Skanska has signed a contract with the ARK Group to build the Irving Music Factory in Las Colinas, Texas and will include $94 million in order bookings for Skanska USA in the first quarter 2016. Skanska will convert the 16.8-acre greenfield site into a world-class entertainment destination. It will include an 8,000-seating capacity indoor/outdoor concert hall called the Pavillion, operated by the world’s largest concert promoter, Live Nation. The venue includes seven buildings offering more than 250,000 square feet of entertainment, retail and restaurant space and an eight-screen Alamo Drafthouse Cinema. Additionally, there will be a four-story,100,000-square-foot office tower sitting … Read more
Report Expects Chicago to Lead in 2016 Construction Cost Increases
CHICAGO, Ill. – After construction costs increased 4.6 percent in 2015, the Chicago, Illinois non-residential construction market can expect costs to rise 3.5 percent to 4 percent in 2016, according to Mortenson Construction’s Construction Cost Index for Chicago. Of the six major markets that Mortenson measures, only Denver, Colorado and Seattle, Washington can expect comparable increases in 2016 following a 4.2 percent cost increase for Denver and 3.6 percent increase for Seattle last year. “After lagging compared to other cities in the early years after the 2008 recession, the Chicago construction market continues to recover,” says Dennis McGreal, chief estimator … Read more
Sundt Construction Selected for $73M CBU Events Center
RIVERSIDE, Calif. – Sundt Construction, Inc. was recently selected as general contractor by California Baptist University for a new events center and arena located on the southeast quadrant of the school’s main campus in Riverside, California. The $73-million project will create the 66-year-old university’s largest gathering space and events center to accommodate a surge in growth over the past few years. Designed by SVA Architects and HOK arena specialists, the 153,000-square-foot structure will seat 5,050 people with room to expand to just over 6,500. The two-story, multi-use facility will be a hub for CBU athletic events, commencement exercises and orientation … Read more
KBE Building Corp. Promotes Employees
FARMINGTON, Ct. — KBE Building Corporation has awarded five employees with promotions to begin the new year, including a new superintendent, two assistant superintendents, a project manager and an estimator. Nathan Delabar | Superintendent Delabar joined KBE in August 2010 as assistant superintendent and has worked in various roles throughout the company. Delabar has served as a construction quality control manager on sites as needed and recently traveled to work on KBE’s Millington Tennessee Naval Exchange project. Jonathan Coccorese | Assistant Superintendent Coccorese joined KBE in December 2014 after graduating from State University of New York Farmingdale with a B.S. … Read more
Strong Demand for Construction Continues in Most States, Reports AGC
Forty-four states and the District of Columbia added construction jobs in 2015 while construction employment increased in 39 states and D.C. between November and December amid strong demand for construction in most states, according to analysis of Labor Department data recently released by the Associated General Contractors of America. Association officials said that many of the states experiencing construction declines appear to be energy-producing states. “Construction employment expanded in most parts of the country last year as demand for new projects rebounded,” said Stephen E. Sandherr, CEO for the association. “The question now is whether declining energy prices will impact … Read more




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