Commercial Building: Page 51
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Project Wins
3 project wins give Granite reason for thanks
The contractor came into the end of November with a trifecta of project announcements.
By Joe Bousquin • Nov. 22, 2022 -
U.S. will ‘narrowly avoid recession’: Goldman Sachs
The Fed will slow the pace of tightening next month and early next year but won’t cut the federal funds rate until Q2 2024, Goldman Sachs predicted.
By Jim Tyson • Nov. 21, 2022 -
Trendline
Recruiting, retention and training in construction
A roundup on articles focus on recruiting and retention for construction.
By Construction Dive staff -
Percentage of women in construction higher than ever
The share of women employed in construction has steadily increased since 2016, new analysis found.
By Zachary Phillips • Nov. 21, 2022 -
Target pivots to larger stores with new 150K-square-foot format
The concept is 20,000 square feet larger than the company average, with more space for pickup services, fulfillment and merchandise.
By Ben Unglesbee • Nov. 18, 2022 -
Q&A
Suffolk sees opportunity and a ‘swift rebound’ out West
Construction Dive spoke with the Boston-based firm's new business development lead for Northern California about life sciences, being nimble and a soft landing in the Bay Area.
By Joe Bousquin • Nov. 18, 2022 -
Total construction starts jump 8% following 2-month decline
Nonresidential and nonbuilding starts led the increase, while residential starts tumbled, according to the Dodge Construction Network report.
By Sebastian Obando • Nov. 17, 2022 -
Construction input prices creep higher
Despite the climb in nonresidential input costs, most materials saw month-to-month decreases, per an Associated Builders and Contractors analysis.
By Matthew Thibault • Nov. 17, 2022 -
Q&A
What this Kitchell exec loves about preconstruction
Over her 18-year career in healthcare and higher ed construction, Julie Garcia has learned the importance of sweating the details and fixing problems early.
By Jennifer Goodman • Nov. 17, 2022 -
Inflation pushes MSG Sphere price tag to $2.18B
The cost of the Las Vegas concert venue jumped 9% due to inflation, supply chain issues and project complexity, according to MSG Entertainment’s chief financial officer.
By Sebastian Obando • Nov. 16, 2022 -
Skanska JV completes first phase of Atlanta airport concourse expansion
The infrastructure work the Swedish contractor recently completed is part of the larger ATLNext expansion at Hartsfield-Jackson.
By Zachary Phillips • Nov. 16, 2022 -
Project Wins
Turner to lead $4.4B Ohio EV factory build
The company expects to begin construction on the Honda battery facility near Columbus in early 2023.
By Matthew Thibault • Nov. 16, 2022 -
Backlog falls below pre-pandemic level, optimism lingers
Backlog in the commercial and institutional category posted its largest monthly decline since July 2020, according to Associated Builders and Contractors.
By Sebastian Obando • Nov. 15, 2022 -
AECOM beats on earnings, misses on revenue
The firm's CEO said slower-than-expected IIJA funding has pushed back the timeline of infrastructure construction projects.
By Joe Bousquin • Nov. 15, 2022 -
Construction’s supply chain outlook: more shortages, price hikes ahead
Analysts and contractors break down prices and lead times for concrete, cement, steel, lumber, insulation, drywall and HVAC equipment in the coming year.
By Sebastian Obando • Nov. 14, 2022 -
Work resumes on $830M Obama Presidential Center project
Construction was halted for three days following the discovery of a noose on the Chicago jobsite.
By Matthew Thibault • Updated Nov. 16, 2022 -
CRE developers reveal their biggest challenges for 2023
“If you’re in real estate, you are in a recession,” said the author of a new study looking at the main drivers of anxiety among owners.
By Sebastian Obando • Nov. 10, 2022 -
New suit alleges RealPage, Greystar, others colluded on student housing
The class-action lawsuit accuses 10 companies of using RealPage’s systems to inflate student housing rents across the U.S.
By Leslie Shaver • Nov. 10, 2022 -
Project Wins
Turner nabs $236M GSA contract in Manhattan
The country’s largest GC will assume the role of construction manager as contractor on a modernization project at the Silvio J. Mollo Federal Building.
By Joe Bousquin • Nov. 10, 2022 -
First mass timber commercial office building in DC opens
A 108,000-square-foot addition at the Capitol Riverfront property incorporated 1,300 tons of the renewable material.
By Matthew Thibault • Updated Nov. 11, 2022 -
Racism in Construction
Judge dismisses construction worker’s discrimination charges against Microsoft
A federal judge ruled the software company was not the employer of a construction worker who performed tasks for a Skanska-Balfour Beatty JV.
By Joe Bousquin • Nov. 9, 2022 -
Deep Dive
Multifamily developers embrace modular building
The sector is turning to prefabrication to speed up project deliveries, but not for any real cost savings during the construction phase, experts say.
By Sebastian Obando • Nov. 8, 2022 -
Construction planning numbers leap in October despite recession fears
The Dodge Momentum Index, a benchmark that measures nonresidential building planning, increased 9.6% last month.
By Sebastian Obando • Nov. 8, 2022 -
Fluor beats revenues estimates, misses on EPS
Fluor posted higher-than-expected revenue during the third quarter, but three legacy infrastructure projects continue to cause challenges.
By Sebastian Obando • Nov. 4, 2022 -
The 6 states with the highest construction unemployment rates
Construction’s national unemployment rate is down to 3.4%, according to a year-over-year analysis by Associated Builders and Contractors.
By Jennifer Goodman • Nov. 4, 2022 -
Gilbane-Turner JV selected for Buffalo Bills’ new stadium
The structure was designed by Populous and will seat at least 60,000.
By Zachary Phillips • Nov. 4, 2022