Construction Permits Granted for New Dwelling in Rittenhouse Square
Rittenhouse Square, October 9, 2025 News Summary Permits have been granted for a new single-family dwelling at 524 South 17th Street in Rittenhouse Square. The three-story structure will cover 1,933 square feet and includes various modern design features. The project aims to enhance the housing landscape in this vibrant neighborhood while adhering to zoning regulations. With […]
Construction Firms Gaining Major Tax Relief Under New Act
USA, October 9, 2025 News Summary The One Big Beautiful Bill Act (OBBBA) proposes significant tax relief for construction firms, introducing permanent bonus depreciation and higher Section 179 limits. These changes aim to alleviate labor shortages and rising costs by enabling immediate deductions for equipment and research expenditures. As the construction industry faces critical hiring challenges, […]
Ezee Fiber Expands High-Speed Internet Access in Texas Communities
News Summary Ezee Fiber has begun construction to expand high-speed internet access in Texas cities including Dayton, Liberty, Brookshire, and Kenefick. This initiative will provide thousands of homes and businesses with enhanced multi-gig broadband services crucial for modern online activities. The project is set to continue through 2026, with construction scheduled mainly from Monday to […]
Burns & McDonnell Secures $80 Million Contract for Water Facility
News Summary The City of San Marcos has awarded Burns & McDonnell an $80 million contract to build a new water reclamation facility. The project will address wastewater treatment demands due to anticipated residential growth. The facility is designed to treat 2 million gallons per day, with potential expansion to 8 million. Work begins in […]
Nemetschek and WakeCap partner to advance GCC construction technology
GCC, October 9, 2025 News Summary Nemetschek Group has formed a strategic partnership with WakeCap Technologies to accelerate digital transformation across the GCC construction sector. The collaboration combines Nemetschek’s software portfolio with WakeCap’s sensor-powered project-controls platform to pursue joint go-to-market strategies, potential integrations with platforms like Bluebeam, dTwin and GoCanvas, and knowledge exchange. WakeCap’s system, deployed […]
Post Brothers secures $170 million loan for Piazza Alta Phase II
Northern Liberties, Philadelphia, October 8, 2025 News Summary Post Brothers has obtained a $170 million construction loan to build Phase II of Piazza Alta in Northern Liberties. The financing will fund two new podium‑topped buildings — eight and 16 stories — adding 431 apartments and bringing the full complex to 1,126 units. Phase II will include […]
President Urges Mortgage Backers to Push Large Homebuilders to Increase Supply
, October 8, 2025 News Summary The White House called on major government-controlled mortgage backers to encourage large homebuilders to accelerate construction, sparking questions about how that would work amid a softening housing market. Fannie Mae and Freddie Mac together guarantee a large share of U.S. mortgages, and any shift in their practices could affect construction […]
Construction Design Software Market Projected to Reach $15.4 Billion Driven by BIM, AI and Cloud
Global, October 8, 2025 News Summary The global construction design software market is valued at US$9.9 Billion and is projected to reach US$15.4 Billion, driven by rapid adoption of BIM, AI, cloud platforms and digital twin technologies. These tools enable 2D/3D modeling, structural analysis, clash detection and real-time collaboration, helping firms reduce risk, cut costs and […]
RapidWorks expands after acquisition as Calgary waste programs shift
Calgary, October 8, 2025 News Summary RapidWorks has appointed a new president after acquiring CRO Software to strengthen field management tools for heavy equipment and waste-recycling verticals. In Calgary, Collective Waste Solutions purchased Fin-Wall Site Services and will rebrand and integrate operations to expand regional commercial waste capacity. The City of Calgary is adjusting recycling, organics […]
G Mining secures up to US$537.5m for Oko West as environmental permit cleared
Oko West, Guyana, October 7, 2025 News Summary G Mining Ventures has lined up an initial US$387.5 million financing package for the Oko West gold project in Guyana, with an option to increase funding by US$150 million after closing, potentially totaling US$537.5 million. The package includes a US$350 million revolving credit facility and up to US$37.5 […]