Commercial Building: Page 38
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Project Milestones
Mortenson targets zero carbon on $74M engineering building in Washington state
The four-story project at Western Washington University will be the first publicly funded, zero-energy structure on a college campus in the state.
By Zachary Phillips • May 25, 2023 -
Shawmut unveils NYC office space in latest growth push
The Boston-based construction management firm identified a number of growth sectors to take advantage of within New York City.
By Sebastian Obando • May 24, 2023 -
Trendline
Recruiting, retention and training in construction
A roundup on articles focus on recruiting and retention for construction.
By Construction Dive staff -
Infrastructure act
New York builders group looks to accelerate IIJA funding
“We’re still sitting on billions of unspent federal dollars,” said Carlo Scissura, CEO and president of the New York Building Congress.
By Sebastian Obando • May 24, 2023 -
MBA: Multifamily lending to drop 14%
After bank failures and interest rate hikes, apartment originations could fall to $375 billion.
By Leslie Shaver • May 24, 2023 -
Balfour Beatty: Collapsed crane stabilized, dismantling underway in Atlanta
Four workers injured Monday have been treated and released, according to the general contractor.
By Zachary Phillips • Updated May 24, 2023 -
Virginia to invest $365M in school construction
The state’s board of education spread the funds across 28 school divisions and 40 projects.
By Zachary Phillips • May 23, 2023 -
Recession likely to start in Q3 as Fed sustains inflation fight: Fannie Mae
The Fed may keep borrowing costs high and trigger a downturn if robust wage gains persist in coming months, Fannie Mae said.
By Jim Tyson • May 22, 2023 -
AGC California, Teichert hold mental health stand down
May is Mental Health Awarness Month. Construction has the second highest rate of suicide among all U.S. industries, according to the Centers for Disease Control and Prevention.
By Zachary Phillips • May 22, 2023 -
Executive Moves
Wendy Cohen named CEO of Kitchell
The 73-year-old firm builds, manages and develops projects in Texas, California and Arizona.
By Jennifer Goodman • May 22, 2023 -
Visionary apartment owner Sam Zell dies at 81
Multifamily leaders share memories of the real estate trailblazer known as “the grave dancer” for his ability to revive struggling properties.
By Leslie Shaver • May 19, 2023 -
Project Milestones
Construction costs push JE Dunn jail project price up 17%
Rising materials costs caused a delay on the $301 million detention center in Kansas City.
By Sebastian Obando • May 19, 2023 -
Disney nixes plans to build $1B Orlando office campus
Even as it canceled its Lake Nona development, the company said it still plans to spend billions on new projects in Florida.
By Zachary Phillips • May 19, 2023 -
Manufacturing starts, construction’s safety blanket, slump 68%
Despite the pullback, Dodge’s chief economist maintains underlying trends point to a “very healthy sector.”
By Sebastian Obando • May 18, 2023 -
Deep Dive
Contractors face uncertainty over new Florida immigration law
New legislation that requires companies to confirm that employees are allowed to work in the U.S. could result in severe consequences for construction firms.
By Zachary Phillips • Updated May 19, 2023 -
Georgia Ports Authority to build $170M rail hub in Gainesville
The new inland terminal is expected to handle 60,000 containers per year and is set to begin construction in January.
By Alejandra Carranza • May 18, 2023 -
Debt ceiling breach would sink construction starts by as much as 30%
If policymakers fail to avert the crisis by the June deadline, all types of building activity would slow, including projects boosted by federal funding packages, according to Dodge.
By Sebastian Obando • May 18, 2023 -
A ‘tech hub’ in your city? Commerce Department launches application process for $500M in grants.
The program will focus on key technology areas such as artificial intelligence and batteries. Its first phase will designate at least 20 tech hubs.
By Ysabelle Kempe • May 17, 2023 -
Project Wins
Granite seals $58M highway job
The California-based contractor will reshape a portion of Nevada’s Pyramid Highway in Sparks.
By Joe Bousquin • May 17, 2023 -
Project Wins
Adolfson & Peterson awarded $74M Raytheon office rehab
The Minneapolis-based contractor predicts it will finish work on the Plano, Texas, project later this year.
By Matthew Thibault • May 17, 2023 -
Economic Reports
Backlog rebounds from 7-month low
Boosted by a strong pipeline of infrastructure projects, contractors continue to express confidence in their six-month outlooks, despite economic headwinds.
By Sebastian Obando • May 16, 2023 -
Project Wins
Jacobs nabs $200M EV battery plant expansion
CEO Bob Pragada recently pinpointed advanced manufacturing projects as one of its target sectors for growth.
By Sebastian Obando • May 16, 2023 -
Executive Moves
Suffolk taps California construction vet for growth in the West
Jim McLamb, who worked at Clark Construction in Los Angeles for more than 30 years, will serve as Suffolk’s general manager in its Northern California region.
By Joe Bousquin • May 16, 2023 -
Earth movers, front-end loaders and robots take over the National Mall
Heavy equipment manufacturers are displaying their machines in Washington, D.C., this week to demonstrate the $1 trillion construction industry’s economic might and shine a light on policy priorities.
By Jennifer Goodman , Matthew Thibault • May 16, 2023 -
Coulomb Solutions plans to build US battery pack factory
The announcement follows LG Energy Solution’s $2.3 billion LFP battery facility in Queen Creek, Arizona, and Ford’s $3.5 billion factory for the same battery type in Marshall, Michigan.
By Sara Samora • May 15, 2023 -
Deep Dive
When school is out, construction is in
As elementary and high schools plan for a surge of federally funded upgrades over the next few months, many administrators remain concerned about spending deadlines.
By Kara Arundel • May 15, 2023