Corporate News: Page 60
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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 -
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 -
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 -
Deep Dive
4 homebuilders climb in Fortune 500 rankings
All signs are strong for the residential construction industry. We delve into the 2015 successes of the four companies that made the list.
By Emily Peiffer • June 9, 2016 -
Deep Dive
Fortune 500 features 7 construction companies — with 5 surging in the rankings
We delve into each major contractor's financial information from 2015 to find out why some experienced more successful years.
By Emily Peiffer • June 8, 2016 -
Bechtel signs 5-year extension for world's largest industrial development project
The contracting giant's work on the Saudi Arabian Jubail development will primarily focus on educational and residential facilities.
By Kim Slowey • June 7, 2016 -
Gilbane's hiring practices trigger major backlash from NYC trade unions
The contractor has stepped on union toes by hiring a mix of union and nonunion workers on big projects in the city.
By Kim Slowey • June 7, 2016 -
Mortenson-built Vikings stadium snags certificate of occupancy 6 weeks early
The contractor said it will have the $1.1 billion U.S. Bank Stadium complete with plenty of time before the Vikings' first game at the end of August.
By Kim Slowey • June 6, 2016 -
NV construction groups call on Tesla to reexamine gigafactory hiring practices
Union reps said Tesla is allowing a significant number of out-of-state workers onto the project — contradicting its agreement with the state.
By Kim Slowey • June 3, 2016 -
Gensler, Trimble partner on mixed reality technology initiative
The emerging tech allows architects and contractors to remotely interact with 3-D models of a project and inspect details.
By Kim Slowey • June 3, 2016 -
Skanska-led team finalizes $4B LaGuardia P3 contract — marking firm's 'largest project ever'
LaGuardia Gateway Partners will begin construction immediately on the terminal project, which it expects to have substantially completed by 2022.
By Kim Slowey • June 2, 2016 -
35-year-old Brendan Bechtel to take over CEO role in September
The current company president and COO represents the fifth generation of Bechtels to lead the nation's largest construction firm.
By Kim Slowey • June 2, 2016 -
Balfour Beatty lands contract for 39-story Related Group Atlanta high-rise
The tower will be the tallest residential structure built in Atlanta since 2009 and will include 6,500 square feet of retail space.
By Kim Slowey • June 1, 2016 -
First tower in mammoth $25B NYC Hudson Yards development open to tenants
Hudson Yards is expected to generate $18.9 billion for the city by the time the entire project is complete.
By Kim Slowey • June 1, 2016 -
Tesla gigafactory's grand opening set for July
However, the $5 billion, 5.8 million-square-foot facility likely won't be 100% complete by the time of the celebration, according to Fortune.
By Kim Slowey • May 31, 2016 -
Mortenson planning to expand MN headquarters after 'outgrowing' current space
The company is considered a leader in sports venue construction and ranked 18th on the ENR Top 400 Contractors list earlier this month.
By Kim Slowey • May 31, 2016 -
Minneapolis startup plans to fill abandoned lots with modular homes
City officials are praising Smart Homes' efforts to build prefab homes on approximately 350 lots left vacant due to the housing crash.
By Kim Slowey • May 31, 2016 -
Equipment marketplace startup EquipmentShare snags $5.5M investment
The company has been called the "Airbnb for construction" due to its peer-to-peer rental model.
By Kim Slowey • May 26, 2016