Vaquero Midstream, a US-based company engaged in designing, building, and operating midstream infrastructure for oil and gas producers, has inked an agreement with its bank group to increase their revolving line of credit from $40m to $95m.
Facebook is set to build a new high-tech data centre in New Mexico, US with an investment of approximately $250m.
Emerson, a US-based technology and engineering firm, has announced plans for a $100m project to revamp and expand labs and offices at its existing one-million-square-foot facility in Sidney, Ohio.
Lincoln Property Company and Alcion Ventures have secured $141.6m construction loan to develop the first phase of their planned creative office campus in Tustin, California.
KBJ, a joint venture (JV) of Kiewit Energy Group, Black & Veatch Construction, and JGC US Projects, has won an engineering, procurement and construction (EPC) contract from Jordan Cove LNG to engineer and construct an LNG export terminal in Coos Bay, Oregon.
Chicago Bridge & Iron Company (CB&I) has bagged an EPC contract worth $200m to establish two LNG storage tanks for Venture Global’s Calcasieu Pass export facility in Southwest Louisiana, US.
Germany-based luxury carmaker BMW has unveiled its plans to invest $600m to expand its Spartanburg manufacturing plant in South Carolina, US.
The MGM Grand in Las Vegas, Nevada has broken ground on an expansion of its conference centre.
US-based retailer Costco has broken ground on a $300m chicken processing facility in Fremont, US that is expected to generate overall $1.2bn in economic activity in Nebraska.
Skanska has signed a $1.26bn contract with Empire State Development Corporation (ESD) and developers Related Companies and Vornado Realty Trust to transform the James A Farley Post Office in New York into a train hall and commercial complex.
Triple Five Group of Companies has closed on its $1.67bn private construction financing for the American Dream project in Bergen County, New Jersey.
Professional services firm KPMG has broken ground on its new $400m learning, development, and innovation facility in the Lake Nona community of Orlando, Florida.
Stream Data Centers, a US-based data centre developer and operator, has been selected by U.S. Bank for the construction of a $250m data centre in Minnesota, US.
Dariana Tani, economist at Timetric’s Construction Intelligence Center, analyses the Mexico's construction industry outlook.
High-rise urban housing projects have undergone a renaissance in recent times – despite many failed projects from the 20th century that became associated with poverty, the latest generation of structures are designed for luxury.
Real estate groups RocaPoint Partners and The Georgetown Company have broken ground on a new $370m mixed-use development in Georgia, US.