Speaking at this week’s 11th Annual East Coast Gaming Congress, Kevin DeSanctis, Chairman and Chief Executive Officer of Revel Entertainment Group, announced that Arquitectonica has been named the design architect, BLT Architects has been named Executive Architect and Architect of Record and SOSH Architects has been named Associate Architect for the Company’s Atlantic City resort [...]

Ingersoll-Rand Co., the maker of Bobcat machinery and Thermo-King refrigerated trucks, said first- quarter profit fell 14 percent on slower sales of equipment used in housing construction.
Net income dropped to $217.5 million, or 70 cents a share, from $253.2 million, or 76 cents, a year earlier. Profit beat analysts’ estimates. Sales rose 5.7 percent to [...]

When the New York State Association of Minority Contractors (NYMSAMC) starts its third round of construction management workshops in Brooklyn on Tuesday, it will have a record 70 participants. The agency, a signatory in the Atlantic Yards Community Benefits Agreement (CBA) with Forest City Ratner Companies and charged with providing technical assistance and education for [...]

Fitch Ratings issues a construction loan servicer rating of ‘Acceptable’ to Wachovia Securities (Wachovia). The rating considers Wachovia’s extensive history of construction loan administration and servicing, its experienced and tenured management and staff, and the strong financial resources provided by its parent, Wachovia Corporation.
In addition to corporate history, staffing, policies and procedures and technology, Fitch [...]

BRACE yourselves for a massive construction boom in Yorkshire which will need more than 6,000 recruits into the industry each year.
That is the assessment of the just-published Construction Skills Network report – and it foresees major projects in York and North Yorkshire contributing heftily to the demand.
These include the proposed £500 million campus extension at [...]

Buffalo’s downtown housing renaissance, a long-awaited dream come true, came at a huge cost. And few paid as big a price as Dan D’Andrea.
D’Andrea, a young, ambitious construction worker eager to get his own contracting business off the ground, suddenly found himself in a wheelchair two years ago.
He was working at the old Holling Press [...]

British architect Lord Richard Rogers, acclaimed for his urban, socially minded and open designs including the airy Georges Pompidou Center in Paris, is the winner of the 2007 Pritzker Architecture Prize, it was announced Wednesday.
Rogers, 73, is the fourth British architect to receive the field’s top honor, founded in 1979 and sponsored by the family [...]

Beneath its dark netting and scaffold-covered exterior, the historic Sears building at 400 E. Fordham Rd. is undergoing drastic restructuring. The shopping center will re-emerge in the next 16 to 18 months as Fordham Place, the Bronx’s first mixed-use development in more than 15 years.
Last Thursday, real estate developers Acadia Realty Trust and P/A [...]

Mission Hospital Regional Medical Center has joined sister facilities St. Joseph Hospital-Orange and St. Jude Medical Center in Fullerton in the construction race.
St. Louis-based McCar-thy Building Cos., which has a Newport Beach office, started work earlier this month on a $67 million, four-story, 95,000-square-foot critical care building for the Mission Viejo hospital.
Mission, Orange County’s fifth-largest [...]

McGraw-Hill Construction’s GreenSource, a publication devoted to sustainable design and construction, won the Jesse H. Neal Award for Best Start-Up Publication at the American Business Media’s annual Neal Awards event. McGraw-Hill Construction, a unit of The McGraw-Hill Companies (NYSE: MHP) , also received two awards for ENR.com (http://www.enr.com/), the website of Engineering News-Record. The website [...]

NEW YORK — Stocks closed mostly higher Friday, sending the Dow Jones industrials to their best week in four years after a surprise jump in home sales eased concern that frailty in the housing market will hurt economic growth.
Existing home sales rose by the biggest amount in nearly three years in February amid a [...]

Peel, one of the leading property and transport companies in the UK, unveiled plans for one of the largest regeneration schemes in the country. The visionary scheme will see Liverpool become one side of the ocean gateway to the North West, an international waterside destination to rival cities such as Dubai, Vancouver, New York and [...]