Bechtel ranks 7th on Fortune list of 25 most important private companies

The magazine said the construction giant has "arguably changed the face of the physical world more than any other company, anywhere."

By Kim Slowey • May 19, 2016

TN launches Go Build construction workforce development initiative

State officials joined industry groups in their efforts to change public misconceptions about careers in the trades and combat the worker shortage.

By Emily Peiffer • May 19, 2016

KB Home exiting DC market after struggle to 'gain enough traction'

The nation's sixth-largest homebuilding company said it will focus its efforts on real estate markets where it has a stronger presence.

By Kim Slowey • May 18, 2016

Facebook unveils Frank Gehry-designed Seattle office

The social media giant is growing its Seattle engineering operations to take advantage of the talent pool from the University of Washington and rival companies.

By Kim Slowey • May 17, 2016

Tishman Speyer planning glass 'kaleidoscope' office building in DC

The developer said it is confident that there will be a market for speculative "trophy" space when construction is complete.

By Kim Slowey • May 17, 2016

Turner-Kiewit, PCL have inside track for $1.8B Orlando airport expansion contracts

If selected, the two teams will serve as construction managers at risk for the "Landside Terminal" and "Airside Terminal" projects set for completion in 2018.

By Kim Slowey • May 17, 2016

Plenary Group team wins P3 contract for $587M Winnipeg transit project

The undertaking — marking the largest-ever capital project for the city — is the latest in a string of public-private partnerships in Canada.

By Kim Slowey • May 16, 2016

Magic Johnson pivots to infrastructure fund after $1B investment

The former NBA star launched JLC Loop Capital Partners after President Obama promised an influx in government infrastructure spending. 

By Kim Slowey • May 16, 2016

Caterpillar eager to dig into Cuban market once Congress lifts embargo

The equipment manufacturer hopes the opportunity to expand into Cuba will help boost its earnings, which have been falling amid declining demand. 

By Kim Slowey • May 13, 2016

CPG partners with 84 Lumber on tiny house product line

84 Lumber will incorporate CPG's AZEK siding and trim into the lumber company's "Tiny Living" line of small homes.

By Kim Slowey • May 13, 2016

Hyperloop One scores $80M investment, passes first propulsion test

Company officials said they changed the name to Hyperloop One to signal their intent to be the first to have a functioning Hyperloop system.

By Kim Slowey • May 12, 2016

Tesla gigafactory construction 14% complete as company accelerates battery production

350 Tesla employees are already working at the factory, which will span 5.8 million square feet when completed.

By Kim Slowey • May 10, 2016

Los Angeles approves construction of $250M Gensler-designed soccer stadium

The Los Angeles Football Club expects the project, under general contractor PCL, to create 1,200 construction jobs and 1,800 full-time jobs when complete.

By Kim Slowey • May 9, 2016

Report: FL officials at odds with Tutor Perini after 'very difficult' dispute process

The Broward County Board of County Commissioners must decide whether the contractor will be a part of the construction team on its new convention center hotel.

By Kim Slowey • May 9, 2016

CA mayor urges Apple to pay for burden on local infrastructure

Construction is still underway on Apple's new headquarters building, commonly referred to as the "Spaceship," in Cupertino. 

By Kim Slowey • May 6, 2016

Quiz: What's your construction safety IQ?

Safety Week 2016 might be over, but you can still find out if you're a construction safety expert.

By Emily Peiffer • May 6, 2016

Builder unveils list of top 100 homebuilders in 2015

The top 100 companies were responsible for 240,190 homes closed in 2015 and raked in total revenue of $70.4 billion.

By Kim Slowey • May 6, 2016

Gilbane pushes OSHA to adopt 6-foot mandatory harness rule for all workers

The company said its stringent use of safety harnesses has protected at least 20 employees from potentially fatal falls.

By Kim Slowey • May 5, 2016

Commercial real estate platform VTS scores $55M in latest funding round

Much like construction, the real estate industry has been relatively technology-resistant — a fact that the company's CEO said offers significant opportunity.  

By Kim Slowey • May 5, 2016

Report: WA convention center paid Skanska-Hunt $8M in dispute settlement

The agreement allows convention center officials to choose a new contractor for the $1.4 billion renovation.

By Kim Slowey • May 4, 2016

Skanska USA CEO: Ethical, safety issues have 'bludgeoned' construction; industry must evolve

In an in-depth interview with Construction Dive, Richard Cavallaro said the building industry "needs to start behaving better than we have."

By Emily Peiffer • May 4, 2016

'No accident is acceptable': How to foster an effective construction site safety culture

Safety Week is underway, and experts offer a look into their efforts to ensure that all employees think of "safety always."

By Kim Slowey • May 3, 2016

Caterpillar announces 5 US plant closings amid waning equipment demand

The Illinois-based company, which has 114,000 global employees, said its 2016 revenue will be 38% lower than its 2012 high of $66 billion.

By Kim Slowey • May 2, 2016

Construction software giant Textura snapped up by Oracle in $663M deal

The purchase of Textura — which boasts industry heavyweights like PCL and Clark as clients — is expected to close by the end of 2016.

By Kim Slowey • April 29, 2016

Google parent Alphabet exploring 'city building' project

Sidewalk Labs has prepared a proposal to create a smart city district — complete with housing, retail and office space — within an existing city.

By Kim Slowey • April 28, 2016