The deal, which is expected to close near the end of the year, will help the Spanish infrastructure stalwart grow its presence in the U.S.

Once the immediate safety concerns are addressed, the flurry of claims begin in a case like the East 42nd Street conversion project, construction lawyers said.

The capstone represents the first time the city of Lawrence, Kansas, used the construction manager at risk method on a wastewater project.

Plus, Balfour Beatty invests $13.4 million in a tech venture capital fund and Skanska signs a $94 million contract to build a Virginia data center.

C.D. Smith Construction was granted a default judgment, potentially leading to the sale of the Edison property, according to the Milwaukee Journal Sentinel.

The order follows an April ruling for $174.6 million against the Los Angeles-based company for breach of contract on the troubled build of the W and Element hotels. 

Planning for the artificial intelligence buildout eased month over month in June, according to Dodge Construction Network.

Current trends indicate slower job growth ahead as an increasing number of consumers say they’re having trouble finding jobs.

The 2026 awards, which are funded by the IIJA, included $1.3 billion for roads and bridges, $169.9 million for transit and $136.8 million for ports.

The 285,500-square-foot Mitchell Hall will house key academic facilities for the Blacksburg, Virginia-based university’s engineering school.