Worries over price inflation and persistent labor shortages have cooled optimism among construction execs, but overall confidence in the market remains strong.
Following a period of strong recovery, construction activity has begun to cool, largely due to emerging COVID-19 variants, high materials prices, a worker shortage and other challenges.
Giant power provider's investment in grid clean energy and modernization now nears $17 billion through 2025, its CEO told investors on Sept. 29. Ralph Izzo supports Democrats' controversial Clean Electricity Performance Program, contained in the pending $3.5T reconciliation bill.
It was a long-standing dream—not only of Ersin Arıoğlu, but of a nation. Could a suspension bridge someday cross the Dardanelles Strait in Turkey and provide another link between Europe and Asia?
Overcoming potential delays ranging from steel fabrication and permits to wildfires and the global pandemic, the three-level facility was substantially complete just two years after construction began.
The cancer clinic is the second in a series of prototypes Cedars-Sinai is using to expand offerings and develop new ways of delivering enhanced medical care.
This laboratory challenges the traditional sterile aesthetic of research facilities by combining three warehouses into a single incubator lab, augmented by a three-story addition. The complex MEP system addresses specific operational requirements for offices and labs.
Completed in just over two years, the 17-story, 340-000-sq-ft office building is the U.S. Navy’s first high-rise and the federal government’s first collaboration with a private developer for a build-to-suit office building.
Located on a 4.7-acre former brownfield, the two-story library and arts center provide the centerpiece of the city’s effort to create a walkable arts and community center.