Corporate News: Page 59
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Chicago officials award Arup $6M contract to develop designs for Union Station overhaul
Mayor Rahm Emanuel said he will seek federal assistance to help fund the project, which will likely cost hundreds of millions of dollars.
By Kim Slowey • July 13, 2016 -
Brookfield announces record-setting $14B infrastructure fund
The Canadian asset management firm said interest in private infrastructure investment has surged as government funding has fallen short.
By Kim Slowey • July 13, 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 -
Google, LinkedIn strike massive Silicon Valley land swap deal
The swap, which involves 1 million square feet of existing buildings and 2.4 million square feet of development land, follows a real estate battle between the tech giants.
By Kim Slowey • July 13, 2016 -
Skanska USA wins $398M Pensacola Bay Bridge contract
The company's proposed price, which beat the next-lowest bid by $69 million, pushed it to the top of the Florida Department of Transportation contractor rankings.
By Kim Slowey • July 12, 2016 -
Tishman Speyer, Qatari Diar partner on $700M Long Island City mixed-use development
Shared office space company WeWork will anchor the 1.1-million-square-foot, two-tower office complex, which developers expect to complete in 2019.
By Kim Slowey • July 12, 2016 -
Dallas/Fort Worth airport awards AECOM $100M improvement contract
The construction giant has served as a consultant to DFW for the last 30 years and is in progress with $2.7 billion in renovations to two airport terminals.
By Kim Slowey • July 12, 2016 -
Related Group wins $307M FL affordable housing redevelopment project
Miami-Dade officials said the project will create 6,100 construction jobs, with 30% going to Liberty Square or public housing residents.
By Kim Slowey • July 11, 2016 -
USGBC CEO Rick Fedrizzi pivots to leadership role at WELL Building group
Fedrizzi, who will serve as International WELL Building Institute CEO and chairman, was a co-founder of the U.S. Green Building Council.
By Kim Slowey • July 7, 2016 -
CDC: Construction has second-highest suicide rate across all industries
The unstable nature of construction work and the "tough guy culture" could be factors in the high risk of suicide in the industry.
By Kim Slowey • July 7, 2016 -
Denver airport taps Ferrovial to develop terminal project P3
Ferrovial operates several U.K. airports and beat out Westfield Corp., Manchester Airport Group and Plenary Group for the chance to negotiate a P3 for the project.
By Kim Slowey • July 6, 2016 -
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