Corporate News: Page 40
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Deep Dive
Lendlease exec: Why protecting workers on the job site is critical to bottom-line success
The theme of Safety Week 2017, "It's in our hands," emphasizes the role that each project team member plays in job-site safety.
By Emily Peiffer • May 1, 2017 -
CalAtlantic posts strong Q1 as high prices, costs shrink margins
A shift in community mix, competitive pricing and higher construction costs proved to be a drag on gross margin during an active spring selling season.
By Katy Tomasulo • May 1, 2017 -
Lennar breaks ground on one of Broward County, FL's last big housing developments
The WCI community is one of the last large-scale developments in a market where high prices and limited affordable inventory are pushing some residents out.
By Katy Tomasulo • May 1, 2017 -
Deep Dive
'We'll be left behind': How equity can keep architecture relevant
Experts implored the industry to step up its efforts to recruit underrepresented groups, improve the workplace and design with local communities in mind.
By Emily Peiffer • May 1, 2017 -
Aluminum company set to build $1.3B KY plant
The state's recent passage of legislation favoring open-shop work policies played a major role in Braidy Industries' decision.
By Kim Slowey • April 28, 2017 -
Michelle Obama talks architecture in first appearance since leaving the White House
The former first lady offered advice for how the industry can attract a more diverse workforce and encourage work-life balance.
By Emily Peiffer • April 28, 2017 -
Beckham-led group gets investor boost for $300M Miami MLS deal
The effort to bring a new soccer franchise and stadium to the city has been stalled for three years due to lack of financing and a viable plan.
By Kim Slowey • April 28, 2017 -
Mortenson plans first building at $6B MN Mayo Clinic complex
The project is part of the company's Destination Medical Center, which it says is the largest public–private economic undertaking in state history.
By Kim Slowey • April 28, 2017 -
Wynn Resorts OKs $1.5B lagoon-themed Las Vegas project
Paradise Park, which will include a 20-acre water feature with a white-sand beachfront, will be built on Wynn's existing Las Vegas Strip property.
By Kim Slowey • April 27, 2017 -
Republic Property Group opens first phase of 7,200-acre Walsh development
Texas leads in master-planned communities in-progress as home prices and sales across the state continue to climb.
By Mary Tyler March • April 27, 2017 -
AECOM leading UK driverless vehicle trial
The Capri Consortium secured a $5.37 million grant from Innovate UK and the Centre for Connected & Autonomous Vehicles to create the connected shuttles.
By Emily Peiffer • April 26, 2017 -
Cleveland approves $140M Cavaliers arena renovation deal
The NBA team agreed to a series of guarantees and measures that will benefit the community in order to make the financing deal more attractive for the city.
By Kim Slowey • April 26, 2017 -
2 new residential high-rises proposed for '$5B mile' in Frisco, TX
Developers of the Star in Frisco have proposed a 17-story apartment building, and Frisco Station officials want to build a 24-story residential tower.
By Kim Slowey • April 26, 2017 -
Pulte exceeds Q1 2017 profit projections, falls short on revenue
Home orders at the nation's third-largest builder rose 8.4% during the period, while it noted that concerns over rising interest rates haven't tempered demand so far.
By Katy Tomasulo • April 26, 2017 -
Completion of American Dream Miami megamall could be pushed to 2022
Officials are holding the project while work is underway on infrastructure improvements surrounding the development.
By Kim Slowey • April 25, 2017 -
Gilbane starts construction on Wayne State University housing — part of $1.4B P3
Developer Corvias will manage the new 395,000-square-foot student housing complex in Detroit, which is expected to fully open in 2019.
By Kim Slowey • April 25, 2017 -
CalAtlantic opens 6 communities in one busy weekend
Most are priced from the $200,000s to the $400,000s and are located in active suburbs of Atlanta, Minneapolis, Chicago, Austin, TX, and Houston.
By Katy Tomasulo • April 25, 2017 -
Deep Dive
The 50 States of Construction: How MD companies thrive on local expertise
Bozzuto Construction President Mike Schlegel discusses opportunities in urban areas, strength in the multifamily sector and concerns over a limited talent pool.
By Emily Peiffer • April 24, 2017 -
CA revokes license of contractor in Berkeley balcony collapse
The decision is part of a settlement with state officials regarding allegedly shoddy work that led to the 2015 incident, which killed six and injured seven.
By Kim Slowey • April 24, 2017 -
Centene breaks ground on $770M MO mixed-use campus expansion
When the two phases of the HOK-designed project in Clayton, MO, are complete, it will feature office, retail, hotel and residential space.
By Kim Slowey • April 24, 2017 -
KB Home racks up Energy Star, LEED Platinum projects in 2016
The company's annual corporate sustainability report estimates it prevented greenhouse gas emissions equal to that of 335,000 vehicles last year.
By Mary Tyler March • April 24, 2017 -
WeWork wading into private office design, construction arena
The shared workspace provider aims to tap into the larger commercial real estate market with its new enterprise division for companies that want entire buildings.
By Kim Slowey • April 21, 2017 -
Trinity Health picks contractor to replace Mortenson on $275M ND hospital complex
The healthcare company said it terminated its contract with Mortenson after the construction firm's estimated costs exceeded the projected budget.
By Kim Slowey • April 21, 2017 -
Caterpillar selects Chicago suburb of Deerfield, IL for new global HQ
The move aims to give the equipment giant better access to global clients and to the Chicago talent pool.
By Kim Slowey • April 21, 2017 -
D.R. Horton raises revenue, home sales forecasts after strong Q2
The national builder is targeting double-digit annual growth in revenues and pre-tax profits while maintaining positive operating cash flows and returns.
By Katy Tomasulo • April 21, 2017