It is a race to the finish for “Block 37,” the beleaguered construction site in the Chicago Loop. Just as the first retail tenants ready for their opening day this fall, a consortium of lenders headed by Bank of America Corp. initiated foreclosure proceedings against developer Joseph Freed and Associates LLC. Photo: Tudor Van Hampton / ENR Block 37 shopping mall’s opening is threatened by a last-minute lawsuit. Image: Freed & Assoc. LLC Chicago’s Times Square Situated in the heart of State Street, the project was decades in the making. Photo: Gensler Trucks Fill-ups were timed to the Loop’s traffic
The growing need to collect, store and analyze the huge volumes of data collected from infrastructure project stakeholders is generating a new growth area for construction-sector firms, IT vendors and professionals.