Corporate News: Page 63
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Fluor JV wins contract for $3.3B MD Purple Line rail project
Purple Line Transit Partners will design, build and maintain the long-awaited light-rail line as part of a public-private partnership.
By Kim Slowey • March 3, 2016 -
3 US construction industry execs claim spots on Forbes' billionaires list
Diane Hendricks, of ABC Supply, as well as Stephen Bechtel Jr. and Riley Bechtel, of construction giant Bechtel, made the list of the world's 1,810 billionaires.
By Kim Slowey • March 2, 2016 -
UPDATE: Tesla gigafactory construction workers return to job site after protest
However, union leaders have said the matter is far from resolved.
By Kim Slowey • March 1, 2016 -
UPDATE: NY pays $82.4M owed to SolarCity factory contractors; workers to return to project
Lawmakers are scrambling to figure out how they could have fallen so far behind on payments to contractors.
By Kim Slowey • March 1, 2016 -
OR animal rights activists barred from protesting near Skanska execs' homes
Activists have been protesting the construction of an animal research facility that Skanska USA is building at the Unversity of Washington in Seattle.
By Kim Slowey • Feb. 29, 2016 -
Deep Dive
'Who can be the catalyst?' Forum explores roots of construction labor shortage, and 4 solutions
One expert during HomeAdvisor's Insights Forum said a pivotal obstacle hindering the return of the missing workers is the fact that society has "denigrated the nobility of the trades."
By Emily Peiffer • Feb. 29, 2016 -
Tutor Perini wins $285M CA casino expansion contract
The resort expansion project includes adding a hotel wing and a two-story spa and salon.
By Kim Slowey • Feb. 26, 2016 -
NYC pivots to BIG design for Bronx police station after scrapping original plans
Officials said the initial design, which was halted during the financial crisis in 2008, did not meet new standards for sustainability or improve the environment for interaction between the community and police.
By Kim Slowey • Feb. 24, 2016 -
Gensler forecast: 6 megatrends in design driven by technology
The architecture giant aims to predict factors in the community sector, workplace sector and lifestyle sector that will shape cities in the next 10 years.
By Kim Slowey • Feb. 24, 2016 -
Fluor, Toll Brothers named Fortune's Most Admired companies in construction
Both companies scored high in the categories of innovation, quality of management, financial soundness and quality of products and services.
By Kim Slowey • Feb. 23, 2016 -
Mortenson, Vikings stadium authority reach tentative deal in change order dispute
The Minnesota Sports Facilities Authority estimates that up to $12 million in additional costs could arise before the stadium is finished, bringing the total in disputed extras to nearly $30 million.
By Kim Slowey • Feb. 22, 2016 -
Deep Dive
NAHB Chief Economist David Crowe talks retirement after 40 years in the housing world
Crowe told Construction Dive about his experiences with the housing crash, changing demographics and the "remarkable builders" he's worked with during his time in the industry.
By Emily Peiffer • Feb. 19, 2016 -
Construction industry tackles suicide prevention with new initiative
Experts said the "tough guy" atmosphere in the industry often prevents workers from seeking help for depression and other mental health issues.
By Kim Slowey • Feb. 18, 2016 -
CH2M, TX highway authority reach agreement for contractor to complete work
CHM2 has submitted more than $46 million in change order requests to the Central Texas Regional Mobility Authority for costs related to unforeseen job conditions, weather delays and labor shortages.
By Kim Slowey • Feb. 17, 2016 -
Fluor JV claims Caltrans owes $50M in extra costs for Bay Bridge
The bridge has been the subject of controversy after a partial anchor rod failure and a projected $140 million in cost overruns.
By Kim Slowey • Feb. 16, 2016 -
NY developer Glenwood to pay $1M in Fair Housing Act lawsuit settlement
Manhattan U.S. Attorney Preet Bharara said one of Glenwood's buildings in particular "was designed and constructed with scores of inaccessible features."
By Kim Slowey • Feb. 16, 2016 -
KB Home settles FL building defects claim for $23.5M
The homebuilding giant has now spent more than $71 million to fix water intrusion issues in 1,700 of its Florida homes.
By Kim Slowey • Feb. 16, 2016 -
Stantec to purchase Chicago architectural firm VOA
The deal aligns with the recent trend of consolidation in the A/E/C industry.
By Kim Slowey • Feb. 16, 2016 -
Amateria1121 [CC BY-SA 3.0 (https://creativecommons.org/licenses/by-sa/3.0)], from Wikimedia Commons
Developer proposes $1.5B Portland, OR, mixed-use project
The city has been growing in several construction sectors, from data center development to claiming one of the spots on Zillow's "hottest" housing markets of 2016 list.
By Kim Slowey • Feb. 10, 2016 -
Report: Switch selects Christman Co. as general contractor for $5B MI data center
While Switch executives anticipate moving into the 680,000-square-foot former Steelcase pyramid building later this year, they say construction on the entire data center project could take up to 10 years.
By Kim Slowey • Feb. 9, 2016 -
Illinois to build 1st P3 managed lane in state's history
Officials estimate the state will save $435 million by using a public-private partnership to add a a managed lane to I-55.
By Kim Slowey • Feb. 8, 2016 -
Skanska Q4 profit beats estimates; orders fall with client delays, company's 'more cautious' approach
The construction giant's CEO said Skanska saw higher-than-expected prices for commercial properties in booming U.S. markets, "which is one reason group profit overshoots guidance."
By Kim Slowey • Feb. 5, 2016 -
Mortenson: Nonresidential construction costs expected to rise 3%-4% in 2016
The company reported that construction employment has leveled off in several of their tracked markets, but nonresidential building activity is healthy.
By Kim Slowey • Feb. 5, 2016 -
Tesla CEO Musk: New version of Powerwall is coming in summer 2016
While Musk did not detail any changes to the home battery product, multiple outlets report that the new offering could use batteries produced in the company's Nevada Gigafactory.
By Gavin Bade • Feb. 3, 2016 -
Striving for an architecture 'revolution': Startup Architizer scores $7M investment
TechCrunch noted that the recent surge in construction startup activity and the investment in Architizer shows that "if you're building it, venture capital will come."
By Kim Slowey • Feb. 3, 2016