Commercial Building: Page

  • A rendering shows the exterior of a Hyatt Studios hotel prototype.
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    Retrieved from Hyatt on August 17, 2023
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    Inaugural Hyatt Studios hotels to open in Alabama, California

    Hyatt is targeting untapped markets for the upper midscale extended stay properties.

    By Jenna Graber • Aug. 17, 2023
  • A rendering of a large liquefied natural gas plant that spreads along a riverbed. Two ships are docked in the left side of the photo at the docks.
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    Permission granted by Bechtel
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    Economic Reports

    $12B LNG project props up construction starts in July

    Higher interest rates, labor shortages and increased material prices continue to impact the sector, said Dodge Construction Network’s chief economist.

    By • Aug. 17, 2023
  • Construction site Explore the Trendline➔
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    Getty Images
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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
  • legal exposure
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    SEC cyber rule opens can of worms over insurance coverage

    Required disclosures could prompt more lawsuits as plaintiffs leverage what companies file with the agency, driving an increase in insurance exclusions, industry experts say.   

    By Robert Freedman • Aug. 16, 2023
  • A construction worker sprays water in his face
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    Anna Moneymaker/Getty Images via Getty Images
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    Economic Reports

    Commercial, institutional projects boost construction backlog

    Contractors are signaling that demand for their services will continue to expand despite high interest rates and regional bank failures, said Anirban Basu, ABC chief economist.

    By • Aug. 16, 2023
  • A rendering of a large stadium lit up at night.
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    Retrieved from Tennessee Titans on August 16, 2023
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    Turner-AECOM Hunt JV wins final approval on $2.1B Tennessee stadium

    Construction on the new venue will likely begin by the middle of next year.

    By • Updated Aug. 18, 2023
  • A rendering of a hotel property set to break ground at Hemisfair in San Antonio
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    Permission granted by Hemisfair Park Area Redevelopment Corporation
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    Curio Collection by Hilton hotel to break ground in San Antonio

    The property, located near major attractions and one of the city’s largest convention centers, will cater to an influx of leisure and business travelers. 

    By Jenna Graber • Aug. 16, 2023
  • A guest room with bed and chairs at a Best Western hotel in Arizona
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    Courtesy of Best Western International Inc.
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    Best Western opens 4 US hotels amid expansion

    The properties in Kentucky, Louisiana, Arizona and California launch as the hotel chain looks to better “resonate with modern travelers.”

    By Jenna Graber • Aug. 16, 2023
  • One narrow skyscraper highlighted among the New York City skyline.
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    Courtesy of Lendlease/David Joshua Ford
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    Lendlease closes FY 2023 in the red, continues strategy shift

    The company’s pivot to an investment-led model means it will no longer build external projects below AU$150 million, CEO Tony Lombardo told stakeholders.

    By • Aug. 16, 2023
  • U.S. President Joe Biden stands between two rail cars in front of a red, white and blue flag that reads, "Hudson Tunnel Project."
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    Michael M. Santiago via Getty Images
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    Federal money buoys construction, engineering firms

    More than 36,000 transportation improvement projects have advanced due to the IIJA, according to the American Road and Transportation Builders Association.

    By Dan Zukowski • Aug. 15, 2023
  • Aerial view of wildfire damage shows grey and black burn out buildings with blue ocean in the background.
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    Justin Sullivan via Getty Images
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    ‘It appears to be a total loss’: Wildfires devastate Lahaina’s infrastructure

    Last week’s blaze took out power lines, roads and water systems in Maui, Hawaii, local officials say, but no major construction projects seem to have been affected. 

    By Julie Strupp • Aug. 15, 2023
  • Rust-colored armchairs and mint-green seat cushions in the restaurant George's Nephew.
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    Courtesy of Marriott International
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    Delta Hotels by Marriott opens first NYC location in Times Square

    Marriott is the latest in a string of hotel companies to have opened, or re-opened, properties in Times Square this year.

    By Noelle Mateer • Aug. 15, 2023
  • A hospital is framed against a blue sky and green grass. The building is roughly square-shaped with a sandstone-esque exterior.
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    Courtesy of Chad M. Davis, AIA
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    Project Milestones

    Adolfson & Peterson completes 2 Texas hospitals worth $37M

    The medical facilities, which recently celebrated their grand openings, are over 100,000 square feet combined.

