Commercial Building: Page 20
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Supply chain headaches persist 4 years into pandemic
As the fourth anniversary of COVID-19’s arrival in the U.S. nears, contractors are still dealing with challenges around materials pricing and availability.
By Shefali Kapadia • Feb. 29, 2024 -
Wells Fargo CFO calls commercial real estate a ‘long movie’
The office market is under the most pressure, the bank’s finance chief Michael Santomassimo said on Monday.
By Maura Webber Sadovi • Feb. 28, 2024 -
Explore the Trendline➔
vitranc via Getty ImagesTrendlinePreconstruction
Careful collaboration before shovels hit dirt is key to a successful project, experts say.
By Construction Dive staff -
Q&A
Virginia pioneers adoption of offsite construction code
Ryan Colker, vice president of innovation for the International Code Council, told Construction Dive what the update will mean for builders in the region and beyond.
By Zachary Phillips • Feb. 27, 2024 -
Screening can wrongly eliminate potential tradesworkers
The recruiting process that works for office jobs isn’t always effective when looking for construction labor, experts say.
By Jen A. Miller • Feb. 27, 2024 -
Regional Report
Tampa’s sunny construction market has builders feeling good
Contractors in Tampa — a big city with a small town feel — reap the benefits of one of the fastest-growing metros in the U.S.
By Matthew Thibault • Feb. 27, 2024 -
Skanska begins World Cup upgrades on MetLife Stadium
The contractor will replace seats at the East Rutherford, New Jersey, stadium in order to accommodate eight soccer matches at the international FIFA tournament in 2026.
By Zachary Phillips • Feb. 27, 2024 -
Project Wins
McCarthy/Vaughn JV tapped for $5B Dallas hospital build
The new complex will have 552 beds in what the owners claim will be one of the largest pediatric hospital campuses in the country.
By Matthew Thibault • Feb. 26, 2024 -
$30M boutique hotel underway in Atlanta suburb
The Chambray Hotel, a JdV by Hyatt property, joins the long list of hospitality projects in development in the rapidly expanding metropolitan area.
By Jenna Graber • Feb. 26, 2024 -
Sponsored by American Global
The global landscape of the construction industry and performance guarantees
A brief look at challenges, changes and opportunity within the current global construction landscape
By Ricardo Davila, President-International, American Global • Feb. 26, 2024 -
Economic Reports
Construction starts flatline even as manufacturing accelerates
Expected interest rate cuts in the second half of 2024 should spur more groundbreakings as the year progresses, according to Dodge.
By Sebastian Obando • Feb. 23, 2024 -
Granite posts profit for 2023, earns $26M in Q4
The California-based road builder’s pivot to small jobs is paying off, but charges from outstanding legacy projects left a blot on its quarterly results.
By Joe Bousquin • Feb. 23, 2024 -
5 of the largest US office conversions underway
Over 55,000 residential units are in the pipeline, concentrated in major metros.
By Mary Salmonsen • Feb. 23, 2024 -
Q&A
Biology background shapes Jacobs exec’s approach to construction
Chrissy Thom leads the contractor’s Americas East division in developing advanced AI products, digital twins, new commercial models and other innovative solutions.
By Jennifer Goodman • Feb. 22, 2024 -
Opinion
Construction fire safety at ‘major crossroads,’ industry expert says
New collaborative and digital-led solutions are needed to meet contractors’ fire prevention needs, according to a fire investigator.
By John Heinen • Feb. 22, 2024 -
Appeals court resets independent contractor fight as new rule looms
The Labor Department will get a second chance to defend its withdrawal of a Trump-era rule.
By Kate Tornone • Feb. 22, 2024 -
Project Wins
Lego selects JV for $1B Virginia facility
Gray Construction and Hourigan will deliver the toy company’s new U.S. project, seeking a production date of 2027.
By Zachary Phillips • Feb. 22, 2024 -
9 of the top contech deals of 2023
Autonomous drone technology, metal reclamation and modular construction topped the list of the biggest contech funding rounds last year.
By Matthew Thibault • Feb. 21, 2024 -
Q&A
Detroit GC Walbridge confident in EV plant construction boost
Executive Vice President Randy Abdallah talks about manufacturing projects, improving site safety with AI and using smart contracts in construction.
By Sebastian Obando • Feb. 21, 2024 -
Lendlease losses continue amid strategy shift
The contractor and developer has narrowed the kind of U.S. projects it will take on, targeting certain East Coast sectors above a specific cost.
By Zachary Phillips • Feb. 21, 2024 -
GlobalFoundries awarded $1.5B in CHIPS funding
The U.S. chipmaker plans to use the funds to build and expand factories in New York and Vermont.
By Sara Samora • Feb. 21, 2024 -
Lake Charles Methanol plans $3.2B Louisiana plant
The facility will produce low-carbon methanol that reduces the release of greenhouse gases.
By Sara Samora • Feb. 20, 2024 -
Economic Reports
Input prices rise after 3 months of decline
The first increase since September highlights the ongoing presence of material price volatility, said Anirban Basu, Associated Builders and Contractors’ chief economist.
By Sebastian Obando • Feb. 20, 2024 -
EV battery plant construction booms even as automakers hit the brakes
Although demand for electric vehicles has slowed, EV-related projects are continuing to help power the construction industry.
By Sebastian Obando • Feb. 20, 2024 -
Michigan is no longer a ‘right-to-work’ state
The repeal, which took effect Tuesday, is the first such reversal since states began implementing laws that prohibit union security agreements in the 1940s.
By Emilie Shumway • Feb. 15, 2024 -
5 of the biggest OSHA fines of Q4 2023
One builder faces over $1.8 million in initial citations due to the use of updated instance-by-instance rules.
By Zachary Phillips • Feb. 15, 2024