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The Breeden Co. completes $43M apartment complex in Norfolk
Virginia Beach-based real estate development firm The Breeden Co. announced Thursday that it completed construction on a 198-unit multifamily community in Norfolk, located near Norfolk International Airport.
Largest industrial building in Richmond market holds groundbreaking
A massive 846,260 square-foot spec industrial facility under construction in southern Chesterfield County is expected to be ready for delivery before the end of the year. New York-based real estate developer PNK Group began construction on the building at 1640 Ashton Park Drive during the first quarter of this year and hosted a groundbreaking ceremony […]
Norfolk State breaks ground on $118M science building
Norfolk State University on Friday broke ground on a $118 million science building. The new 131,376-square-foot facility, which is being built on the northwest side of the HBCU’s main campus, will replace the Roy A. Woods Science Building. Once complete, it will house teaching and research labs, classrooms, a planetarium, a greenhouse and student-centered collaboration […]
Dewberry selects new CHRO
Dewberry — an engineering, architecture and construction firm in Fairfax County — announced Monday it has promoted Stacey McKavish to chief human resources officer. In the role, McKavish will oversee all HR functions of the organization and a team of nearly 30 benefits, compensation, human resources, recruiting and training specialists. “Stacey is a charismatic leader […]
Bechtel wins $242M contract modification for chemical weapons destruction
Reston-based Bechtel National has been awarded a $242.28 million contract modification from the U.S. Army to address past contract overruns associated with the Pueblo Chemical Agent-Destruction Pilot Plant in Colorado. The plant is a chemical weapons destruction facility that destroyed the chemical weapons stockpile previously stored at the U.S. Army Pueblo Chemical Depot in Pueblo, […]
Health care systems are in their building era
At some medical centers around Virginia, construction workers donning hard hats are nearly as prevalent this year as medical staff wearing scrubs. From smaller-scale renovations to new hospitals with billion-dollar price tags, health care systems are undertaking a wide range of projects to respond to growing (and aging) populations and expand services at hospital campuses, […]
Construction of Virginia’s tallest building slated for April
LS GreenLink USA will begin constructing the tallest structure in Virginia next month. During Old Dominion University’s Maritime and Offshore Wind Conference on Tuesday, LS GreenLink USA’s managing director, Patrick Shim, revealed the company will break ground April 28 on its $680 million-plus offshore wind subsea cable manufacturing facility in Chesapeake, the first of its […]
Another massive deal in the building supply sector, James Hardie offers AZEK $8.75 billion
Australian building products company James Hardie Industries is buying the US outdoor products maker AZEK in a cash-and-stock deal valued at approximately $8.75 billion. The transaction includes about $386 million in debt. It’s the second large deal in the sector in less than a week, with QXO Inc. announcing on Thursday that it was buying […]
Constructing change
The construction industry has long been perceived as a male-dominated field, but diversity is not just a moral imperative — it’s a strategic advantage. While the National Association of Home Builders reports that women currently make up approximately 10.8% of the U.S. construction workforce — an increase from 9.3% in 2002 — there is still […]
Hitt is co-contractor for Boeing’s $1B expansion in Charleston, S.C.
Falls Church construction company Hitt Contracting announced Wednesday it has scored a joint contract on Arlington County-based Boeing’s $1 billion expansion project in North Charleston, South Carolina. Hitt will partner with North Carolina’s BE&K Building Group to expand Boeing’s 787 Dreamliner airplane production facilities in North Charleston, announced by South Carolin[...]
Hitt acquires Central Consulting & Contracting
National commercial general contractor Hitt announced Tuesday that it has acquired health care construction firm Central Consulting & Contracting. Headquartered in Falls Church, Hitt Contracting provides commercial construction services throughout the country, including complex core and shell buildings, renovations, interior fit-outs and routine service work. The company has 14 office locati[...]
Beacon Roofing is target of $11B acquisition bid
Herndon-based Fortune 500 company Beacon Roofing Supply is in discussions to be acquired by Connecticut software and tech services company QXO in a deal valued at about $11 billion. “It’s not a done deal yet, but we’re in friendly discussions,” Joe Checkler, a spokesperson for QXO, said of the move to acquire Beacon, a roofing […]
