The San Antonio Spurs have selected Mortenson and Bartlett Cocke General Contractors to lead construction of the team’s planned $1.3 billion downtown arena. The new venue will serve as the centerpiece of a larger sports and entertainment district planned for downtown San Antonio. The development is expected to bring together
Texas is preparing for a major expansion of transportation infrastructure spending, with state officials approving a 10-year program that will direct approximately $138 billion toward roads, transit and other transportation improvements. The Texas Transportation Commission approved the Texas Department of Transportation’s 2027 Unified Transportation Program, establishing the framework for transportation
U.S. inflation showed little change in July, while household incomes continued to rise, giving the Federal Reserve another reason to take a cautious approach to interest rates as it prepares for its September policy meeting. The personal consumption expenditures (PCE) price index increased 0.2% in July from the previous month,
Published Aug. 27, 2026 Drones have become a practical tool on construction sites across the United States, but a new industry survey shows that contractors are relying overwhelmingly on Chinese-made equipment. According to a May 2026 survey by Associated Builders and Contractors (ABC), 36.1% of contractor members surveyed said their
Construction and engineering firms are entering the 2026 hurricane season amid changes to federal disaster preparedness programs, climate data resources and flood-risk guidance. Cuts and policy changes affecting the Federal Emergency Management Agency (FEMA) and National Oceanic and Atmospheric Administration (NOAA) have created additional uncertainty for firms that depend on
A joint venture between AECOM Hunt, Turner Construction and Horus Construction Services has been selected as the preferred construction team for the Tampa Bay Rays’ proposed $2.3 billion Major League Baseball stadium in Tampa, Florida. The selection represents a major step forward for the long-planned ballpark project, but the deal
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