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Tag: investment


Construction Processes, Financial

Construction takes bigger bite out of the Big Apple

October 19, 2023

Via: Construction Dive

Nonresidential construction continues to lead construction spending in New York City, said Esposito. The federal government’s investment in infrastructure, along with resilient sectors such as healthcare, life sciences, manufacturing, data centers and transportation, will continue to create opportunities, he said. […]


News

Construction lost as much as $40B on poor productivity in 2022

October 12, 2023

Via: Construction Dive

FMI, a Raleigh, North Carolina-based consulting and investment banking firm with clients in the built environment, said that high-performing companies can increase productivity through intense planning, reliable budgeting and documentation and buy-in from all stakeholders. These also happen to be […]


Construction Site Safety, Hazards

Premium PPE: Worth the investment?

July 3, 2023

Via: Construction Dive

One of the biggest unsung success stories of the past few decades has been the widespread improvement in worksite safety in the U.S. According to the Occupational Safety and Health Administration (OSHA), worker injuries and illnesses have declined by 75% […]


Construction Techniques

4 strategies for contech success

June 12, 2023

Via: Construction Dive

There is plenty of opportunity for contech firms, as $50 billion in investment since the pandemic shows. But a recent report from global consultancy McKinsey also found that the fragmented nature of construction is holding back potential for increased productivity […]


Construction Processes, Financial

Investment firm still sees availability for construction debt

June 12, 2023

Via: Construction Dive

In May, Miami-based real estate investment firm Participant Capital Advisors announced the launch of its latest fund, the Participant Capital Sun Belt Multifamily Development Fund 1. It targeted $250 million in commitments to allocate to multifamily development projects in the […]


Construction Techniques

Despite $50B of investment, contech is being held back by its fragmented customer base

June 7, 2023

Via: Construction Dive

The report found that the contech market is maturing, with $11.5 billion of late-stage venture capital entering the space between 2020 and 2022, more than triple the amount from the previous three years. Meanwhile, mergers and acquisitions have also taken […]


Construction Processes, Financial

FHWA Awards $296M in IIJA Bridge Grants

April 13, 2023

Via: ENR

The flow of Infrastructure Investment and Jobs Act funds rolls on, with the Federal Highway Administration’s award of $295.7 million from the law’s Bridge Investment Program. The grants, announced on April 13, went to nine projects–five urban and four rural–which […]


Construction Techniques

The IIJA sets aside $100M for contech. When will it arrive?

May 18, 2022

Via: Construction Dive

Nestled in the $1.2 trillion Infrastructure Investment and Jobs Act among the hundreds of billions dedicated to road improvements, dam repairs, clean energy credits and more is a relatively small sum of money — $100 million — dedicated to construction […]


Construction Processes, Financial

How $21B in foreign investment is shaping the multifamily landscape

May 17, 2022

Via: Construction Dive

Foreign capital sources have made a major push into U.S. multifamily in recent years, and at the same time pivoted away from coastal real estate in favor of the Sun Belt and secondary markets. Points of interest for these investors […]


Construction Processes, Financial

Howard U. Launches $750M Construction, Renovation Program

March 24, 2022

Via: ENR

Howard University has announced a five-year, $785 million construction program that will add three new multidisciplinary academic facilities, and renovate several existing buildings on the main Washington, D.C., campus. Scheduled to get underway later this year, the program represents the […]


Construction Processes, Financial

Biden signs long-awaited $1.2 trillion infrastructure bill

November 16, 2021

Via: Construction Dive

Once signed, the $550 billion in new spending will be the largest new investment the federal government has made on infrastructure in decades. The infrastructure package includes “a 38% increase in road and bridge funding, and an infusion of highly-trained, […]


News

Salt Lake City International Airport Terminal Redevelopment: Best Project Airport/Transit, Project of the Year

October 19, 2021

Via: ENR

The Salt Lake City International Airport (SLCIA) Terminal Redevelopment is a $4.1-billion investment that replaced the city’s old airport with a LEED Gold certified and operationally improved facility. As the newest hub airport built in the U.S., this project built […]


Construction Processes, Financial

Biden’s infrastructure proposal includes massive investment in school buildings

July 14, 2021

Via: Building Design + Construction

The Biden Administration’s proposed infrastructure spending plan is a rare chance for most school districts to make their buildings greener and cheaper to operate. This is a ‘once in a lifetime opportunity’ to make major upgrades to public school facilities, […]


Construction Processes, Financial, News

Nevada Governor Accelerates $2B Grid Expansion Project

June 2, 2021

Via: ENR

Nevada Gov. Steve Sisolak (D) signed legislation June 2 that will accelerate construction of the $2-billion, 525-kV Greenlink transmission to open access to remote renewable energy resource areas; the just passed legislation also requires a $100-million investment in electric vehicle […]


Construction Processes, Financial

Prescient announces $190M in funding

May 3, 2021

Via: Construction Dive

The Charlotte, North Carolina-based company leverages offsite manufacturing and lightweight steel construction to help developers and general contractors create multifamily and hospitality projects more quickly and with less expense, according to the firm. All of its components are made from […]


News

AECOM launches ESG strategy

April 26, 2021

Via: Construction Dive

ESG is an investment approach that screens publicly traded companies for predefined objectives based on environmental, social and corporate governance criteria. It shuns firms that don’t adhere to such principles or those that operate in industries that are philosophically opposed […]


Construction Processes, Financial

Buttigieg DOT confirmation boosts hope for massive infrastructure investment

February 3, 2021

Via: Construction Dive

During his nomination hearing before the U.S. Senate Committee on Commerce, Science and Transportation late last month, Buttigieg said the “time is now” for a massive infrastructure investment in a bid to jump-start the economic recovery from the coronavirus pandemic. […]


Construction Techniques

The value catalyst for building advantage

November 8, 2019

Via: Construction Dive

Isn’t it interesting when we talk about getting more out of something we say we need to ‘extract’ value? It’s a bit of an oxymoron when what we’re trying to do is infuse value into our work, our processes and […]


Sustainability

Zero energy buildings can be constructed with no added upfront cost

September 17, 2019

Via: BDCNetwork

Many types of zero energy (ZE) buildings can be constructed with no added upfront cost, and some commercial buildings can see return on investment in as little as one year, according to a report by U.S. Green Building Council Massachusetts […]


Construction Processes, Financial

California governor kills $16B Delta twin-tunnel project

May 6, 2019

Via: Construction Dive

The decision to downsize the project from two tunnels to one is also expected to appease many of the groups that have protested the project on environmental grounds. Also, local water agencies that have a financial obligation to the project […]