Monday, January 18, 2021
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Mortenson and Terra-Gen to work on “world’s largest standalone solar and energy storage project”

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Terra-Gen, a renewable energy developer and operator, says it has reached an agreement with Mortenson to proceed on the Edwards & Sanborn solar and...
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Canadian homebuilder charged with misrepresentation, contracting without a license after seeking California wildfire clients

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A Canadian homebuilder who angered clients in Fort McMurray, Alberta, after a major 2016 wildfire caused construction delays amidst serious dislocations, has been charged...
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AECOM selling its civil construction business to Oroco Capital

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Infrastructure consulting firm AECOM says it has reached an agreement to sell its civil construction business, which includes the Shimmick Construction business, to affiliates...
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Skanska starts work on $90 million Cordilleras Health System project

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Skanska says it has signed a contract with San Mateo County to build five new buildings for Cordilleras Health System in Redwood City. The $90 million contract...

Sacramento County breaks ground on $493 million courthouse

Construction is underway on the long-anticipated $493 million county courthouse in downtown Sacramento. The 17-story building will occupy land at the corner of Sixth and...
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City of Oakland launches new app to schedule building inspections

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The City of Oakland’s Planning and Building Department has launched a new application, Oakland Building Inspection Request, to make it easier for customers to...
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Rudolph and Sletten awarded $54 nillion to complete The Rise Koreatown mixed-use project

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Tutor Perini Corporation says its Rudoph and Sletten subsidiary has been awarded $54 million to complete a mixed-use project in Los Angeles. The builder said...

Los Angeles multifamily project secures $37 million construction loan

Parkview Financial has provided a $37.3 million construction loan for the development of 112 apartments just outside of Silver Lake in Los Angeles, reports...

San Francisco to speed up affordable housing construction

San Francisco Mayor London Breed has announced what are described as new process improvements to speed up the approval of affordable housing. The improvements are...
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Oceanwide Holdings pauses construction on ‘troubled’ $1.6 billion San Francisco project: SF Business Times

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Beijing-based Oceanwide Holdings has temporarily paused construction of its troubled $1.6 billion Oceanwide Center project in downtown San Francisco as a result of the...
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Projects and opportunities

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Construction begins on “best municipal skatepark in California”

Spohn Ranch has started construction on La Quinta’s X Park that would be "the best municipal skatepark in the State of California." The 40,000-sq.-ft. facility...

San Diego residential project secures $20.7 million construction loan

ACRES has originated a $20.7 million loan to fund the construction and stabilization of the North Park Community Center, a multifamily project featuring multifamily...
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Developer plans multi-million dollar “repositioning” for two Palo Alto structures

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Graymark Capital has acquired an unused Palo Alto site and "will be making a multi-million dollar capital investment" to reposition it to accommodate life...