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Commercial real estate firm Bedrock has unveiled plans for four transformational developments, adding 3.2 million sq ft and more than 2,000 parking spaces for vehicles to Downtown Detroit, US.
Holliday Fenoglio Fowler (HFF) has arranged $121.6m financing for the redevelopment of The Star, a mixed-use residential, retail and storage property located in downtown Houston, Texas.
Sharjah Holding, a joint venture (JV) of Majid Al Futtaim Properties and Sharjah Asset Management Holding, has unveiled the second phase of Al Lilac neighbourhood at Al Zahia, a mixed-use community in the UAE.
American heavy duty truck maker Autocar has unveiled its plans to set up a new production facility in Colorado, US.
Los Angeles-based real estate developer Salem Partners has secured final permission from the Honolulu City Council to build a second project under Honolulu’s Ala Moana Transit Oriented Development Plan.
Fortis Property Group has secured a $297m construction loan from Madison Realty Capital (MRC) for its River Park, a three-building mixed-use development in Brooklyn, New York.
Allegheny County Airport Authority has unveiled a $1.1bn blueprint for the modernisation of Pittsburgh International Airport to meet the future requirements.
Slowly but surely, a clearer picture of the details behind President Trump’s US$1 trillion 10-year infrastructure plan are coming together through the various Budget related documents released throughout the first half of 2017. The first sign of something concrete came in January, when the Trump Administration released a list of projects to the National Governor’s Association entitled Emergency and National Security Projects. These projects were identified as being of the highest priority going forward. The project list carries a total value of US$137.5 billion, and while yet to be confirmed, it is expected that 50% of the funding will come through private investment and that the projects will directly create 193,350 job years.
Surerus Murphy Joint Venture (SMJV) has been awarded a contract by Kinder Morgan Canada Limited to construct part of the 980km Trans Mountain pipeline expansion project in Canada.
Michigan State University has started construction on a $60m Business Pavilion, which is scheduled to become operational in 2019.
Online retail giant Amazon is searching for a new site to build its second North American corporate headquarters with an investment of more than $5bn.
Entergy Louisiana and Cleco have started construction on a new storm-hardened transmission line in order to enhance power supply network in Southeast Louisiana, US.
Amec Foster Wheeler, a UK-based engineering services firm, has won an EPC contract for a methanol plant in Louisiana, US.
Related Companies, Oxford Properties Group and Mitsui Fudosan America have secured $1.5bn senior construction loan for 50 Hudson Yards, an office tower in Manhattan, New York.
US-based engineering services firm Bechtel has been awarded a contract by Georgia Power to complete construction of the two-reactor expansion of a nuclear power plant near Augusta, Georgia.
JPI, a developer of Class A multi-family communities, is set to break ground on its new project, Jefferson Pacific Beach, in San Diego, California after obtained fresh round of funding.
Japanese property developer Mitsui Fudosan, through its US subsidiary Mitsui Fudosan America, is set to develop JPY400bn ($3.6bn) office tower in New York.
Canadian power utility Capital Power has decided to go ahead with its plans to construct CAD182m ($144m) Frontier Wind farm in North Dakota, US.
Texas Health Resources and UT Southwestern Medical Center have broken ground on an acute care hospital and multispecialty clinic complex in Texas, US.
A joint venture (JV) of Granite Construction and Obayashi Corporation has bagged a $165m contract for the Finegayan Utilities and Site Improvements Phase I project in Finegayan, Guam.
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