Category: Financial

February 15, 2019

Silicon Valley is becoming too small and too pricey for tech workers to flourish and the same is true for their employers. The West Coast has long benefited from the economic impact technical powerhouses like Microsoft, Google and Amazon have […]

February 14, 2019

State DOTs around the U.S. are including more tolled options in their highway projects, particularly in areas of high congestion. These options sometimes include high-occupancy toll (HOT) lanes. HOT lanes are simply high-occupancy vehicle (HOV) lanes that allow those who […]

February 4, 2019

National nonresidential construction spending declined 1% in November, according to an Associated Builders and Contractors analysis of U.S. Census Bureau data recently released. The release of November data, originally scheduled for Jan. 3, was delayed by the partial government shutdown. […]

February 1, 2019

The increase in business and residential populations in Charlotte have also resulted in an expansion of the city’s transit systems and highway modernization projects, creating work for contractors specializing in infrastructure work in addition to generating jobs for multifamily and […]

January 28, 2019

The MDOT’s original plan was to award as many as five separate contracts for the 18-mile I-75 modernization. The decision to divide the project into three pieces and hand over Segment 3 to Oakland Corridor Partners — John Laing Investment […]

January 28, 2019

Sometimes, the longer a good thing lasts, the louder rumblings get that a reality check could be around the corner, and construction industry economics is no exception. However, it’s smart to prepare for a wide variety of economic conditions, and […]

January 24, 2019

This is the second $1 billion expansion for a Boston hospital announced in the last few years. The $1.2 billion Boston Children’s Hospital expansion, which is underway now, had to overcome opposition from some groups that were concerned that the […]

January 23, 2019

Solms Landing will also generate $320,000 of construction sales taxes for the city, according to developers, and $2.6 million in sales taxes for the state. Once complete, the development is expected to provide an annual payoff of almost $2 million […]

January 22, 2019

The U.S. 412 widening initiative is one of the $1.8 billion Connecting Arkansas Program projects that is being funded by a 10-year, one-half cent sales tax that will expire in 2023. About 200 miles of highways and interstates will be […]

January 16, 2019

Infrastructure construction projects in New York City are particularly notorious for how much they cost versus comparable projects in other metros around the world. The cost for the East Side Access tunnel, for example, which will connect the Long Island […]