Commercial Building: Page 42

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    Hart Howerton

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    Hunt Realty plans $5B downtown Dallas redevelopment

    The proposed project will include a dozen new apartment buildings, a hotel, shops and offices next to the new convention center.

    By Julie Strupp • Dec. 18, 2023
  • A young construction worker uses a tablet to view plans on a jobsite.
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    Opinion // Business Matters

    How to gain respect from experienced co-workers

    Young construction leaders must learn how to navigate relationships with the seasoned pros on their team, according to an industry consultant.

    By Matt Verderamo • Dec. 18, 2023
  • Construction site Explore the Trendline➔
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    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
  • Workers wearing safety gear and hard hats use a large machine to work with cement mixtures in front of a brown, brick home.
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    Illinois court asked: Are defects covered by general liability insurance?

    The ruling, passed down from the state’s supreme court, could affect which issues contractors choose to litigate with insurers across the country.

    By • Dec. 18, 2023
  • A building burns at night.
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    Retrieved from Aurora Fire Rescue.
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    Denver-area construction site fire destroys 5 multifamily units

    Aurora Fire Rescue is investigating the cause of the Thursday morning blaze.

    By • Dec. 15, 2023
  • A rendering of new stadium construction. People in the rendering mill about in the foreground, performing normal football-watching activities, like tailgating.
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    Courtesy of Baltimore Ravens
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    Project Wins

    NFL’s Ravens award Gilbane $430M stadium upgrade project

    The Rhode Island builder will oversee substantial additions to the exterior of Baltimore’s M&T Bank Stadium while renovating much of the venue’s interior.

    By • Dec. 15, 2023
  • Children in brightly colored gear gather around an instructor in a workshop.
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    Permission granted by Rosendin
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    Q&A

    Rosendin summer camp opens career path to construction

    Aimee Olmedo, a former educator, says the mindset that construction is a “dirty” job has begun to change.

    By • Dec. 14, 2023
  • Federal Reserve Chair Jerome Powell.
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    Fed holds main rate steady, signals deeper cuts to borrowing costs in 2024

    Policymakers paused monetary tightening for the third consecutive meeting as traders in interest rate futures bet the Fed will begin easing in the spring.

    By Jim Tyson • Dec. 14, 2023
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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
  • Team works together to inspect an air conditioner on a rooftop
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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
  • A woman presents in front of a large video screen
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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 Jennifer Goodman • Dec. 13, 2023
  • Funded By The Bipartisan Infrastructure Law
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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
  • Purple rays bouncing off of semiconductors.
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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
  • Aerial view of London
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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
  • Aerial view of a theme park rendering, featuring brightly colored water features, rides and buildings.
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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
  • A rendering displays the overhead view of a football stadium at night,
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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
  • An aggregate facility stands in the foreground of dramatic mountains in Alaska.
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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
  • A closeup shot of a young man works at a computer screen on a software looking at the design of a solar panel array in CAD with data.
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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
  • A construction worker uses a tablet at a jobsite.
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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