Corporate News: Page 70


  • Mortenson/Clark joint venture scores contract to build $1B Golden State Warriors arena

    The franchise is privately funding the arena with an unnamed financial institution and expects it to be open in time for the 2018-2019 NBA season.

    By Kim Slowey • Oct. 15, 2015
  • Skanska posts $74M in write-downs in U.S. construction operations

    Although the Swedish construction giant recently announced plans to expand its office development operations in the U.S., it has also been involved with some high-profile project controversies.

    By Kim Slowey • Oct. 15, 2015
  • Construction site Explore the Trendline
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    sandsun via Getty Images
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    Trendline

    Top 5 stories from Construction Dive

    Construction Dive editors curate some of the industry’s top stories from this year.

    By Construction Dive staff
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    Emily Peiffer
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    Deep Dive

    The best tweets from #CMAA15

    Attendees of the construction management conference discussed more than just Orlando's sunny skies on Twitter.

    By Oct. 14, 2015
  • Bechtel chosen as contractor for controversial $1B NY power plant

    Opponents of the plant have said diminished air quality and an unsightly power line should make the project a non-starter.

    By Kim Slowey • Oct. 14, 2015
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    Emily Peiffer
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    Deep Dive

    'Tales from the crypt': 6 construction management horror stories

    Construction veterans on a CMAA conference panel shared embarrassing, frustrating and entertaining stories from their years in the industry.

    By Oct. 12, 2015
  • HI developer plans $5M micro-apartment building

    Micro-apartments offer renters a chance to live in a trendy, urban area without paying the high rents.

    By Kim Slowey • Oct. 11, 2015
  • Lumber Liquidators settles with DOJ for $10M

    The ongoing controversy resulted in some major builders, including Lennar and Pulte, publicly distancing themselves from the retailer.

    By Kim Slowey • Oct. 9, 2015
  • U.S. construction firms' financial health starting to stabilize

    Credit research firm Creditsafe found the number of high-credit-risk construction companies is down 5.8% from a year ago.

    By Kim Slowey • Oct. 9, 2015
  • Tesla gigafactory interior construction underway

    Tesla, acting as its own contractor, applied for more than 20 building permits totaling more than $45 million in the last four months.

    By Kim Slowey • Oct. 8, 2015
  • Boldt hired to examine delayed CA hospital project

    The selection of a new contractor is the latest chapter in the controversy-filled saga of the Valley Medical Center.

    By Kim Slowey • Oct. 8, 2015
  • Engineering firms KJWW, TTG to merge as 'scale' gains importance in BIM, sustainability

    The two companies will continue operations in their current offices and will not make any staff reductions as a result of the merger.

    By Kim Slowey • Oct. 7, 2015
  • SolarCity factory project exceeds minority hiring goals

    The mayor of Buffalo said the construction hiring numbers are a good sign that SolarCity will continue its practices when employment triples at the site over the next few months.

    By Kim Slowey • Oct. 6, 2015
  • Reports: Apple plans to build 2nd 'spaceship' campus

    The tech giant has reportedly agreed to lease Landbank's planned Central & Wolfe Campus in Sunnyvale, CA, where it could accommodate another 4,000 workers.

    By Kim Slowey • Oct. 5, 2015
  • Ryland/Standard Pacific merger complete as trading begins for new CalAtlantic Group

    CEO Larry Nicholson said the merger will position the company, which operates in 17 states, to take advantage of land purchases only available to a top-five builder.

    By Kim Slowey • Oct. 2, 2015
  • Apple store project plagued by contractor, union controversies

    A contractor on the San Francisco project, Build Group, has filed a $5.2 million lien for nonpayment, and union workers are up in arms about Apple's hiring practices.

    By Kim Slowey • Oct. 1, 2015
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    Montgomery County Planning Commission
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    Skanska considers expanding office development business into new U.S. markets

    Mats Johansson, head of the Skanska U.S. commercial development unit, said the construction giant will decide on which additional cities to enter within the next few years.

    By Kim Slowey • Sept. 30, 2015
  • CFMA report: Contractors not always at fault in public project disputes

    The author of the study, which tracked 107 litigated cases between federal agencies and contractors, said it should encourage both contractors and federal officials to improve communication at all stages of a project.

    By Sept. 30, 2015
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    Fotolia
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    Catellus alleges Lennar used unfair lobbying practices in attempt to win $6B Bay Area project

    "We know their consultants, some of which are out of state, donated to the mayor's campaign," said Ted Antenucci, CEO of Catellus. 

    By Deborah Barrington • Sept. 29, 2015
  • Construction robotics startup developing technology to revamp building process

    These robots — currently in the research stages — might one day be able to convert a conference room into an open-space lounge within minutes.

    By Sept. 29, 2015
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    Fotolia
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    Amazon scores final permit to begin construction on massive VA solar farm

    Community Energy is set to begin construction on the Accomack County facility later this year, and it is scheduled to open for commercial use in the fall of 2016.  

    By Sept. 29, 2015
  • SolarCity plant boosts Buffalo, NY, construction hires as region's industry employment soars

    Despite the area's recent boom in construction hiring, the president of the local Building Trades Council said he isn't worried about finding workers to meet the demand.

    By Kim Slowey • Sept. 28, 2015
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    Deborah Barrington
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    Caterpillar announces $1.5B cost reduction plan in wake of downturn in construction, other sectors

    The company will consolidate and close several facilities over the next two years and cut as many as 10,000 positions by 2018.

    By Sept. 25, 2015
  • Lennar earnings beat estimates with boost from 1st-time buyers

    The firm's CEO said the positive results reinforce industry hopes for a "slow and steady" recovery.

    By Kim Slowey • Sept. 22, 2015
  • Merger of rental giants Starwood Waypoint, Colony American to create firm with $8B asset value

    The merger likely signals that investors believe homeownership will continue to elude millennials and others trying to leave the rental sector.

    By Deborah Barrington • Sept. 22, 2015
  • Battle heats up between CA county, Turner Construction with new lawsuit

    The county's suit reportedly asks for "tens of millions of dollars" in damages due to project delays and alleged workmanship problems.

    By Sept. 18, 2015