The construction of a new football stadium at Tulane University in New Orleans could be facing a major hurdle thanks to new local legislation that would likely delay the groundbreaking of the facility, reports the New Orleans Times-Picayune.
Tulane football stadium construction could be delayed
Posted by
IronPlanet on May 2, 2012 6:27:00 AM
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Topics: Construction, Industry Headlines
Construction complete on $1 billion San Diego hospital
Posted by
IronPlanet on Apr 30, 2012 6:36:00 AM
Construction of a $1 billion "hospital of the future" has been completed in northern San Diego County.
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Tornadoes result in increase in shelter construction
Posted by
IronPlanet on Apr 30, 2012 6:27:00 AM
While a tornado can be a devastating natural disaster for those caught in its path, the destruction can actually benefit construction companies once the dust has settled. Twisters that wreaked havoc across the Midwest last year helped keep some construction companies afloat as they assisted with the rebuilding, and it now appears the disasters could have even more help for the industry.
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Topics: Construction, Industry Headlines
Shopping center developer Taubman Centers has announced construction is set to begin on the new Mall at University Town Center in Sarasota, Fla.
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Those in the construction industry know that home building has a close relationship with the real estate market. When new home sales are down, tough times typically follow for contractors who depend on those jobs for business. Although recent housing data suggests that new home sales have fallen slightly in recent months, the National Association of Home Builders (NAHB) remains optimistic for a rebound in the near future.
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Strong U.S. growth helps spur Caterpillar construction equipment sales
Posted by
IronPlanet on Apr 25, 2012 7:04:00 AM
Construction equipment manufacturer Caterpillar reported a rise in profits for the first quarter of 2012, although the increase was slightly below analyst estimates, according to Bloomberg.
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Revised February home sales affect construction industry outlook
Posted by
IronPlanet on Apr 24, 2012 7:43:00 AM
The construction industry is closely linked with real estate in many ways, as it's ultimately the demand for housing that fuels a large percentage of construction jobs. Industry analysts were recently disappointed to hear that March's number of home sales dropped off from their original estimate.
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Potential projects could jumpstart Massachusetts construction industry
Posted by
IronPlanet on Apr 23, 2012 9:20:00 AM
A number of possible projects on the horizon could rejuvenate construction job growth in Western Massachusetts, but in the meantime many construction workers are struggling, reports MassLive.com.
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The Manatee County Port Authority has announced it has chosen a contractor for the final expansion of Port Manatee, which first began in 1997.
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The San Francisco 49ers have officially broken ground on a new stadium in Santa Clara, Calif., which the team hopes to be playing in for the 2014 NFL season.
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