Commercial Building: Page 35

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    Opinion // Business Matters

    5 tactics to tell — and sell — your firm’s story

    Once you know what you want to say to potential clients, decide how best to present it.

    By Chemene Phillips • Dec. 14, 2023
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    Executive Moves

    STO Building Group creates COO, other C-suite roles

    Company veteran Greg Dunkle will support the 14 brands in the firm's portfolio amid an updated organizational structure.

    By • Dec. 14, 2023
  • three people in hardhats look over a blueprint Explore the Trendline➔
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    Trendline

    Preconstruction

    Careful collaboration before shovels hit dirt is key to a successful project, experts say.

    By Construction Dive staff
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    Economic Reports

    Construction input costs stabilizing but volatility ‘isn’t dead’

    Despite lower materials prices, the construction landscape remains complicated due to high interest rates and long lead times, according to AGC Chief Economist Ken Simonson.

    By • Dec. 14, 2023
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    Permission granted by ITI
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    Q&A

    Washington sheet metal worker recruits other women to the trades

    Tammy Meyen recently joined the International Training Institute in a role designed to help entice nontraditional workers to join the construction industry.

    By • Dec. 13, 2023
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    John Moore/Getty Images via Getty Images
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    Economic Reports

    Infrastructure nudges backlog higher as other sectors struggle

    A growing number of contractors face difficulties in securing new work, according to Associated Builders and Contractors.

    By • Dec. 13, 2023
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    Courtesy of ASML.

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    New York inks $10B toward semiconductor R&D partnership

    IBM, Micron and Applied Materials want to build a chip research and development center in the state’s capital, Albany.

    By Sara Samora • Dec. 13, 2023
  • Two buildings with non-standard roof shapes rise above a grassy, rolling hill during a day with blue sky. The buildings are surrounded by green space and trees, and look very modern.
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    Courtesy of HGA
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    Consigli completes 2 mass timber structures in Maine

    The $37 million buildings at Bowdoin College are the first commercially scaled mass timber buildings in the state, according to the project team.

    By • Dec. 12, 2023
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    Courtesy of LPA Design Studios/Jun Tang
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    Executive Moves

    Swinerton CEO to retire in January

    President David Callis will succeed Eric Foster, who oversaw expansions into mass timber, maintenance and industrial work over his 42-year tenure.

    By • Dec. 11, 2023
  • A skeleton steel frame of an industrial construction project rises against the sky.
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    Minneapolis Fed sees pain in residential, commercial construction

    A survey by the bank highlighted the divide between hard-hit private projects and booming industrial and infrastructure markets.

    By • Dec. 11, 2023
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    Tom Shaw via Getty Images
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    Balfour Beatty backlog, revenue inch up in year-end update

    The company expects marginal gains driven by its work on Phase 1 of Britain’s HS2 rail project and increased airport construction activity in Hong Kong.

    By • Dec. 11, 2023
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    Courtesy of Universal Destinations & Experiences
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    Project Milestones

    Construction starts on $550M theme park in Frisco, Texas

    Balfour Beatty broke ground last month on Universal Kids Resort, which includes a 300-room hotel, rides and shops.

    By Julie Strupp • Dec. 8, 2023
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    Courtesy of University of South Florida
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    Barton Malow, USF part ways on $340M stadium project

    Due to a change in delivery method, the contractor will no longer build the University of South Florida venue, which has been delayed by supply chain issues.

    By • Dec. 8, 2023
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    Courtesy of Granite Construction
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    Granite buys 2 Memphis asphalt firms for $278M

    The move makes good on the California road builder’s promise to expand its aggregates and materials business in new markets. 

    By • Dec. 7, 2023
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    DOL head emphasizes Biden’s support for labor

    Acting Labor Secretary Julie Su underlined the White House’s worker-focused efforts at a construction trade event in Washington, D.C.

    By • Updated Dec. 7, 2023
  • rendering of the $300 million Sherwin Williams headquarters building in Cleveland, Ohio
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    Courtesy of The Sherwin-Williams Company
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    Economic Reports

    Commercial plunge pulls nonresidential planning down

    Planning in the segment that includes offices and retail plummeted about 20% YOY, causing a drop in overall activity, according to a new report.

    By • Dec. 7, 2023
  • Aerial view of the planned Meta data center in Mesa, Arizona.
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    Courtesy of Meta
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    Project Wins

    Meta selects DPR for $1B Arizona data center

    The campus, which the contractor expects to complete in 2026, will use 12,000 tons of steel, 600 miles of framing studs and 700 acres of drywall.

    By • Dec. 6, 2023
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    AI-driven approaches can expedite building decarbonization: McKinsey

    Machine learning, artificial intelligence and physics-based models can accelerate net-zero efforts, providing a more than 100-fold increase in the pace and scale of decarbonization, according to the consulting firm.

    By Nish Amarnath • Dec. 6, 2023
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    Contech startups swim in cash as established firms face pressure

    While venture funding in the industry eclipsed record numbers this year, tech stalwarts are running into customer growth and adoption issues.

    By • Dec. 6, 2023
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    Job report signals no reprieve for construction

    As demand for workers in other sectors cools, construction still faces a wide margin between the number of available positions and the supply to fill them.

    By • Dec. 6, 2023
  • The rendering of a new, glassy, modern building on a beautiful day. The building is large and modern-looking, with plenty of glass.
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    Courtesy of HITT Contracting
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    HITT unveils plans for high-tech HQ

    Space on the first floor of the company’s six-story, 270,000-square-foot headquarters in Falls Church, Virginia, will house Virginia Tech’s Coalition for Smart Construction.

    By • Dec. 6, 2023
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    Courtesy of Skanska
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    Project Wins

    Skanska nabs $106M NC State contract

    The U.S. division of the Sweden-based firm will construct the STEM facility for North Carolina State University, the fifth project it has undertaken for the school.

    By • Dec. 5, 2023
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    Antonio Perez/Chicago Tribune/TNS/Newscom

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    Governor cancels Chicago tent camp construction

    Citing environmental concerns at the site, Illinois Gov. J.B. Pritzker said the plan designed to house up to 2,000 migrants will be scrapped.

    By • Updated Dec. 6, 2023
  • Providence is the capital and most populous city in Rhode Island. Downtown Providence has numerous 19th-century mercantile buildings in the Federal and Victorian architectural styles.
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    Executive Moves

    Gilbane promotes Heidi DeBenedetti to COO

    During her nine-year tenure with the firm, DeBenedetti has led 650 employees and overseen annual revenue over $1.5 billion.

    By • Dec. 5, 2023
  • Final Steel Beam Raised at JPMorgan Chase's New Global Headquarters at 270 Park Avenue
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    Courtesy of Max Touhey for JPMorgan Chase
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    Megaprojects drive up demand for steel

    Chip factories, battery plants and data centers require more steel than typical commercial construction, according to a new report.

    By • Dec. 5, 2023
  • Image of seven people sitting on a beam with New York City in the background.
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    Diane Bondareff/Tishman Speyer/AP

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    Rockefeller Center ride allows visitors to recreate iconic image

    The new attraction allows tourists to perch atop a beam like the workers who built the skyscraper in 1932.

    By • Dec. 5, 2023