Associated Builders and Contractors' Chief Economist Anirban Basu forecasts a recession threat for the construction sector next year.
Just under a year after breaking ground in Casa Grande, Lucid Motors finished construction on its first electric vehicle factory and have entered the commissioning process. Known as Lucid AMP-1…
McCarthy Building Companies, Inc. announces a new partnership with Adaptive Construction Solutions, Inc. (ACS) to recruit and train veterans for careers in the construction trades, addressing a national workforce shortage. Together, the two…
The construction industry’s fortunes continued to diverge in October, as residential construction expanded again while nonresidential construction remained largely unchanged from a month ago and is down compared to last…
No industry has escaped the wrath of the COVID-19 pandemic, including construction. While there have been many challenges and changes, Sigma Contracting Inc. has seen many positives as well. Company…
The Related Group, an international developer known for its sophisticated metropolitan ‘for-sale’ condominiums, rental and mixed-use projects, announced the groundbreaking of their first multi-family project in Arizona called The Manor…
In Phoenix, the nation’s fifth largest city, a unique hub for healthcare and bioscience industries is rising in a revitalized part of the community. Phoenix’s healthcare hub is becoming increasingly…
Northpointe at Vistancia, located within the 7,100-acre Vistancia master plan in north Peoria, has broken ground on a 10-acre amenity site that includes a 5,300-square-foot recreation center called The Sovita…
Hines, the international real estate firm, announced today that it has closed financing with Alliance Bank of Arizona and is set to begin construction on a significant new luxury multifamily…
On behalf of developer Merit Partners, Phoenix-based general contractor Stevens-Leinweber Construction (SLC) has been selected to lead a 153,721-square-foot tenant improvement for MiTek that will bring new jobs to metro Phoenix and…
The competition between construction companies to secure competitive building opportunities has increased dramatically, especially amid the pandemic. With the number of projects recently paused, on hold or canceled, construction businesses…
The construction industry added 84,000 net new jobs in October, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. During…