    By • Aug. 15, 2023
  • A rendering of a 47-story tower as seen from above.
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    Retrieved from Lendlease on August 15, 2023
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    Lendlease pauses $1.2B San Francisco mixed-use tower, its biggest US project

    The Australia-based developer and contractor confirmed the news on Monday, about a month after it laid off 10% of its global staff.

    By • Aug. 15, 2023
  • 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.
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    Getty Images
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    Deep Dive

    Manufacturing megaprojects gobble up workers

    From Taylor, Texas, to Licking County, Ohio, multibillion-dollar factory projects are magnifying labor woes and driving up costs.

    By • Aug. 14, 2023
  • Allie Hopkins Google
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    Courtesy of Google
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    Google pours $350M into Iowa data center project

    Major digital service firms continue to show interest in markets with ample land and water supply, low natural disaster risk and favorable energy costs.

    By • Aug. 14, 2023
  • Picture of a construction worker in Tucson, Arizona, on a Sunday Construction jobsite
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    Courtesy of Associated General Contractors of America
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    Economic Reports

    Construction materials prices unchanged, signaling ‘stable’ costs ahead

    Relatively flat materials figures in recent months indicate contractors are finally experiencing relief from supply chain woes and price volatility, according to a new report.

    By • Aug. 11, 2023
  • An engineer in a bright vest and hard hat talks on the phone.
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    Getty Images
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    Opinion

    How to support the mental health of an injured employee

    Taking certain steps can help workers heal faster, according to Jennifer Cogbill, vice president at third-party claims firm Gallagher Bassett.

    By Jennifer Cogbill • Aug. 10, 2023
  • A tall building obscured behind a tree.
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    Getty Images
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    Adaptive reuse pipeline rises to 122,000 units under construction

    Despite strong incoming supply, office-to-multifamily completions in the sector have fallen since 2020.

    By Mary Salmonsen • Aug. 10, 2023
  • Construction workers talking
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    Getty Images
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    Contractor pays $1.6M following Labor Department lawsuit

    R&R Construction Maintenance of North Carolina misclassified employees as independent contractors, the agency said.

    By Caroline Colvin • Aug. 10, 2023
  • A JLL office building
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    Permission granted by JLL
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    JLL rolls out proprietary generative AI model to internal employees

    In the first 48 hours following deployment at the commercial real estate and investment management company, more than 11,000 employees used the large language model.

    By Lindsey Wilkinson • Aug. 9, 2023
  • U.S. Secretary of Commerce Gina Raimondo in a peach blazer and white blouse speaking with a mic in front of her.
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    Win McNamee via Getty Images
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    CHIPS Act draws over 460 applicants for semiconductor manufacturing funding

    With $39 billion dedicated for the program, the immense interest may mean some tough choices for federal officials.

    By Sara Samora • Aug. 9, 2023
  • A group of young students are moving around an indoor play space that has a construction theme. There are kid-sized versions of a crane and backhoe. A colorful mural is on the wall.
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    Permission granted by PBK
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    4 ways schools are rethinking building design

    From charging stations for electric vehicles to true-to-life career and technical spaces, schools are transforming, architecture experts say.

    By Kara Arundel • Aug. 9, 2023
  • A rendering shows the design for the Bolsa Row retail development in Orange County, California.
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    Courtesy of R.D. Olson
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    Project Milestones

    R.D. Olson breaks ground on $27M retail project

    Bolsa Row Terrace in Westminster, California, at the heart of Orange County’s Little Saigon community, will feature more than 26,000 square feet of shopping and dining space.

    By • Aug. 9, 2023
  • Rendering of the $400 million Kraft Heinz distribution center in DeKalb, Illinois.
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    Courtesy of Kraft Heinz
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    Economic Reports

    Construction planning drops for fifth month on interest rates, lending issues

    Weaker commercial activity will counter more robust institutional ambitions for the rest of 2023, said Sarah Martin, associate director of forecasting for Dodge Construction Network.

    By • Aug. 8, 2023
  • A ground view of several buildings under construction, a crane looms in the background.
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    Courtesy of Clark Construction
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    Project Milestones

    Clark tops out first of 3 towers at Washington, DC, apartment project

    The Bethesda, Maryland-based contractor has finished concrete work on the $643 million first phase of The Stacks in the city’s Buzzard Point neighborhood.

    By • Aug. 7, 2023