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Category: Construction Processes


Construction Processes, Financial

Nonresidential spending expands again in February

April 2, 2019

Via: BDCNetwork

According to an Associated Builders and Contractors analysis of U.S. Census Bureau data released today, national nonresidential construction spending rose 1.2% in February. Seasonally adjusted nonresidential spending totaled $773.8 billion, a 4.8% increase over the same time last year. Private […]


Construction Processes, Interaction of Expertise

U.S. Construction Spending Rose 1.0% in February

April 1, 2019

Via: ConstructConnect

Construction spending climbed 1.0% in February to a seasonally adjusted annual rate of $1,320.3 billion. January’s estimate was revised up from $1,279.6 billion to $1,307.3 billion. December’s estimate was revised back up from $1,263.1 billion to $1,276.0 billion. The February […]


Construction Processes, Design

Stadium architect Populous designs largest esports arena in Western Hemisphere

April 1, 2019

Via: Construction Dive

Fusion Arena will be part of the Philadelphia Sports Complex, along with the Wells Fargo Center, Lincoln Financial Field and Citizens Bank Park. Cordish and Comcast are also developing an $80 million Class A office tower project there. Esports is […]


Construction Processes, Financial

3 Cash Flow Management Mistakes Construction Companies Make

March 29, 2019

Via: ConstructConnect

Most construction companies are struggling to get paid on time. According to a recent survey of construction company owners, 1 in 5 respondents say that cash flow is a problem they have to face at a constant basis. Only 13% […]


Construction Processes, Legal

Immigration reform could relieve pressure on Houston’s construction labor market

March 28, 2019

Via: Construction Dive

The concern around the shrinking pool of available construction workers is not just happening in Houston but throughout the rest of Texas and around the U.S., where many metros are experiencing building booms and need a steady supply of skilled […]


Construction Processes, Financial

Austin Commercial to manage construction of $240M soccer stadium in Austin, Texas

March 28, 2019

Via: Construction Dive

True soccer-specific stadiums are a sports construction niche, as they have many unique features not present in other professional sports venues: standing-area-only sections for supporters and their signs; a seating bowl that is extra close to the field; aluminum seating […]


Construction Processes, Financial, Legal

Connecticut tribes win feds’ approval for up to $400M casino

March 27, 2019

Via: Construction Dive

The Mashantucket Pequots are the driving force behind the successful Foxwoods Resort Casino, and the Mohegans run the Mohegan Sun, both in southeastern Connecticut. The difference between these casinos and the one in East Windsor, though, is that the latter […]


Construction Processes, Interaction of Expertise

Fluor, peers could lose big on military projects if funds go to border wall

March 26, 2019

Via: Construction Dive

Fluor spokesman Brian Mershon told Construction Dive that the company expected the emergency declaration to have little to no impact on its business. Based on 2017 revenue, Fluor was at the top of Building Design + Construction’s 2018 list of […]


Construction Processes, Legal

Contractor faces 20 years in prison for forced labor

March 25, 2019

Via: Construction Dive

Last July, Full Power Properties paid $250,000 in back wages to 22 of Torres’ employees who worked on its Silvery Towers condo development in San Jose, California. U.S. Immigration and Customs Enforcement agents arrested Torres after a 2017 investigation, during […]


Construction Processes, Financial

$1B Charlotte Harbor, Florida, waterfront resort breaks ground

March 22, 2019

Via: Construction Dive

A few days before breaking ground, Allegiant announced that it had partnered up with TPG Sixth Street Partners to finance the project with a $175 million loan, the “first piece of a long-term, potential $1 billion partnership” as development continues. […]