Thursday, May 2, 2024

LA office project secures $54.73 million in construction financing

JLL Capital Markets has arranged senior and mezzanine construction financing totaling $54.73 million for the development of The Depot, a 107,199-sq.-ft., 1.5 acre creative...

Ground broken on new K-8 school in Irvine Unified School District

C.W. Driver Companies has started ground up construction on Solis Park School, a new K-8 school in Irvine Unified School District (IUSD) in Orange...
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Tutor Perini wins $269 million design-build contract for veterans nursing facility

Tutor Perini subsidiary Rudolph and Sletten has won a design-build contract valued at approximately $269 million for a skilled nursing and memory care facility...

Cisterra to build 22-story tower in San Diego

Cisterra Development, in a joint-venture with Koman Group and Wermers Properties, will build a 255,000-sq.-ft. retail and residential high-rise tower in San Diego. Dubbed Radian,...

Boulder Crossing Shopping Center breaks ground in Riverside County

Work has started on the Boulder Crossing Shopping Center at the intersection of Winchester Rd. and Domenigoni Parkway in Riverside County. The new development is...

Ground broken on new six-story building in Fremont

Fremont Bank is breaking ground on a new 34,000-sq.-ft. headquarters. The building will house its main branch financial center, along with executive, administrative, and foundation...

Construction begins on centralized biogas cleanup unit to produce renewable natural gas

Aemetis says its Aemetis Biogas subsidiary has started construction on the dairy biogas cleanup and compression unit for the Aemetis Biogas Central Dairy Digester...

Bain Capital, BARDAS to invest $450 million to develop new Los Angeles studio campus

Bain Capital Real Estate and BARDAS Investment Group have submitted plans to the City of Los Angeles to invest $450 million to develop Echelon...

Linc Housing, National CORE begin work on 91-unit apartment community in San Pedro

Linc Housing and National CORE, both nonprofit developers of affordable and supportive housing, have partnered to build 456 West, a 91-unit apartment community in...

Shopoff Realty secures $50.5 million construction loan for new condo in Newport Beach

Shopoff Realty Investments has secured a $50.5 million construction loan for its Parkhouse Residences at Uptown Newport project in the City of Newport Beach. The...

Projects and opportunities

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

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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...