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Government vetoes project bank account proposal

Construction Enquirer

The Government has blocked an attempt to amend the planned Procurement Bill to include mandatory project bank accounts for all jobs valued at over £2m. Abrahams MP said: “Small businesses are the backbone of the economy. ”

Banking 115
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Chicago’s Bank of America Tower completes, opens

BD+C

At 56 stories, Bank of America Tower is the tallest commercial building to be added to the Chicago skyline in the last 30 years. . Interior space planning is enhanced by the five-foot setbacks along the river, providing the equivalent of 14 corner offices.

Banking 105
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Helical to start £100m London office refurb job

Construction Enquirer

London developer Helical confirmed this morning that it is pressing ahead with a major office revamp job near Blackfriars Station in the capital. Helical said it was targeting BREEAM “Outstanding”, EPC A, NABERS 5 Star and WELL Platinum in the race to meet rising demand for quality office space.

Office 77
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A New Office For Business Facilities

Business Facilities

Group C Media, Business Facilities' parent company, has moved to a new office in Red Bank, NJ designed for productivity now, and in the future. Read: A New Office For Business Facilities at BusinessFacilities.com.

Office 75
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Wells Fargo CFO calls commercial real estate a ‘long movie’

Construction Dive

The office market is under the most pressure, the bank’s finance chief Michael Santomassimo said on Monday.

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Vermont State Office Complex Avoids Potential Disaster

PC Construction

Among the areas hardest hit was Waterbury, Vermont, where 1,500 state workers were displaced at the Vermont State Office Complex when flooding made the buildings uninhabitable. Waterbury was once again under water as the banks of the Winooski River overflowed, creeping closer and closer to the Vermont State Office Complex (see image).

Vermont 74
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Anchorage to receive new glacier-inspired office building

BD+C

Downtown Anchorage’s former Key Bank Plaza Building will be modernized and expanded into a sleek, glacier-inspired office building, courtesy of Perkins&Will. .

Office 98