Construction tech startup Aproplan secures $5.7M in funding

The company has signed an agreement with Belgium's 60 largest construction firms, which are using its software to help digitize the industry.

By Mary Tyler March • July 5, 2017

Bechtel wins $480M London City Airport contract

The five-year contract includes expanding the existing terminal, constructing a passenger pier, adding seven airplane parking areas and building a new taxiway.

By Kim Slowey • June 30, 2017

Developers reveal details of $3B Tampa, FL waterfront development

The 57-acre project will take approximately nine years to complete and will include the first new downtown office building in 25 years.

By Kim Slowey • June 29, 2017

'$5B mile' in Frisco, TX lands new apartment project

The two-building rental complex will be part of the $700 million Gate development.

By Kim Slowey • June 28, 2017

Moody's forecasts growth in homebuilding activity, revenues

Builders continue to face lot and labor shortages while low interest rates and strong employment push demand for housing higher.

By Hallie Busta • June 27, 2017

Caterpillar leads funding round for financial analysis software

The equipment maker's venture captial arm led an $11 million Series A funding round for Alight, which serves the mortgage and mining industries.

By Joe Dyton • June 27, 2017

Google could reduce housing planned near new Mountain View, CA campus

An earlier environmental review found the area could handle up to 10,000 new homes, but new reports lower that figure to 3,000.

By Joe Dyton • June 26, 2017

The 50 States of Construction: Why MI's market is rebounding and thriving

Todd Sachse, CEO of Sachse Construction, explores the factors behind Detroit's revitalization and the labor challenges plaguing contractors throughout the state.

By Emily Peiffer • June 26, 2017

Taiwanese tech giant Foxconn considering $10B US manufacturing investment

Several states are in the running for the massive spend, which could include a $7 billion display panel factory.

By Kim Slowey • June 23, 2017

DC United secures $120M in loans for stadium construction

Goldman Sachs reportedly loaned the soccer club $95 million, and the remaining $25 million came from Maryland-based EagleBank.

By Kim Slowey • June 23, 2017

ABC: Q1 construction backlog grows in all categories

The backlog indicator showed an increase of 8.1% to nine months from the fourth quarter of 2016.

By Kim Slowey • June 22, 2017

Shawmut is getting into the luxury housing market

The Boston-based construction management firm previously built homes upon request for clients of its other projects, which include commercial and cultural work.

By Joe Dyton • June 22, 2017

Lennar sees most home orders in a decade in Q2

Home-sales revenues and deliveries rose during the period, which saw higher home prices and construction costs.

By Joe Dyton • June 21, 2017

Cincinnati planners OK $300M–$500M Children's Hospital expansion

The hospital is a major source of jobs in the region, but critics say it is treating locals unfairly with plans to demolish 16 homes to make way for the project.

By Kim Slowey • June 20, 2017

Skanska USA wins $113M Boston College rec center contract

Designed by Cannon Design, the 242,000-square-foot project's exterior will match the existing Gothic architecture prevalent across the New England campus.

By Kim Slowey • June 20, 2017

Toll Brothers gets creative to find land

The homebuilder is looking to out-of-use retail strips for land closer to the urban, walkable neighborhoods that today’s homebuyers prefer.

By Joe Dyton • June 19, 2017

NY cements $1.6B Moynihan Train Hall deal with Skanska, Related, Vornado

The joint venture will contribute $630 million in exchange for operating rights, and it will perform the renovation under a $1.26 billion design–​build contract.

By Kim Slowey • June 19, 2017

Chicago Vista Tower developer snags $700M construction loan

The financing deal for the $1 billion, 94-story skyscraper marks the city's largest construction loan in history.

By Kim Slowey • June 19, 2017

Contractors for Raiders' Las Vegas stadium to start issuing bid requests in July

To meet the aggressive schedule, representatives from Mortenson and McCarthy said they would begin earthwork and start mobilizing equipment in November.

By Kim Slowey • June 19, 2017

JE Dunn chosen to build $200M World Trade Center Denver

The contractor will deliver the project under a design–​build contract and expects to break ground in early 2018.

By Kim Slowey • June 19, 2017

PCL Construction wins $1.1B Alberta, Canada cancer center contract

This marks the largest design-build, lump-sum contract in the company's history.

By Kim Slowey • June 16, 2017

New Commercial Construction Index predicts a healthy 2017

The U.S. Chamber of Commerce and USG Corporation developed the quarterly economic index in conjunction with Dodge Data & Analytics.

By Kim Slowey • June 16, 2017

Somerville, MA approves rezoning for $1B mixed-use project

The 2.3-million-square-foot Union Square project will be a transit-oriented development once the troubled Green Line light-rail extension is complete.

By Kim Slowey • June 16, 2017

CBRE office is Vancouver, Canada's first WELL Building

The global real estate firm's 30,000-square-foot space earned Gold certification under the WELL category for new and existing interiors.

By Kim Slowey • June 15, 2017

University of Arizona greenlights $300M for campus projects

The largest piece of the program will be delivered as a public-private partnership between the school and American Campus Communities.

By Kim Slowey • June 15, 2017