Matthew Thibault, Construction Dive Journalist Profile

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Balfour Beatty kicks off $385M Miami hotel project

3 days ago | constructiondive.com | Matthew Thibault

This audio is auto-generated. Please let us know if you have feedback. Balfour Beatty has mobilized its operations to begin construction on the Grand Hyatt Miami Beach hotel and convention center project in Miami Beach, Florida, according to an April 29 news release. The construction services contract is valued at nearly $385 million. MB Mixed Use Investment, a partnership between South Florida developers Terra Group and Turnberry, awarded Balfour Beatty the contract in January 2023.
AI, robots take top spot in contech investments

1 week ago | finance.yahoo.com | Matthew Thibault

This story was originally published on Construction Dive. To receive daily news and insights, subscribe to our free daily Construction Dive newsletter.
AI, robots take top spot in contech investments

1 week ago | constructiondive.com | Matthew Thibault

This audio is auto-generated. Please let us know if you have feedback. More than half — 55% — of the $3.55 billion invested in construction technology in the first quarter of 2025 went toward funding next-generation robotics and artificial intelligence-enabled technology, compared to less than 30% in all of 2024, according to a report from Chicago-based Nymbl Ventures, a venture capital firm specializing in the built world.
Turner launches offsite manufacturing company

1 week ago | constructiondive.com | Matthew Thibault

This audio is auto-generated. Please let us know if you have feedback. New York City-based Turner Construction has launched a new business focused on offsite manufacturing and construction, the company announced on May 6. The subsidiary, named xPL Offsite, draws on Turner’s experience with offsite manufacturing and modular projects to offer those services to clients across the country, according to the news release.
PCL to open Phoenix office

1 week ago | constructiondive.com | Matthew Thibault

This audio is auto-generated. Please let us know if you have feedback. Edmonton, Alberta-based PCL Construction is opening a new commercial building office in Phoenix, which the company said will help it capitalize on the area’s potential for construction work, according to an April 30 news release.
Innovate for craftworkers, and tech will follow: Mortenson exec

2 weeks ago | constructiondive.com | Matthew Thibault

This audio is auto-generated. Please let us know if you have feedback. Trent Mostaert says he has the coolest job in the world. Over the past few years, the vice president of industrialization for Minneapolis-based Mortenson has been keeping an eye on physical artificial intelligence. That’s the area of how physical and digital tools can be married and optimized to support workers in their particular environment.
Innovate for craftworkers, and tech will follow: Mortenson exec

2 weeks ago | finance.yahoo.com | Matthew Thibault

Unlock stock picks and a broker-level newsfeed that powers Wall Street. Matthew Thibault Wed, Apr 30, 2025, 8:33 AM 4 min read This story was originally published on Construction Dive. To receive daily news and insights, subscribe to our free daily Construction Dive newsletter. Trent Mostaert says he has the coolest job in the world. Over the past few years, the vice president of industrialization for Minneapolis-based Mortenson has been keeping an eye on physical artificial intelligence.
NFL’s Commanders ink $4B stadium deal

2 weeks ago | constructiondive.com | Matthew Thibault

This audio is auto-generated. Please let us know if you have feedback. The NFL’s Washington Commanders have inked a blockbuster $4 billion deal with the D.C. government to return to the Robert F. Kennedy Memorial Stadium campus, the franchise announced on April 28.
Gilbane breaks ground on $84M Massachusetts college modernization

2 weeks ago | constructiondive.com | Matthew Thibault

This audio is auto-generated. Please let us know if you have feedback. Providence, Rhode Island-based Gilbane Building Co. broke ground on Salem State University’s BOLD project, a campus unification and modernization effort that will move the college’s South Campus-housed programs to its North Campus, according to an April 23 news release from the school. The project will cost $84 million, according to the Gloucester Daily Times.
Balfour Beatty nabs $889M Texas highway job

2 weeks ago | constructiondive.com | Matthew Thibault

This audio is auto-generated. Please let us know if you have feedback. Award: Interstate reconstruction projectValue: $889 millionLocation: Dallas County, TexasClient: Texas DOTThe U.S. arm of London-based Balfour Beatty was awarded an $889 million contract to reconstruct part of Interstate 30 in Dallas County, Texas, for the state’s DOT, the contractor announced on April 24. As part of the contract, Balfour Beatty will reconstruct a 2.3-mile section of the route on the east side of the county.