Category: Financial

October 16, 2018

Oak View Group is also leading the $700 million KeyArena redevelopment project in Seattle. Oak View will be responsible for the cost of design, permitting and construction and must absorb cost overruns and liability for defects that might arise on […]

October 15, 2018

Frisco has gone from sleepy hunting outpost to a bustling, vibrant suburb of north of Dallas in a relatively short period of time, so it’s no surprise that residents would push back against a project that could possibly create inconveniences […]

October 12, 2018

The Gulf Coast region of the U.S. is home to many chemical plants, oil refineries and other industrial facilities because, as Covestro officials stated in the company’s Baytown announcement, costs there are relatively low and the area has shipping and […]

October 5, 2018

The tower is one of four Gilbert projects totaling more than $2 billion that the Michigan Economic Development Corp. cleared for $618 million in brownfield redevelopment financing through the Michigan Strategic Initiative. The other three projects are the $830 million […]

October 2, 2018

By the mid 21st Century, over three quarters of the world’s population could be living in urban areas. Relentless urbanization must reckon with the reality of climate change, which compels AEC firms and their clients to rethink the built environment […]

October 2, 2018

National nonresidential construction spending expanded 0.7% in August to its highest level since the U.S. Census Bureau began the data series in 2002, according to an Associated Builders and Contractors analysis released today. Total nonresidential spending stood at $762.7 billion […]

September 24, 2018

Louisiana highway projects will get an extra $80 million boost from redistributed federal highway funds that other states did not spend. State officials say this is the largest amount of redistributed federal funds the state has ever received, although this […]

September 19, 2018

The battle has been going on for some time between those who favor new development, including the housing that the area so desperately needs, and activists who push back against the higher density that they say stresses city services and […]

September 14, 2018

A new water infrastructure measure has moved a long stride nearer to the finish line, with the House’s unanimous passage of legislation authorizing at least $9 billion for Army Corps of Engineers civil-works projects and Environmental Protection Agency drinking-water and […]

September 5, 2018

Wahba’s suggestion is similar to what the president has been advocating for, which is that states take more responsibility for infrastructure projects that are regional in nature and not look to the federal government for a significant percentage of funding. […]