Skanska JV nabs $534M LA bridge deck replacement

Award: Bridge deck replacementValue: $534 million total contractLocation: Los AngelesClient: Caltrans A Skanska joint venture has won a major Los Angeles bridge rehabilitation project, the Sweden-based developer and contractor announced Wednesday. In partnership with Pleasanton, California-based heavy civil construction firm California Engineering Contractors, Skanska will replace the bridge deck for the Vincent Thomas Bridge. The total contract with […]

Adaptive Reuse Projects Abounded in 2025

While bids for complex capital projects continue to dominate the construction industry, adaptive reuse has been quietly on the rise. Notably, more than 70,000 apartments were converted from office buildings in 2025, up more than 200% since 2022. Driven by an increase in hybrid work, an ongoing housing shortage and a heightened focus on environmental […]

Construction backlog hit 4-year low in January

Dive Brief: Construction backlog fell to 8 months in January, down 0.2 months from December and now sits at its lowest level in four years, according to an Associated Builders and Contractors survey conducted Jan. 20 to Feb. 3. Reinforcing a recent theme in the industry, however, that slump was not felt equally by all […]