Construction Processes, Financial
April 17, 2023
Via: Construction DiveSigns point to decreased construction activity in coming months as financing costs for many developers have become prohibitively high, sources told Construction Dive. For example, increased interest rates are making construction projects more risky and less profitable, said Nicolas McNamara, […]
Construction Processes, Financial
March 28, 2023
Via: Construction DiveThe delay follows warnings from construction industry experts on growing concerns around financing, especially following the closures of Silicon Valley Bank and Signature Bank a few weeks ago. Contractors can expect tightening and some tension from small and regional banks, […]
Construction Processes, Design, Financial
May 19, 2022
Via: ENRIf necessity is the mother of invention, the LBJ Express megaproject in Dallas, Texas, is a case study in pioneering engineering design and forward-thinking financing. This award-winning project stands as the largest and most complex mixed highway ever designed in […]
February 11, 2021
Via: Construction DiveBrightline West is the most recent iteration of what was previously known as Virgin Trains USA, which was backed by billionaire investor Richard Branson’s Virgin Group Ltd. He exited the project in 2020, and the current re-branding is aimed at […]
Construction Processes, Financial
June 10, 2020
Via: Construction DiveDigital design-build company Prescient has received a $90 million financing commitment from Eldridge, a holding company with businesses across finance, technology, real estate and entertainment. Prescient leverages off-site manufacturing to help developers and general contractors create multifamily projects more quickly […]
Construction Processes, Financial, Interaction of Expertise
July 26, 2019
Via: Construction DiveIf private companies are enlisted to perform the design work, the firm responsible for the selected route will have the chance to build the project as a public-private partnership (P3), providing needed financing and possibly operating and maintaining the line […]
Construction Processes, Financial
April 26, 2019
Via: Construction DiveSo far this year, the Illinois Tollway has awarded almost $376 million of construction and engineering contracts to advance its $14 billion, 15-year Move Illinois capital program. The authority has invested $6.7 billion in the initiative since it began in […]
May 23, 2023
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