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Independent contractors now a question mark in California after employment bill passes

Sep 26, 2019 (0) comment , , ,

Builder's Risk Insurance

Brief: California Gov. Gavin Newsom signed Assembly Bill 5 into law this week. As part of a signing message, Newsom said that the new regulation would help reduce instances of worker misclassification as independent contractors, “which erodes basic worker protections like the minimum wage, paid sick days and health insurance benefits.” The new law goes into effect […]

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Tech entrepreneur paid $9.5 million for a teardown and built this $35 million Laguna Beach mansion

Sep 18, 2019 (0) comment , , ,

Perched high above the Pacific Ocean, in Southern California’s exclusive Laguna Beach community, is a cliff-side compound that’s on the market for $35 million. (Click here to see the video of this amazing home.) But it didn’t always look like this. “Originally it was a cottage, almost like a shack in disrepair,” explains homeowner and […]

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Related’s $8B Bay Area project near stadium to start in 2020

Sep 12, 2019 (0) comment , , ,

Brief: Developer Related Cos. will start vertical construction next year on the 240-acre, 9.2 million-square-foot Related Santa Clara project next to Levi’s Stadium, home of the NFL’s San Francisco 49ers, in Santa Clara, California. Related’s investment in the mixed-use project, formerly known as CityPlace Santa Clara, is estimated at $8 billion, according to the San Francisco […]

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Engineers approve $100M retrofit for San Francisco’s ‘sinking’ Millennium Tower

Sep 05, 2019 (0) comment , ,

Brief: A four-expert panel selected to review a $100 million foundation retrofit for the leaning and sinking Millennium Tower luxury condo building in San Francisco have given the plan their approval. In a letter to the City and County of San Francisco Department of Building Inspections, which hired the four professional engineers, Gregory G. Deierlein, Shahriar […]

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Elon Musk’s The Boring Co. raises $120M

Aug 21, 2019 (0) comment , ,

Brief: Elon Musk has secured $120 million of outside investment for The Boring Co., the tunneling and transportation startup that aims to build underground tunnels for hyperloop transportation projects that Musk founded in 2016.  The cash infusion, in addition to the $113 million the company raised last year, signals continued interest from outside financial investors […]

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LafargeHolcim launches CO2-reducing cement business

Aug 15, 2019 (0) comment , , ,

Brief: LafargeHolcim and Solidia Technologies announced this week that they have launched a new business in the U.S. that will supply customers with reduced CO2 cement to be used in the production of precast concrete. The first customer will be the Wrightstown, New Jersey, plant of EP Henry, a national concrete products supplier that participated in […]

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Online retailers are transforming warehouse construction

Aug 08, 2019 (0) comment , ,

general contractors insurance

As e-commerce has soared in popularity, U.S. warehouses have evolved to meet the needs of online retailers, transforming from basic storerooms into automated, material-handling nerve centers.  Driven by consumers’ desire for fast and reliable delivery of everything from furniture and clothes to milk and toothpaste, these modern facilities are crucial parts of the supply chain […]

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$1 billion 5M project starts construction, transforming South of Market

Jul 24, 2019 (0) comment , ,

After more than a decade of planning, including a three-year legal battle, the $1 billion 5M project broke ground on Thursday. Developer Brookfield Properties and partner Hearst, owner of The Chronicle, will transform four acres of parking lots and vacant buildings at 5th and Mission streets with two new towers, a 200-foot apartment building, two […]

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Hemp used for construction gains popularity in U.S.

Jul 18, 2019 (0) comment , , ,

Affordable liability insurance for the cannabis industry.

Builders who use natural materials in the United States have seen interest grow in “hempcrete,” a renewable building material made with hemp that can take the place of traditional drywall, insulation and siding. Since the 2018 Farm Bill legalized industrial hemp, the construction material — used for 30 years in Europe — has captured the […]

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New dump truck app the latest in Uber-style market trend

Jun 27, 2019 (0) comment , , , ,

Peer-to-peer marketplace apps are all about getting rid of the often expensive and usually time-consuming intermediary process and connecting users directly to the services they need. This way of doing business has become popular with everything from vacation rentals a la Airbnb to ride sharing via Uber and Lyft. That desire for convenience — and […]

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