Items Tagged with 'Project Delays'

Interactive center in Chicago is now expected to cost more than double the initial $300- million estimate, says the latest financial report from its non-profit owner.

Projects are moving forward, but delivery timelines are stretching, prompting firms to embrace flexibility and adaptability.

Financier Goldman-Sachs clouds future of Helmut Jahn-designed structure with 90-day review, first major city project to pause construction over COVID-19 economic impacts.

Most firms say they have sufficient backlogs to avoid widespread layoffs or furloughs, for now, but new design work is down in many market sectors.

As the U.S. economy contracts, the unemployment rate in construction jumped from 4.7% in April 2019 to 16.6% this April.

Why a comparison of the Queensferry Crossing and the east span of San Francisco-Oakland Bay Bridge is fruitful.