Commercial Building: Page 51
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Despite $50B of investment, contech is being held back by its fragmented customer base
Cash into the construction technology space grew by 85% during the pandemic, according to McKinsey, but the nature of the industry makes it a tough nut to crack.
By Joe Bousquin • June 7, 2023 -
Retrieved from Clark Construction on June 07, 2023
Clark Construction opens office in Richmond, Virginia
The Maryland-based contractor is looking to widen its presence in the mid-Atlantic region.
By Zachary Phillips • June 7, 2023 -
Explore the Trendlineâž”
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TrendlinePreconstruction
Careful collaboration before shovels hit dirt is key to a successful project, experts say.
By Construction Dive staff -
Boston’s new construction safety ordinance mandates 3 key steps
Mayor Michelle Wu signed the measure following a number of accidents on jobsites in the city.
By Sebastian Obando • June 7, 2023 -
Project Milestones
McHugh completes Chicago apartment building started during the pandemic
The 200-unit mid-rise features exposed concrete ceilings, glass facades and views of Lake Michigan.
By Matthew Thibault • June 6, 2023 -
Executive Moves
Shawmut nabs former Suffolk exec for new Florida lead
Alexis Leal’s industry experience also includes 25 years with Munila Construction Management.
By Jennifer Goodman • June 6, 2023 -
Supreme Court sides with concrete employer over Teamsters strike
The high court said last week a Washington state Teamsters chapter did not take “reasonable precautions” to prevent the destruction of Glacier Northwest’s already-mixed concrete.
By Zachary Phillips • June 6, 2023 -
Single-family rental construction more active than ever
Social changes and high home prices are driving horizontal apartment demand.
By Mary Salmonsen • June 6, 2023 -
Toyota to invest another $2.1B in North Carolina EV battery factory
The plant’s additional production capacity will help the automaker launch its first U.S.-assembled electric SUV.
By Eric Walz • June 5, 2023 -
Project Wins
Skanska expands Boston portfolio with 2 multimillion-dollar projects
The contractor announced it won a $311 million student housing project, which, when occupied in 2026, will open up land for a mixed-use development.
By Zachary Phillips • June 5, 2023 -
Friday Feedback: What’s your favorite project?
As summer kicks off, Construction Dive begins a weekly series asking for reader input on a variety of topics.
By Zachary Phillips • June 2, 2023 -
Racism in Construction
EEOC report berates construction for discrimination
After a yearlong investigation, the agency says construction stands out from other industries for “egregious incidents of harassment.”
By Joe Bousquin • June 2, 2023 -
Finnish manufacturer plans $750M Georgia modular building factory
Admares will construct a 2.5-million-square-foot plant as part of its relocation to the United States.
By Sebastian Obando • June 1, 2023 -
Economic Reports
Higher material prices here to stay
More upward pressure on the cost of building products will lead to a permanent shift in prices, according to construction industry sources.
By Sebastian Obando • June 1, 2023 -
Economic Reports
‘What recession?’ Nearly all sectors see strong construction spending
Most nonresidential categories jumped in April, led by 8.6% growth in manufacturing construction.
By Sebastian Obando • June 1, 2023 -
Subcontractors feel the pinch but still expect growth
A shrinking labor pool and supply chain delays impact subs’ bottom lines, but the silver lining of the IIJA has gotten shinier.
By Jen A. Miller • June 1, 2023 -
Executive Moves
California contractor makes CFO, IT appointments
The two new Blach Construction execs were hired from competitor Rudolph and Sletten and global tech giant Cisco Systems.
By Jennifer Goodman • June 1, 2023 -
Project Milestones
McCarthy-Mortenson JV completes $1B biosafety lab
The facility in Manhattan, Kansas, will ensure the safety of the food supply and is one of just a handful of BSL-4 designated sites globally.
By Joe Bousquin • June 1, 2023 -
Construction job openings increase 68K
There are more unfilled positions across all sectors than there are unemployed Americans, and construction, like many industries, faces a growing need for workers.
By Zachary Phillips • June 1, 2023 -
Rebar-tying robot slashes time on Wisconsin bridge project
The machine fastens reinforcing steel at a rate of over 1,100 bindings per hour.
By Jennifer Goodman • May 31, 2023 -
Project Milestones
Swinerton tops out Charlotte mass timber project
The firm's Timberlab subsidiary supplied cross-laminated beams and a prefabricated structural system.
By Matthew Thibault • May 31, 2023 -
LG Energy Solution, Hyundai to build $4.3B joint battery cell plant in Georgia
The two South Korea-based companies will locate the facility near Hyundai’s upcoming EV campus.
By Sara Samora • May 30, 2023 -
Column
The Dotted Line: Why ChatGPT needs a (construction) lawyer
The suddenly-everywhere tech can spit out a contract lickety-split. But would you trust your $100 million project to it?
By Joe Bousquin • May 30, 2023 -
Project Milestones
Hensel Phelps starts $630M NIH project in Maryland
The Colorado-based general contractor expects to complete construction by 2029.
By Sebastian Obando • May 30, 2023 -
Top 10 commercial contractors of 2023
Turner maintained its No. 1 ranking while first-timer MasTec claimed the third spot in this year’s list of construction industry giants.
By Matthew Thibault • May 30, 2023 -
Supreme Court narrows WOTUS definition
The high court curtailed the jurisdiction of the federal government under the Clean Water Act while effectively negating a recent Biden administration rule.
By Joe Bousquin • May 26, 2023