Hot Property: 300 Third Ave.

Callahan Construction Managers has begun raising structural steel for a new 4-story, 140,000-square-foot life sciences building in Waltham. 

Building to Beat the Budget

Thad Minshall puts his background in the development world to use in his current role as vice president at the Beverly-based construction managers, overseeing projects for outside clients as well as management of the company’s own portfolio of North Shore properties.

Shawmut Shuts the Gender Salary Gap

After an outside audit identified a gender-based wage gap, executives at Boston-based Shawmut Design and Construction in 2019 revamped its policies with the goal of putting high-potential female employees on a faster track to advancement.

AG Fined Construction Companies $1.23M in 2018

The state Attorney General’s Office issued 165 civil citations against 66 construction companies in wage theft and other cases in 2018, with fines totaling $1.23 million. Restitution exceeded $1.47 million for more than 1,030 employees of the various employers.

Rendering courtesy of Skanska USA

While Students Are Away, Construction Kicks Into High Gear

Greater Boston is home to some of higher education’s most prestigious colleges and universities which consistently attract students from around the country and the globe. Even so, there is now more pressure than ever for these elite institutions to distinguish themselves from their competitors.

Residential Permits Rebound From Fall Slowdown

It looks like Greater Boston’s red hot housing market still has some juice left, but just how much remains to be seen. After a fall-off last year raised some red flags, construction of badly needed new homes, condominiums and apartments across Massachusetts is on the rebound once again.

US Construction Spending Falls In Headwind For Third Quarter GDP

U.S. construction spending fell in August for the second straight month to its lowest level in eight months, an unexpected drop driven by weakness across public and private sectors. The successive declines suggest home building might not help economic growth in the third quarter.