“Sooner or later, something fundamental in your business world will change.” The late Andrew Grove (1936-2016), Co-founder of tech giant Intel Corp., lived by these words.

Large companies that can attract talent are better able to commit to more work, according to a national trade group for builders and contractors.

Nonresidential construction price gains were largely driven by iron and steel prices and steel mill product prices.

Led by an ambitious President and a CEO with deep pockets, Alloy LLC's six entities control the entire development process: real estate development, design, construction, brokerage, property management, and community development.

The good news: the length and value of disputes in the U.S. fell last year, according to latest Arcadis report.

Retail construction projects were up nearly 25% year-over-year, and the industrial and office construction sectors fared well, too. Economic uncertainty looms over everything, however.

Lower building material prices, a sluggish U.S. economy, and hesitation among private developers all factor into the 2.1% drop.

The development consortium has secured financing for the $4 billion project, and signed an operating lease through 2050.