Corporate News: Page


  • 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
  • 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
  • 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
  • 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
  • Image attribution tooltip
    Fotolia
    Image attribution tooltip

    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
  • $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
  • 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
  • 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 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
  • 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
  • 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
  • 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
  • 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
  • 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
  • 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
  • Image attribution tooltip
    Kendall Davis
    Image attribution tooltip
    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 June 12, 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
  • Fortune 500 features 7 engineering, construction companies

    Fluor once again came out on top within the sector at No. 149 overall — six spots higher than in the previous year's ranking.

    By Kim Slowey • 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
  • Skanska USA completes $119M FL bridge

    In addition to the 2.5-mile bridge, the company also worked on a 400-foot fishing pier, boat ramps, docks, a public park and associated roadwork.

    By Kim Slowey • June 9, 2017
  • Developer revives plan for 17-story mixed-use tower in Bethesda, MD

    JBG Cos. first secured approval for the project — which will feature 475 apartments and 21,000 square feet of retail — in 2013, but it halted progress in 2015.

    By Kim Slowey • June 9, 2017