Invitation Homes raises $1.54B as REIT IPOs slow

The move by the Blackstone-owned single-family home rental business is the largest IPO from a U.S.-listed company since late 2015.

By Sean Barry • Feb. 2, 2017

Construction tech startup Pavia Systems raises $4M to expand national footprint

The Seattle-based company is looking to hasten market deployment of its infrastructure project management software.

By Chris Wood • Feb. 1, 2017

Daqri, Microsoft developing smart glasses for construction

Augmented reality can offer data and visual overlays for remote repair and real-time contextual knowledge of job site conditions. 

By Chris Wood • Feb. 1, 2017

Trimble sponsoring new 3-D building research lab at UMass Amherst

The center will be outfitted with laser scanners, robotic surveying systems, imaging rovers and Global Navigation Satellite System receivers.

By Chris Wood • Feb. 1, 2017

Caterpillar to move global headquarters to Chicago area

The move aims to locate the equipment giant closer to the Chicago talent pool and more international transportation options.

By Kim Slowey • Feb. 1, 2017

Bechtel set to begin construction on $1.6B NY power plant

The company plans to use local suppliers and contractors to build the Cricket Valley Energy plant, which should create more than 1,000 construction jobs. 

By Kim Slowey • Feb. 1, 2017

Developer takes on partners for $3B NYC One Vanderbilt high-rise

SL Green has raised $525 million for the 1.7-million-square-foot office project by taking on minority stakeholders.

By Kim Slowey • Jan. 31, 2017

Court clears the way for San Francisco megaproject

Opponents of the 5M mixed-use complex said its environmental review was not sufficient and that it lacks adequate affordable housing.

By Kim Slowey • Jan. 31, 2017

UPDATE: Casino mogul pulls out of Raiders Las Vegas stadium funding deal

With Sheldon Adelson out of the picture, the team has raised its proposed contribution to $1.15 billion to cover his portion.

By Kim Slowey • Jan. 31, 2017

500-foot-tall apartment tower gets construction permit in Chicago's West Loop

One South Halsted will be the tallest building west of the Kennedy Expressway.

By Sean Barry • Jan. 31, 2017

Caterpillar lowers 2017 forecast amid declining global construction demand

The equipment giant is in the midst of a massive restructuring that has seen the company shed approximately 16,000 employees.

By Kim Slowey • Jan. 30, 2017

ProSales: Home Depot continues to expand pro delivery service

The move comes as major home improvement retailers angle to grow their share of the building material sales market.

By Sean Barry • Jan. 30, 2017

Pulte's profits soar in Q4 on rising home sales, prices

The homebuilder continues to benefit from strong market fundamentals as higher labor and land costs squeeze its margins.

By Sean Barry • Jan. 27, 2017

$3B American Dream Miami mall project wins preliminary approval

If the massive retail and amusement park complex comes to fruition, it is projected to create 32,000 construction jobs.

By Kim Slowey • Jan. 27, 2017

Project manager, civil engineer featured on Glassdoor's list of 50 best US jobs

The ranking emphasizes the high rate of pay and number of open positions amid the construction industry's ongoing labor shortage.

By Kim Slowey • Jan. 27, 2017

Plans for $1.4B Las Vegas Convention Center expansion underway

In the race for lucrative convention business, cities around the country are upgrading and expanding their facilities.

By Kim Slowey • Jan. 27, 2017

UPDATE: Tutor Perini awarded $1.4B Los Angeles Purple Line contract

The Los Angeles County Metropolitan Transportation Authority voted unanimously to approve the bid from the joint venture of Tutor Perini and O&G Industries.

By Kim Slowey • Jan. 27, 2017

UPDATE: Los Angeles developer Rick Caruso's luxe apartment tower gets green light

The City Council unanimously approved the project, but critics have pushed back on its height.

By Sean Barry • Jan. 26, 2017

USGBC unveils top 10 states for LEED in 2016

Massachusetts climbed to the top spot in the latest green building ranking, with 136 projects certified in the state last year.

By Kim Slowey • Jan. 26, 2017

Brooklyn Navy Yard office project scores $250M construction loan

The $410 million Dock 72 building will be anchored by co-working company WeWork.

By Kim Slowey • Jan. 26, 2017

Dodge Data: Collaboration on construction projects can reduce risk

The industry still must overcome traditional silos and competitive attitudes to improve collaboration and keep project costs under control, the study found.

By Kim Slowey • Jan. 26, 2017

D.R. Horton beats Wall Street estimates as home orders climb 14.6% in Q1

The nation's largest homebuilder is heading into the spring selling season with strong inventory and options for price-sensitive buyers.

By Sean Barry • Jan. 25, 2017

Trump orders construction of Mexican border wall

Although details and cost are still unclear, the massive undertaking is drawing the attention of construction firms that could help build it.

By Emily Peiffer • Jan. 25, 2017

Investors propose $1B MLS development on site of former San Diego Chargers stadium

FS Investors aims to purchase Qualcomm Stadium from the city, demolish it and replace it with a Major League Soccer venue.

By Kim Slowey • Jan. 24, 2017

Luxury apartment tower breaks ground in Chicago's South Loop

It is the latest in a line of new residential projects planned or underway in the Windy City as construction lending remains tight.

By Sean Barry • Jan. 23, 2017