Build Up High School Internship Expands to Boost Diversity in Construction
Seattle, October 13, 2025 News Summary DPR Construction’s Build Up program is growing, offering paid, eight-week internships that give high school juniors and seniors hands-on exposure to construction management, technology and business skills. Accessible to low-income and first-generation students, the program pairs interns with professionals on active job sites and trains them on industry tools like […]
CAF loan, Los Cabos growth and Cape Verde 5G drive regional infrastructure push
, October 12, 2025 News Summary Major regional investments are advancing across Latin America and the Atlantic: the Development Bank of Latin America and the Caribbean (CAF) approved a US$96 million loan for Cabo de Santo Agostinho to fund sanitation, drainage, roads, social infrastructure and a new Women’s Hospital benefiting over 200,000 residents. In Los Cabos, […]
Key International secures $121M loan from ABANCA USA for Amara Bay waterfront development
12000 Gandy Boulevard, North St. Petersburg, Florida, October 11, 2025 News Summary Key International obtained a $121 million construction loan led by ABANCA USA to fund Amara Bay Residences & Marina, a 39-acre waterfront mixed-use community at 12000 Gandy Boulevard in north St. Petersburg. The development will feature 415 luxury apartments, multiple two-story rental townhomes, an […]
NEC X Announces Seven Startups for Elev X! Ignite
Palo Alto, Calif., October 11, 2025 News Summary NEC X unveiled seven startups selected for Batch 14 of its Elev X! Ignite venture studio, a program designed to accelerate early-stage founders with deep technical and commercial support. The six-week selection drew hundreds of applicants, with just 9.3% advancing and nearly 90% of submissions focused on AI-driven, […]
WarHorse Gaming secures $300M refinancing to fund South Sioux City casino and Nebraska expansions
South Sioux City, Nebraska, October 10, 2025 News Summary WarHorse Gaming completed a $300 million, five-year refinancing to fund a new casino and racetrack complex in South Sioux City and continued buildouts at its Omaha and Lincoln venues. The South Sioux City project is estimated at $50 million to $60 million-plus and will include live racing, […]
AMG Building Launches Mobile App for Remote Construction Oversight
Rabat, October 10, 2025 News Summary AMG Building, a Marrakech-based developer, has launched a mobile application that lets clients follow and approve construction projects remotely. The app centralizes communications and documentation to enable milestone tracking, document approvals, photo and media viewing, and direct messaging with project managers. Designed for local and international buyers in Europe, North […]
ConCntric raises $10 million Series A to expand agentic AI and scale preconstruction platform
San Francisco, California, October 10, 2025 News Summary ConCntric, a San Francisco–based AI-powered preconstruction platform, secured a $10 million Series A led by 53 Stations with participation from Argonautic Ventures. The funding will deepen the company’s agentic AI capabilities, expand product and engineering teams, and scale customer success, sales, and marketing. ConCntric’s platform, built to manage […]
Sany Heavy Industry to pursue Hong Kong dual listing to raise about $1.5 billion
Hong Kong, October 9, 2025 News Summary Sany Heavy Industry is preparing a Hong Kong share sale that could raise about US$1.5 billion through a dual listing while its 2024 net profit rose 32% to 6.1 billion yuan. The Beijing-based construction-equipment maker may attend a Hong Kong exchange hearing soon and begin investor outreach shortly. Citic […]
Capital Funding Group closes $179.8M loan for Emerson Lakes senior living campus
Sarasota County, Florida, October 9, 2025 News Summary Capital Funding Group closed a $179.8 million construction loan to finance phase one of Emerson Lakes, a continuing care retirement community in Sarasota County, Florida. The financing supports site work and vertical construction for four phase-one buildings — a community building and three residential structures — that will […]
Michigan’s Transformational Brownfield Program Faces Funding Challenges
Michigan, October 9, 2025 News Summary Michigan’s Transformational Brownfield Program is encountering significant funding issues, impacting high-stakes development projects. While state leadership discusses new tools for job creation, the program’s funding cap is nearly exhausted, limiting future developments. Recent conversations regarding job-creation tax breaks provide some optimism, but concerns remain about the program’s future. Key projects […]