Surge in Industrial Construction Sweeps South Texas Amid National Slowdown

Construction site showing industrial buildings being developed in South Texas.

News Summary South Texas is experiencing a significant increase in industrial construction, surpassing national trends. With nearly 47.8 million square feet under construction, Houston leads the charge with 17.8 million square feet of projects. Leasing activity is up 84% year-over-year, fueled by substantial investments from major companies like Amazon and Foxconn. The region’s industrial market […]

Overnight Closures Scheduled for US 90A Bridge Construction

Construction of the US 90A bridge in Fort Bend County

News Summary The Texas Department of Transportation (TxDOT) has announced overnight closures for six weeks as construction on the US 90A bridge in Fort Bend County begins. These closures, impacting traffic between Cunningham Creek Boulevard and Ellis Creek Boulevard from 9 p.m. to 5 a.m., aim to improve traffic flow. The project is part of […]

Speedchain Secures $111M to Scale Construction Expense Platform

Project team viewing an expense management dashboard on tablets in a construction site office

Atlanta, September 10, 2025 News Summary Speedchain closed $111 million in combined debt and equity financing to expand its commercial card programs and expense management platform for construction and project-driven businesses. The capital will accelerate go-to-market efforts, product innovation, and a national rollout, while strengthening partnerships that pair software controls with a global card network’s benefits. […]

OpenSpace unveils Visual Intelligence Platform with smartphone-first capture

Construction site with workers using smartphones, drones and BIM overlays showing progress tracking

San Francisco, September 10, 2025 News Summary At its Waypoint summit in San Francisco, OpenSpace introduced a Visual Intelligence Platform combining smartphone-first field capture with milestone-based analytics. The suite includes OpenSpace Field, which uses Spatial AI to pin photos to floorplans and align imagery to BIM, and OpenSpace Progress Tracking, a milestone-driven service powered by an […]

Construction project management software market poised for rapid growth

Construction site with workers using tablets and holographic BIM and schedule overlays, plus drones overhead

Global, September 10, 2025 News Summary Global demand for construction project management software is accelerating as owners, contractors and programs seek unified platforms for scheduling, budgeting, document control, resource tracking, collaboration and reporting. Cloud and mobile access, integration with BIM, AI, IoT and drones, and rising infrastructure investment are expanding use across complex, multi-project programs. Reported […]

The Averly Richmond Hill breaks ground on $60M mixed-use project

Rendering of The Averly Richmond Hill mixed-use development showing apartments, townhomes and retail pad sites along Ford Avenue

Richmond Hill, Georgia, September 8, 2025 News Summary ECI Group has broken ground on The Averly Richmond Hill, a $60 million mixed-use development along Ford Avenue in Richmond Hill, Georgia. The project will deliver 291 residential units — 243 apartments and 48 three-story townhomes with two-car garages — plus more than 3.5 acres of retail pad […]

Czech industrial output accelerates as manufacturing and construction lift economy

Modern Czech factory and construction site with assembly line, machinery, shipping containers and cranes

Czech Republic, September 8, 2025 News Summary Industrial production in the Czech Republic strengthened, driven by broad gains in motor vehicles, machinery, chemicals, pharmaceuticals and fabricated metals. New orders rose notably, with domestic demand especially strong, while construction output and the value of building permits jumped, signaling further activity ahead. Exports outpaced imports, narrowing the goods […]

Latin America construction market faces strong demand amid diverging forecasts

Urban skyline with cranes, infrastructure projects and sustainable construction elements in Latin America

Latin America, September 8, 2025 News Summary Two recent studies present conflicting size and growth estimates for the Latin America construction market but agree on core dynamics: robust urban and infrastructure demand, large public investment programs and expanding PPPs, cost and logistics pressures, a widening skills gap, heightened climate risks, and increased focus on sustainability and […]

Nedinsco launches NedEye, a European drone gimbal for tactical ISR

European NedEye drone gimbal mounted on a tactical UAV in flight

Netherlands, September 8, 2025 News Summary Nedinsco has launched NedEye, a fully European-designed airborne gimbal for tactical ISR missions aimed at medium-weight drones. Built for fixed-wing and rotary platforms in the 2–150 kg class, NedEye combines advanced optical and digital continuous zoom, mechanical and software image stabilisation, night-vision sensors and onboard AI for automated detection and […]