393/iStock via Getty Images

    Fed hikes interest rate again in bid to tamp down runaway inflation

    The second consecutive 75-point hike follows “worse than expected” June results, with Chairman Jerome Powell stating a strong labor market still belies a current recession.

    By Grace Noto • July 28, 2022