Commercial Building: Page 23
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Courtesy of McCarthy Building Cos.
Executive MovesMcCarthy continues executive buildout with new COO
The appointment of Joe Jouvenal to the operations role is the second C-suite move the contractor has announced in the past two months.
By Matthew Thibault • Jan. 19, 2024 -
Sara Samora/Construction Dive
Swinerton to pay $2.3M fine over alleged Clean Water Act violations
The San Francisco builder’s penalties stemmed from allegedly failing to use proper stormwater controls and conduct regular inspections across four solar farm sites in three states.
By Matthew Thibault • Jan. 18, 2024 -
Explore the Trendline➔
vitranc via Getty Images
TrendlinePreconstruction
Careful collaboration before shovels hit dirt is key to a successful project, experts say.
By Construction Dive staff -
Thinkstock via Getty Images
ABC condemns independent contractor rule change
In March, the Department of Labor will revert to a pre-Trump rule for determining a worker’s employment status, to the chagrin of some contractor groups.
By Zachary Phillips • Jan. 18, 2024 -
Permission granted by TSMC
Phoenix leads in manufacturing construction
The city has seen 14 major projects since 2020, and plants are cropping up in other areas with the labor pool to staff them, said a new report.
By Julie Strupp • Jan. 18, 2024 -
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Hybrid work in construction offices here to stay
Though the physical nature of construction work hasn’t changed, the industry’s office employees increasingly have stayed home since the COVID-19 pandemic.
By Jen A. Miller • Jan. 18, 2024 -
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TSMC delays $40B Arizona chip factory again
Despite a labor union deal last month, the Taiwanese chip maker highlighted skilled labor shortages and access to government funding as lingering issues.
By Sebastian Obando • Updated Jan. 19, 2024 -
Permission granted by Mortenson
Mortenson chair offers cautious optimism in Federal Reserve speech
David Mortenson said construction needs to evolve, and predicted shifts in building methods in the next 20 years.
By Zachary Phillips • Jan. 17, 2024 -
Courtesy of Swinerton
Executive MovesSwinerton taps new COO following executive shuffle
Ray Haj will succeed David Callis, who became the contractor’s new CEO earlier this month.
By Matthew Thibault • Jan. 17, 2024 -
Permission granted by PCL
Q&APCL manager sets her sights high
Cheyanne Hammell helped renovate Toronto’s CN Tower, one of the world’s tallest freestanding structures.
By Jennifer Goodman • Jan. 17, 2024 -
Joe Raedle/Getty Images via Getty Images
Economic ReportsBacklog increases amid easing credit conditions
Builder confidence in securing new work also jumped, fueled by the expectation of rate cuts.
By Sebastian Obando • Jan. 16, 2024 -
alvarez via Getty Images
Skanska writes off $195M, cites weak US office market
Poor return-to-office rates in the U.S. are contributing to struggles in the Swedish builder’s portfolio.
By Zachary Phillips • Updated Jan. 17, 2024 -
Joe Raedle/Getty Images via Getty Images
Economic ReportsConstruction input prices drop 3 months in a row
Despite the sustained cost moderation, some sticker shock could return in 2024, ABC Chief Economist Anirban Basu said.
By Sebastian Obando • Jan. 16, 2024 -
Spencer Platt/Getty Images via Getty Images
New York’s Prompt Payment Act creates issues for contractors
Recent amendments that limit the amount of retainage an owner can hold could lead to an accounting nightmare for construction firms, a real estate attorney said.
By Sebastian Obando • Jan. 16, 2024 -
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Inflation inches up, signaling prospect of extended Fed fight
The consumer price index last month rose more than anticipated, with gains in the cost of services staying stubbornly high.
By Jim Tyson • Jan. 12, 2024 -
Joe Raedle via Getty Images
2024 OUTLOOKConstruction’s biggest staffing struggles for 2024
A lack of experienced workers, far-flung jobsites and social issues will compound the industry’s labor shortage this year, experts say.
By Zachary Phillips • Jan. 11, 2024 -
Permission granted by Alexandria Real Estate Equities, Inc.
Life sciences boom could fizzle
CBRE said that momentum may falter in three major cities after a rush of investment in the space this year.
By Sebastian Obando • Jan. 11, 2024 -
Joe Raedle via Getty Images
Project WinsUSACE taps Clark for $617M Texas hospital
The Maryland contractor delivered another Fort Worth healthcare facility on the same Army base four years ago.
By Zachary Phillips • Jan. 10, 2024 -
R.M. Nunes via Getty Images
Stantec acquires Morrison Hershfield, boosts Canadian presence
Edmonton-based Stantec, which has more than half of its offices in the U.S., will grow its workforce in Canada by 10%.
By Matthew Thibault • Jan. 10, 2024 -
Laurence Dutton via Getty Images
2024 OUTLOOKAI, robotics dominate 2024’s construction tech forecast
Expect machines trained on “large behavior models,” more mass timber, prefab and 3D printing. But always keep jobsite safety in mind, experts say.
By Matthew Thibault • Jan. 10, 2024 -
Retrieved from Broward County Government on January 09, 2024
Project MilestonesBalfour Beatty tops out new development at $1B Florida convention center
The 400,000-square-foot East Expansion Building in Fort Lauderdale is the second phase of a larger project that has been ongoing since 2019.
By Matthew Thibault • Jan. 10, 2024 -
Courtesy of Universal Destinations & Experiences
Economic ReportsConstruction planning numbers end 2023 on a high note
Despite a decline last year, planning for commercial projects has begun to stabilize, according to Dodge Construction Network.
By Sebastian Obando • Jan. 10, 2024 -
Permission granted by EdgeCore
Project WinsHolder Construction gets $1.9B Arizona data center job
The city of Mesa has experienced a surge in data construction due in part to a lack of natural disasters, low utility costs and business-friendly environment.
By Sebastian Obando • Jan. 10, 2024 -
Courtesy of Balfour Beatty
Executive MovesBalfour Beatty names US civil CFO
Jenni Kelley will be the next chief finance executive for the London-based builder’s infrastructure arm in the U.S.
By Matthew Thibault • Jan. 9, 2024 -
Jens Lambert Photography via Getty Images
High prices are slowing for road builders, but challenges lay ahead
Despite cooling inflation, rising costs will still be an issue this year, especially as labor continues to be in short supply, experts say.
By Jen A. Miller • Jan. 9, 2024 -
Courtesy of Gordie Howe International Bridge
Gordie Howe Bridge cost rises to $6.4B amid delay
Construction on the span will finish 10 months late in September 2025 following continued fallout from pandemic-induced problems.
By Matthew Thibault • Jan. 9, 2024
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