Commercial Building: Page 23
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Economic Reports
Backlog dips again amid tight lending conditions
The heavy industrial sector saw large gains, while institutional and infrastructure segments dropped.
By Matthew Thibault • Feb. 14, 2024 -
Q&A
‘Never give up’ applies to football and construction, says ex-quarterback
Once on a professional football team’s roster, Bryan Ehrlich now uses a lifetime of construction knowledge to deliver renovation projects in the Southeast.
By Zachary Phillips • Feb. 13, 2024 -
Explore the Trendline➔
luza studios via Getty ImagesTrendlineData center construction
New projects from customers like Meta, Google and Amazon make this a burgeoning sector for contractors.
By Construction Dive staff -
Kraus-Anderson buys healthcare-focused Phoenix builder
Sonoran Crest Construction is the first acquisition for the 126-year-old Minneapolis firm.
By Matthew Thibault • Feb. 13, 2024 -
AstraZeneca to invest $300M in US cell therapy plant
The U.K. drugmaker is adding a facility in Rockville, Maryland, after a spate of dealmaking in the therapeutic field.
By Kristin Jensen • Feb. 13, 2024 -
Project Wins
PCL nabs $667M Saskatchewan hospital job
The firm will design and build a new acute care tower at Prince Albert Victoria Hospital with a heliport and an expanded emergency department.
By Matthew Thibault • Feb. 12, 2024 -
Skanska’s Q4 profits tumble 73% due to property market
As U.S. construction helped bolster the Swedish builder’s balance sheet, the states’ poor commercial property market and return-to-office rates had negative impacts.
By Zachary Phillips • Feb. 9, 2024 -
Regional Report
Dallas bucks national office construction slump
The city leads the U.S. in office space under construction, according to commercial real estate services firms Cushman & Wakfield and CBRE.
By Sebastian Obando • Feb. 9, 2024 -
Construction planning inches higher despite commercial weakness
Though Dodge Construction Network expects momentum to pick back up in the second half, private project planning remains challenged by a difficult financing environment.
By Sebastian Obando • Feb. 9, 2024 -
How to attract workers to far-flung jobsites
Major projects away from city centers often lack a strong labor pool, so contractors must entice potential hires to relocate.
By Jen A. Miller • Updated Feb. 9, 2024 -
5 stadium projects set to cross the goal line in 2024
From a $2 billion Los Angeles arena to the first venue built specifically for a women’s team, these are the major professional North American arenas scheduled to score openings this year.
By Zachary Phillips • Feb. 8, 2024 -
JPMorgan wants to open 500 branches in next 3 years
The bank is looking to expand in areas such as Boston, Charlotte, Minneapolis, Philadelphia and Washington, D.C. — but aims to close another 30 First Republic locations.
By Rajashree Chakravarty • Feb. 8, 2024 -
AECOM Q1 revenue, profits up as backlog dips
CEO Troy Rudd cited strength in water, resilience and other infrastructure markets, but the firm pulled two previously announced deals from its development pipeline.
By Julie Strupp • Feb. 7, 2024 -
Project Milestones
Skanska completes $560M New York hospital
The contractor used drones to capture real-time views of progress on the 288,000-square-foot Petrocelli Surgical Pavilion project.
By Zachary Phillips • Feb. 6, 2024 -
Jacobs profits, backlog jump amid advanced manufacturing boost
The Dallas-based company continues to add notable wins in its water infrastructure projects, according to the firm’s first quarter results.
By Sebastian Obando • Feb. 6, 2024 -
McHugh Construction restores 1920s Chicago theater
The builder turned the single-screen Ramova Theatre into an 1,800-seat concert hall and created brewery, restaurant and event spaces.
By Matthew Thibault • Updated Feb. 6, 2024 -
Opinion
3 reasons why new tradespeople don’t stick around
Poor training, bad bosses and other frustrations can drive away new recruits to the construction industry, writes a Texas quality control manager.
By Fulton Cure • Feb. 6, 2024 -
Project Wins
Granite wins $55M Tucson, Arizona, road-widening job
The Grant Road Improvement Project is part of Pima County’s $2.1 billion, 20-year regional transportation plan.
By Joe Bousquin • Feb. 6, 2024 -
Construction firm co-founder among dead in Idaho jobsite collapse
A gust of wind might have caused the hangar near the Boise Airport to collapse, but it could take months to know for sure, sources told the Idaho Statesman.
By Zachary Phillips • Feb. 6, 2024 -
Opinion
4 ways to level construction’s playing field
Barriers that impede minority-owned businesses reflect a broader systemic issue, says an industry executive.
By Andre Sappington • Feb. 5, 2024 -
Builders announce executive moves to start 2024
Many major contractors made changes to their C-suites in the first several weeks of the year.
By Construction Dive Staff • Feb. 5, 2024 -
Executive Moves
Blach Construction names industry veteran as CFO
Alex Llerena has more than 30 years of experience including stints at Bechtel, Cemex and Bradley Electric.
By Jennifer Goodman • Feb. 2, 2024 -
Economic Reports
Public construction spending soars, but private projects still face hurdles
Highway and street projects are flush with cash, but high interest rates, labor shortages and regulatory delays are weighing on commercial projects.
By Sebastian Obando • Feb. 2, 2024 -
Opinion
7 ways that Davis-Bacon changes could cost contractors
Updates to prevailing wage laws will impact builders looking to win in the booming federal infrastructure market.
By Ashley Eley Cannady • Feb. 1, 2024 -
Retrieved from Terra Furman via AP on February 01, 2024
3 dead, 9 injured in Idaho construction collapse
An airplane hangar being built by Meridian, Idaho-based Big D Builders collapsed yesterday afternoon at the Boise Airport.
By Zachary Phillips • Feb. 1, 2024 -
Project Wins
AnderCorp breaks ground on $270M Louisiana casino, resort
Construction is in full swing on the sprawling entertainment project in Bossier City.
By Julie Strupp • Feb. 1, 2024