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Category: Financial


Construction Processes, Financial, Interaction of Expertise

Google embarks on $13B data center expansion

February 15, 2019

Via: Construction Dive

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 […]


Construction Processes, Financial

Tolls may help Florida’s pending $10B infrastructure program

February 14, 2019

Via: Construction Dive

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 […]


Construction Processes, Financial, Interaction of Expertise

Nonresidential construction spending dips in November

February 4, 2019

Via: BDCNetwork

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. […]


Construction Processes, Financial, Interaction of Expertise

$1.7B of construction underway in Charlotte central hub

February 1, 2019

Via: Construction Dive

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 […]


Construction Processes, Financial, Interaction of Expertise

Detroit-area I-75 to see $799M of construction through 2023, part of $1.6B modernization

January 28, 2019

Via: Construction Dive

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 […]


Construction Processes, Financial, Legal

FMI: Despite market growth, contractors should still ‘recession proof’

January 28, 2019

Via: Construction Dive

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 […]


Construction Processes, Financial, Interaction of Expertise

Massachusetts General Hospital announces $1B expansion

January 24, 2019

Via: Construction Dive

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 […]


Construction Processes, Financial, Interaction of Expertise

San Antonio suburb approves tax district for $250M mixed-use project

January 23, 2019

Via: Construction Dive

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 […]


Construction Processes, Financial

Arkansas opens $142M of transportation projects to low bids

January 22, 2019

Via: Construction Dive

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 […]


Construction Processes, Financial, Legal

Scaffold law, inefficiencies to blame for higher New York construction costs

January 16, 2019

Via: Construction Dive

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 […]