construction

US is short nearly 4M new homes: report

US is short nearly 4M new homes: report

The housing shortage in the U.S. is deepening despite strong demand, and a new report found that builders must construct nearly four million new homes to catch up. Almost 9.8 million households were formed...

US is short nearly 4M new homes: report
How “Living concrete” could revolutionize building construction on earth, and in space

How “Living concrete” could revolutionize building construction on earth, and in space

Could this be the building block of real estate life on Mars? Researchers at the University of Colorado have turned light-eating bacteria into the...

How “Living concrete” could revolutionize building construction on earth, and in space
Rendering of Missoni Baia with a concrete truck and Vlad Doronin (Credit: Getty Images and iStock)

5,800-ton concrete pour set for Missoni Baia condo tower

UPDATED, Jan. 15, 11:40 a.m.: Two months after scoring a construction loan, the developers of Missoni Baia will begin...

5,800-ton concrete pour set for Missoni Baia condo tower
Airbnb hammers out partnership with carpenters’ union

Airbnb hammers out partnership with carpenters’ union

Airbnb has partnered up with one of North America’s biggest trade unions as it deepens its foothold in real...

Airbnb hammers out partnership with carpenters’ union
Katerra CEO Michael Marks and one of the company's prefabrication homes in Saudi Arabia (Credit: YouTube, iStock) 

Katerra signs $650M contract with Saudi Arabia to build 8,000 homes

A SoftBank-backed construction startup that has faced questions about its ability to deliver projects in the U.S., just secured...

Katerra signs $650M contract with Saudi Arabia to build 8,000 homes
Why things look good for the housing market right now

Why things look good for the housing market right now

The year is rounding out on a strong note for the construction industry. As homebuilder sentiment hits a 20-year...

Why things look good for the housing market right now
(Illustration by Tim Peacock)

Warped lumber, failed projects: TRD investigates Katerra, SoftBank’s $4B construction startup

In an email to employees last week, Katerra CEO Michael Marks had a few uplifting thoughts on the year gone by. His startup, which...

Warped lumber, failed projects: TRD investigates Katerra, SoftBank’s $4B construction startup
One Ocean

Allegations of shoddy construction pile up at Related’s One Ocean

Allegations of shoddy construction at a Related Group development in South Beach, where its chairman and CEO Jorge Pérez...

Allegations of shoddy construction pile up at Related’s One Ocean
Jerome Powell and New York City construction in October 2019 (Credit: Getty Images)

The Fed lowers rates, and once again real estate is loving it

There may come a time when a Federal Reserve interest rate cut is met with skepticism from the broader...

The Fed lowers rates, and once again real estate is loving it
From left: Katerra COO Paal Kibsgaard, Softbank CEO Masayoshi Son, and Katerra CEO Michael Marks (Credit: Katerra, Getty Images, and iStock)

SoftBank-backed construction startup Katerra acquires two more firms

Construction startup Katerra has announced the acquisition of UEB Builders and Fortune-Johnson General Contractors, just one month after hiring...

SoftBank-backed construction startup Katerra acquires two more firms
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