Corporate News: Page 56
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Real estate startup Compass reaches $1B valuation with latest investment
The company said it aims to transform the "antiquated real estate industry" with its website that centers around broker listings for rentals and home sales.
By Kim Slowey • Sept. 1, 2016 -
Deep Dive
Taylor Morrison exec: Embattled homebuilding industry desperate for new talent and 'future leaders'
In an in-depth interview, Lou Steffens delves into the biggest challenges in housing, as well as why he is optimistic about the industry's "slow and steady" recovery.
By Emily Peiffer • Aug. 29, 2016 -
OSHA fines D.R. Horton, subcontractor $107K for FL safety violations
The agency said it inspected the site of the nation's largest homebuilder as part of its ongoing Regional Emphasis Program on Falls in Construction.
By Kim Slowey • Aug. 26, 2016 -
Construction crews break ground on $250M Los Angeles Football Club stadium
PCL Construction is serving as general contractor for the Gensler-designed project, which is expected to be complete in time for the 2018 MLS season.
By Kim Slowey • Aug. 25, 2016 -
Balfour Beatty scores $198M contract to build phase of DC 'eco-district'
The construction firm will construct 960,000 square feet of mixed-use office space divided between two 12-story buildings, which will be connected by a glass bridge.
By Kim Slowey • Aug. 25, 2016 -
Data management startup DroneDeploy snags $20M funding round
The investment in the company, which focuses largely on the construction and real estate industries, comes just before the new FAA drone rules go into effect.
By Kim Slowey • Aug. 25, 2016 -
Toll Brothers revenue climbs 24% as housing market picks up steam
The homebuilding giant said more customers have seen substantial home equity growth since the recession and are choosing to sell their existing homes to buy new.
By Kim Slowey • Aug. 24, 2016 -
Construction tech startup SmartSite tracks dangerous conditions to improve worker safety
The company, which is starting to field-test with construction firms, uses sensors to monitor noise levels, airborne particulates and UV rays.
By Kim Slowey • Aug. 23, 2016 -
Kiewit wins $60M Milwaukee streetcar contract
City officials said the contractor's experience with urban rail systems gave it a leg up on the competing six companies during the bidding process.
By Kim Slowey • Aug. 22, 2016 -
Smoot-Gilbane tapped to build new DC entertainment-sports arena
The facility, set to open in 2018, will host entertainment events and serve as home court for the WNBA's Washington Mystics.
By Kim Slowey • Aug. 22, 2016 -
Deep Dive
A hidden epidemic: How suicide prevention efforts can transform construction industry culture
The second installment in our two-part series explores how companies can implement concrete change now that the issue of high suicide rates is starting to reach their radar.
By Emily Peiffer • Aug. 22, 2016 -
Deep Dive
A hidden epidemic: Construction suicide data draws industry crisis into the spotlight
"The lack of data kept this under a rock," one industry expert said. "What we've been able to do is move the rock and light up underneath."
By Emily Peiffer • Aug. 22, 2016 -
Skanska USA JV scores $206M MI hospital contract
The project is the latest in a string of hospital contracts for Skanska, as experts predict healthcare will be a primary driver of nonresidential starts this year.
By Kim Slowey • Aug. 18, 2016 -
Balfour Beatty snags $697M Caltrain contract — its largest US project ever
The electricification of the California rail system will help to meet increased ridership and accommodate the High Speed Rail Authority's new bullet train.
By Kim Slowey • Aug. 17, 2016 -
Deep Dive
Tapping into new trade: Will Cuba be the US construction industry's next big market?
The Obama administration has re-established diplomatic relations with Cuba, but regulations on both sides must be overhauled to ensure an American business presence there makes sense.
By Kim Slowey • Aug. 16, 2016 -
NYC developer teams up with Chinese investors to build $3B luxury residential tower
The 1,550-foot-tall Central Park Tower is set to be the tallest residential building in the Western Hemisphere.
By Kim Slowey • Aug. 16, 2016 -
5 construction teams vie for $2.7B LAX people-mover P3 contract
The groups competing for the public-private partnership opportunity include some of the biggest names in infrastructure, including Skanska, Bechtel and Dragados.
By Kim Slowey • Aug. 16, 2016 -
PCL Construction awarded contract for Phase 1 of $1.8B Orlando airport terminal project
The Orlando expansion is the latest in a string of major airport projects across the U.S., as existing facilities struggle to keep up with surging passenger traffic.
By Kim Slowey • Aug. 15, 2016 -
AECOM announces goal to cut greenhouse emissions by 20%
Company officials said reducing its carbon footprint is not only good for the environment but also serves as a boon for business.
By Kim Slowey • Aug. 11, 2016 -
Deep Dive
A future 'hot target' for attackers: How construction companies can improve cybersecurity
Experts say that even small and mid-sized firms are at risk, as "everyone has something of value."
By Kim Slowey • Aug. 11, 2016 -
Minority ownership of residential construction firms on the rise
Despite the overall decline in the number of homebuilding companies between 2007 and 2012, the number of minority-owned firms rose 9%.
By Kim Slowey • Aug. 10, 2016 -
Deep Dive
Lendlease exec: Evolving construction industry trends 'driven by the project'
In an in-depth interview with Construction Dive, 40-year industry veteran Jeff Arfsten looks back on some of the biggest changes he's seen in construction.
By Emily Peiffer • Aug. 10, 2016 -
UPDATE: Cost of Plenary-led JV expansion of UC Merced rises to $1.34B
Officials said the project marks the largest P3 for a state university, and that the partnership structure will ensure the long-term maintenance of the buildings.
By Kim Slowey • Aug. 9, 2016 -
Skanska USA wins $178M DE hospital contract
Construction experts predict the healthcare sector will remain strong through 2017 and propel overall gains in nonresidential building.
By Emily Peiffer • Aug. 5, 2016 -
Gensler named highest-earning US architecture firm for 5th consecutive year
The design giant was the first of any U.S. architecture firm to surpass $1 billion in revenue, a milestone it reached in 2014.
By Emily Peiffer • Aug. 3, 2016