Global Market for EV Batteries Plant Construction Set to Double
Global, September 18, 2025 News Summary The global market for EV batteries plant construction is projected to experience significant growth, doubling from US$12.4 billion to US$24.0 billion by 2030. This surge is driven by increasing demand for electric vehicles, governmental support, and advancements in battery manufacturing technologies. Innovations such as solid-state batteries and automation in production […]
Bloomington Convention Center Expansion Making Progress
Bloomington, September 18, 2025 News Summary The Bloomington Convention Center expansion is advancing as demolition and foundation work are underway. Key updates include the imminent first concrete pour and a recently approved funding resolution. The project aims to increase capacity with modern meeting space and a new hotel, enhancing local economic impact. The groundbreaking ceremony is […]
Hawaii Task Force Established to Streamline Building Permits
Hawaii, September 18, 2025 News Summary The Hawaii Legislature has initiated a task force named SPEED to simplify the building permit process statewide amidst challenges such as significant staff vacancies and outdated systems. The 34-member team aims to enhance economic development by improving permit efficiency while addressing staffing issues, including low salaries in agencies processing permits. […]
Construction Begins on 635-Unit Luxury Multifamily Development in Frisco, Texas
News Summary StreetLights Residential has started construction on a 635-unit multifamily development in Frisco, Texas, within The Mix, an expansive mixed-use area. Designed by Torti Gallas + Partners, the project features a range of unit types with modern amenities, community spaces, and environmental elements that blend urban living with nature. Expected to complete by fall […]
Edinburg and Hidalgo County Launch Major Roadway Upgrade
News Summary The City of Edinburg and Hidalgo County Precinct 4 are collaborating on a $12.6 million roadway upgrade project aimed at enhancing mobility and safety. Key improvements include upgrades to Trenton Road, FM 1925, and Schunior Road, with construction timelines extending into 2030. This initiative reflects a strong commitment to regional connectivity and safety […]
Spencer Fane Hosts Construction Contract Disputes Seminar in Fargo
Fargo, ND, September 18, 2025 News Summary Spencer Fane will sponsor a seminar in Fargo, ND, aimed at contractors addressing construction contract disputes. Attendees will learn about key payment remedies and legal strategies from attorney Aaron Dean. The event promises valuable insights into the complexities of construction contracts, including state-specific mechanics’ lien statutes and navigating payment […]
Construction Begins for the Chalet Alpina Project at Aspen Mountain
Aspen, September 18, 2025 News Summary Construction has officially commenced on the Chalet Alpina project near Lift One in Aspen. Approved by local voters in 2019, the development aims to balance modern amenities with the preservation of historical character. Led by Irongate Group, it will feature timeshares, residences, restaurants, and an Aman destination hotel. The project […]
Marriott Tribute hotel at 926 Hutash secures construction financing
Santa Barbara, September 17, 2025 News Summary A 105-room Marriott Tribute Portfolio hotel will be built on a parcel at 926 Hutash Street near Santa Barbara’s East Beach after the developer secured construction financing. The project includes a reported $16.5 million CPACE financing package plus a longer 30-year loan from green lenders to fund energy and […]
KV Capital provides $82.4M loan for 254‑unit Arthur rental in Currie
Currie, Calgary, September 17, 2025 News Summary KV Capital has closed an $82.4 million construction loan to fund Arthur, a 254‑unit purpose-built rental at 555 Bishop Drive in Currie, Calgary, adjacent to Mount Royal University. The project includes two five-storey buildings with one- and two-bedroom apartments, coworking space, fitness amenities, 182 bicycle stalls and 266 parking […]
Construction management software market set to more than double
Global, September 17, 2025 News Summary A new market study forecasts strong, sustained growth for construction management software, with revenues rising from roughly USD 7.5 billion to about USD 17.9 billion over the next decade at a projected CAGR near 9.1%. Growth is driven by cloud deployments, AI, BIM coordination, and mobile-first field tools that enable […]