Corporate News: Page 36


  • Balfour Beatty to sell Heery to CBRE for $57M

    The U.K.-based contractor's ownership of the U.S. design services and construction management firm created a conflict of interest on some projects.

    By Kim Slowey • Oct. 6, 2017
  • Study: These cities are most likely to win Amazon's $5B HQ2 bid

    New York City topped the list due to its transportation systems and supply chain access, though the high business costs there could be a deterrent.

    By Kim Slowey • Oct. 4, 2017
  • 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
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    Kiewit wins $164M Honolulu container terminal project

    The terminal is part of the Hawaii Department of Transportation's $850 million plan to update the state's harbors and ports.

    By Kim Slowey • Oct. 2, 2017
  • Developer proposes 90-story tower for Denver

    If Greenwich Realty Capital's luxury residential project is approved, it would rise more than 30 stories above the city's tallest building.

    By Kim Slowey • Sept. 29, 2017
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    Kendall Davis
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    Deep Dive

    The 50 States of Construction: Tight labor and big jobs keep IA contractors busy

    Weitz Executive Vice President Mike Tousley explains how the state's low unemployment rate and strong demand is impacting construction.

    By Hallie Busta • Sept. 27, 2017
  • NYCFC in bid to develop soccer stadium near NY's Belmont Park

    The Major League Soccer club isn't the only professional team that wants to develop the site, which is located away from the city center and public transit.

    By Kim Slowey • Sept. 27, 2017
  • Texas Rangers reveal design for new $1B ballpark and prepare to break ground

    The new ballpark will seat 41,000 people — 9,000 fewer than the Rangers' current home — for a more intimate fan experience.

    By Kim Slowey • Sept. 26, 2017
  • Mott MacDonald to lead master plan for $10B JFK redevelopment

    New York Gov. Andrew Cuomo has said the project could generate up to $7 billion in private investment.

    By Kim Slowey • Sept. 26, 2017
  • Mercedes-Benz plans $1B investment in US electric vehicle production

    The outlay includes a 1 million-square-foot electric car battery factory in Tuscaloosa, AL, and the expansion of an existing plant nearby.

    By Kim Slowey • Sept. 25, 2017
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    Caterpillar
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    Caterpillar plans to scale up autonomous truck fleet

    The equipment maker's move is a likely catalyst for self-driving vehicles to make their entrance on construction sites in the coming years.

    By Mary Tyler March • Sept. 20, 2017
  • Walmart is building a new AR headquarters

    The project, set for completion in the next five to seven years, will consolidate the retailer's offices dispersed around its hometown of Bentonville, AR.

    By Daphne Howland • Sept. 19, 2017
  • Costs and height increase with Dan Gilbert's latest plans for a new Detroit tower

    Project officials said construction should start on schedule but could not commit to the original plan for completion in 2020.

    By Kim Slowey • Sept. 18, 2017
  • Cleveland Cavaliers begin $140M Quicken Loans Arena overhaul

    Activists withdrew a referendum last month that could have stopped public financing for the project, potentially killing the upgrades altogether.

    By Kim Slowey • Sept. 18, 2017
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    Cities weigh the long-term commitment of an Amazon HQ

    The winner will need a large airport, mass transit, plenty of available housing, the ability to offer economic incentives and plenty of space to build.

    By Hallie Busta • Sept. 13, 2017
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    Kendall Davis
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    Deep Dive

    The 50 States of Construction: JE Dunn CEO Gordon Lansford on MO's construction revival

    The Midwest state's diverse economy is on the upswing, and the construction industry there is well-poised to benefit.

    By Hallie Busta • Sept. 12, 2017
  • Marriott developer expands plan for new $600M headquarters

    The updated design puts the complex at 1 million square feet, including office, retail and hotel space.

    By Kim Slowey • Sept. 5, 2017
  • CH2M loses $57M management deal for $2B Boston Green Line

    The contractor was disqualified because its new parent, Jacobs Engineering, is bidding to build the light-rail extension.

    By Kim Slowey • Aug. 31, 2017
  • Allegiant Air is building a $600M FL beachfront resort

    The budget airline is positioning the resort like its service footprint, targeting families from small Midwest cities with underserved airports.

    By Kim Slowey • Aug. 31, 2017
  • $250M LG appliance factory breaks ground in TN

    The facility, which represents continued foreign direct investment in U.S. manufacturing, will be able to turn out a new washing machine every 10 seconds. 

    By Kim Slowey • Aug. 29, 2017
  • Elon Musk's Boring Company gets the OK to tunnel under Los Angeles suburb

    The 12.5-foot-wide tunnel is intended to test a system of electric sleds that can move vehicles at speeds of up to 125 mph.     

    By Kim Slowey • Aug. 28, 2017
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    WeWork
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    WeWork gets $4.4B investment to expand co-working business

    The capital injection, from Japanese conglomerate SoftBank, makes the company one of the largest privately held sharing economy startups.

    By Kim Slowey • Aug. 28, 2017
  • IA to give Apple $208M in tax breaks for $1.3B data center

    Local officials are banking on the project to fuel economic expansion in the rapidly growing rural community.

    By Kim Slowey • Aug. 28, 2017
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    Kendall Davis
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    Deep Dive

    The 50 States of Construction: KY contractors ride a wave of industrial expansion

    Gray Construction EVP Jeff Bischoff discusses how new growth in the manufacturing and industrial sector there is impacting construction.

    By Hallie Busta • Aug. 24, 2017
  • Port of Charleston, SC plans for new $762M terminal

    The new Leatherman Terminal is part of an effort to double the port's capacity.

    By Kim Slowey • Aug. 23, 2017
  • Seattle's Sound Transit hires JV to manage $5.6B of light-rail construction

    Northwest Transit Systems Partners will oversee construction of the world's first floating passenger light-rail bridge as one of two projects in the contract.

    By Kim Slowey • Aug. 22, 2017