A recent lawsuit has brought to light the challenges and complexities inherent in urban construction projects, specifically highlighting the prolonged and costly delays associated with the Julia M. Carson Transit Center. Indianapolis Public Transportation Corporation, commonly known as IndyGo, has
In 2024, the construction industry in the United States navigates a landscape characterized by rising costs and unpredictable economic shifts. The current state of construction costs is underscored by a 20-city average cost index that reflects the growing expenses in materials and significant
The recent elections have brought a wave of decisions that will significantly impact the construction industry. Voters across various states made choices on propositions and bond measures that will shape the future of education facilities, infrastructure projects, housing development, environmental
Microsoft's $1 billion investment plan to build three data centers in central Ohio raises crucial questions about the future of technology infrastructure and its potential to reshape the regional economy. Unveiled by regional economic development group One Columbus on October 28, the project
Granite Construction's optimistic outlook on public market opportunities stems from the substantial revenue generated by the Infrastructure Investment and Jobs Act (IIJA) and its strategic plans to capitalize on this influx. According to CEO Kyle Larkin, only 40% of the allocated IIJA funds
Election uncertainty has had a noticeable impact on construction activity leading up to the 2024 presidential race. Business owners' anxiety is at an all-time high, influencing key sectors such as private construction, while public sector projects remain somewhat insulated from these concerns
