Construction scheduling software review and Chicago traffic changes
Chicago, August 29, 2025 News Summary A new review compares seven leading construction scheduling platforms and explains how upcoming Chicago expressway rehabilitation and a downtown street race will affect crew movement and deliveries. The software roundup highlights ProjectManager, Procore, Buildertrend, CoConstruct, Fieldwire, Smartsheet, and Contractor Foreman, weighing features like CPM, Gantt charts, mobile access, resource management, […]
Alloy and Vistria close $535M to build One Third Avenue Passive House tower
Downtown Brooklyn, New York, August 28, 2025 News Summary Alloy Development and the Vistria Group closed a $535 million capital package to build One Third Avenue, a roughly 725–730 ft, 63‑story Passive House mixed‑use tower in Downtown Brooklyn. The financing pairs more than $120 million in equity with $375 million in construction debt. The project will […]
Cabarrus County launches $2M Revolving Construction Loan Gap Fund
Cabarrus County, North Carolina, August 28, 2025 News Summary Cabarrus County seeded a $2 million Revolving Construction Loan Gap Fund to help nonprofits and social ventures finish affordable and workforce housing projects. Managed by a local housing nonprofit, the fund offers short-term, low-interest loans (1%–3%) to cover final construction gaps so projects can proceed. A Permanent […]
Johnston Carmichael Appoints New Tax Director
Inverness, August 28, 2025 News Summary Johnston Carmichael has appointed Alison McGlashan as the new Tax Director at its Inverness office. With over 20 years of experience in corporation tax and a focus on construction and property incentives, McGlashan aims to enhance the firm’s expertise in capital allowances. Her addition comes at a vital time for […]
Turkey Launches Nationwide Bunker Construction Program
Turkey, August 28, 2025 News Summary In a significant move to enhance civilian safety amidst rising geopolitical tensions, the Turkish government has initiated a comprehensive bunker construction program across all provinces. This initiative aims to create modern infrastructure for emergency shelters, particularly in urban areas, ensuring quick access for citizens during potential crises. Updated regulations will […]
Gulfport Implements Property Tax Breaks for Waterfront Development
Gulfport, Mississippi, August 28, 2025 News Summary Gulfport, Mississippi is launching property tax breaks for builders to stimulate waterfront development, a decade after Hurricane Katrina wreaked havoc. This initiative aims to enhance community spirit, encourage new home construction, and revitalize the local economy. While the program has previously benefitted many homeowners, there are concerns about equitable […]
Universal Orlando Enhances Epic Universe with New Sound Wall
Universal Orlando, August 28, 2025 News Summary Universal Orlando is making significant upgrades to its Epic Universe, including the construction of a new 17-foot sound wall designed to reduce noise and improve visitor experience. This project, valued at approximately $5 million, spans over 0.53 miles and features robust engineering to withstand high winds. Along with this, […]
Abilene Christian University’s Crutcher Scott Field Honored for Excellence
News Summary Abilene Christian University celebrates its achievement as Crutcher Scott Field receives the award for Best Sports and Entertainment Construction Project in Texas and Louisiana. The $17 million renovation, completed in about nine months, enhances fan experiences and player performance with modern features such as chairback seating, artificial turf, and upgraded facilities. The project, […]
Construction firms gain edge using ERP for project controls and crew management
United States, August 28, 2025 News Summary New industry studies find construction firms using enterprise resource planning (ERP) software outperform peers relying on spreadsheets or standalone tools. ERP users report stronger data-driven decision-making, tighter project controls and improved crew time management. Key findings include significantly higher satisfaction and effectiveness scores for general contractors and specialty trade […]
Procore and AWS announce multi-year AI and marketplace collaboration
United States, August 28, 2025 News Summary Procore Technologies and Amazon Web Services have entered a multi-year strategic collaboration to co-invest in AI, machine learning, data operability and joint go-to-market programs for the construction industry. The agreement includes listing the Procore construction management platform in a major cloud marketplace to simplify procurement and scaling. Joint development […]