Commercial Building: Page 62
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The image by Trevor Birchett is licensed under CC BY-SA 4.0
Industry groups hit the road to promote engineering, public works careers
The campaign will spotlight the need for workers to help address the country’s pressing infrastructure challenges.
By Jennifer Goodman • Aug. 4, 2022 -
Freddie Mac expects multifamily contraction through the end of 2022
Macroeconomic headwinds include inflation and rising Treasury rates.
By Mary Salmonsen • Aug. 4, 2022 -
Explore the Trendline➔
vitranc via Getty ImagesTrendlinePreconstruction
Careful collaboration before shovels hit dirt is key to a successful project, experts say.
By Construction Dive staff -
AECOM-Hunt Turner tops out concrete frame at $2B Intuit Dome
The future home of the Los Angeles Clippers went from concrete foundation to its top deck pour in just six months.
By Joe Bousquin • Aug. 4, 2022 -
$52B CHIPS Act a boon for construction, but challenges remain
Labor shortages, security clearances and the funding timeline still need to be addressed, experts say.
By Sebastian Obando • Aug. 3, 2022 -
Q&A
Code updates, sustainability spur mass timber’s US adoption
Nordic Structures’ David Croteau said demand for CLT is growing as companies like Google, Microsoft and Facebook seek to reduce their carbon footprints.
By Matthew Thibault • Aug. 3, 2022 -
Construction job openings plunged by 71,000 in June
Vacancies in the industry fell 17.5% as the debate over whether the U.S. is in a recession rages on.
By Joe Bousquin • Aug. 3, 2022 -
Q&A
Messer COO: ‘Be really good at the job you have’
Steve Bestard, the new COO of Messer Construction, riffed on his long career with the company and how to climb the ranks in construction.
By Matthew Thibault • Aug. 3, 2022 -
Did the US just sink into a recession?
Two consecutive quarters of economic contraction commonly defines a recession, but a construction economist sees growth ahead.
By Sebastian Obando • Aug. 2, 2022 -
Jacobs reports higher profits, more backlog but forecasts weak fourth quarter
The Dallas-based technical, professional and construction services firm beat both earnings and revenue estimates, but lowered its guidance for Q4.
By Sebastian Obando • Aug. 2, 2022 -
Lendlease breaks ground on $1.15B San Francisco tower
The mixed-use 30 Van Ness project represents the firm’s largest investment ever in North America.
By Jennifer Goodman , Zachary Phillips • Aug. 1, 2022 -
CHIPS Act passes House, secures $52B for semiconductor industry
Several massive manufacturing-related construction projects are depending on the act in order to move forward.
By Matthew Thibault , Sebastian Obando • July 28, 2022 -
Top 10 US metros for construction starts
The value of the commercial and multifamily sectors rose in top metro areas in the first half of 2022, per a new report.
By Julie Strupp • July 28, 2022 -
Jacobsen Construction completes one of country’s largest veteran care facilities
The 275,000-square-foot Department of Veterans Affairs facility in Phoenix opened its doors June 27, and will provide care for up to 500,000 patient visits each year.
By Sebastian Obando • July 28, 2022 -
Fed hikes interest rate again in bid to tamp down runaway inflation
The second consecutive 75-point hike follows “worse than expected” June results, with Chairman Jerome Powell stating a strong labor market still belies a current recession.
By Grace Noto • July 28, 2022 -
Tech giants plan to spend billions to construct new plants, data centers
Clients like Samsung, Panasonic and Google eye massive U.S. projects in coming years.
July 27, 2022 -
Cemex Ventures invests in 3D-printing tech for building
3D-printing firm Cobod said its proprietary mix can adapt normal cement to the specifications needed to print buildings.
By Matthew Thibault • July 27, 2022 -
Q&A
7 tips for complying with New York's wage theft law
General contractors need to take care in order to avoid liability, according to accountant Phil Ross.
By Jennifer Goodman • July 27, 2022 -
BNBuilders fires 3 workers connected to noose incident at Meta site
More than 20 noose incidents have been reported on construction jobsites since George Floyd’s murder in 2020, but rarely do perpetrators get caught.
By Sebastian Obando • July 27, 2022 -
Column
The Dotted Line: ‘Carrot and stick’ provisions help architects and GCs get along
A new report explores the clashes between designers and builders. Construction attorneys say it doesn’t have to be that way.
By Joe Bousquin • July 26, 2022 -
Samsung proposes $191B Texas semiconductor project
A critical factor for this potential massive investment in Taylor, Texas, is the passage of the CHIPS Act, currently under consideration by Congress.
By Sebastian Obando • July 25, 2022 -
Recession likely to begin in first quarter 2023: Fannie Mae
The Fed will probably succeed in slowing inflation but its withdrawal of stimulus may trigger a recession early next year, economists said.
By Jim Tyson • July 25, 2022 -
Balfour Beatty lands plethora of projects in California
The London-based firm is focusing on small- and medium-sized education and federal builds.
By Matthew Thibault • July 25, 2022 -
Jacobs wins $310M UK nuclear site project
The Dallas-based construction firm will deliver civil, mechanical and electrical engineering services for one of Britain’s most complex nuclear sites.
By Sebastian Obando • July 22, 2022 -
Skanska CFO: 'We probably have the best balance sheet in the industry'
Amid a war in Ukraine, inflation and a looming recession, the Swedish contractor saw second quarter profits dip slightly and revenue increase 18%.
By Zachary Phillips • July 22, 2022 -
Onshoring push continues with $1.8B Indiana semiconductor plant
Semiconductor projects remain in high demand in the U.S. as more American companies decide to build domestic manufacturing facilities.
By Sebastian Obando • July 21, 2022