Construction industry and development projects
The construction sector sees pivotal changes with Procore's acquisition of DroneDeploy and Jacobs securing a major wastewater contract, reshaping operational efficiency.
Continue readingData center construction is booming, especially in Virginia, driven by major tech investments, but developers face significant regulatory and logistical hurdles.
Continue readingSound Transit has postponed the West Seattle Link project’s completion to 2035, citing extensive cost-saving analyses and complex construction challenges.
Continue readingAugust saw enhanced activity in most commercial sectors, even as data center planning cooled, according to the latest Dodge Construction report.
Continue readingThe housing market is displaying a notable divide: entry-level sales are sluggish while luxury home sales surge. Understanding these trends is essential for sellers.
Continue readingMultiskilling enhances worker capabilities and speeds up project completion, benefiting construction firms and taxpayers alike in a challenging market.
Continue readingSacramento buyers remain active but are increasingly discerning, shifting market dynamics and boosting competition for well-priced properties.
Continue readingBally's has experienced a leadership shakeup with the resignation of its CFO as the company grapples with financial challenges and explores liquidity options.
Continue readingPittsburgh and Madison rank as top cities for Gen Z, offering affordable living and strong job markets, crucial for attracting young talent.
Continue readingBechtel's recent completion of the Corpus Christi LNG project in Texas enhances Cheniere Energy's production capacity amidst global energy challenges.
Continue readingWhile stabilization in construction costs offers some hope, the multifamily sector faces persistent challenges in profitability and project delivery.
Continue readingRemote work opens opportunities for homebuyers to find affordable housing options in less expensive areas, breaking the traditional location constraints.
Continue readingEdge Home Finance prioritizes efficient onboarding and support to ensure loan officer success while maintaining quality service amid rapid growth.
Continue readingThe Mortgage Bankers Association is suing New Jersey over a new rule requiring lenders to consider racial disparities in mortgage underwriting.
Continue readingThe FAA is committing $481 million through 191 grants to enhance airport infrastructure in 36 states and two territories.
Continue readingCaterpillar partners with FieldAI to enhance machine autonomy, focusing on safety and productivity on construction sites.
Continue readingThe Lowe's Foundation is partnering with major companies to train one million skilled trades workers by 2035, addressing the construction labor shortage.
Continue readingEmployee stock ownership plans (ESOPs) can lead to better worker outcomes and enhanced company performance, especially in construction.
Continue readingData centers are facing a severe shortage of skilled workers, pushing employers to seek talent from adjacent industries while wages continue to rise.
Continue readingAmtrak has begun construction on a $1 billion maintenance facility at Sunnyside Yard, marking a major expansion in New York's infrastructure capabilities.
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