Corporate News: Page 58
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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 -
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 -
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 -
Deep Dive
Filling the void: How construction executives can embrace diversity in an evolving workforce
Experts say targeting the next generation may be the key to business success or failure.
By Shalina Chatlani • Aug. 2, 2016 -
GE unveils plans for $100M Gensler-designed Boston headquarters
The project includes the overhaul of two historic buildings and the construction of a 12-story building, which will serve as General Electric's global headquarters.
By Emily Peiffer • Aug. 2, 2016 -
Hudson Yards developers snag $1.2B loan to build mixed-use tower
The 1.1-million-square-foot skyscraper will be the tallest residential building in the massive New York development.
By Emily Peiffer • Aug. 1, 2016 -
VA bridge commission awards Dragados USA $756M tunnel contract
The five-year undertaking marks the first tunnel boring machine project for the area.
By Kim Slowey • July 29, 2016 -
Caterpillar warns of ongoing profit slide, additional job cuts amid weak global equipment demand
The construction equipment giant said low oil and mined commodity prices as well as instability caused by international events are constraining growth.
By Kim Slowey • July 28, 2016 -
Facebook aims to ease Menlo Park expansion worries with construction of 1,500 apartments
The tech giant's move to help address the housing shortage in Silicon Valley could become a trend among other companies growing their operations in the area.
By Kim Slowey • July 27, 2016 -
Bechtel among international engineering firms competing to oversee Saudi Arabia projects
The winning bidder will run the country's National Project Management Office, which seeks to cut construction costs during the current economic downturn.
By Kim Slowey • July 27, 2016 -
Tesla accelerates construction on $5B gigafactory to meet Model 3 demand
The company has boosted its construction workforce to 1,000, with double shifts running seven days a week.
By Kim Slowey • July 26, 2016 -
Mortenson Construction enters into PLA for $524M Milwaukee Bucks arena project
The agreement establishes a prevailing wage guarantee, dispute resolution process and veteran employment program.
By Kim Slowey • July 26, 2016 -
Turner Construction wins $150M DC United stadium contract
The soccer team said the project should bring 1,000 new construction and permanent jobs to the area.
By Kim Slowey • July 25, 2016 -
Deep Dive
ICYMI: How construction and military veterans can help each other
On Veterans Day, we take a look at how a career in the building industry can help those coming off active duty ease back into civilian life.
By Kim Slowey • July 20, 2016 -
Startup zlien nabs $5M investment for 'fair construction payment ecosystem'
Altos Ventures led this latest $5 million funding round for the cloud-based mechanics lien rights startup.
By Kim Slowey • July 18, 2016 -
Los Angeles Rams select Turner/Hunt JV to build $2.5B stadium
The NFL team expects construction on the stadium, which will represent the most expensive sports venue in the world, to be complete in 2019.
By Emily Peiffer • July 15, 2016 -
20 biggest NYC construction companies saw major boost in 2015 revenue
Gilbane increased its revenue the most of any New York contractor last year, raking in 171% more than it did in 2014.
By Kim Slowey • July 15, 2016 -
Hunt JV suing insurance company for $1.3M revenue loss on Las Vegas arena
Hunt Construction and Penta Building Group claim they never saw the insurance savings promised by broker Aon Risk Services South.
By Kim Slowey • July 14, 2016