Peab and Unibail-Rodamco-Westfield (URW) have reached a settlement agreement that fully resolves all matters related to the Mall of Scandinavia contract. As part of the agreement, Peab will see a liquidity increase of SEK 1 billion in the third quarter…
Balfour Beatty and Holt Brothers Complete Gipson Play Plaza, Southeast’s Largest Adventure Playground at Dix Park The joint venture between Balfour Beatty and Holt Brothers Construction has completed the transformative Gipson Play Plaza at Dorothea Dix Park in Raleigh, North…
At the prestigious Velo-city congress in Gdańsk, the European Cyclists’ Federation (ECF) honored the Berdychów Bridges project in Poznań—delivered by Budimex SA—with an award in the Cycling Infrastructure category. The accolade recognizes Europe’s most innovative bicycle transport solutions. The Berdychów…
Balfour Beatty has been featured in New Civil Engineer as part of a broader industry discussion on advancing LGBTQ+ inclusion across the construction sector—not just during Pride Month, but every day of the year. The article underscores the importance of…
HOCHTIEF, in partnership with IONOS Group, has officially submitted an Expression of Interest to the European Commission for the development and operation of a cutting-edge AI Gigafactory. The proposed facility will deliver a high-performance data center infrastructure, with operations expected…
HomeSafe Alliance received formal notice from the U.S. Department of Defense’s Transportation Command (TRANSCOM) that the Global Household Goods Contract—awarded to HomeSafe in 2021—has been terminated. The contract was intended to overhaul and modernize the military moving system to better…
LP Building Solutions (LP), a leading provider of high-performance building products, has announced the appointment of Tony Hamill as Senior Vice President and Chief Operating Officer, effective June 30, 2025. “This new role marks a key step in executing our…
Voyage Capital Group, a Dallas-based real estate investment and development firm, has successfully closed an acquisition and construction completion loan for the AC Hotel by Marriott at Denver Gateway Park in Denver, Colorado. Peachtree Group, an Atlanta-based investment firm, has…
BAM’s transformative redevelopment of Temple Quay House in Bristol is redefining what sustainable government buildings can achieve. Recognised with a prestigious Silver Considerate Constructors Scheme (CCS) National Award, the project is a leading example of how public-private collaboration can deliver…
Garnett Station Partners (GSP), a New York-based investment firm managing over $3.5 billion in assets, has launched Skybound Service Partners (“Skybound”), a new commercial roofing services platform, in partnership with Jack Miner, who will serve as its Founder and President.…
A newly published report reveals that the UK Government’s target of delivering 1.5 million new homes by 2029 could unlock £103 billion in total social value—making a strong moral and financial case for accelerating housing delivery to address the country’s…
Tutor Perini Corporation (NYSE: TPC), a leading civil, building, and specialty construction company, has announced the promotion of Leonard Kaae to President of its Guam-based subsidiary, Black Construction Corporation. With more than 40 years of service at Black Construction, Mr.…
