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Building design news covering the latest design trends, innovative projects, new-builds, urban renewal and construction deals and mergers.
China building world’s largest artificial-island airport in Dalian
Dec 18, 2024 · The airport will span an island covering 20km². Credit: Song_about_summer via Shutterstock. China is constructing what is claimed to be the world’s largest artificial-island airport to bolster Dalian, a north-eastern city and transport hub. As per the Liaoning provincial government’s website ...
Green Cement by Al Jouf receives approval for NEOM projects
Dec 31, 2024 · Green cement offers a 30% reduction in carbon dioxide emissions, positioning it as an environmentally friendly option. Credit: kittirat roekburi/Shutterstock. Al Jouf Cement has approved the use of its green cement product, developed in partnership with Asas Al-Muhailb Company, in NEOM projects. The ...
Lendlease signs agreement with Atlas Holdings to divest UK …
Jan 2, 2025 · The move is set for completion before the end of FY25. Credit: S.Phoophinyo via Shutterstock. Lendlease, an Australian construction company, has signed a binding agreement with Atlas Holdings, an industrial holding company, to divest its UK construction business, effective 31 December 2024. This ...
Marshalls unveils new strategic focus at Capital Markets Event
Nov 20, 2024 · Marshalls, a UK sustainable solutions manufacturer for the built environment, has unveiled its new strategic focus along with medium-term financial targets at the Capital Markets Event.. The management team, led by chief executive Matt Pullen, chief financial officer Justin Lockwood, and chief commercial officer Simon Bourne, aims to position the company for market outperformance with ...
The five largest construction projects in Malaysia commencing in …
Oct 21, 2024 · The value of Malaysia construction market is forecasted by GlobalData to grow by 3.5% in real terms in 2024, having grown by 5.0% in 2023. A key growth market will be the infrastructure market, with output rising by 3.9% in real terms.
McDermott sells storage facilities builder CB&I in $475m deal
Dec 10, 2024 · McDermott International has completed the sale of CB&I, a designer and builder of storage facilities, to a consortium of financial investors, led by Mason Capital Management, in an all-cash equity transaction.. Other investors in the consortium include IES Holdings, Nut Tree Capital Management, 683 Capital Management, First Pacific Advisors, and more.
The impact of AI on construction
Nov 29, 2024 · The benefits of AI in construction. The construction industry is widely considered one of the least digitalised. However, the potential applications of AI in construction are wide-ranging.
Bonava begins construction on subsidised rental apartments in …
Dec 12, 2024 · By mid-2028, the area will feature eight apartment buildings arranged around a communal courtyard. In recent developments, Bonava began production of an additional 150 housing units across the Baltics and Sweden, as well as a project comprising 99 rental state-subsidised apartments in Turku, Finland. The completion of the housing units in Finland is anticipated in the first quarter of 2026.
ATP selects delivery team for $7bn Austin Light Rail project
Jan 2, 2025 · The first phase of the project encompasses the construction of 9.8 miles of new light rail lines. Credit: Parsons Corporation. Austin Transit Partnership (ATP) has announced the selection of a ‘Delivery Partner’ team for the $7bn Austin Light Rail project in Texas, US. The team, known as LINC ...