Corporate News: Page 37
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Deep Dive
The 50 States of Construction: How VA thrives on stability amid a supply–demand imbalance
John Lawson, president and CEO of W.M. Jordan Company, explains why the state's biggest construction drivers are "always going to be there."
By Emily Peiffer • June 5, 2017 -
HVAC manufacturer Daikin completes $417M Houston-area campus
The 4.2-million-square-foot plant will eventually employ up to 4,000 people and is expected to draw additional industrial investment to the area.
By Kim Slowey • June 5, 2017 -
Atlanta Falcons' $1.5B Mercedes-Benz Stadium set for August opening
Construction crews recently closed the retractable roof for the first time and are making sure the eight petal-like pieces are aligned correctly.
By Kim Slowey • June 5, 2017 -
Deere to acquire German road equipment manufacturer for $5B
The purchase of Wirtgen Group will allow the equipment giant to expand its global presence in the infrastructure sector.
By Kim Slowey • June 2, 2017 -
Midwest, South boast housing affordability, school quality
Markets in and around Kansas City, MO, Oklahoma City and St. Louis lead HomeUnion's list of top housing markets for families with school-age children.
By Mary Tyler March • June 2, 2017 -
Faraday Future seeking $1B to help jump-start NV factory construction
The electric car manufacturer halted work on the North Las Vegas project in November amid reported financial issues.
By Kim Slowey • June 2, 2017 -
UPDATE: Kansas City, MO accepting bids for new airport terminal
The announcement came after the city received two unsolicited proposals for the $1 billion project, first from Burns & McDonnell and then from AECOM.
By Emily Peiffer , Kim Slowey • June 1, 2017 -
AECOM Tishman tapped to build $1B UK residential tower
When complete, the 67-story Spire London high-rise will be the tallest residential building in Western Europe.
By Kim Slowey • June 1, 2017 -
Los Angeles developer snags $239M loan for luxury high-rise
The U.K.-based Children's Investment Fund provided the loan for the project, which developers say will fill a gap in the area's stock of available ultra-luxury condos.
By Kim Slowey • June 1, 2017 -
Construction on $150M Minnesota United stadium could kick off this summer
The St. Paul, MN, stadium recently secured the property and sales tax breaks necessary to help fund construction.
By Mary Tyler March • May 31, 2017 -
OfferPad joins Zillow's new Instant Offers service
The internet is playing an increasingly important role in the home search and sales process.
By Katy Tomasulo • May 30, 2017 -
Verizon's $1B Irving, TX development nears groundbreaking
The mixed-use project, which will be located across the street from Verizon's local campus, has been in the planning stages for more than a year.
By Kim Slowey • May 30, 2017 -
PlanGrid takes job-site reporting to the cloud with launch of Field Reports
The new mobile and desktop app allows crews to file and update a host of reports, including custom forms, from their mobile devices.
By Hallie Busta • May 30, 2017 -
Chicago selects developer for $1B Union Station overhaul
Riverside Investment & Development expects to kick off the six-year, multiphase project in mid-2018.
By Kim Slowey • May 26, 2017 -
Skanska USA breaks ground on $349M NJ Inspira hospital
The 467,000-square-foot Inspira Medical Center Mullica Hill, in Harrison Township, NJ, will provide 204 beds, an emergency unit and outpatient services.
By Kim Slowey • May 26, 2017 -
Renderings unveiled of $700M luxury condo tower designed by David Adjaye
The exterior of Lightstone Group's 750-foot-tall skyscraper will feature a golden facade with arched windows along the length of the building.
By Kim Slowey • May 25, 2017 -
Skanska USA CEO steps down to former role in leadership shakeup
Anders Danielsson, who currently leads the company's infrastructure and U.K. divisions, will replace Richard Cavallaro as president and CEO of Skanska USA.
By Kim Slowey • May 25, 2017 -
AECOM teams up with Chinese 3-D printing company WinSun
Use of the fabrication method is expanding from being a way to create components on-demand to a means of quickly constructing entire buildings.
By Hallie Busta • May 24, 2017 -
Detroit Red Wings arena costs rise to $863M
The new figure — almost double the original cost estimate — includes $40 million for expenses related to the Detroit Pistons' relocation to the venue.
By Kim Slowey • May 24, 2017 -
Co-living startup HubHaus raises $1.4M as model gains traction
Such projects target young professionals in major cities where affordable rentals can be hard to find and renters may not stick around long enough to buy a home.
By Mary Tyler March • May 24, 2017 -
Developers secure $1.6B loan for NJ American Dream Meadowlands megamall
The multiphase project, which was first approved 14 years ago, has faced delays amid financial issues.
By Kim Slowey • May 23, 2017 -
Miami Worldcenter to house the city's first new downtown office tower in 6 years
Developers of the 45-story Class A office building, which will be part of the $2 billion Worldcenter mixed-use complex, expect to complete the tower by 2021.
By Kim Slowey • May 23, 2017 -
Deep Dive
The 50 States of Construction: Why CO aims to encourage new residents to put down roots
Lucas Mallory of PCL's Denver District discusses the revitalization of the stalled condo market and the challenges that come with increased building activity.
By Emily Peiffer • May 22, 2017 -
Frisco, TX approves 17-story luxury residential tower at Dallas Cowboys' HQ
The building — part of the Star in Frisco development — is the first high-rise approved by the city.
By Kim Slowey • May 22, 2017 -
Officials OK $670M master-planned community in Seattle suburb
The project will feature a lake peninsula as well as 1,500 homes, a hotel, retail space and an 850,000-square-foot lifestyle center.
By Kim Slowey • May 22, 2017