Construction News

Non-Tech SaaS Companies Surpass Tech Rivals with Vertical Solutions

News Summary Non-tech industries are outpacing traditional tech SaaS firms in growth, achieving rates two to three times higher. Companies…

2 weeks ago

New Study Evaluates Text Embedding Models for Built Asset Data Alignment

News Summary A recent study has benchmarked various text embedding models to assess their effectiveness in automating the alignment of…

2 weeks ago

Sabah’s Infrastructure Transformation with BIM Adoption

News Summary In Sabah, Malaysia, the construction and infrastructure sectors are evolving through the adoption of Building Information Modelling (BIM).…

2 weeks ago

Grand Paris Express Project Transforms Urban Transit

News Summary The Grand Paris Express is set to revolutionize urban transit with a $41 billion investment aimed at expanding…

2 weeks ago

Bild AI Secures $3.1 Million to Innovate Construction Process

News Summary Bild AI, a startup aimed at transforming blueprint processing in the construction sector, has raised $3.1 million in…

2 weeks ago

Balfour Beatty Begins Construction on Luxury Apartment Building

News Summary Balfour Beatty has officially commenced construction on a $260 million luxury apartment building named 1301 in Washington D.C.…

2 weeks ago

New $65.5 Million Multifamily Development Planned for Denver’s River North Art District

News Summary JLL Capital Markets has secured $65.5 million for a new multifamily development at 3850 Blake in the River…

2 weeks ago

Construction Financing Secured for New Student Housing Near University of Michigan

News Summary CRG and Shapack Partners have secured financing for Chapter Ann Arbor, a 19-story student housing project located close…

2 weeks ago

Chicago City Council Approves $127 Million LeClaire Courts Redevelopment

News Summary The Chicago City Council has approved a significant funding initiative of $127 million for the redevelopment of LeClaire…

2 weeks ago

Home Bancorp Reports Strong Performance Amid Banking Challenges

News Summary Home Bancorp has shown remarkable growth in its recent quarterly performance, demonstrating resilience in the banking sector. With…

2 weeks ago