Germany-based luxury automaker Mercedes-Benz has begun construction on its new engine plant in Jawor, Poland that will entail an investment of €500m.
Developer Newby has secured the green light from the City of York Council to redevelop the former Nestle factory on Haxby Road in York.
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.
There is a great deal of uncertainty in the UK construction industry following the June 8th General Election. Timetric’s Construction Intelligence Center maintains its current modest outlook for the industry, which we have held since the outcome of the 2016 referendum to leave the EU, and we expect to see a slight contraction in real terms over the year. We caution that risks to this outlook remain firmly to the downside, as the industry faces a period of uncertainty given the weakened position of the Conservative government to implement its domestic agenda, the beginning of the UK’s withdrawal from the European Union (EU), and rising costs due to ongoing currency weakness.
UAE-based developer Bloom Properties has begun main construction works on its Soho Square development on Abu Dhabi’s Saadiyat Island.
Construction services firm Multiplex has broken ground on a new museum in Perth, Western Australia.
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.
Aldar Properties has won a contract to build media and entertainment free zone twofour54’s new home on the Yas Island.
Westminster Council has approved amended plans for the £1bn redevelopment of Whiteleys shopping centre in west London.
Arabtec Holding has bagged an AED1.46bn ($397.4m) contract for construction of a mixed-use tower known as Wasl Tower on Dubai’s Sheikh Zayed Road.
A consortium of China Railway Construction (CRCC) and Moroccan contractor The General Construction Company of Casablanca (TGCC) has won a contract to build a 250m high tower in Rabat, Morocco.
Lendlease has received planning approval for The Darling Exchange building in Sydney, Australia.
Construction has been completed on Bristol Business School (BBS) and Bristol Law School (BLS) at the University of the West of England (UWE Bristol).
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.
UK-based property investor M&G Real Estate has secured planning permission from the Glasgow City Council for its £100m office redevelopment in central Glasgow, Scotland.
McLaren Group has launched McLaren Parking Ltd, a new business within the group, which will specialise in car parks.
Construction in the Philippines is set to grow at a rapid pace over the forecast period 2017–2021, according to the latest research from Timetric's Construction Intelligence Center (CIC).
The pace of expansion in the global construction industry will improve in the next five years, with growth averaging 2.8%, according to a new report from Timetric's Construction Intelligence Center (CIC).
Confidence levels among construction industry executives continued to rise in the first quarter of 2017, according to the latest update of Timetric’s Construction Confidence Survey.