Construction Advances on New Royal Farms Store in Montgomery Hills

Construction site for new Royal Farms store in Montgomery Hills

News Summary Construction is progressing on the new Royal Farms store at 9475 Georgia Ave. in Montgomery Hills, despite appeals from local residents concerned about its impact. The Montgomery County Board of Appeals approved permits allowing construction to move forward. The site, once home to a gas station, will soon feature a full-service convenience store […]

Texas Launches West Galveston Beach Nourishment Project

Ongoing beach nourishment project in Galveston, Texas

News Summary The Texas Land Commissioner has announced the start of the West Texas Beach Nourishment Project, an essential effort to combat coastal erosion at Galveston. This project, a collaboration with the Texas General Land Office, the City of Galveston, and the U.S. Army Corps of Engineers, will enhance 1.8 miles of beachfront, using dredged […]

Construction Project on West Texas Street to Enhance Safety and Accessibility

Construction workers on West Texas Street enhancing safety and accessibility

News Summary A significant construction project on West Texas Street aims to improve safety and accessibility for all users, kicking off later this year. Awarded to Ghilotti Bros. Inc., the nearly $11.6 million project is set to last 12 months, focusing on enhancements such as upgraded traffic signals, safer sidewalks, and improved access to transit […]

Decline in Trust and Pragmatic Approach Marks AI Adoption in Construction

A construction site enhanced by AI technologies for project management.

News Summary The construction industry is experiencing a decline in trust regarding AI adoption, with only 68% of leaders believing AI will positively impact their sector. This skepticism reflects a hype cycle phenomenon and highlights challenges related to data quality and the tech skills gap. Companies must focus on effective training and data governance practices […]

Groundbreaking for New Green Meadow Elementary School in Maynard

Groundbreaking ceremony for Green Meadow Elementary School

News Summary CTA Construction Managers has broken ground on the new Green Meadow Elementary School in Maynard, MA. The 90,525 square-foot facility will accommodate around 395 students, featuring a Pre-K program and various educational resources. The project, led by Mount Vernon Group Architects, emphasizes sustainable building practices while enhancing local educational infrastructure. With a planned […]

AI Adoption Accelerates Across Small Businesses

Small business owners collaborating with AI technology

News Summary Small businesses are rapidly adopting artificial intelligence (AI) to enhance operations and address various challenges. AI is proving valuable in areas like staffing, customer engagement, and data analysis. By combining human efforts with AI, businesses can improve service delivery while maintaining a personal touch. Gradual implementation strategies, known as ‘microtransformations,’ are being advised […]

Exyte Reports Sales Decline, Yet Plans Expansion

Construction of a high-tech facility by Exyte

News Summary Exyte GmbH has reported a significant sales decline of 4.7%, totaling €7.1 billion, primarily due to completed mega-projects in Asia. Despite this, the company is optimistic about future growth, focusing on expanding into North America and Europe, where it experienced a surge in order intake, especially in the semiconductor sector. The company’s investments […]

Latin American Construction Market Set for Major Growth

Construction site reflecting growth in Latin America

News Summary The Latin American construction market is poised for significant growth, expected to achieve a 5% compound annual growth rate through 2029. Valued at approximately $675.99 billion, projections indicate it could reach $905 billion by 2030. Urbanization, increased government spending on infrastructure, and a demand for sustainable construction are key drivers. Climb Channel Solutions’ […]

Southold Town Planning Board Extends Enclaves Hotel Project

Conceptual rendering of the Enclaves hotel complex with cottages and restaurant.

News Summary The Southold Town Planning Board has granted a six-month extension to The Enclaves hotel project amid community concerns over delays, stockpiled sand, and financing issues. Developers are facing challenges, including the withdrawal of a $25 million financing commitment and opposition from local residents regarding potential impacts on the neighborhood. The ambitious project includes […]

Apex Money Lending Group Expands Offerings with New Loans

Various commercial real estate properties in Colorado

News Summary Apex Money Lending Group LLC is expanding its services by offering a variety of commercial real estate loans in Colorado. This move aims to assist businesses and investors by emphasizing property value over traditional credit qualifications, enhancing loan accessibility. The loans start at $100,000 with interest rates beginning at 12% and a swift […]