Jordan Foster Construction Secures Major Texas Highway Contracts
News Summary Jordan Foster Construction has been awarded two significant contracts totaling $183.3 million by the Texas Department of Transportation for highway improvements in Bexar and Bastrop Counties. The projects will enhance U.S. Highway 90 and State Highway 71, focusing on traffic flow and safety. The U.S. Highway 90 project aims to widen the road […]
Construction Milestone Achieved for University Health Palo Alto Hospital
News Summary The University Health Palo Alto Hospital project in San Antonio has officially completed its vertical structure, marking a significant milestone with a $550 million investment in healthcare. This joint effort, led by Turner Construction and local firms, aims to enhance medical services in the rapidly growing Bexar County. Scheduled to open in 2027, […]
Refugio County Commissioners Court Reviews Courthouse and Animal Control Projects
News Summary The Refugio County Commissioners Court met to discuss updates on the Courthouse Rehabilitation Project and the County Animal Control Facility Project. Key points included the restoration process for the historical courthouse and advancing construction of the animal control facility. Concerns regarding ventilation in the animal facility were raised, emphasizing the commission’s commitment to […]
Frisco’s Penrose Luxury Apartment Project Breaks Ground
News Summary Frisco, Texas, is witnessing ongoing development with the groundbreaking of the Penrose luxury apartment community. In partnership with Rosewood Property Company and MetLife Investment Management, this upscale project will feature 382 luxury apartments on 5 acres, set to enhance housing options and foster a vibrant community. With modern amenities and designs inspired by […]
Construction Project on West Texas Street to Enhance 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 […]
Lubbock City Council Deliberates on Impact Fees for Development
News Summary The Lubbock City Council is grappling with the implications of proposed impact fees on local development. A recent public hearing highlighted concerns about how these fees could stifle growth and complicate the development process, especially for small businesses. While impact fees have generated significant revenue for infrastructure, rising costs of road construction prompt […]
Lydian Energy Secures $233 Million for Texas Battery Projects
News Summary Lydian Energy has achieved its first institutional project financing of $233 million to develop three battery energy storage system projects in Texas. The funding will enhance grid performance and support clean energy initiatives within the ERCOT market. KeyBank and ING are the main financial partners backing the Pintail, Crane, and Headcamp projects. With […]
Sweid & Sweid Completes First Phase of The Nelson in Austin
News Summary Dubai-based Sweid & Sweid has completed the initial phase of its multifamily development, The Nelson, in Austin, Texas. The project includes 370 rental units and highlights the firm’s commitment to expanding its portfolio in the U.S. market. As supply challenges grow in the U.S. housing market, Sweid & Sweid aims to leverage contrasting […]
Renfe Exits Dallas-Houston Bullet Train Project
News Summary The Dallas-Houston bullet train project faces major obstacles as Renfe, the Spanish railway company, withdraws from the initiative, closing its American subsidiary. This significant setback highlights ongoing challenges including funding issues and eminent domain disputes. While advocates remain hopeful for the project’s economic potential, with predictions of job creation and GDP growth, the […]
$1.3 Billion Harbor Bridge Opens in Corpus Christi
News Summary The new Harbor Bridge in Corpus Christi, Texas, has officially opened at a cost of $1.3 billion. Designed to enhance safety and accessibility, the bridge features significant improvements over its predecessor. Local community leaders, however, have raised concerns regarding their lack of inclusion in the opening celebrations and the bridge’s impact on historic […]