Commercial Building: Page 5
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Project Wins
50 years in the making, $2.9B Chicago Red Line extension finds contractors
A Walsh-Vinci team will design and build the 5.6-mile project, which includes four new stations.
By Matthew Thibault • Aug. 22, 2024 -
Project Milestones
Vegas convention center on track for 2025 completion
An AECOM Hunt-Penta JV recently placed the final beam on the city’s $600 million exhibition hall.
By Sebastian Obando • Aug. 22, 2024 -
Trendline
Recruiting, retention and training in construction
A roundup on articles focus on recruiting and retention for construction.
By Construction Dive staff -
Data centers, water, infrastructure fuel public firms’ profits
On recent earnings calls, construction executives highlighted a range of lucrative sectors, most notably environmental and technical work.
By Construction Dive Staff • Aug. 21, 2024 -
Lendlease reports $1B loss as it sells off US work
The Australian company is moving away from international projects with a plan to deploy funds from divesting into successful sectors at home.
By Zachary Phillips • Aug. 20, 2024 -
Clippers’ $2B Intuit Dome opens doors
The NBA arena built by an AECOM Hunt-Turner joint venture in Inglewood, California, hosted its inaugural concert this month, although with some technical difficulties.
By Zachary Phillips • Aug. 19, 2024 -
Economic Reports
Abandonments, delays ease due to anticipated interest rate cut
Developers are taking a wait-and-see approach to projects, expecting that conditions are about to improve, according to economist Michael Guckes.
By Sebastian Obando • Aug. 19, 2024 -
DOL to hold Davis-Bacon seminar for contractors
The Labor Department will offer a free online session on Aug. 29 to discuss how to comply with newly updated prevailing wage rules.
By Zachary Phillips • Aug. 16, 2024 -
‘Momentum’ the word of the day for Balfour Beatty
The London-based builder reversed its decline in pre-tax profit and signaled that it is eyeing big opportunities in U.K. and U.S. markets.
By Matthew Thibault • Aug. 16, 2024 -
OSHA’s walkaround rule raises questions of liability, safety
Several industry groups have filed suit to stop the change, which expands the definition of who can be present during jobsite inspections.
By Jen A. Miller • Aug. 15, 2024 -
Opinion
How tech can solve the buying vs. renting riddle
National concrete contractor Lithko went digital to analyze hidden costs in owning equipment and take advantage of the urgency renting creates.
By Rob Coakley • Aug. 14, 2024 -
Market headwinds force owners to hit the brakes on EV projects
Financing woes, soaring material prices and waning demand are causing auto and battery makers to delay jobs, even those that have already started.
By Sebastian Obando • Aug. 13, 2024 -
Disney’s kingdom is expanding
The entertainment giant has revealed plans for new attractions at its theme parks in Orlando, Florida, and Anaheim, California.
By Zachary Phillips • Aug. 13, 2024 -
Rio Grande LNG ruling underscores risk of megaprojects
After Bechtel won a $4.3 billion contract for Train 4 of the Texas energy facility, a court overturned the project’s federal authorization, putting its timeline in doubt.
By Joe Bousquin • Aug. 12, 2024 -
Turner launches new heat safety study
Building on a program from last summer, the contractor will measure the impact of high temperatures on 200 workers this month.
By Zachary Phillips • Updated Aug. 12, 2024 -
Opinion
Successful mentorship is a 2-way street
Bidirectional mentoring isn’t just valuable, the future of our industry depends on it, writes Nancy Novak, chief innovation officer of Compass Datacenters.
By Nancy Novak • Aug. 8, 2024 -
US hotel construction pipeline grows to new highs — again
In Q2 2024, hotels in the total pipeline grew 9% annually, with extended stay remaining popular and upper midscale leading other segments, according to Lodging Econometrics.
By Jenna Walters • Aug. 6, 2024 -
Purdue University’s capital plan includes $239M for construction and renovation
The spending blueprint calls for a $160 million life sciences project, a $56 million dormitory and a $23 million renovation of the student union and library.
By Sebastian Obando • Aug. 6, 2024 -
Project Wins
Florida contractor wins luxury condo tower project
Coastal Construction will lead preconstruction on the next phase of a Tampa waterfront development.
By Zachary Phillips • Updated Aug. 9, 2024 -
Project Milestones
Turner-Walsh JV breaks ground on contested, $800M Northwestern University stadium
The new Ryan Field in Evanston, Illinois, will have 12,000 fewer seats, allowing it to host smaller events in addition to football, but some local residents are fighting it.
By Joe Bousquin • Aug. 5, 2024 -
Marriott to emphasize conversions over new builds, CEO says
The hospitality company is scaling back on new projects largely due to the high cost and complex financing involved in ground-up construction, according to its second quarter earnings call.
By Sebastian Obando • Aug. 5, 2024 -
July 2024 wins: Contractors report their latest awards
Construction Dive rounds up the newest project wins from some of the country’s biggest builders including Granite, Gilbane, Tutor Perini, Bechtel and McCarthy.
By Construction Dive Staff • July 31, 2024 -
Construction job openings plummet 19%
Analysts continue to attribute major changes in labor demand to residential construction, as the commercial sector retains momentum.
By Zachary Phillips • July 31, 2024 -
Q&A
DPR lead sees growing demand for US life sciences projects
The firm is deploying tech earlier in the design process to influence sequencing and how the facilities are built, before extending it to the jobsite to track and manage progress.
By Matthew Thibault • July 30, 2024 -
Project Wins
Skanska to manage $6.5B St. Petersburg redevelopment project
The Florida city has tapped the contractor as the owner’s representative for the biggest development in Tampa Bay history.
By Zachary Phillips • Updated July 31, 2024 -
Project Wins
Indiana GC to build $100M Toyota manufacturing facility
Force Construction will add 295,000 square feet to the Toyota Material Handling campus in Columbus, Indiana.
By Sebastian Obando • July 29, 2024