Detailed HBIM of Song‑dynasty Chuzu Temple Main Hall and Revit family library
Dengfeng, Henan Province, China, August 15, 2025 News Summary A research team produced a millimetre-accurate Heritage Building Information Model (HBIM) of the Main Hall at Chuzu Temple in Dengfeng, Henan. Using 1.1 billion-point terrestrial laser scans, roughly 3,000 drone images, manual measurement and archival records, they modelled complex Song‑dynasty timber elements and inferred hidden interlocking joints. […]
Hamburg SaaS plancraft raises €38M to scale voice-first construction software
Hamburg, Germany, August 15, 2025 News Summary A Hamburg-based construction SaaS company raised €38 million in a Series B round, taking total funding above €50 million. The capital will accelerate product and AI development, expand the firm’s European footprint, and fund hires in product and machine-learning roles. The startup focuses on a voice-first platform that lets […]
Outbuild urges construction teams to move off Primavera P6, Microsoft Project and Excel
Online, August 15, 2025 News Summary A sponsored report from scheduling platform Outbuild urges construction teams to abandon legacy tools like Primavera P6, Microsoft Project and Excel in favor of modern construction scheduling software. The report lists 10 reasons to switch, including poor field support, lost change histories, limited reporting, and integration gaps. Modern platforms offer […]
W&W Group posts €91 million IFRS profit as construction lending jumps
Kornwestheim, August 14, 2025 News Summary Wüstenrot & Württembergische (W&W) reported a strong turnaround with IFRS consolidated earnings of €91 million for the first half, reversing a prior loss. All main business divisions grew, led by a 27.6% surge in new construction lending to €2.8 billion. Building savings and insurance premiums also rose, while underwriting improved […]
Gantry Arranges $11.75M Construction Loan for 14 South Lake Tahoe Townhomes
South Lake Tahoe, California, August 14, 2025 News Summary Gantry arranged an $11.75 million construction loan to build 14 for-sale townhomes at 3708 Lake Tahoe Blvd and 3709 Osgood Ave in South Lake Tahoe. Construction is underway on the combined 0.72-acre site, backed by an 18-month financing package that required no pre-sales. Gantry’s Los Angeles and […]
City of Victoria Issues Building Permits
Victoria, August 14, 2025 News Summary The City of Victoria has issued multiple building permits across commercial and residential projects, focusing on renovations and new constructions. Key permits include reroofing, office permits, and various utility projects. The week witnessed a total of 11 residential building permits, reflecting the city’s ongoing efforts in infrastructure development and enhancement […]
The Boring Company Initiates Nashville High-Speed Tunnel Construction
Nashville, August 14, 2025 News Summary The Boring Company has begun construction on a high-speed tunnel project that will connect downtown Nashville to the Nashville International Airport. The excavation started at a state-owned lot, and the project aims to improve transport efficiency for residents and visitors. With a focus on zero emissions, the privately funded venture […]
Concerns Rise as Northeast Texas Water Planners Halt Marvin Nichols Reservoir Project
News Summary The proposed Marvin Nichols Reservoir project in Northeast Texas faces opposition, leading to a pause in its development. Community members express concerns over ecological impacts and displacement, prompting a reevaluation of water sourcing options. Alternative solutions like transporting water from the Toledo Bend Reservoir are being studied to address future water needs for […]
Economic Slowdown in Texas Triggers Job Growth and Construction Declines
News Summary Texas is currently experiencing a significant economic slowdown impacting job growth and causing declines in the construction sector, according to the Federal Reserve Bank of Dallas. Construction contract values have dropped by nearly 30 percent since January, raising concerns among business leaders. This downturn is largely attributed to rising tariffs, increasing material costs, […]
Nexa Equity Makes Growth Investment in Facility Grid to Accelerate Product Roadmap
Boston, MA, August 14, 2025 News Summary Nexa Equity has made a growth investment in Boston-area software company Facility Grid to accelerate its product roadmap, expand customer support and improve customer experience. Facility Grid’s cloud-based Operational Readiness (OR) platform provides real-time tracking, verification and documentation for mechanical, electrical and plumbing systems, streamlining commissioning and turnover to […]