Corporate News: Page 50
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Developers of $2B DC Wharf announce designers for second phase
The massive mixed-use project will continue to see construction of residential, retail and office space along the Potomac River.
By Kim Slowey • Feb. 7, 2017 -
Los Angeles Metro considering P3s to accelerate transit project schedules
City officials said they've received unsolicited public-private partnership proposals from several construction teams for two major projects.
By Kim Slowey • Feb. 6, 2017 -
Explore the Trendline➔
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TrendlineTop 5 stories from Construction Dive
Construction Dive editors curate some of the industry’s top stories from this year.
By Construction Dive staff -
Gensler-designed mixed-use tower planned for downtown Los Angeles
The 52-story project has drawn attention because of its design featuring slightly askew, stacked layers.
By Kim Slowey • Feb. 6, 2017 -
84 Lumber's 2017 Super Bowl ad takes on immigration
The building material dealer said it wasn't looking to be political with its ad, which joined a host of others in commenting on the status of immigration in the U.S.
By Hallie Busta • Feb. 6, 2017 -
Skanska invests $392M in Seattle office project
The city is one of the hottest markets for commercial and residential development, in part because tech companies are boosting their presence there.
By Kim Slowey • Feb. 6, 2017 -
University of Miami proposes $100M student housing expansion
The dorm will comprise 23 connected buildings with green roofs and courtyards.
By Sean Barry • Feb. 3, 2017 -
Related partnering with former NY Gov. Spitzer on Hudson Yards development
The 1.4 million-square-foot mixed-use plan includes 400 apartments, which developers say will meet the booming neighborhood's need for residential space.
By Kim Slowey • Feb. 3, 2017 -
Blackstone planning $500M facelift for Chicago's Willis Tower
The project marks the largest investment ever from the developer for an office rehab and is part of an effort to draw more tourists and tenants to the iconic building.
By Kim Slowey • Feb. 3, 2017 -
Lendlease-Turner JV wins $1.5B NYC Javits Center expansion contract
The redevelopment is one of a handful of New York City projects authorized to use the design-build delivery method.
By Kim Slowey • Feb. 2, 2017 -
Developers secure $325M in financing for stalled Seattle mixed-use tower
Progress was held up in court after developer Lobsang Dargey was charged with securities fraud for using EB-5 visa program funds for personal use.
By Kim Slowey • Feb. 2, 2017 -
Related Group taps Balfour Beatty to build Atlanta Whole Foods flagship store
The 72,000-square-foot space will anchor a 39-story, luxury residential high-rise complex also being built by Balfour Beatty.
By Kim Slowey • Feb. 2, 2017 -
Invitation Homes raises $1.54B as REIT IPOs slow
The move by the Blackstone-owned single-family home rental business is the largest IPO from a U.S.-listed company since late 2015.
By Sean Barry • Feb. 2, 2017 -
Construction tech startup Pavia Systems raises $4M to expand national footprint
The Seattle-based company is looking to hasten market deployment of its infrastructure project management software.
By Chris Wood • Feb. 1, 2017 -
Daqri, Microsoft developing smart glasses for construction
Augmented reality can offer data and visual overlays for remote repair and real-time contextual knowledge of job site conditions.
By Chris Wood • Feb. 1, 2017 -
Trimble sponsoring new 3-D building research lab at UMass Amherst
The center will be outfitted with laser scanners, robotic surveying systems, imaging rovers and Global Navigation Satellite System receivers.
By Chris Wood • Feb. 1, 2017 -
Caterpillar to move global headquarters to Chicago area
The move aims to locate the equipment giant closer to the Chicago talent pool and more international transportation options.
By Kim Slowey • Feb. 1, 2017 -
Bechtel set to begin construction on $1.6B NY power plant
The company plans to use local suppliers and contractors to build the Cricket Valley Energy plant, which should create more than 1,000 construction jobs.
By Kim Slowey • Feb. 1, 2017 -
Developer takes on partners for $3B NYC One Vanderbilt high-rise
SL Green has raised $525 million for the 1.7-million-square-foot office project by taking on minority stakeholders.
By Kim Slowey • Jan. 31, 2017 -
Court clears the way for San Francisco megaproject
Opponents of the 5M mixed-use complex said its environmental review was not sufficient and that it lacks adequate affordable housing.
By Kim Slowey • Jan. 31, 2017 -
UPDATE: Casino mogul pulls out of Raiders Las Vegas stadium funding deal
With Sheldon Adelson out of the picture, the team has raised its proposed contribution to $1.15 billion to cover his portion.
By Kim Slowey • Jan. 31, 2017 -
500-foot-tall apartment tower gets construction permit in Chicago's West Loop
One South Halsted will be the tallest building west of the Kennedy Expressway.
By Sean Barry • Jan. 31, 2017 -
Caterpillar lowers 2017 forecast amid declining global construction demand
The equipment giant is in the midst of a massive restructuring that has seen the company shed approximately 16,000 employees.
By Kim Slowey • Jan. 30, 2017 -
ProSales: Home Depot continues to expand pro delivery service
The move comes as major home improvement retailers angle to grow their share of the building material sales market.
By Sean Barry • Jan. 30, 2017 -
Pulte's profits soar in Q4 on rising home sales, prices
The homebuilder continues to benefit from strong market fundamentals as higher labor and land costs squeeze its margins.
By Sean Barry • Jan. 27, 2017 -
$3B American Dream Miami mall project wins preliminary approval
If the massive retail and amusement park complex comes to fruition, it is projected to create 32,000 construction jobs.
By Kim Slowey • Jan. 27, 2017
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