Venture debt accelerates ultra-low carbon cement rollout while 3D-printed home and Contech Top 50 shape construction market
Yaroslavl, Russia, September 8, 2025 News Summary Three sector developments signal near-term shifts in construction and building materials. A climate-tech cement developer secured venture debt to scale an alkali-fusion, AI-driven ultra-low carbon cement that claims up to 85% CO2 reduction versus traditional Portland cement. In Yaroslavl a multi-company team completed Europe/CIS’s first residential 3D-printed house, printed […]
Architectural Services Market Set to Nearly Double as Digital and Sustainable Practices Accelerate
Global, September 7, 2025 News Summary The global architectural services market is valued at approximately USD 184.1 billion and is forecast to reach roughly USD 330.1 billion, implying a 7.57% compound annual growth rate over the forecast period. Growth is driven by urbanization, broad infrastructure programs and rising demand for sustainable, net‑zero design. The sector is […]
LightYX Secures $11M Series A to Scale Laser Projection for Construction
Tel Aviv, September 7, 2025 News Summary LightYX, a Tel Aviv–based construction technology startup, closed an $11 million Series A round led by NOVA by Saint‑Gobain, supported by multiple investors and prior government grants totaling $3.3 million. The financing will accelerate U.S. expansion, European partnerships, product development and manufacturing for its electro‑optical laser projection system that […]
FERC Reissues Final Order for Texas LNG as Project Gains Momentum
Port of Brownsville, Texas, September 6, 2025 News Summary The Federal Energy Regulatory Commission reissued the Final Order authorizing construction and operation of the Texas LNG export facility at the Port of Brownsville, clearing a major regulatory hurdle and accelerating the developer’s path to a targeted final investment decision before year‑end. The reauthorization follows a supplemental […]
T2 Hospitality acquires Washington Marriott at Metro Center for about $128M
Washington, D.C., September 6, 2025 News Summary Newport Beach-based T2 Hospitality has purchased the Washington Marriott at Metro Center in downtown Washington, D.C., in a deal reported at roughly $127.99 million (recorded about $128 million). The full-service hotel, listed with 454–459 keys, works out to roughly $281,916 per key and offers about 13,000 square feet of […]
Nemetschek Acquires Firmus AI via Bluebeam to Add Drawing‑First AI to Construction Workflows
Munich, September 6, 2025 News Summary Nemetschek will acquire Firmus AI through its Bluebeam subsidiary to embed drawing‑first artificial intelligence into mainstream construction review and markup tools. Firmus’ AI-REVIEW™ and AI-MATCH™ read 2D PDF drawings to detect missing information, scope gaps and cross‑discipline inconsistencies, enabling automated markups, prioritized issue reporting and phase‑to‑phase comparisons. The integration aims […]
Construction Technology Shift Accelerates with Drones, 3D Printing and Data Centers
Boise, Idaho, September 6, 2025 News Summary The construction sector is moving from pilots to routine use of advanced tools as drones, large-scale 3D printing and data‑center builds reshape jobsites. Drones and AI deliver georeferenced models, thermal inspections and automated volumetrics for progress tracking and safety. Gantry and robotic 3D printers cut stages, reduce waste and […]
Concord Summit Arranges $16.5M C-PACE Loan for 105‑Room Marriott Tribute in Santa Barbara
Santa Barbara, CA, September 5, 2025 News Summary Concord Summit Capital arranged a $16.5 million C-PACE construction loan to fund a new 105-room Marriott Tribute Hotel in Santa Barbara’s East Beach/Funk Zone. Sourced for borrower Stratus Development Partners, the financing helped lower the project’s blended cost of capital and attracted specialized lenders due to the seaside […]
Manufactured housing expands amid lender support and investor risks
United States, September 5, 2025 News Summary Manufactured housing is emerging as a lower-cost, faster-built alternative for buyers priced out of traditional homes. Improved lending channels, including USDA and government-sponsored programs, plus rising factory output, have expanded access to modern manufactured homes that often include site-built features at far lower cost per square foot. At the […]
Pave Finance Raises $14M to Accelerate AI Portfolio Platform Rollout
New York, September 5, 2025 News Summary Pave Finance closed a $14 million seed round that exceeded its initial target, securing additional capital to accelerate development and commercial rollout of its AI-powered portfolio management platform for wealth advisors. The funding will support enhanced AI and optimization capabilities, expanded trading and custody integrations, and scaling of operations […]