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Texas & Louisiana Industry News: November 2024

Nov 23, 2024 | enr.com | Daniel Tyson |Derek Lacey

Balfour Beatty Wins $746M I-35 Capital Express Contract1The Texas Dept. of Transportation has awarded a $746-million contract to British-based Balfour Beatty to construct 2.5 miles of its Interstate 35 Capital Express Central project. This section of I-35’s upgrade will start south of downtown Austin during the first half of 2025 and be completed by 2033.
Texas DOT Awards $746M I-35 Contract to Balfour Beatty

Nov 11, 2024 | enr.com | Daniel Tyson

The Texas Dept. of Transportation has awarded a $746-million contract to British-based Balfour-Beatty to construct 2.5 miles of its massive Interstate 35 Capital Express Central project. This section of I-35’s upgrade will start south of downtown Austin during the first half of 2025 and be completed by 2033.
$70M Renovation of University of Texas Tower Set to Start

Oct 22, 2024 | enr.com | Daniel Tyson

A project team led by contractor SpawGlass will begin a $70-million renovation of the University of Texas' 27-story Tower, the centerpiece of the flagship university in Austin. Architectural firm Robert A.M. Stern Architects is leading the project's design. Construction is scheduled to begin in November. According to the university, the renovation of the nearly 90-year-old tower will be a multi-year effort to restore, revitalize and reimagine the 27-story structure.
Legal Ruling Keeps Austin Transit Project Moving Ahead, For Now

Oct 15, 2024 | enr.com | Daniel Tyson

A multibillion dollar mass transit project in Austin, Texas, is back on track after a state court dismissed two funding challenges brought by the state attorney general in early summer. A ruling by the 15th Appeals Court could settle how a significant portion of the $7.1-billion Project Connect is funded by a voter-approved tax increase. Both the state government and individuals have filed numerous lawsuits over the project, which includes light rail.
Digging Deep to Boost Austin-Area Water Supplies

Jul 17, 2024 | enr.com | Daniel Tyson

In 2006, three municipalities in the Austin area formed a local government corporation called the Brushy Creek Regional Utility Authority for the purpose of designing, financing and building a new regional water system to supply raw water from Lake Travis. Today, those cities—Cedar Park, Round Rock and Leander—are now in the midst of seeing their goals come true.
ENR 2024 Texas & Louisiana Contractor of the Year: Relentless Drive Propels Contractor RNGD to Next Level

Jul 17, 2024 | enr.com | Daniel Tyson

In the hallways and at construction sites of RNGD, the adjective “relentless” is commonly heard. “It’s in how we describe ourselves, our methods, our style. Seriously, it’s everywhere. But we live it every day, from early mornings on site to rolling out new plans in the office,” says Wesley J. Palmisano, founder and CEO of the New Orleans-based contractor.
TX/LA Top Design Firms Ranking: Revenue Rises, but Will Talent Gaps Hinder Growth?

Jun 18, 2024 | enr.com | Daniel Tyson

It was a banner year for design firms across Texas, Louisiana, Arkansas, Mississippi and Oklahoma in 2023, largely due to massive government spending and energy construction investment. ENR’s regional Top Design Firms survey shows companies with familiar names dominating the top 10 spots—reporting a total of well over $2.3 billion in revenue in 2023, up slightly from the previous year.
ENR TX/LA Names RNGD Construction as 2024 Contractor of the Year

Jun 15, 2024 | enr.com | Daniel Tyson

Despite recently adopting a new name, RNGD Construction has a long history of building notable construction projects and participating in community initiatives. The New Orleans-based company, formerly known as Impetus, reported overall 2023 revenue rising to $261 million, with a 26% hike from $195 million in 2022 to $241 million last year within the Texas-Louisiana region. Among key company projects spurring revenue growth are ones it completed recently.
ENR TX/LA Names RNGD as 2024 Contractor of the Year

Jun 13, 2024 | enr.com | Daniel Tyson

Despite recently adopting a new name, RNGD Construction has a long history of building notable construction projects and participating in community initiatives. The New Orleans-based company, formerly known as Impetus, saw overall revenue for 2023 increase to $261 million. Within the Texas-Louisiana region, the company saw a 26 percent increase from $195 million in 2022 to $241 million last year. The revenue growth came from interesting projects the company completed recently.
$95M in IIJA Funds to Restart Long-Stalled Oklahoma Highway Project

Jun 5, 2024 | enr.com | Daniel Tyson

While stalled for more than a year while the Oklahoma Dept. of Transportation awaits additional funding, a $153-million Tulsa elevated highway project stuck in the earliest stages of construction has become a punching bag of witty social media posts by area motorists.