The global construction market is red hot for some firms and stone cold for others as contractors deal with unpredictable project risks while readying for new growth opportunities.
While 2020 saw many industries shuttered for months and others forced to limp along, the pandemic’s effect on production was but a blip on the radar of Utah-based Big-D Construction.
Most areas of the Mountain West seem to be recovering well from the pandemic downturn, with many market sectors showing resilience, including multifamily, warehouses, manufacturing, industrial facilities and distribution and data centers. Industry leaders also express great optimism for the passage of the new infrastructure bill.
U.S. real estate giant's deal for majority share of U.K.-based PM and market consultant has mutual benefit, but concerns cited in mantaining T&T advisory independence
As the dust from a tumultuous 2020 settles and threatens to kick up again, ENR MidAtlantic’s Top Contractor survey reveals that the firms taking part in this year’s ranking ended up being no worse for wear from a revenue standpoint.
Transurban-Macquarie will spend $54M over next year to develop preliminary designs for added toll lanes and major bridge upgrade; state also will weigh proposals in fall for design-build contractor to replace Fluor on its stalled Purple Line rail P3.