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Saudi developer awards $510m deals for first Riyadh mixed use project
ROSHN, Saudi Arabia’s national community developer backed by the Public Investment Fund, has announced new partnerships with Shapoorji Pallonji Mideast and Siemens to support the development of the first phase of its first landmark Riyadh project.
ROSHN said it has...
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Construction sector’s ‘exemplary record’ on Covid-19 defended as shutdown looms
The “exemplary record” of the construction sector in protecting workers from Covid-19 has been defended amid an expectation that work on most building sites will be halted due to the surge in new cases of the disease.
Tom Parlon, director...
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US construction spending hits record high in November 2020
US construction spending rose to a record high in November 2020, boosted by a robust housing market amid historically low mortgage rates.
According to the Commerce Department, spending increased 0.9 percent to $1.459 trillion, the highest level since the government...
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How ground-penetrating radar (GPR) Tech Can Provide Safety, Efficiency & Revenue Benefits
Contractors are adding ground-penetrating radar to one-call utility-locating services to enhance accuracy, safety and risk avoidance on job sites
Residential and commercial inspectors, plumbing and utility contractors, and electricians are finding that the use of ground-penetrating radar (GPR) provides a...
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Buildertrend Construction Software Startup Secures Investment
Buildertrend, a provider of cloud-based software for homebuilders, remodelers and specialty contractors, announced that it has received an investment from Bain Capital Tech Opportunities and HGGC to accelerate its growth and expand the services it provides to customers.
This first...
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New Zealand construction pipeline feels COVID-19 impact
A report commissioned by New Zealand’s Ministry of Business Innovation and Employment says the country’s construction sector is likely to continue to feel the impact of COVID-19 for the next few years.
According to the National Construction Pipeline Report 2020,...
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Seattle’s $1B NHL venue to be first certified net-zero carbon arena
Climate Pledge Arena, the future home of NHL expansion franchise the Seattle Kraken and WNBA team Seattle Storm, will be the first certified net-zero carbon arena in the world when it opens in October 2021. Mortenson is the general...
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