Competition in Cloud Computing Drives Data Center Growth
New Mexico, September 25, 2025 News Summary Intense competition among hyperscalers in the cloud computing and AI markets is fueling rapid data center growth. Developers are innovating financing solutions to enhance their infrastructure, with big projects requiring massive power capacities and substantial investments. Recent developments include a $165 billion AI data center in New Mexico and […]
Australia’s Construction Industry Faces Major Waste Crisis
Australia, September 25, 2025 News Summary Australia’s construction sector has been identified as the largest contributor to waste in the country, generating an alarming 29% of total waste. Reports show significant resource loss, with key materials like concrete and timber leading to costly environmental impacts. Recommendations for tackling this crisis include enhancing accountability, fostering a circular […]
Construction AI startup raises $6M as Colorado grocery strike ends
Denver, Colorado, September 25, 2025 News Summary Denver-based LightTable closed a $6 million seed round to scale its AI-driven plan review platform that ingests PDFs of drawings and specifications and returns prioritized issue lists in 10–45 minutes. The startup doubled its team, plans further hiring, and reports its software currently catches 60–65% of errors with a […]
Bias busting for construction project excellence
InEight (online), September 24, 2025 News Summary Construction projects often start ‘awash in optimism,’ but unchecked optimism bias can undermine budgets and schedules. The article recommends treating optimism as a managed risk by validating assumptions with detailed, real-time data, reference-class forecasting, benchmarking and performance metrics like earned value. Accurate quantity management and linking estimates, budgets and […]
Flagger Killed in Queens Work Zone After Vehicle Strike
South Ozone Park, Queens, September 23, 2025 News Summary A construction flagger directing traffic in a marked safety zone on the Nassau Expressway was struck and killed when a vehicle entered the work area at high speed. First responders pronounced the worker dead at the scene; the driver initially fled but was located about a mile […]
Timber construction market set to more than double as engineered wood rises
Global, September 23, 2025 News Summary The global timber construction market is projected to more than double as engineered wood adoption accelerates. Future Market Insights forecasts growth from USD 17.7 billion to USD 44.2 billion by 2035 with a 9.6% CAGR, driven by residential demand, CLT, glulam and LVL technologies, and policy shifts toward net-zero buildings. […]
Construction shifts to subscription software as Colorado probe and condo law changes reshape market
Colorado, September 23, 2025 News Summary Contractors are increasingly adopting subscription-based construction software and hardware bundles to lower upfront costs, standardize processes, and keep pace with rapid technology advances. Subscription models convert capital expenses to predictable operational costs, support consistent software versions across crews, and boost productivity. At the same time, a Colorado regulatory probe found […]
Rowan secures $1.24B construction financing for Bauxite phase two at Quantum Frederick
Frederick, Maryland, September 22, 2025 News Summary Rowan Digital Infrastructure closed an additional USD 1.24 billion in construction financing to fund phase two of its Bauxite campus at TPG’s Quantum Frederick site in Frederick, Maryland. The deal was co‑structured by SMBC and MUFG, with SMBC, MUFG, Mizuho and TD Securities as coordinating lead arrangers and 14 […]
Domus Brickell Center secures $220M including $180M C-PACE for 35-story condo tower
Brickell, Miami, September 22, 2025 News Summary A Miami developer secured $220 million in construction financing to build Domus Brickell Center, a 35-story, 579-unit condominium at 1034 SW 2nd Avenue in Brickell. The package pairs roughly $180 million in C-PACE financing with a $40 million mortgage, enabling energy-efficient and resilient features such as high-performance windows, superior […]
Seasoned Leaders Enter Education to Close Construction Experience Gap
Wellesley, Massachusetts, September 22, 2025 News Summary Experienced construction leaders are moving into continuing education and mentorship to address a widening industry experience gap as senior professionals retire. Practitioner-instructor programs on platforms like PDH‑Pro pair hands-on veterans with younger engineers and project managers to teach real-world budget oversight, stakeholder management and on-site problem solving. Trade groups […]