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Category: Financial


Construction Processes, Design, Financial

$1B New York NHL arena targets spring construction start

October 16, 2018

Via: Construction Dive

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 […]


Construction Processes, Financial

Rezoning approved for $850M Texas mixed-use district

October 15, 2018

Via: Construction Dive

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 […]


Construction Processes, Financial

Covestro announces EU1.5B investment in Houston-area plant

October 12, 2018

Via: Construction Dive

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 […]


Construction Processes, Design, Financial

Detroit mixed-use high-rise could be one of tallest in US

October 5, 2018

Via: Construction Dive

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 […]


Construction Processes, Financial

Gensler, in latest report, highlights where resilient design could make the greatest impact on the built environment

October 2, 2018

Via: BDCNetwork

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 […]


Construction Processes, Financial

Nonresidential spending reaches new high in August

October 2, 2018

Via: BDCNetwork

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 […]


Construction Processes, Financial, Uncategorized

Louisiana Receives $80M Federal Windfall For Highway Construction

September 24, 2018

Via: ENR

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 […]


Construction Processes, Financial

Los Angeles officials green light contentious $1B mixed-use project

September 19, 2018

Via: Construction Dive

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 […]


Construction Processes, Financial, Legal

House Passes Water Resources Bill With $3.7B for New Corps Projects

September 14, 2018

Via: ENR

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 […]


Construction Processes, Financial

Banks are investing big in infrastructure despite stalled federal plan

September 5, 2018

Via: Construction Dive

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. […]