UAE-based Majid Al Futtaim Group has unveiled plans to develop a new AED300M ($81.6M) community mall in Abu Dhabi, UAE.
Holliday Fenoglio Fowler (HFF) has arranged $106M in financing for the development of a condominium project in downtown Austin, Texas.
VSBW, a VolkerStevin and Boskalis Westminster joint venture (JV), has been selected by the Port of Dover to execute the marine structures and bridge contract for the Dover Western Docks Revival (DWDR) development in the UK.
Tutor Perini Building, a subsidiary of Tutor Perini, has won a contract worth about $72M to build the first of eight residential towers at Metropica in Sunrise, Florida.
KPMG, a professional service firm, has announced plans to construct a learning, development, and innovation facility in Florida, US.
Swedish construction firm Skanska has secured a contract from Entra to construct an energy-positive office building in Trondheim, Norway.
Howard Hughes has secured two construction loans worth more than $372M for the development of the Ae'o and Ke Kilohana mixed-use projects in Ward Village in Honolulu, Hawaii.
JDS Development Group has obtained $660M in financing for the American Copper Buildings at 626 First Avenue in Manhattan, New York.
A design-build team of Hensel Phelps/Mithun has been selected by the University of California, San Diego (UC San Diego) to deliver the second phase of the $142M student housing project in California, US.
A partnership of Oxford Capital Group and Quadrum Global has received a $170M loan to build a new luxury apartment building at Chicago’s 808 South Michigan Avenue, named Essex on the Park.
Al Futtaim Carillion (AFC) has won a £160M contract from Dubai World Trade Centre for Phase 1A6 of the One Central development, an integrated real estate development in Dubai.
The vice president and prime minister of the United Arab Emirates (UAE), Sheikh Mohammed bin Rashid Al Maktoum, who is also Emir of Dubai, has unveiled plans for a new luxury waterfront project in Dubai.
An ongoing and potentially revolutionary innovation within construction is the growth of modular buildings. Modular buildings are defined as prefabricated structures consisting of multiple sections termed modules. Modular construction differs from traditional forms of construction due to the fact that module sections are completed offsite before being transported to the construction site, where they are then positioned into place.