Business Wire - Thu May 23, 2019
HFF Secures $191M Financing for Development in D.C.
Holliday Fenoglio Fowler L.P. (HFF) has secured joint venture equity and construction financing totaling $191.8 million for the development of Phase I of Bryant Street, a mixed-use, transit-oriented development in northeast Washington, D.C....
Lori Tobias – CEG Correspondent - Wed May 22, 2019
Crews, Equipment Scale Colorado's Pikes Peak
Crews began mobilizing in early May for the 2019 construction season on the new $60 million Pikes Peak Summit House, arguably the highest elevation project in the country. It's also likely one of the more daunting as work takes place at 14,000 ft....
Office of Gov. Abbott - Tue May 21, 2019
Gov. Abbott Announces Texas Instruments New Facility
Gov. Greg Abbott announced that Texas Instruments Incorporated will increase its presence in Richardson, Texas, and build a new 300mm analog semiconductor wafer fabrication facility. TI is a leading global semiconductor design and manufacturing company that employs approximately 11,000 people throughout North America....
Precourt Sports Ventures LLC - Tue May 21, 2019
PSV Names Manager, Design Team for Austin FC Stadium
Precourt Sports Ventures LLC, the investor-operator of Major League Soccer's most recently announced franchise, Austin FC, has selected its construction manager and design partners for the planned 100 percent-privately financed 20,500-seat soccer park and stadium, which is set to break ground in mid-September at McKalla Place....
Oak Ridge National Laboratory - Mon May 20, 2019
Officials Break Ground on $95M Oak Ridge Lab
Energy Secretary Rick Perry, U.S. Rep. Chuck Fleischmann and lab officials broke ground May 7 on a multipurpose research facility that will provide laboratory space for expanding scientific activities at the Department of Energy's Oak Ridge National Laboratory in Tennessee....
Cindy Riley – CEG Correspondent - Thu May 16, 2019
Hopes Run High for $20M Phenix City Development
Construction crews in Phenix City, Ala., are making progress on a more than $20 million undertaking known as The Village at Crosswinds. When complete, the mixed-use project will offer medical, service-related businesses and retail options in what planners hope will be a regional destination....
Brenda Ruggiero – CEG Correspondent - Mon May 13, 2019
Marriott's Global HQ Set to Rise in Bethesda
A new global headquarters for Marriott International will soon be rising in downtown Bethesda, Md. The new office building at 7750 Wisconsin Ave. will be near the Bethesda Metro. According to reports, the land is owned by the Bernstein Companies and Boston Properties, which will jointly own and develop the office building....
Associated Press - Thu May 09, 2019
Burlington Mall Has No Construction Date, Developers Stress Progress
BURLINGTON, VT. (AP) Developers of a mall in Burlington, Vt., said they're making progress on financing plans and have construction documents out to bid. Vermont Public Radio reports the $235 million project has been stalled and is months behind schedule....
Cindy Riley – CEG Correspondent - Wed May 08, 2019
$453M Vermont Corridor Development Revitalizes Area
As part of a public/private partnership that will provide a home for Los Angeles County employees and revitalize communities, construction crews continue work along the Vermont Corridor. The $453 million, three-site development plan includes a 21-story glass building that will serve as headquarters for the Department of Mental Health (DMH) and Workforce Development, Aging and Community Services (WDACS)....
GSK - Wed May 08, 2019
GSK Expands in Montana
GSK announced $100 million of new investment in its manufacturing site in Hamilton, Mont., to expand the production capacity of key components of the adjuvant system used in several of GSK's vaccines, including SHINGRIX, which was approved by the U.S....
