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Project Wins
Team selected to build $7B Austin light rail
AECOM, Parsons and STV are among those picked to design and construct the Texas city’s new all-electric system, which is set to open in 2033.
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Virginia to get world’s first commercial fusion power plant
Commonwealth Fusion Systems announced it will build the multibillion-dollar project in Chesterfield County.
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Opinion
Construction leaders eye estate planning as tax changes loom
For construction company owners considering succession options, the early months of 2025 are an important implementation time, writes a CPA.
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Nonresidential spending dips
Despite a boom in data center projects, construction momentum has slowed due in part to elevated financing costs, according to ABC's chief economist.
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Key Bridge rebuild to begin this month
Crews will start preconstruction on Jan. 7, and demolition of the remnants of the collapsed span will begin in the spring.
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Multifamily starts fall dramatically
Apartment completions rose 13.6% year over year, markedly lower than the 61% YOY increase in October, while permits jumped.
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Q&A
New year, new CEO at Mortenson
Derek Cunz told Construction Dive how he intends to build on the Minneapolis-based firm's success.
Updated Jan. 2, 2025 -
Column // Help Wanted
U of Arizona team wins DBIA student competition
A group of five women won the organization’s annual design-build competition by submitting the best bid on an imaginary airport project.
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Wearables at work can break the law if employers aren’t careful, EEOC warns
A newly released fact sheet by the commission explains how employers may approach and use wearable technology, like smart watches, in the workplace.
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Tariffs could jump by $800B annually: PwC
Businesses should prepare for wide-ranging impacts stemming from a new presidential administration, including the need to revamp supply chains and cost structures.
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Opinion
Why construction productivity growth is lagging — and what to do about it
From 2000 to 2022, global construction productivity improved only 10%, just one-fifth the rate of the overall economy, write McKinsey & Co. partners.
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Project Milestones
New Jersey breaks ground on hurricane shelter for rail cars
Alongside a new service and inspection facility, the construction team will build 5 miles of electrified track.
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Holiday lights bring seasonal cheer to jobsites
From a tall crane in North Carolina to a festive office in arid Arizona, contractors across the country are going all in on the holiday spirit.
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Construction fatalities hit highest number since 2011
About one in five U.S. workplace deaths occurred in construction in 2023, per newly released Bureau of Labor Statistics data.
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Economic Reports
The 9 largest commercial construction starts of November 2024
Total groundbreakings jumped 5% due to strong infrastructure activity, according to Dodge Construction Network.
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TCJA extensions under Trump ‘very possible’: tax expert
Provisions from the 2017 Tax Cuts and Jobs Act could survive the legislation’s 2025 expiration date, said Anchin’s Fred Barotz during a recent webinar.
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Fed trims main interest rate, signals prospect of less easing in 2025
Policymakers reduced the benchmark interest despite signs that their nearly three-year fight to push down inflation to their 2% target has stalled.
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Trump vows to speed up permits for megaprojects
Big permitting changes on the horizon could impact the National Environmental Policy Act, which underpins much of the federal review process.
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December 2024 wins: Contractors report their latest awards
Construction Dive rounds up the newest project wins from some of the country’s biggest builders including Jacobs, Mortenson and Bechtel.
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Project Wins
Turner lands $158M California emergency operations project
The state center to enhance disaster response capabilities across Southern California includes an office building, warehouse and energy infrastructure.
Updated Dec. 19, 2024 -
Voices from the industry in 2024
Construction Dive talked to women leaders from around the country this year about their work, challenges and opportunities.
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The top construction tech stories of 2024
While artificial intelligence dominated the conversation, data centers, contech funding and software solutions generated buzz throughout the year.
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Opinion
Why construction must use technology to build technology
The semiconductor industry is experiencing unprecedented growth and needs facilities that can match its rise. Here’s how the construction industry can answer the call.
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Economic Reports
Project stress spikes ahead of expected rate cut
The increase in on-hold and abandoned projects suggests the market was “overly optimistic” about how much the Fed would cut rates, said a chief economist.
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Column
2024’s top legal issues
Topics including potential disputes around the Key Bridge rebuild, the increased threat of cyberattacks and ever-changing marijuana laws were front and center this year in Construction Dive’s award-winning column.