Construction News

California Launches AI Tool to Accelerate Building Permits

News Summary California introduces Archistar, an AI-powered software designed to streamline the building permit approval process in the wake of…

2 months ago

Beitel Group Secures $305 Million Loan for New Development

News Summary The Beitel Group has obtained a $305 million construction loan from SCALE Lending to develop a mixed-use project…

2 months ago

Taylor Morrison Secures $3 Billion Financing for Yardly Expansion

News Summary Taylor Morrison has secured a $3 billion financing deal with Kennedy Lewis Investment Management, aimed at advancing its…

2 months ago

First BanCorp Reports Strong Financial Performance

News Summary First BanCorp has announced a remarkable net income of $298.7 million for the year, showcasing substantial growth in…

2 months ago

Paducah City Commission Advances Southside Revitalization

News Summary The Paducah City Commission is advancing a revitalization plan for the Southside area, introducing financial incentives and plans…

2 months ago

Multifamily Housing Developments Face Major Challenges

News Summary The multifamily housing market is experiencing significant difficulties, with completions for apartments down nearly 40% year-over-year. While construction…

2 months ago

AMETEK Acquires FARO Technologies for $920 Million

News Summary AMETEK has successfully completed its acquisition of FARO Technologies, valued at $920 million. This strategic move enhances AMETEK's…

2 months ago

Autodesk Unveils Over 30 Enhancements to Construction Cloud Platform

News Summary Autodesk has launched more than 30 enhancements to its Construction Cloud platform, aimed at improving efficiency and productivity…

2 months ago

DroneDeploy Launches Progress AI for Construction Tracking

News Summary DroneDeploy has introduced Progress AI, an innovative tool that automates construction progress tracking using data from drones and…

2 months ago

Modular Wall Panel Systems Market Poised for Growth

News Summary The Modular Wall Panel Systems Market is on a growth path, projected to rise from USD 1.6 billion…

2 months ago