News in Brief Profitable partnership

Associated Builders and Contractors (ABC) and leading global construction management software provider, Procore, have expanded their existing relationship through a strategic partnership that will provide ABC members with trusted, innovative technologies to help better develop people, win more work, create safer jobsites and increase profitability.

“Procore’s solutions will strengthen the value proposition of any contractor within the community,” says Michael Bellaman, ABC president and CEO. “We are thrilled that Procore is joining our group of handselected, trusted resources for ABC’s more than 22,000 member companies.”

Connected construction

Trackunit, the global leader in telematics solutions for OEMs, rental, and contractors is attending CONEXPO-CON/AGG 2023 in Las Vegas from March 14th to 18th. It will be demonstrating its latest range of construction equipment and tools apps to increase site, personnel, and equipment safety, productivity, and sustainability.

Based on data insights, Trackunit’s technology solutions reduce loss and theft across the project site and rental yard. “CONEXPO is a key opportunity to interact with the whole industry,” says David Swan, Senior VP Products. “Construction now understands that technology, and connected machines and systems are a major contributor in maximizing fleet utilization and improving employee safety.”

Trackunit will announce new collaborations and partnerships that demonstrate its continued ecosystem expansion.

A

major milestone McCarthy Building Companies, Inc. has celebrated the topping out of Houston Methodist’s new Cypress Hospital campus located in the greater Houston area. Sitting on 105 acres and consisting of a seven-story hospital, two medical office buildings, and a central utility plant, the campus boasts a mixture of built-out space as well as a shell for future growth. McCarthy broke ground in February 2022, and construction is scheduled to achieve substantial completion by the end of 2024.

To acknowledge the construction milestone, speakers reflected on the work accomplished safely and look ahead to the work needed to complete the campus.

Luxury living

Cushman & Wakefield has advised Optima in the acquisition of a 22-acre development site in northern Scottsdale, Arizona.

Chicago-based Optima is constructing a new luxury mixed-use residential project named Optima McDowell Mountain Village™. The project will consist of six eight-story buildings totalling approximately 1330 residential units plus 36,000 square feet of commercial space and amenities.

Optima acquired the land for $44.75 million. “This will be a world-class residential project, providing much-needed upscale housing in the growing Scottsdale area. It is strategically located along the freeway, making it very convenient for residents to access any destination,” says Don Arones, Managing Director with Cushman & Wakefield in Phoenix.