GlobalData Construction Industry Updates

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LATEST NEWS IN YOUR INDUSTRY

AI construction procurement platform Field Materials raises $10.5m

The funding round was led by Navitas Capital, with contributions from various other companies.

Luton Town Football Club to begin 25,000-capacity stadium construction this year

The project supports the club board’s strategic vision to reenter the Premier League.

YIT begins construction of $17m Kuopio Maaherra apartment project in Finland

The project’s completion is set for the end of 2025.

Eiffage Construction delivers three production halls for Airbus Atlantic in Rochefort, France

The project’s energy efficiency measures boast a 20% reduction in energy consumption compared to RT2012 thermal regulations.

sheffield City Council selects architect for Town Hall restoration project

Feilden Clegg Bradley Studios has previous experience within the city’s architectural landscape.

New renderings revealed for Freedom Plaza project in Manhattan

Spanning 6.3 acres, Freedom Plaza is developed by Soloviev Group and designed by BIG-Bjarke Ingels Group.

Majid Al Futtaim selects UNEC as contractor for Tilal Al Ghaf project in Dubai

The contract comprises landscaping for both in-plot and public realms, gatehouses, ancillary structures, and more.

Robertson Construction to undertake Oban Airport Business Park development

The Oban Airport Business Park development is set to deliver essential infrastructure.

Caverion signs $91m technical solutions deal for Mäntsälä data centre expansion

The updated data centre will accommodate a total capacity of 75MW upon works completion.

Kranjčevićeva Stadium renovation begins in Zagreb

The stadium is set to host Champions League, Europa League, and Conference League matches.

Vulcan Materials reports 5.6% increase in Q1 2025 total revenues

The company is maintaining its full-year 2025 outlook of $2.35bn to $2.55bn of adjusted EBITDA.

Granite secures Cactus City Rest Area upgrade contract in California

The initiative is part of Granite’s ongoing efforts to upgrade roadside rest areas in the country.

NRP Group initiates construction of multifamily community in Matthews, North Carolina

The 15-acre site will feature 377 housing units, with 7.5% reserved for families earning 80% or less than the AMI.

Vescom Floor System joins Canam Steel portfolio through acquisition

The floor system has been implemented in hundreds of projects throughout North America

Deutsche Bahn awards contract for Munich S-Bahn project to Tunnel Ostbahnhof JV

The project is set to begin in June 2025 and is expected to be completed by May 2033.

PORR and Apleona consortium to undertake vocational school construction in Vienna

The project is scheduled for completion in approximately 32 months.

Jacobs secures Rockland WTP and Caron Booster Station upgrade contract in Ontario

The contract encompasses guiding the city through the Class Environmental Assessment.

Skanska secures $91m Lundbyleden reconstruction project in Gothenburg, Sweden

The project’s scope includes road reconstruction and expansion, among others.

China Medical University breaks ground on Museum of Fine Arts in Taiwan

Designed by Pritzker Prize laureate Frank Gehry, the project is claimed to be his “only monumental creation in East Asia”.

Morgan Sindall appointed main contractor for Brunswick Wharf development in Devon, UK

Led by developers Red Earth, the project will transform a neglected Bideford area with over 100 apartments, retail units.

Turner to undertake Mann Middle School modernisation in San Diego

The project is set to commence in early 2026 with expected completion in early 2029.

John Sisk begins restoration of Haringey Civic Centre in London

The project includes a new annex, office spaces, and restored civic spaces for community use in Wood Green.

PPG to build $380m aerospace coatings and sealants manufacturing facility

The new plant will employ more than 110 individuals.

Hysan and Chinachem to develop mixed-use commercial project in Causeway Bay

Lee Garden Eight will be a community hub with more than 100,000ft² of retail space and a focus on green, indoor-outdoor spaces.

ACC Group named main contractor for Marasi Bay waterfront projects

The structures have been designed by Foster + Partners and Gilles & Boissier.

NCC to undertake $51.97m redevelopment project in Espoo, Finland

The project encompasses a total area of approximately 19,500m².

Saint Joseph Hospital signs EEPC contract with Eiffage Énergie Systèmes

The agreement aims to renovate the hospital’s HVAC systems.

 

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