New York Gov. Andrew Cuomo last week signed a plan into law that requires the state to get all of its electricity from renewable sources by 2050. Solar capacity would have to reach 6,000 megawatts -- five times what it is now -- in six years, and new building codes would mandate efficiency measures.
The Las Vegas Stadium Authority approved the addition of 20 suites and a club area to the football stadium under construction for the NFL's Raiders and the University of Nevada, Las Vegas, bringing the projected cost to $1.9 billion. Construction is more than 50% finished, and the final three steel canopy trusses could be installed within the next few weeks.
The first construction phase of Washington, D.C.'s Metro Silver Line was problematic, but the second phase was expected to go more smoothly. That hasn't been the case, however, with completion now months behind schedule due to problems, including faulty rail ties, concrete cracking and a Justice Department investigation involving a subcontractor.
Savage, a Utah-based rail terminal operator, will design, build and operate a 152-acre rail facility servicing Exxon Mobil and SABIC's planned $10 billion petrochemical plant near Corpus Christi, Texas. The rail terminal should facilitate work on the Gulf Coast Growth Ventures plant and is expected to create roughly 6,000 construction jobs.
Missouri Department of Transportation officials say the agency is early enough into its fiscal year to modify a budget to repair flood-damaged roads and bridges without delaying other projects. "We could potentially cover the flood repair costs through savings realized on other projects, if we experience a strong bidding environment," said MoDOT spokesman Robert Brendel.
Sizemore Group has unveiled an updated master plan for the "Aerotropolis" mixed-use development near Atlanta's airport that is estimated to cost $700 million during the first phase of development. Nearly 5 million square feet of office space, up to six hotels and 758,000 square feet of retail space are part of the revised plan.
Project costs and complexities are delaying the start of construction on the $225 million CityPlace project in Burlington, Vt., according to Brookfield Properties. Mayor Miro Weinberger expressed frustration over the delay but said the city should continue working with Brookfield, which hopes to refine the development plan in cooperation with the city.
Lenders have agreed to more than $10 billion in funding for Venture Global's liquefied natural gas project in Cameron Parish, La., the company said. Bank of America, Goldman Sachs and JPMorgan Chase are among the backers for the Calcasieu Pass project, where preliminary construction work is already underway.
Construction employment in the Spokane, Wash., area in May was up 18% year over year amid a strong market, AGC President Stephen Sandherr. He visited the area this month to highlight that growth as well as AGC's push for more construction training nationwide.
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