Corporate News: Page 42
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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 -
Tri Pointe makes big moves at 6 Southern CA communities
The plan covers nearly 8,000 homes, most of which have yet to be built, at a time when the state's housing inventory is in short supply.
By Katy Tomasulo • April 21, 2017 -
Explore the Trendline➔
sandsun via Getty ImagesTrendlineTop 5 stories from Construction Dive
Construction Dive editors curate some of the industry’s top stories from this year.
By Construction Dive staff -
Developer proposes $225M riverfront mixed-use project in St. Paul, MN
Cardon Development Group is still in talks with local officials for the 4.77-acre parcel but said construction could begin as early as next year.
By Kim Slowey • April 20, 2017 -
MA Port Authority selects Omni to build $550M hotel in Boston
The hotel, which will be the fourth-largest in the city, will feature two 21-story towers totaling 800,000 square feet and approximately 1,054 rooms.
By Kim Slowey • April 20, 2017 -
Deep Dive
How pull planning can streamline project schedules, encourage collaboration
The method, associated with lean principles, involves all project stakeholders getting together to reverse engineer the schedule and establish clear milestones.
By Kim Slowey • April 20, 2017 -
Bechtel opens welding tech innovation, training center
The Houston facility offers virtual training and augmented reality simulations to give workers practical experience in a controlled environment.
By Emily Peiffer • April 19, 2017 -
Construction tech, offsite startup Katerra raises $130M
The company's $1 billion valuation highlights growing investor interest in platforms that aim to transform the building industry.
By Emily Peiffer • April 19, 2017 -
FL transit agency selects design–build team for $235M parkway
Superior Construction is the lead contractor for the project and will start work on the 6-mile, elevated toll road later this year.
By Kim Slowey • April 19, 2017 -
2017 on pace to be fastest-selling year on record
The average home in March went under contract in 49 days, compared to 60 days the year before, according to Redfin.
By Mary Tyler March • April 19, 2017 -
UPDATE: CA awards Kiewit $275M contract to repair Oroville Dam
Work on the two spillways is expected to start in late May and last through 2018.
By Emily Peiffer , Kim Slowey • April 18, 2017 -
NJ officials approve plan for $1B Virtua hospital
The healthcare company must still meet several conditions, including an environmental review, before it can move forward with construction.
By Kim Slowey • April 18, 2017 -
Pre-crash MD land deal does Lennar in for $114M
The Miami-based builder lowered and restated its first-quarter 2017 earnings, applying $140 million toward the litigation.
By Katy Tomasulo • April 18, 2017 -
Active-adult 'pocket neighborhood' opens near Raleigh, NC
Developer TIMU Group uses clustering to foster community engagement to levels that might not be as accessible in neighborhoods with street-facing homes.
By Mary Tyler March • April 18, 2017 -
MO city council puts 90-day hold on shipping container projects
Shipping containers are growing in popularity for residential construction and secondary-use buildings, causing municipalities to consider them in local codes.
By Mary Tyler March • April 18, 2017 -
GA offers $3M contractor bonus for early delivery of I-85 replacement
A week after the Interstate 85 collapse, transportation officials announced their plans to fast-track the repair schedule to 10 weeks.
By Kim Slowey • April 17, 2017 -
Skanska to begin construction on $151M Houston mixed-use tower
Bank of America will anchor the 35-story, Gensler-designed project, which is the first building in Houston to earn LEED v4 Platinum pre-certification.
By Kim Slowey • April 17, 2017 -
Deep Dive
The 50 States of Construction: How competition, steady demand are defining the TX market
Linbeck President and CEO David Stueckler explores the state's economic resilience, regulations that could alter the industry and public sector optimism.
By Emily Peiffer • April 17, 2017 -
AECOM announces new federal construction division
Vern Kuehn, a former Kiewit executive, will lead the engineering and construction giant's new business unit.
By Kim Slowey • April 17, 2017 -
Mayflower survey finds many millennials are 'vacation movers'
Millennials say they are moving for employment opportunities or to explore life in a new city, but many don't plan on staying for the long haul.
By Mary Tyler March • April 17, 2017 -
Related Group cancels Miami luxury condo project
The developer's decision to axe the Auberge Residences is another sign that the area's luxury condo market could be slowing down.
By Kim Slowey • April 17, 2017 -
Deep Dive
How colleges, companies can work together to develop future construction leaders
A combination of classroom experience and practical input from professionals can prepare students for a successful career and offer firms access to top talent.
By Kim Slowey • April 13, 2017 -
Century Communities, UCP to merge in $336M deal
Expect growth in homebuilding M&A activity this year as builders seek to tap new market segments, such as entry-level, and their access to capital improves.
By Katy Tomasulo • April 13, 2017 -
Down payments still a barrier for renters looking to own
As home prices rise, lenders are responding to many renters’ inability to put the conventional 20% down with loan products that let them pay less up front.
By Mary Tyler March • April 13, 2017 -
Deep Dive
A walk through Autodesk's Pier 9 digifab lab in San Francisco
The software juggernaut is testing the future of digital fabrication technology on a rehabbed pier in the city's Embarcadero district, with more such facilities to come.
By Hallie Busta • April 12, 2017 -
Deep Dive
How construction firms are integrating new technology into their workflows
Successful companies have both formal and informal processes in place to get employees involved with identifying innovations that could transform the job site.
By Jean Thilmany • April 12, 2017