Monday, January 25, 2021
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High speed rail project dispatches 5,000 construction workers

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The California High-Speed Rail Authority (CAHSRA) says it has achieved a significant milestone in mid-December when it surpassed 5,000 construction workers dispatched since the...
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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...

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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LDK Ventures arranges commercial mortgage securities; plans further expansion at McLellan Business Park

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LDK Ventures has arranged for $358 million in commercial mortgage-backed securities (CMBS) debt from Goldman Sachs in order to refinance its mixed-use McClellan Business...
The Railyards

Despite national pull-back, two of nation’s largest construction projects to start in September were...

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While construction starts declined significantly in September, two of the largest projects to get under-way last month were in California, Dodge Data & Analytics...
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Granite selected for $257 million State Route 99 rehabilitation project in Fresno

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Granite says it has been selected by California Department of Transportation (Caltrans) as the construction manager/general contractor for the $257 million State Route 99...

Sacramento GC purchases naming rights for event center it built

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The contractor who built the $47 million Placer Valley Event Center in Roseville has purchased its naming rights. Roebbelen Contracting Inc. the largest general contractor...

San Luis Obispo RTA secures $13 million loan for new bus facility

The U.S. Department of Transportation’s Build America Bureau has provided a $13.08 million loan to the San Luis Obispo Regional Transit Authority (RTA) in...
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$1.1 billion Sarcamento UC Davis project to create thousands of jobs — and potentially...

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A planned massive development at the University of California Davis campus in Sacramento is expected to create a significant number of construction jobs --...
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Construction begins on solar plant near Sacramento

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Lightsource bp has closed on a $20 million financing package and started construction on its Wildflower Solar project in Rio Linda, about 10 miles...
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Projects and opportunities

NAVFAC Southwest awards $750 million contract for waterfront facilities construction, renovation, repair

The Naval Facilities Engineering Systems Command (NAVFAC) Southwest awarded a $750 million maximum contract for new construction, repair, and renovation of waterfront facilities at...
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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...