Word: constructionism
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The recession is hitting Las Vegas on all fronts. Nevada legislators have struggled to close a deficit of more than $1 billion in the 2009 budget. Budget projections for 2010 and 2011 also look grim. Construction on Boyd Gaming's $4.8 billion Echelon resort was stopped last August just as...
A mile or two down the Strip, MGM Mirage just sold off Treasure Island for $775 million to billionaire casino operator Phil Ruffin. The cash infusion should help the corporation finish construction on its $9.1 billion CityCenter, the largest private construction job in the U.S. Yet even in the best...
From any vantage point, the situation is grim. Construction in the area dropped 92% in October, compared with the same month a year earlier. In November the county issued 80 new home permits, down from an average of almost 500 permits a month in 2007. Housing prices have deflated with...
The idea of greener - and cheaper - health is catching on fast among health-care CEOs. Some 150 registered health-care industry construction projects currently underway - involving about 30 million sq. ft. of new building space - have pledged to adopt the Green Guide for Health Care (GGHC), a sustainable design toolkit...
Some Harvard construction projects, including the massive expansion into Allston, are also likely to see delays.