Recent developments in the construction industry reveal an increasing enthusiasm for automation and artificial intelligence to streamline operations and boost productivity. At the vanguard of this transformation is Trunk Tools, a New York-based startup founded by Austrian-born Sarah Buchner. Under
In a tragic turn of events, a construction worker in his mid-20s lost his life while working at a job site in Montreal, sparking immediate concern and sympathy from both employers and the government. The worker, a subcontractor, was operating at the corner of Cathcart and Square-Phillips streets
The U.S. manufacturing sector is witnessing unprecedented growth, driven by the landmark CHIPS Act signed into law in August 2022. The legislation has significantly fostered investment across various industries, catalyzing a resurgence in domestic manufacturing and reshaping the construction
The Galbut family's recent financial maneuvers underscore their significant influence in Miami's evolving real estate market. An affiliate of the Galbut Family Office has settled a substantial $213.4 million construction loan for the ambitious Gale Hotel & Residences project.
In recent years, the construction industry has experienced a significant shift towards using more sustainable materials, driven by heightened environmental awareness and the global push for cleaner energy solutions. Among these materials, aluminum has emerged as a frontrunner due to its numerous
In a remarkable financial development that holds promising implications for Florida's real estate sector, a substantial $75 million in construction financing has been secured by Storage Units Capital. This funding will accelerate the development of Class A self-storage facilities in strategic
The construction industry is undergoing a significant transformation driven by technological advancements. At the center of this revolution is the rise of autonomous construction equipment. These innovations are not just reshaping how tasks are performed but are also addressing critical challenges
The fourth annual PropTech Breakthrough Awards, organized by the independent market intelligence organization PropTech Breakthrough, has become a staple in recognizing standout innovations within the global real estate technology sector. This year’s awards attracted thousands of nominations from o
The construction industry stands at the brink of a monumental shift, driven by technological advancements poised to revolutionize the way we build. From cutting-edge machinery to sophisticated software, innovation is paving the way for significant improvements in efficiency, safety, and
The world of construction and development has evolved drastically over the last 100 years. With the introduction of technology, the building process has become more efficient, cost-effective, and safe. Building Information Modeling (BIM) and the Internet of Things (IoT) have emerged as essential
