Articles Posted in Construction Generally

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Cover-233x300Construction “gigaprojects” are initiatives with expenses of well over $1 billion and which involve time periods of well over five years. They are engagements whose extraordinary size, duration and complexity might induce even the most seasoned of project professionals to rethink how they “do contracts.” The prospect of a gigaproject does not so much raise new questions as call for the careful reconsideration of otherwise established answers. What alternative forms of contracting might one use, how might they allocate economic and project risks, and what compensation might drive the parties’ behavior?

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In our latest roundup, AI cuts disaster infrastructure losses, multifamily drives increase in CRE delinquency rates, commercial services firms lead in office and industrial leasing activity, and more!

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UPDATED August 2025: What a difference eight years make. This article was originally published in 2014 and was updated in 2017. We have again updated the links to the relevant agency resources.

The question frequently arises for participants in a nationwide construction contracting industry. Simply stated, is a licensed contractor in good standing in State A permitted to offer to contract for or to perform work requiring a contractor’s license in State B?

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In our latest roundup, more office space is being demolished/converted than built, Landingplace Hotels launches two conversation brands, developers cite expenses with low-income housing, and more!

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Our latest roundup features adaptive reuse in the hospitality industry, falling home prices in major markets, loan maturity in real estate, and more!

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In our latest roundup, REITs ramp up development, U.S. water infrastructure funding plateaus, Giant’s mixed-use development raises questions, and more!

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In our latest roundup, the Tampa Bay Rays pull out of a stadium deal, the National Association of Realtors examines another policy change, energy efficiency measures continue to lower operating expenses, and more!

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In our latest roundup, Wells Fargo sues JPMorgan Chase, mortgage rates drop, and the life science RE market falters, and more!

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In our latest roundup, hybrid work creates hope for the office sector, Texas lawmakers ease office-to-residential conversations, service-based tenants are expected to lease more retail space, and more!

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In our latest roundup, tech giants invest in new data centers, senators introduce bill aimed at price-setting algorithms, DoD stops PLA requirements, and more!

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