Construction News

Pro Kapital Grupp Begins Construction of Blue Marine Residential Building

News Summary Pro Kapital Grupp has announced the start of construction for the Blue Marine residential building in the prestigious…

1 month ago

AI Revolutionizes Schedule Risk Analysis in Construction Projects

News Summary Construction projects face inherent uncertainties that lead to delays and increased costs. The integration of Artificial Intelligence (AI)…

1 month ago

Northeast Georgia Rehabilitation Institute Opens New Facility in Gainesville

News Summary The Northeast Georgia Rehabilitation Institute has unveiled a new rehabilitation hospital in Gainesville, Georgia. This modern facility covers…

1 month ago

New HBIM Method Revolutionizes Preservation of Guangxi’s Zhenwu Pavilion

News Summary A groundbreaking Heritage Building Information Modeling (HBIM) method has been developed to enhance the digital preservation of ancient…

1 month ago

Fluence Energy to Build Major Battery Storage Facility in Australia

News Summary Fluence Energy has secured a contract with AGL to construct the 500 MW / 2000 MWh Tomago Battery…

1 month ago

Foundation Software Releases Guide for Davis-Bacon Compliance

News Summary Foundation Software has introduced a new guide titled 'Five Facts on Davis-Bacon Wages Every Contractor Needs to Know',…

1 month ago

Investment Surge in Autonomous Machinery

News Summary The construction sector is witnessing a notable shift towards autonomous machinery, with six startups raising over $200 million…

1 month ago

Komatsu Reports Decline in Q1 Performance Amid Economic Challenges

News Summary Komatsu, a leading player in construction and mining equipment, reported a decline in Q1 performance due to economic…

1 month ago

High Interest Rates Challenge Chicago’s Commercial Real Estate Developers

News Summary Chicago’s commercial real estate landscape is shifting as developers adapt to high interest rates and tighter lending conditions.…

1 month ago

MBA Calls for Reform in Construction Lending Policies

News Summary The Mortgage Bankers Association (MBA) has proposed significant reforms to enhance access to construction and renovation financing. Their…

1 month ago