USDOT Announces $25 Million Infrastructure Investment in Aurora
AURORA – U.S. Secretary of Transportation Elaine L. Chao today announced that the Trump Administration will invest $900 million in American infrastructure through the Better Utilizing Investments to Leverage Development (BUILD) Transportation Discretionary Grants program. This includes an award of $25 million to Aurora for the I-70/Picadilly Interchange project. “The Administration is targeting BUILD Transportation grants to repair, rebuild, and revitalize significant infrastructure projects...
Latin America and Caribbean on the Brink of Massive Solar Power Growth
Lima, Peru – Latin America and the Caribbean could grow their installed solar capacity by a factor of 40 by 2050, a new report by the International Renewable Energy Agency (IRENA) shows. Annual investmens exceeding seven billion would see the region's solar PV capacity rise from 7 gigawatts (GW) today, to more than 280 GW by mid-century. While solar energy remains the highest in Asia, North America and Europe, market growth is set to shift to other regions in the world. By that time, solar PV...
10-year Anniversary of Ideate BIMLink for Revit Brings Major Enhancements
San Francisco, CA – Ideate Software, a veteran Autodesk Developer Network member, announced enhancements to Ideate BIMLink, its Revit productivity application that simplifies model management by facilitating the movement of data from Autodesk® Revit® software to Microsoft Excel for editing, and then back into Revit with speed, ease and accuracy. “As we celebrate the 10-year anniversary of Ideate BIMLink, we enjoy looking back at the meaningful enhancements added with every release,” said Glyn...
Construction Complete on University of Colorado Boulder’s Newest and Largest Residence Hall Williams Village East
St. Louis, MO - The new Williams Village East residence hall at the University of Colorado Boulder proudly welcomed its first students in August for the fall 2019 semester. The 178,000-square-foot residence hall, the university’s largest, houses a total of 705 students. The $96.7 million residence hall was designed by St. Louis-based KWK Architects as part of the design-build team, which also included architect-of-record alm2s of Fort Collins, CO and Whiting-Turner Contracting Company of Den...
Autodesk and AGC to Provide Construction Industry with Custom-Fitting Safety Harnesses for Women
Construction technology provider and national trade organization launch grant program to help address industry need for better-fitting personal protective equipment (PPE) for women working at heights SAN RAFAEL, Calif. – According to the Occupational Safety and Health Administration (OSHA), falls are the leading cause of private sector worker fatalities in the construction industry. Everyone who works at heights, whether it’s on a roof, scaffolding, or the edge of a tall building, should...
AI-Based Traffic Project Taps Caltrans for Help
Lawrence Berkeley National Lab computer scientists are working with the California Department of Transportation to combine high performance computing and machine learning with the algorithms that control traffic management systems. Sherry Li As a result, those algorithms will be able to generate more accurate and timely traffic predictions and to aid real-time traffic control, such as rerouting traffic, altering traffic light configurations, and other corrective measures, according to Sherry L...
Rescission Funding Cuts May Go Deeper Than Expected
The initial state-by-state calculation of the impending $7.6 billion rescission of Federal-aid highway contract authority mandated by the Fixing America’s Surface Transportation or FAST Act indicates states may experience deeper funding cuts than what was called for in that 2015 law. According to Federal Highway Administration data released this week , the total unobligated balances of state highway funding subject to the rescission – scheduled to occur July 1, 2020 – stands at...
Meridiam Named Manager For International Municipal Investment Fund (IMIF)
Durban, South Africa--Meridiam, the infrastructure investment and global asset manager, with USD 7 billion in assets under management, was formally selected as the fund manager of the International Municipal Investment Fund (IMIF)—a unique, bespoke fund designed to focus exclusively on supporting cities and local governments; notably municipalities in developing countries, including the least-developed countries—launched by the coalition for a financial ecosystem that works for cities and local...
Electric Vehicles Pick Up at a Rapid Pace with Five Million on the Road Worldwide, says GlobalData
We are at the very beginning of the era of electric vehicles (EVs). Today, there are five million EVs on the world’s roads, which is up two million from 2018. China is in the leading position, in terms of the largest EV market, followed by Europe and the US. However, large-scale commercial production of EVs by the big car makers is unlikely to take off until 2025, according to GlobalData, a leading data and analytics company. Technological advancements are leading to substantial cuts in EV ba...
Water Management Product Offering Expands with Torrent Resources, Inc. Acquisition
ATLANTA, Ga. – Oldcastle Infrastructure™, A CRH Company, has acquired Torrent Resources, Inc. a full-service stormwater solutions provider, based in Phoenix, AZ. Since 1972, Torrent has specialized in the construction of two stormwater infiltration systems designed for the pretreatment and recharge of excess surface water, the MaxWell® IV and the MaxWell® Plus drywell systems for deep infiltration. This new partnership builds on existing community and business relationships, while affording c...