Commercial Building: Page 25
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Project Milestones
Gilbane breaks ground on $550M Philadelphia Amtrak station
The aging William H. Gray III 30th Street Station is one of the busiest intercity passenger railroad facilities in the U.S.
By Matthew Thibault • Jan. 23, 2024 -
US hotel openings to watch in 2024
From luxury beachside resorts to sustainable buildings, here are the projects that will drive the hospitality industry this year.
By Noelle Mateer • Jan. 23, 2024 -
Explore the Trendlineâž”
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 -
Project Wins
JE Dunn to build $224M DOE project
The Kansas City, Missouri-based general contractor expects to break ground on the 127,000-square-foot lab in late 2024.
By Sebastian Obando • Jan. 22, 2024 -
Q&A
AP exec sees growth in office conversion market
Adolfson & Peterson’s Will Pender says the firm is seeing a record demand for projects that transform vacant workspaces into housing.
By Jennifer Goodman • Jan. 22, 2024 -
Sponsored by Levine Builders
Subsidized city and state projects present unique opportunity for New York M/WBE subcontractors
Despite a construction slowdown, city and state efforts increase opportunities for M/WBEs.
Jan. 22, 2024 -
Project Wins
Turner JV selected for $215M upgrade of Charlotte Hornets’ arena
Along with local contractor D.A. Everett, Turner will renovate the Spectrum Center over the next two offseasons, beginning in May.
By Zachary Phillips • Jan. 19, 2024 -
Construction starts jump 20%
December’s rebound after three down months signaled “the planning queue is stabilizing,” according to Dodge’s chief economist.
By Sebastian Obando • Jan. 19, 2024 -
Executive Moves
McCarthy continues executive buildout with new COO
The appointment of Joe Jouvenal to the operations role is the second C-suite move the contractor has announced in the past two months.
By Matthew Thibault • Jan. 19, 2024 -
Swinerton to pay $2.3M fine over alleged Clean Water Act violations
The San Francisco builder’s penalties stemmed from allegedly failing to use proper stormwater controls and conduct regular inspections across four solar farm sites in three states.
By Matthew Thibault • Jan. 18, 2024 -
ABC condemns independent contractor rule change
In March, the Department of Labor will revert to a pre-Trump rule for determining a worker’s employment status, to the chagrin of some contractor groups.
By Zachary Phillips • Jan. 18, 2024 -
Phoenix leads in manufacturing construction
The city has seen 14 major projects since 2020, and plants are cropping up in other areas with the labor pool to staff them, said a new report.
By Julie Strupp • Jan. 18, 2024 -
Hybrid work in construction offices here to stay
Though the physical nature of construction work hasn’t changed, the industry’s office employees increasingly have stayed home since the COVID-19 pandemic.
By Jen A. Miller • Jan. 18, 2024 -
TSMC delays $40B Arizona chip factory again
Despite a labor union deal last month, the Taiwanese chip maker highlighted skilled labor shortages and access to government funding as lingering issues.
By Sebastian Obando • Updated Jan. 19, 2024 -
Mortenson chair offers cautious optimism in Federal Reserve speech
David Mortenson said construction needs to evolve, and predicted shifts in building methods in the next 20 years.
By Zachary Phillips • Jan. 17, 2024 -
Executive Moves
Swinerton taps new COO following executive shuffle
Ray Haj will succeed David Callis, who became the contractor’s new CEO earlier this month.
By Matthew Thibault • Jan. 17, 2024 -
Q&A
PCL manager sets her sights high
Cheyanne Hammell helped renovate Toronto’s CN Tower, one of the world’s tallest freestanding structures.
By Jennifer Goodman • Jan. 17, 2024 -
Economic Reports
Backlog increases amid easing credit conditions
Builder confidence in securing new work also jumped, fueled by the expectation of rate cuts.
By Sebastian Obando • Jan. 16, 2024 -
Skanska writes off $195M, cites weak US office market
Poor return-to-office rates in the U.S. are contributing to struggles in the Swedish builder’s portfolio.
By Zachary Phillips • Updated Jan. 17, 2024 -
Economic Reports
Construction input prices drop 3 months in a row
Despite the sustained cost moderation, some sticker shock could return in 2024, ABC Chief Economist Anirban Basu said.
By Sebastian Obando • Jan. 16, 2024 -
New York’s Prompt Payment Act creates issues for contractors
Recent amendments that limit the amount of retainage an owner can hold could lead to an accounting nightmare for construction firms, a real estate attorney said.
By Sebastian Obando • Jan. 16, 2024 -
Inflation inches up, signaling prospect of extended Fed fight
The consumer price index last month rose more than anticipated, with gains in the cost of services staying stubbornly high.
By Jim Tyson • Jan. 12, 2024 -
2024 OUTLOOK
Construction’s biggest staffing struggles for 2024
A lack of experienced workers, far-flung jobsites and social issues will compound the industry’s labor shortage this year, experts say.
By Zachary Phillips • Jan. 11, 2024 -
Life sciences boom could fizzle
CBRE said that momentum may falter in three major cities after a rush of investment in the space this year.
By Sebastian Obando • Jan. 11, 2024 -
Project Wins
USACE taps Clark for $617M Texas hospital
The Maryland contractor delivered another Fort Worth healthcare facility on the same Army base four years ago.
By Zachary Phillips • Jan. 10, 2024 -
Stantec acquires Morrison Hershfield, boosts Canadian presence
Edmonton-based Stantec, which has more than half of its offices in the U.S., will grow its workforce in Canada by 10%.
By Matthew Thibault • Jan. 10, 2024