Monthly Archives: September 2024

Lendlease completes sale of $1.8B of work to Consigli

View the Full Post Here Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. Lendlease is continuing its efforts to pull out of or wrap up its international work. This month, the company completed the sale of its New York and New Jersey business and struck […]

Bechtel wins $453M Michigan solar project

View the Full Post Here Listen to the article 2 min This audio is auto-generated. Please let us know if you have feedback. Award: Sunfish Solar 2 solar farmValue: $453 millionLocation: Calhoun County, MichiganClient: Hecate Energy Chicago-based renewable power provider Hecate Energy has selected Reston, Virginia, construction giant Bechtel to build Sunfish Solar 2, the […]

How to tell if a project owner is in financial trouble

View the Full Post Here Listen to the article 6 min This audio is auto-generated. Please let us know if you have feedback. Dan Rosenberg is a construction attorney at law firm Much Shelist, where he supports clients in construction, design, real estate and insurance matters. Prior to that, Rosenberg was the general counsel for […]

Phoenix GC breaks ground on $70M data center in Mesa, Arizona

View the Full Post Here Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. Mesa, Arizona, is fast becoming a key hub for data centers as shovels continue to hit dirt in the city to meet surging demand for AI-capable computing facilities. Phoenix-based Haydon recently broke […]

Construction input costs stabilize as contractors eye relief

View the Full Post Here Dive Brief: Construction input prices inched up marginally in August but have eased over the past year, according to an analysis by Associated Builders and Contractors, just as the Federal Reserve prepares to decide whether to cut interest rates next week. Overall construction costs ticked up 0.1% in August, according […]

Skanska EVP and general counsel steps down

View the Full Post Here Listen to the article 2 min This audio is auto-generated. Please let us know if you have feedback. Sweden-based contractor and developer Skanska announced Friday that its executive vice president and general counsel has stepped down. Caroline Fellenius Omnell has been with Skanska for eight years, according to the release, […]