Sebastian Obando
Construction Dive
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Past articles by Sebastian:
Top 10 metros for construction starts
Even when adjusted for inflation, commercial and multifamily starts were robust in 2022 as projects moved back toward urban cores, according to a new report. → Read More
Tesla eyes $776M expansion at Texas Gigafactory
Plans for the 1.6 million-square-foot project were filed with the state on Jan. 9. → Read More
Strong backlog report includes warning of tighter financing
A healthy pipeline is insulating the construction industry from a potential recession, but higher capital costs are looming. → Read More
Sector watch: ‘A lot of money on the table’ for civil construction this year
More than $281 billion in spending, a 16% jump from 2022, will help this recession-resistant sector gain strength this year. → Read More
Diesel’s 407% price jump puts pressure on contractors
The quadrupling of the fuel's price has both caused and been exacerbated by supply-side kinks as project costs climb. → Read More
Will Big Tech’s troubles kill data center construction?
Demand for new data center projects remains strong despite the economic challenges of tech giants such as Meta, Amazon and Twitter, analysts and contractors say. → Read More
Top 10 causes of construction claims
Firms need to turn to technology to help avoid issues like scope changes and incomplete design, according to a new report. → Read More
As part of new rat abatement program, NYC law targets construction sites
The New York City Council passed the Rat Action Plan Thursday to help address the Big Apple’s notorious rodent problems. → Read More
Bidding frenzy: 9 online platforms to find, track RFPs
Construction Dive rounds up the sites and services most used by contractors to acquire new work. → Read More
Modular use to increase in life sciences construction
Many owners find that prefab techniques are helpful for building complex manufacturing facilities, according to a new report. → Read More
Jacobs taps Pragada as next CEO
The Dallas-based contractor’s president and COO, Bob Pragada, will take over for Steve Demetriou at the firm's helm starting Jan. 24, 2023. → Read More
Healthcare construction spending surges despite soaring expenses
Rising MEP costs, inflation and supply chain concerns haven't slowed costly healthcare projects. → Read More
Fluor misses on estimates, trims guidance
The Irving, Texas-based company reported an 11% revenue decrease and narrowed its high-end guidance. → Read More
Not just warehouses: Amazon pulls back on office projects, too
The e-commerce giant said it's pausing buildouts on six office towers in Bellevue, Washington, as well as another in Nashville, Tennessee. → Read More
REIT announces 1.5 million-square-foot data center expansion
QTS, with a data center footprint of more than 7 million square feet, announced the expansion to its campus in Henrico County, Virginia. → Read More
Supply chain issues threaten data center construction boom
Rising steel prices, labor issues and high inflation could dampen the pace of building. → Read More
Northeast construction starts slow following rebound last year
The headwinds of inflation, supply chain issues, COVID-19 and a potential recession mute activity in the region, according to Dodge Data & Analytics. → Read More
Builders, MBI press for modular standards
Offsite construction companies say an absence of national codes causes manufacturing, transportation hurdles. → Read More
Bechtel launches division targeting manufacturing, tech
The company's former CFO, Catherine Hunt Ryan, will lead the new unit that eyes markets such as semiconductors, electric vehicles and data centers. → Read More
Revenue, backlog drop but Fluor maintains guidance
The Texas-based global contractor continues to reduce its outstanding debt, but past declines in oil prices and lockdowns in China weigh on its operations. → Read More