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Chicago Bears unveil new domed stadium, mixed-use concept

Sep 08, 2022 (0) comment , , ,

Brief: There are several “ifs” attached, but the NFL’s Chicago Bears may be getting a new stadium. Should the franchise continue with plans to purchase 326 acres in Arlington Heights, Illinois, it intends to build a “best-in-class enclosed stadium,” per an announcement. The stadium would serve as the anchor for what the team called one of […]

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Healthcare construction spending surges despite rising expenses

Sep 02, 2022 (0) comment , ,

Rising MEP costs, inflation and supply chain concerns haven’t slowed costly healthcare projects. A rendering shows the proposed design of the new hospital at UCSF Helen Diller Medical Center at Parnassus Heights. Courtesy of Herzog & de Meuron   Healthcare construction remains strong despite surging costs, with spending in the sector near all-time highs, according […]

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The ‘bonus’ tax deduction in the Inflation Reduction Act for construction firms

Aug 25, 2022 (0) comment , , ,

Affordable excess liability insurance coverage for small businesses and contractors.

Brief: While most of the tax deductions and incentives to build climate-friendly structures in the Inflation Reduction Act go to building owners, one area can significantly benefit contractors as well, a construction tax expert said. Phillip Ross, leader of the construction industry group at New York City-based accounting advisory firm Anchin, detailed how contractors can […]

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Chula Vista, Port Break Ground on $1.3 Billion Bayfront Resort and Convention Center

Aug 19, 2022 (0) comment , , ,

Chula Vista took the next step toward its ambitious Bayfront plans, as city and Port of San Diego leaders Wednesday broke ground on the Gaylord Pacific Resort and Convention Center — the centerpiece of the development. This will be Gaylord Hotels’ first West Coast location. City and port leaders hope the convention center will spur […]

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Concrete frame tops out at $2B Intuit Dome

Aug 12, 2022 (0) comment , , ,

Brief: The AECOM-Hunt Turner joint venture building the $2 billion NBA Intuit Dome arena for the Los Angeles Clippers topped out its concrete frame last week, just six months after its first foundation was poured, according to a Turner press release. The project broke ground in September 2021. Completing the concrete frame took more than […]

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Top 10 US metros for construction starts

Jul 28, 2022 (0) comment , , ,

   Brief: The value of commercial and multifamily construction starts rose 24% in the first half of 2022 compared to the same period last year in the country’s top 20 metropolitan areas, according to Dodge Construction Network. The top three markets are New York City, Dallas and Washington, D.C. In the first half of the […]

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Tech giants plan to spend billions to construct new plants, data centers

Jul 28, 2022 (0) comment , , ,

Clients like Samsung, Panasonic and Google eye massive U.S. projects in coming years. Samsung, the South Korea-based electronics company, has begun applications for tax breaks on 11 potential chip plants worth about $191 billion in Texas. Chung Sung-Jun / Staff via Getty Images  Tech companies are influencing a boom in different types of construction, namely […]

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6 Construction Payment Problems and How to Avoid Them

Jul 21, 2022 (0) comment , , ,

Even companies that are profitable on paper can be crippled if they can’t collect payments promptly. It’s no secret that in the construction industry, cash flow is king. Even companies that are profitable on paper can be crippled if they can’t collect payments promptly. It’s an industry-wide problem, and it affects subcontractors, residential contractors and […]

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The world’s most incredible homes

Jul 15, 2022 (0) comment , , ,

Shelter is one of the basic human needs. The best homes turn that need into art. From an architectural bunker buried deep beneath the ground to a futuristic shipping container home in the Californian desert. Here is a selection of the most beautiful homes ever built by some of the most masterful architects who have […]

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Four Golf Lessons That Can Be Applied To Business

Jul 08, 2022 (0) comment , , ,

Golf and business have been linked for as long as the game has been around. You can learn a lot about a person from playing a round of golf with him or her, as the game reveals so much about character, mindset and willpower. But it can also teach you a great deal about business. […]

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