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Modular construction is known for saving time and money but has bigger picture potential to impact the future of the construction workforce. Despite so many aspects of the economy and daily lives stalling during the pandemic, modular construction took off. The need to rapidly add or adjust space paved the way for modular solutions which helped meet urgent needs for affordable housing, healthcare facilities and data center capacity, among other things, quickly.
Physical asset management optimization requires the integration of People, Processes, Information, and Technology. People come first. Integrating internal and external Planning, Procurement, and Project Delivery Team under supportive and committed leadership is step one. Any failure in this area severely restricts any subsequent efforts or investments made to achieve significant improvements in efficiency.
Planned $237M purchase ends after few weeks, with Italian contractor missing deadline for $20M loan to prop up Clough finances, and "no reasonable prospect" of deal being completed, firms say.
Our client Glenn Howells Architects has been named Building Design’s Office Architect of the Year 2022. This is a fantastic achievement and is a testament to the hard work and dedication of the whole team. The award recognises the quality of the work that the practice has produced including some truly outstanding projects. We would like to take this opportunity to congratulate Glenn Howells Architects on this fantastic achievement and we look forward to continuing to work with them and managing
Construction firms that rely on fixed budgets and outdated procurement methods are losing ground fast. This guide reveals how market leaders are managing financial risk by shifting to incremental budgeting, regional sourcing, and real-time cost tracking. Learn how to structure contracts with price protections, streamline procurement workflows with automation, and avoid labor cost increases with smarter workforce planning.
Investment includes purchase of existing building adjacent to Brooklyn, N.Y., facility new build and renovations, and enlarged faculty and research funding.
Our client Glenn Howells Architects has been named Building Design’s Office Architect of the Year 2022. This is a fantastic achievement and is a testament to the hard work and dedication of the whole team. The award recognises the quality of the work that the practice has produced including some truly outstanding projects. We would like to take this opportunity to congratulate Glenn Howells Architects on this fantastic achievement and we look forward to continuing to work with them and managing
Like almost all of the construction industry, specialty contractors on the West Coast endured a challenging 2020. Many were relieved this past year to see stalled work move ahead while new projects stayed the course. Generally, firms saw improved revenue in 2021, but challenges remain as many also reported mixed results.
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Like almost all of the construction industry, specialty contractors on the West Coast endured a challenging 2020. Many were relieved this past year to see stalled work move ahead while new projects stayed the course. Generally, firms saw improved revenue in 2021, but challenges remain as many also reported mixed results.
NEW YORK – Troutman Pepper, as specialty construction counsel, represented a consortium of investors consisting of Vantage Airport Group, JetBlue, American Triple I, and RXR Realty in a deal to build, finance, and operate a new US$4.2 billion passenger terminal at New York’s John F. Kennedy International Airport (JFK). The financial close of the deal was announced on November 17.
An August report from analyst Standard & Poor's says that the design-build contractor on the $5.7-billion Gordie Howe Bridge is facing substantial delays due to incomplete designs and unknown conditions on the Michigan Interchange portion of the project.
Standard & Poor's says design-build contractor on the $5.7-billion U.S.-Canada crossing faces substantial delays due to incomplete designs and unknown conditions on the project's Michigan Interchange portion. .
Shots damaged two Duke Energy substations in Moore County and knocked out power to estimated 45,000 customers, as search for perpetrator mounts and utility estimates days to fully restore service.
Construction projects are high-stakes operations where even minor inefficiencies can lead to costly delays, safety concerns, and budget overruns. Managing risk in construction has always been a challenge, but as projects grow in complexity, traditional methods no longer cut it. Enter Digital Transformation - a game changer approach that replaces inefficiency with AI-powered analytics, real-time monitoring, and automated workflows to proactively manage risk.
Generative AI is already transforming how the construction industry operates. This concise guide walks you through its real-world impact on design, planning, job site logistics, and sustainability. Learn how contractors are using AI to reduce costs, improve worker safety, and shorten build times. Get a detailed look at the tools and platforms making it possible, including AI-driven robotics and material optimization.
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