California builder launches contech investment arm

Webcor Ventures, an offshoot of the San Francisco-based contractor, made its inaugural investment in modular construction firm R2 Building.

By Matthew Thibault • Nov. 26, 2024

NYC plans $1B buildout via project labor agreements

The $270 million Willets Point redevelopment, part of an initiative that includes the city’s first soccer-specific stadium, could pave the way for an additional $50 billion in projects.

By Sebastian Obando • Nov. 26, 2024

Explore the Trendline➔

Data center construction

New projects from customers like Meta, Google and Amazon make this a burgeoning sector for contractors.

By Construction Dive staff

Skanska creates mid-Atlantic division, taps local exec to helm

The new region will encompass four markets — Washington, D.C., Maryland, Virginia and North Carolina — and will build on existing offices in the area.

By Matthew Thibault • Nov. 25, 2024

Rays’ $1.3B stadium project timeline in jeopardy, say team presidents

After Hurricane Milton caused a delay in funding approval, the MLB team’s leaders said the new ballpark’s 2028 schedule is not viable.

By Zachary Phillips • Nov. 22, 2024

Persistence pays off for president of NY excavation firm

Stacey Tompkins helped grow her family’s landscaping company into a sought-after MWBE contractor with $12 million in annual revenue.

By Jennifer Goodman • Nov. 21, 2024

Microporous to build $1.4B Virginia battery separator plant

The company is set to receive up to $100 million in federal funds for the Danville facility.

By Sara Samora • Nov. 20, 2024

Pittsburgh to gain 2 entertainment projects worth more than $800M

The $740 million riverside development and $64 million concert venue will bring new leisure, retail and housing options to the Steel City.

By Matthew Thibault • Nov. 20, 2024

Tampa Bay Rays’ stadium roof repair could reportedly cost $55.7M

Tropicana Field’s roof was destroyed last month when Hurricane Milton hit St. Petersburg, Florida.

By Zachary Phillips • Nov. 19, 2024

Data center boom fuels demand for nuclear projects

A shift in how tech companies like Google and Amazon meet their energy needs is creating opportunities for construction firms equipped to handle atomic power work.

By Sebastian Obando • Nov. 19, 2024

Turner targets advanced tech builds in leadership revamp

With 40% of its revenues set to come from data centers, chip fabs and similar projects, the country’s biggest contractor is making moves to stay ahead of its growth.

By Joe Bousquin • Nov. 18, 2024

McCarthy-Vaughn JV starts $5B Dallas pediatric health campus

The new hospital complex aims to meet the needs of a booming North Texas population.

By Julie Strupp • Nov. 15, 2024

WSP leaders rosy on US work post election

The Canadian megacontractor reported higher revenue, profits and backlog in its third quarter, with plans for more acquisitions on the horizon.

By Julie Strupp • Nov. 12, 2024

Planning activity cools, data center surge moderates

Several nonresidential sectors contributed to October’s decline, according to Dodge Construction Network.

By Sebastian Obando • Nov. 12, 2024

Fluor profits fall; data center and nuclear work offer upside

Project cancellations and delayed timing impacted the firm’s third quarter results, CFO Joe Brennan said during an earnings call last week.

By Sebastian Obando • Nov. 8, 2024

Turner wins $2B Ohio data center job

The New York City-based contractor expects the first building to open in 2025.

By Sebastian Obando • Nov. 8, 2024

Fed’s second rate cut this year raises hopes for commercial construction

The central bank aims to foster a more supportive lending environment, an encouraging sign for building activity.

By Sebastian Obando • Nov. 7, 2024

Trump win elicits optimism, concern among contractors

Though construction employer groups mostly praised the outcome, labor associations are troubled about a second Trump term.

By Sebastian Obando • Nov. 7, 2024

Skanska nabs $435M Florida hospital, medical office job

Utility work has begun on the 560,000-square-foot project for Lee Health in Fort Myers.

By Zachary Phillips • Nov. 6, 2024

Whiting-Turner, Mahogany start $540M rural Maryland hospital project

The Baltimore-based contractors expect to finish the six-story facility by the summer of 2028.

By Sebastian Obando • Nov. 5, 2024

Oklahoma’s $2.5B Disney-sized theme park reportedly fails to launch

The opening of the American Heartland development in Vinita has been pushed back and two firms have filed liens against the developers.

By Julie Strupp • Nov. 4, 2024

$500M Kentucky prison gets federal approval for construction

It will be a year before the controversial 500-acre project designed to incarcerate 1,400 people can begin.

By Zachary Phillips • Nov. 4, 2024

October 2024 wins: Contractors report their latest awards

Construction Dive rounds up the newest project wins from some of the country’s biggest builders including Gilbane, Kiewit and Hensel Phelps.

By Construction Dive Staff • Nov. 1, 2024

Decision 2024: Election uncertainty weighs down construction activity

A lack of clarity is impeding progress on projects amid one of the tightest presidential contests in recent memory, builders and economists say.

By Sebastian Obando • Nov. 1, 2024

Clayco breaks ground on $300M hotel near SoFi Stadium

The Kali, part of Marriott Bonvoy’s Autograph Collection, will be located in L.A. Rams owner Stan Kroenke’s 300-acre Hollywood Park mixed-use development.

By Matthew Thibault • Oct. 30, 2024

How contractors and their clients can navigate NDAs

Builders must walk a fine line between sharing their specialized expertise and passing on specific details gained from other owners’ projects, lawyers say.

By Jen A. Miller • Oct. 29, 2024