Category: Financial

December 6, 2018

With politics shifting on U.S. infrastructure investment in the wake of the November midterm results, public-private partnership participants offered differing perspectives last month in Washington, D.C., on how the project finance approach will fit into looming federal legislation and burgeoning […]

December 3, 2018

The Lincoln Yards project, which could create 2,500 construction jobs during the first decade of building, reportedly was one of the developments included in Chicago’s bid for Amazon’s $5 billion second U.S. headquarters, which the internet retailing giant ended up […]

November 26, 2018

The project’s initial budget has grown from an estimated $2.4 billion, reportedly because of increased costs of land, materials, debt financing, rail cars and system design features, on top of a required $170 million contingency required by the FTA as […]

November 26, 2018

As Dodge’s October starts report shows, the U.S. construction industry continues to benefit from airport projects, some supported by billions of annual Federal Aviation Administration funding, some by airlines and airports, while other are continuing to turn to public-private partnerships. […]

November 19, 2018

Earlier this month, CBP and the Army Corps announced that it had given a $145 million contract to SLSCO for similar levee wall work in the McAllen Station area of the Rio Grande Valley. This and the other two November […]

November 15, 2018

AECOM delivered some good news in reporting its latest quarter and year-end results on Nov. 12, noting records in both revenue, which rose 8% to $20.2 billion for fiscal 2018 and in backlog, up 14% to $54.1 billion. But the […]

November 6, 2018

This marks the first new wall construction contract under President Donald Trump’s Border Security and Immigration Enforcement Improvements executive order, which he issued back in January 2017, almost immediately after taking office. The directive, among other immigration-related items, calls for […]

November 1, 2018

Construction spending increased to a seasonally adjusted annual rate of $1,329.5 billion in September 2018. This is just 0.05% higher than August’s estimate which has been revised up from $1,318.5 billion to $1,328.8 billion. July’s estimate was also revised up […]

October 31, 2018

Developers around the country, like Palmeira, don’t let distance from metropolitan centers keep them from launching projects intent on attracting businesses and residents that want an urban atmosphere. One of the latest urban-style developments in a suburb is JBG’s planned […]

October 25, 2018

An upturn in home-buying and commercial development is a boon for the construction industry, but the pressure to grow can squeeze construction companies grappling with cash flow, expenses and expansion. In April, privately-owned housing starts jumped 12.4%, to an annualized […]