Corporate News: Page 36


  • TX beach development plans $1.3B expansion

    Cinnamon Shore, in Port Aransas, TX, is the latest mixed-use community in the state to announce a major revamp.

    By Kim Slowey • July 6, 2017
  • 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
  • Construction site Explore the Trendlineâž”
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    sandsun via 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
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    Wikimedia
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    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
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    Deborah Barrington
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    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
  • Deep Dive

    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 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
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    Paul Rivera Photography (PRNewsfoto/Shawmut Design and Construction)
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    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
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    Fotolia
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    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
  • 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