Corporate News: Page 58
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Skanska USA wins $153M contract to build Nashville Marriott hotel
Work is already underway on the 33-story, 533-room luxury hotel, and the company expects construction to be complete by June 2018.
By Kim Slowey • July 6, 2016 -
Seattle-based smart home lighting startup Deako raises $3.5M
The company said its system is slated to be installed in 10% of new homes built in Seattle next year.
By Kim Slowey • July 5, 2016 -
Turner Construction breaks ground on $250M DC hotel
The Hilton-branded Conrad luxury hotel is part of the upscale, mixed-use CityCenterDC development.
By Kim Slowey • June 30, 2016 -
Tutor Perini scores $100M MD casino expansion contract
The contracting giant will build a 17-story luxury hotel and event center next to the existing Maryland Live! casino.
By Kim Slowey • June 29, 2016 -
Hunt Construction, CA tribal casino settle 'shoddy work' charges for $20M
Hunt did not accept responsibility for the defective work — claiming it was a warranty issue and the fault of subcontractors, according to the tribe's attorneys.
By Kim Slowey • June 27, 2016 -
Deep Dive
3 key takeaways from ABC's summit on diversity in construction
Construction executives explored the obstacles facing minority-owned businesses in the industry, as well as tactics to grow their presence and their companies.
By Emily Peiffer • June 27, 2016 -
Fluor-led JV finalizes $5.6B MD Purple Line deal
Purple Line Transit Partners will design, build, operate and then maintain the light-rail project for 36 years.
By Kim Slowey • June 24, 2016 -
Facebook reveals CA headquarters expansion details
Architects with Gehry Partners said they aimed to achieve "diversity in architecture" in the project, which includes two buildings, a park and a hotel.
By Kim Slowey • June 24, 2016 -
Tishman Construction to manage $1B NYC One Vanderbilt mixed-use project
When complete, the high-rise next to Grand Central Station will be the second-tallest building in New York City.
By Kim Slowey • June 23, 2016 -
3 construction teams tapped to compete for $1B NYC Javits Center expansion
New York issued proposal requests for the massive project to a Lend Lease-Turner Construction JV, Gilbane Building Company and a Skanska USA-led JV.
By Kim Slowey • June 22, 2016 -
Lennar CEO: Housing's 'new normal' defined by tight inventory, rising prices
Stuart Miller said that while homebuilders are facing land and labor challenges, demand is being constrained by high rents and the mortgage industry.
By Kim Slowey • June 22, 2016 -
Skanska JV wins $200M FL hospital contract
Skanska and its joint venture partner Gates Construction will renovate a portion of the Gulf Coast Medical Center in Fort Myers, FL, as well as build a 366,000-square-foot addition.
By Kim Slowey • June 21, 2016 -
Clark snaps up $616M Army office building contract
Clark will build a multistory office building on the U.S. Army military base at Fort Meade, MD.
By Kim Slowey • June 21, 2016 -
Deep Dive
Mortenson president: Construction industry is 'a prisoner to bids' — but change is on the horizon
In an interview with Construction Dive, Dan Johnson delves into the contractor's high-profile renewable energy and sports divisions, as well as major disruptors in the construction industry.
By Emily Peiffer • June 20, 2016 -
Amtrak proposes $6.5B Philadelphia railyard overhaul
The plan, which still must score approval, includes developing 18 million square feet of "dense urban neighborhood" to create new housing and commercial space.
By Kim Slowey • June 17, 2016 -
CA rail authority approves $63M Tutor Perini change order, extends contract 17 months
The company, which already had a $1 billion contract for the system's first 29 miles, said the authority's lack of necessary land purchases forced costly delays.
By Kim Slowey • June 16, 2016 -
Construction crews top out $672M Atlanta Braves SunTrust Park
Officials said the American Builders JV construction team is on track to deliver the project in 2017 on time and within budget.
By Kim Slowey • June 15, 2016 -
Deep Dive
Making a monument: An inside look at construction of the Smithsonian's new African American museum
The museum opens in September, but Clark Construction offered a sneak peek of the project, detailing the building process and goals for the visitor experience.
By Emily Peiffer • June 15, 2016 -
PulteGroup debuts 'invisible' net-zero energy home
The push for net-zero buildings has been largely reserved for the commercial sector, but the energy efficiency standard is starting to pick up steam in residential.
By Kim Slowey • June 15, 2016 -
Purdue University names developer for $1.2B self-contained, on-campus community project
Browning said it could have a development plan ready in late 2016 or early 2017, with construction set to begin soon after the plan is in place.
By Kim Slowey • June 14, 2016 -
Mortenson tapped to build $485M IL hospital project
The medical facility complex, which includes a hospital and multispecialty clinic, is the biggest project in Rockford, IL, history.
By Kim Slowey • June 13, 2016 -
UPDATE: WA convention center project cost rises to $1.6B; construction timeline unchanged
Developers said the higher price tag is due primarily to rising costs associated with acquiring steel and buying the additional property.
By Emily Peiffer , Kim Slowey • June 13, 2016 -
US company axes partnership with China for Los Angeles-Las Vegas rail line
XpressWest said China Railway International could not get the regulatory approvals necessary to allow the joint venture to proceed.
By Kim Slowey • June 10, 2016 -
Shell's multibillion-dollar PA plant project to create 6K construction jobs
Construction of the petrochemical plant is expected to cost approximately $11 billion and will include a majority union labor.
By Kim Slowey • June 9, 2016 -
Skanska JV snags $77M OH school construction contract
The company will build the three new elementary schools according to LEED Platinum standards and expects to finish construction in 2018.
By Kim Slowey • June 9, 2016