Business Toolbox: When should contractors say no to new business?

Construction companies are often reluctant to turn down work, but seasoned contractors and accountants say there are some good reasons to walk away.

By Kim Slowey • Aug. 16, 2018

Costs to rebuild Portland, Oregon, schools approach $1B

The cost estimate is $190 million more than voters approved last year, which the former interim superintendent partially attributes to President Donald Trump's tariffs and the local building boom.

By Kim Slowey • Aug. 15, 2018

Explore the Trendline➔

Data center construction

New projects from customers like Meta, Google and Amazon make this a burgeoning sector for contractors.

By Construction Dive staff

Guam amid U.S. military-driven $8.7B construction boom

When the approximately 60 projects are complete, around 4,100 U.S. Marines based in Japan will be able to relocate to the U.S. island territory.

By Kim Slowey • Aug. 14, 2018

Jacobs to oversee $410M Omaha school construction program

Board members unanimously approved a consent agenda recommending the project management firm over finalists Skanska USA and Project Control.

By Kim Slowey • Aug. 14, 2018

Women hit jackpot on $2.5B Massachusetts casino project

As a condition of their casino license, developers must target the underemployed and minority-, women- and veteran-owned businesses.

By Kim Slowey • Aug. 14, 2018

Adaptive reuse proposed as separate property category

With an official definition, real estate orginization CCIM Institute said the industry can measure investment in the sector and use those figures to encourage development.

By Kim Slowey • Aug. 14, 2018

Construction trumps other Massachusetts industries in opioids deaths

The state's construction and extraction workers are six times as likely to die from opioid use as those in other industries.

By Kim Slowey • Aug. 14, 2018

Tariffs, design changes drive Seattle's KeyArena to $700M

Developer Oak View Group, which named Skanska-AECOM Hunt general contractor, said including locker rooms and storage was one factor hiking costs.

By Kim Slowey • Aug. 14, 2018

Dodge: 2018 so far a mixed bag for commercial, multifamily starts

A robust multifamily market, which balanced an almost equal downturn on the commercial side, helped prop up overall starts in the first six months of 2018.

By Kim Slowey • Aug. 13, 2018

AECOM hit record $5B revenue, earned $61M in Q3

Despite the sales boost, the construction giant's income was down nearly 40% from the prior year's third quarter. An executive said the firm is trying to narrow its focus rather than "being all things to all people."

By Laurie Cowin • Aug. 10, 2018

AIA predicts nonresidential spending growth through 2019

The Consensus Construction Forecast Panel said spending in the commercial/industrial sector will outpace institutional outlays by 2.2% in 2018, but that institutional will take the lead in 2019.

By Kim Slowey • Aug. 10, 2018

Jacobs posts strong Q3, touts last year's acquisition of CH2M Hill

The December absorption, which chairman Steven Demetriou said is surpassing expectations, has been a factor in the engineering-focused construction firm's year-over-year revenue gains of 65%.

By Laurie Cowin • Aug. 9, 2018

Army Corps of Engineers credited for saving vets hospital

A state official said the agency's construction management turned around the delay-ridden, budget-busting $1.7 billion Department of Veterans Affairs hospital in Aurora, Colorado. 

By Kim Slowey • Aug. 8, 2018

Industry could be overspending $177B per year, study finds

Low adoption of technology, among other factors, has managers wasting up to 14 hours weekly, or 35% of their time, on non-optimal tasks, according to a PlanGrid/FMI Corp. report.

By Kathleen Brown • Aug. 7, 2018

NYC's hotel building process long, but could get longer

The permitting process alone takes 56% longer for hotels than it does for other types of buildings in the Big Apple and a new law may extend it even more.

By Kim Slowey • Aug. 7, 2018

St. Louis sees a $750M hotel construction boom

The growth is being driven by demand from the city's burgeoning tech industry and a desire to draw in more convention business.

By Kim Slowey • Aug. 6, 2018

CDC, OSHA: Heat stress risk starts at 85 degrees Fahrenheit

The Centers for Disease Control suggested that employers start screening workers for heat stress when the heat index reaches 85 F rather than the 91 F OSHA currently recommends.

By Kim Slowey • Aug. 3, 2018

First phase of $3.6B Salt Lake City airport redevelopment hits halfway mark

The Salt Lake City International Airport project is the largest construction undertaking in Utah history.

By Kim Slowey • Aug. 3, 2018

Omaha beats other US metros in hotel growth

The Nebraska city's number of rooms has increased 16% in the last five years, exceeding the nation overall by nine points.

By Kim Slowey • Aug. 3, 2018

Messer Construction wins $144M Nashville airport design-build contract

Messer's terminal parking garage and airport administrative office building represent one contract in a broader $1.2 billion expansion.

By Kim Slowey • Aug. 2, 2018

Change order amid delays prompts termination threats for Canadian hospital contractor

Alberta officials gave Graham Construction 15 days to get the beleaguered CA$763 million Grande Prairie Regional Hospital project back on track.

By Kim Slowey • Aug. 2, 2018

How AI can drive the most value for construction

Despite the industry's reluctance toward artificial intelligence, experts said it can help companies expedite early processes, create the best plans for a given project and identify if a project is going awry.

By Laurie Cowin • Aug. 1, 2018

Crystal lagoon plans for $1B Texas development dry up

Bayside developers said the much-anticipated man-made lagoon was not compatible with the goal of filling almost 2 million square feet of office space.

By Kim Slowey • Aug. 1, 2018

Houston-area schools consider $1.4B construction program

A proposed bond program includes provisions for new construction as well as necessary repairs, replacements and building lifecycle needs.

By Kim Slowey • July 31, 2018

Dodge: High-rise construction ebbs, flows with economy

From 2013 through 2017, only 10 cities saw 50 or more 10-story-plus buildings break ground, with New York City leading and Miami at a distant second. 

By Kim Slowey • July 31, 2018