Monday, April 29, 2024

$1 billion downtown LA Oceanwide Plaza project stalled with millions of dollars in liens...

Construction on the massive $1 billion Oceanwide Plaza in downtown Los Angeles has ground to a halt, with at least six subcontractors filing mechanic's...
high speed rail construction update

High Speed Rail project not dead; but work will focus in Central Valley: Newsom

Despite some suggestions in published reports, California Gov. Gavin Newsom hasn't killed the California High Speed Rail project. However, he has made it clear...
Sonnenblick Development

Skyrocketing California building costs drive Sonnenblick developer to Florida

 Sonnenblick Development chairman Bob Sonnenblick says he has had enough with the high cost of doing business in Los Angeles, Orange County and California in...
mansfield mile

Labor Commissioner’s Office cites City of Industry contractor for $12 million in wage theft...

California's Labor Commissioner's Office (LCO) has cited a Southern California subcontractor for nearly $12 million in wage theft violations that left more than a...
los angeles construction

ENR California: LA construction growth to slow after “large construction start volume for the...

ENR California says construction growth rates will begin slowing "and remain flat in the coming years" after a "large construction start volume for the...
aisc 181 fremont san francisco

AISC awards six of 13 national steel construction awards for California projects

The American Institute of Steel Construction (AISC) has awarded six of 13 national awards to California projects -- including two of the three in...
homevbuilding

Pact between developers and builders could loosen environmental rules and increase residential construction wages

Representatives of California's construction unions and home builders are working on a deal that the Los Angeles Times reports "both sides hope could lead...
Oceanwide plaza rendering

$1 billion+ Oceanwide Plaza project construction pauses for recapitalization

Construction of the Oceanwide Plaza condominium, hotel and retail complex in downtown Los Angeles has paused, The Los Angeles Times reports. The newspaper says that...
bar architects mass timber

Investors fund Katerra with $865 million to reshape construction industry

SoftBank Group Corp. has led an $865 million investment in Menlo Park-based Katerra Inc., a modular factory building technology company that has visions to...

Proposed California budget to allocate $1.75 billion in new funds for affordable housing

New California Gov. Gavin Newsom has proposed in his state budget that $1.75 billion in new funds would be earmarked to solve the state's...

Projects and opportunities

Construction begins on west coast’s largest veterans’ park at San Diego’s Navy Pier

0
California Construction News staff writer Construction of Freedom Park, the largest veterans' park on the West Coast, is officially underway. This multi-year joint project, anticipated...

California awards over $100 million for tribal land projects, including ancestral land return and...

California Construction News staff writer As part of an ongoing truth and healing process, California is supporting the return of more than 38,000 acres of...

California awards $120 million in tax credits to eight companies, fueling $15.5 billion private...

California Construction News staff writer The State of California is awarding $120 million in tax credits to eight companies, part of the California Jobs First...