Commercial Building: Page 25


  • Construction workers help build a mixed-use apartment complex which will hold over 700 units of apartment housing and 95,000 square feet of commercial space on January 25, 2024 in Los Angeles
    Image attribution tooltip
    Mario Tama/Getty Images via Getty Images
    Image attribution tooltip
    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 Feb. 20, 2024
  • Rendering of Rivian's $5 billion EV manufacturing plant in Stanton Springs, Georgia.
    Image attribution tooltip
    Courtesy of Clayco
    Image attribution tooltip

    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 Feb. 20, 2024
  • Construction site Explore the Trendline
    Image attribution tooltip
    sandsun via Getty Images
    Image attribution tooltip
    Trendline

    Top 5 stories from Construction Dive

    Construction Dive editors curate some of the industry’s top stories from this year.

    By Construction Dive staff
  • UAW union members strike holding signs with the city in the background.
    Image attribution tooltip
    Bill Pugliano / Stringer via Getty Images
    Image attribution tooltip

    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
  • A shadow of a construction worker on a jobsite before a blue background of an OSHA citation.
    Image attribution tooltip

    Photo illustration: Shaun Lucas/Industry Dive; Getty Images; OSHA

    Image attribution tooltip

    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 Feb. 15, 2024
  • An exterior view of an American school building seen on a spring day.
    Image attribution tooltip
    Stock Photo via Getty Images
    Image attribution tooltip

    The average school building is nearly a half-century old

    An NCES survey found about a third of public schools have never undergone any major renovations, been replaced or gotten an addition.

    By Anna Merod • Feb. 15, 2024
  • A rendering of a LivAway Suites hotel.
    Image attribution tooltip
    Permission granted by Sarah Wilson
    Image attribution tooltip

    LivAway Suites expands as infrastructure spending boosts extended stay demand

    The brand’s latest hotel groundbreaking in Dewitt, New York, is poised to benefit from a nearby $100 billion, federally funded factory project.

    By Jenna Graber • Feb. 15, 2024
  • An elevated view of a crane over a tower under construction.
    Image attribution tooltip
    Permission granted by Samet Corp.
    Image attribution tooltip
    Q&A

    Slowdown ahead due to interest rates, GC exec says

    As people move to the Southeast, Samet Corp. has seen an increase in demand for multifamily and public projects, according to CFO Doug Beane.

    By Feb. 14, 2024
  • An image shows executives shoveling dirt at a ground breaking ceremony.
    Image attribution tooltip
    Courtesy of Turner Construction
    Image attribution tooltip
    Project Milestones

    Turner JV breaks ground on $550M Texas hospital

    University Health’s Palo Alto Hospital is one of two facilities being built by the state entity in the San Antonio metro area.

    By Feb. 14, 2024
  • A person in a yellow safety vest and hardhat holds a remote in their hand on a construction site.
    Image attribution tooltip
    Permission granted by Columbia Construction
    Image attribution tooltip
    Opinion

    Drones know the dirt: How UAVs can measure jobsite materials

    A reality capture manager at Columbia breaks down the basics, from software and training to regulations like the upcoming Remote ID Rule.

    By Erik Gronneberg • Feb. 14, 2024
  • Construction workers talking
    Image attribution tooltip
    kali9 via Getty Images
    Image attribution tooltip
    Economic Reports

    Backlog dips again amid tight lending conditions

    The heavy industrial sector saw large gains, while institutional and infrastructure segments dropped.

    By Feb. 14, 2024
  • Headshot of Bryan Ehrlich.
    Image attribution tooltip
    Permission granted by NCE Builders
    Image attribution tooltip
    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 Feb. 13, 2024
  • Sun setting above the Phoenix city skyline.
    Image attribution tooltip

    Shutterstock/ f11photo

    Image attribution tooltip

    Kraus-Anderson buys healthcare-focused Phoenix builder

    Sonoran Crest Construction is the first acquisition for the 126-year-old Minneapolis firm.

    By Feb. 13, 2024
  • Image attribution tooltip
    Christopher Furlong via Getty Images
    Image attribution tooltip

    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
  • A rendering of a modern-looking building. The exterior is covered in glass and looks sleek, with white-ish stone.
    Image attribution tooltip
    Courtesy of Government of Saskatchewan
    Image attribution tooltip
    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 Feb. 12, 2024
  • A rendering of the top of a tower overlooking a foggy city skyline.
    Image attribution tooltip
    Courtesy of Skanska USA
    Image attribution tooltip

    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 Feb. 9, 2024
  • A rendering of an office building in Dallas
    Image attribution tooltip
    Permission granted by Goldman Sachs
    Image attribution tooltip
    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 Feb. 9, 2024
  • Rendering of the $224 million DOE research facility on the east side of its South Table Mountain Campus in Golden, Colorado,
    Image attribution tooltip
    Permission granted by National Renewable Energy Laboratory
    Image attribution tooltip

    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 Feb. 9, 2024
  • Aerial view of the new computer chip factory that's being built by The Taiwan Semiconductor Manufacturing Company in Arizona on the North side of Phoenix.
    Image attribution tooltip
    Skyhobo via Getty Images
    Image attribution tooltip

    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
  • A rendering of the exterior of a stadium by a park.
    Image attribution tooltip
    Courtesy of CNW Group/CPKC
    Image attribution tooltip

    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 Feb. 8, 2024
  • JPMorgan Chase sign in front of building in street level view.
    Image attribution tooltip
    Chris Hondros via Getty Images
    Image attribution tooltip

    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
  • Waterfront view of a long open metal bridge.
    Image attribution tooltip
    The image by Wally Gobetz is licensed under CC BY 2.0
    Image attribution tooltip

    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 Feb. 7, 2024
  • An aerial view of a hospital tower where construction is almost complete.
    Image attribution tooltip
    Courtesy of Skanska USA
    Image attribution tooltip
    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 Feb. 6, 2024
  • Aerial shot of TSMC's $40 billion construction project in Phoenix, Arizona
    Image attribution tooltip
    Permission granted by TSMC
    Image attribution tooltip

    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 Feb. 6, 2024
  • The front of a theater lights up in the darkness. The red contrasts with the colors of a city at night.
    Image attribution tooltip
    Courtesy of Clayton Hauck
    Image attribution tooltip

    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 Updated Feb. 6, 2024
  • Three construction workers stand in a tunnel, silhouetted in shadow.
    Image attribution tooltip
    Martin Barraud via Getty Images
    Image attribution tooltip
    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