Turner-AECOM Hunt team up for $1.5B Philadelphia sports venue
AI Article Summary
Turner and AECOM Hunt have partnered to construct a new $1.5 billion sports venue in Philadelphia. The venue will be shared by the Philadelphia 76ers NBA team and the NHL's Philadelphia Flyers. This project is part of a broader partnership with the duo also working on a new stadium for the Cleveland Browns. The development highlights the growing trend of multi-use sports facilities.
What This Means for Canadian Contractors
This project shows how major construction firms are increasingly engaging in partnerships to deliver large-scale projects, which might influence Canadian contractors to consider joint ventures for complex developments. For Canadian builders, this means there may be more opportunities to engage in similar partnerships domestically or abroad to compete for substantial projects. Additionally, it underscores the trend towards developing multi-use facilities, which could require adaptive planning and design strategies.
