‘We need the affordable housing’: Developers offer $5M to transform Durham parking deck into apartments, retail tower

DURHAM, N.C. (WTVD) — At the heart of Downtown Durham, across from the Carolina Theatre, the Durham City Centre Parking Deck is wanted for $5 million by Craig Davis Properties. “Our intent is to take down the west half of the parking deck,” Earl Guill said to the Durham City Council on Thursday. “There’s an […]

Immigration crackdowns intensify construction labor woes

Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Ramped-up immigration enforcement has impacted nearly a third of construction firms, according to a survey released Aug. 28 by the Associated General Contractors of America and the National Center for Construction Education and Research. Labor […]

Kwant AI Raises Millions to Improve Construction Efficiency and Safety

New York-based AI SaaS startup Kwant AI brings AI technology to the field, adding efficiency and safety to the global construction industry with the System of Record of Workforce. The startup announced a $3.9 million seed round with investment from LAUNCH, Fairstead, Pearl Fund, 7BC Venture Capital, Forefront Ventures, Martinson ventures, and Serra Ventures. Funds […]