Gravel2Gavel Construction & Real Estate Law Blog
In our latest roundup, Walmart adds their own generative AI, major airlines reduce their capacity at regional airports, autoworkers prepare for a strike as negotiations continue, and more!
- A nonprofit in Philadelphia is helping connect marginalized business owners with construction projects before bids are announced to improve equity in deals. (Kristen Mosbrucker-Garza, WHYY)
- While the traditional office space market has been rocky, the life sciences market has taken over, creating more than one out of every four new projects. (Greg Cornfield, Commercial Observer)
- Along with JLL, Walmart has joined the growing list of major U.S. companies supplying their own generative AI tools to some of their employees. (Lindsey Wilkinson, Construction Dive)
- Due to factors such as changing economics, the COVID-19 pandemic and a shortage of pilots, major airlines are pulling services to small hubs and regional airports across the country. (Adam Bearne, NPR)
- Housing affordability has hit a nearly four-decade low as new house hunters struggle and investment has slowed. (Phil Rosen, Business Insider)
- With $550 billion in new federal infrastructure funds from the Infrastructure Investment and Jobs Act being accessed by states, they are running into an issue — more jobs than workers. (Shannon Pettypiece, NBC)
- As construction looks to move toward more sustainable practices, the realities slightly differ from the stated goals. (Russell Haworth, Forbes)
- An autoworkers strike looms as their union pushes General Motors, Stellantis and Ford for demands that even the UAW’s own president calls “audacious.” (AP via CBS)