Corporate News: Page 61
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Skanska-Hunt settles $1.4B WA convention center termination dispute
Although terms of the deal were not revealed, Washington State Convention Center officials said they can now move forward in hiring a new contractor.
By Kim Slowey • April 28, 2016 -
Bechtel-led team kicks off construction on $1.8B Canadian P3 light rail
The Edmonton Valley Line LRT is the first public-private partnership for the city and the first project for the contractor's new P3 division.
By Kim Slowey • April 27, 2016 -
Purple Line Transit Partners kicks off pre-construction work on $5.6B MD rail project
The Purple Line is one of the biggest public-private partnerships in the country and is only the second to include a private financing component.
By Kim Slowey • April 26, 2016 -
Suffolk plans $22M expansion of Boston HQ
The general contractor said it is expanding its offices in preparation for an estimated 10% increase in its workforce.
By Kim Slowey • April 22, 2016 -
Report: Tishman dominates 2015 NYC construction activity
The four other contractors responsible for the lion’s share of construction in the city last year were Lend Lease, Turner, Two Trees Management and Hudson Meridian.
By Kim Slowey • April 20, 2016 -
Deep Dive
Lean and mean: How to 'maximize value and minimize waste' with Lean Construction
Experts from the AGC and McCarthy Building Companies explain the "5 S's" of the collaborative method.
By Kim Slowey • April 19, 2016 -
GE taps Gensler to design $100M Boston headquarters
GE said it chose the architecture giant from a field of 35 other firms as part of a 10-week, worldwide selection process.
By Kim Slowey • April 15, 2016 -
CA company launches line of $250K customizable prefab tiny houses
Blu Homes' CEO said that designating the homes as accessory dwelling structures provides a "legal loophole" for owners in areas with unfriendly zoning laws.
By Kim Slowey • April 15, 2016 -
Ford announces $1.2B overhaul of MI campus
The 10-year project will see a complete transformation of Ford's Dearborn, MI, campus, including a new research and development center.
By Kim Slowey • April 14, 2016 -
Turner Construction 'back on track' at $300M CA hospital expansion
County officials said the troubled Santa Clara Valley Medical Center project is now 100% staffed and making "significant progress."
By Kim Slowey • April 13, 2016 -
Faraday Future set to break ground on $1B NV factory
The electric car company said construction will be on an accelerated schedule after delays, and the factory will create an estimated 4,500 new jobs in the area.
By Kim Slowey • April 13, 2016 -
BIG's Smithsonian campus design draws fire from critics
At the center of the dispute is a 4-acre garden that will be demolished to make way for a modern outdoor space.
By Kim Slowey • April 12, 2016 -
PulteGroup founder calls CEO appointment 'perhaps the biggest mistake of my career'
William Pulte has initiated a public dispute after the company refused to force out current CEO Richard Dugas, who Pulte criticized for lacking homebuilding experience.
By Kim Slowey • April 12, 2016 -
Skanska scores $38M contract to convert historic San Francisco building into hotel
The building could reopen as a microunit hotel once construction is complete, according to local news outlets.
By Kim Slowey • April 7, 2016 -
$3B Penn Station overhaul draws interest of major construction, finance players
Empire State Development Corp. has been charged with conducting the bidding process for the station’s renovation.
By Kim Slowey • April 6, 2016 -
OR motorists file $2M suit against Kiewit, state over 'crash-prone highway ramp'
The Oregon Department of Transportation said the accidents on the on-ramp were the result of speeding motorists, not construction problems.
By Kim Slowey • April 6, 2016 -
AECOM-Flatiron JV wins $215M CO highway expansion contract
Construction on the design-build project will begin this summer and is expected to be completed in early 2019.
By Kim Slowey • April 6, 2016 -
Turner Construction lands $107M Navy contract
The contract, which could grow to $114 million, includes building an academic facility for Cyber Security Studies at the U.S. Naval Academy in Annapolis, MD.
By Kim Slowey • April 5, 2016 -
Skanska wins $62M OK hospital renovation project
Improvements to the Saint Francis Hospital in Tulsa, OK, include 15,000 square feet of additional surgery space and a 27,000-square-foot "mechanical penthouse."
By Kim Slowey • April 1, 2016 -
Drone startup Airware nabs $30M investment
The company's enterprise focus includes the construction and agriculture industries.
By Kim Slowey • April 1, 2016 -
'Starchitect' Zaha Hadid, 65, dies after heart attack
The famed British architect was the first woman to win the Pritzker Architecture Prize.
By Kim Slowey • April 1, 2016 -
San Diego Chargers unveil details of $1.8B stadium, convention center plan
However, plans for the new facility are contingent on voters approving a 4% hotel tax increase that will pick up some of the project's tab.
By Kim Slowey • March 31, 2016 -
Engineering giant Stantec to acquire MWH Global in $795M deal
"You can now see the plates shifting in a more dramatic and accelerated way toward a new global competitive landscape for design services," one expert told ENR.
By Kim Slowey • March 31, 2016 -
Interior design startup Havenly snags additional $5.8M investment
The most recent funding infusion for the company, founded in 2014, brings Havenly's total Series A financing round to $13.3 million.
By Kim Slowey • March 30, 2016 -
Construction startup Katerra raises $75M in 1st funding round
The company, which received $51 million from Foxconn in January, provides product and smart home design services for the construction industry.
By Kim Slowey • March 29, 2016