Corporate News: Page 36
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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 -
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 -
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 -
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 -
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 -
$900M housing development breaks ground in Boston's Seaport District
Echelon Seaport will be the second-largest housing complex in the area and will deliver much-needed, for-sale residential inventory.
By Kim Slowey • June 15, 2017 -
Austrian construction company invests in 3-D printing startup
Contour Crafting, which uses robotic systems to construct buildings from CAD data, is currently focused on creating low-cost and emergency housing.
By Emily Peiffer • June 14, 2017 -
Deep Dive
Building a path: How targeted events can draw women into construction
Companies can encourage women and girls to enter the industry by tailoring programs to show them potential career opportunities.
By Mary Tyler March • June 14, 2017 -
CalAtlantic enters Seattle with Oakpointe buy
The national homebuilder wraps up a busy spring with a long-awaited move into the hot Pacific Northwest housing market.
By Hallie Busta • June 14, 2017 -
Report: Gender diversity in architecture improved in 2016
However, the percentage of non-white newly licensed architects remained unchanged.
By Kim Slowey • June 14, 2017 -
MedStar Georgetown wins approval for $567M DC hospital expansion
Construction on the 477,000-square-foot project will begin in January 2018, with expected completion in 2021.
By Kim Slowey • June 14, 2017 -
Amateria1121 [CC BY-SA 3.0 (https://creativecommons.org/licenses/by-sa/3.0)], from Wikimedia Commons
Developer snags $43M construction loan for $1.5B WA mixed-use project
Gramor Development has performed infrastructure work for Waterfront Vancouver and will now move forward with an office building and luxury apartment tower.
By Kim Slowey • June 13, 2017 -
North Miami Beach officials greenlight 19-story, mixed-use project
Developers continue to secure support for large-scale developments in the area — but only as long as they're in highly sought-after locations.
By Kim Slowey • June 13, 2017 -
Construction team to deliver AZ's first P3 highway 3 years early
Connect 202 Partners, including Fluor, Granite, Ames and WSP, restructured the 22-mile project so that the last section could be built all at once.
By Kim Slowey • June 13, 2017 -
6 homebuilders make 2017 Fortune 500
Continued recovery in the housing market and strong price growth nationwide drove the industry's performance in this year’s ranking.
By Hallie Busta • June 12, 2017 -
Ochsner Health plans $100M Baton Rouge, LA expansion
Project officials said the expansion reflects an industry shift from inpatient to outpatient care.
By Kim Slowey • June 12, 2017 -
Deep Dive
The 50 States of Construction: Why robust demand is driving CA contractors to focus on efficiency
DPR management committee member Mike Humphrey explores the current supply-chain bottleneck, building for the tech sector and the future of the booming market.
By Emily Peiffer • June 12, 2017