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Elon Musk's "Boring Company" Starts Work on Its First Commercial Tunneling Project in Las Vegas

Billionaire Elon Musk founded The Boring Company (TBC) in December of 2016 with the goal of greatly reducing the cost of building tunnels and tunnel-based transportation systems. Part of his inspiration for entering into the business was his frustration with gridlock traffic in Los Angeles and the general limitations of the world's current "2-dimensional, road-based" transportation networks. The company's focus has been on developing tunneling methods and designs with which will speed up the tunnel construction process while greatly reducing costs.

International Construction News: $52-Billion Magnetic Levitation Train Project Underway in Japan

The Chuo Shinkansen project is a magnetic levitation ("maglev") railway project currently underway in Japan, being built by the Central Japan Railway Company. While Japan is famous for its high-speed bullet trains (which have been in operation since 1964), this new maglev train line will reportedly cut rail travel time between Tokyo and Nagoya by 50% when completed in 2027. With trains traveling faster than 265 mph, this will decrease the time for the 178-mile trip to just 40 minutes.

Modular Construction On The Rise In U.S. and Abroad: Here's Why

Modular construction is growing in popularity in the U.S. and internationally. Modular construction is a method of construction which involves pre-building standardized sub-structures (or "modules") of a structure in an off-site factory, then delivering them for on-site assembly. According to one recent article, more than a dozen modular projects have been either built or launched in the New York City area over the last few years. According to one industry group (the Modular Building Institute), the U.S. modular construction business has doubled in size to $8 billion in the past five years...

NYC Construction News: Hudson Yards Public Space has Become One of the City's Hottest Tourist Attractions

Located between 10th and 12th Avenues from West 30th to West 34th Street, Hudson Yards is a private real estate development located on the West Side of New York City. It is reportedly the largest private real estate development in the United States by area. Upon completion, 13 of the 16 planned structures on the West Side of Midtown South will sit on a platform built over the West Side Yard (a storage yard for Long Island Rail Road trains). The first of Hudson Yards' two phases opened in 2019. It includes a public green space and eight buildings which include residences, a hotel, office buildings, many retail shops, and cultural institutions. The second phase, projected to be completed by 2024, will include additional residential space, an office building, and a school...

Happy Presidents' Day!

In observance of Presidents' Day, Beacon Consulting Group will be closed on Monday, Feb. 18th. While we are away, please enjoy some of these fun, lesser-known facts about George Washington and Presidents' Day. For example, in 1789, George Washington earned $25,000 as President of the U.S (2% of the total U.S. budget at the time). In current dollars, that would be more than $725,000! Read on for more...