Google closes Intersect Power acquisition for $4.75B, Tampa Bay Rays unveil $2.3B stadium plan, Babybel break ground on a $200M expansion in South Dakota and Google commits $1B to their Lenoir campus expansion. Niron Magnetics begin a site search for their new $1.8B manufacturing plant, Skanska tops out a $435M hospital, and Hensel Phelps deploys a new AI program, let's dive in!

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TheJobWalk Project Tracker, designed to show major construction projects happening across the United States, here’s what to expect:

- Will be released with 100 projects
- Updates weekly with more projects
- Covering all the key projects details

Google has officially closed its $4.75 billion acquisition of Intersect Power's digital power business, including assumed debt. The deal follows a strategic partnership with TPG announced in December 2024, built around the idea of pairing data centers directly with clean energy sources.

The relationship moved quickly. After roughly a year of working together, Google pulled the trigger on a full acquisition in December 2025. Simultaneously, Intersect's grid-tied clean energy operations were spun out and relaunched under a new name: IPX Power. Between the acquisition and the spinout, the combined enterprise value sits at around $12 billion.

IPX Power launches with 4.4 GW of solar and 8.8 GWh of battery storage spread across California and Texas. TPG Rise Climate leads the backing, with Google and others also holding stakes, and a multi-gigawatt development pipeline in place. Read more here.

TheJobWalk’s got eyes on this too...

Powering up this week’s edition is Ace Electric, a specialist electrical contractor based out of Valdosta, Georgia, operating across Georgia, North Carolina, Tennessee & Ohio.

​Ace is a family-owned and operated electrical contractor with a rich history dating back to its founding in 1975. Fast forward to today, they are ranked the No.1 Speciality Contractor in the Southeast.

With a 45+ year track record across commercial, industrial, and mission-critical markets, Ace isn’t just building systems, they’re building trust. With a team of over 1,200 employees, Ace continues to strive for excellence.

Their vision? To be the preferred electrical contractor and employer of choice in every community they serve.

The Tampa Bay Rays have unveiled plans for a $2.3 billion stadium in Tampa's Westshore District, anchoring a large mixed-use development across roughly 130 acres around Hillsborough College's Dale Mabry campus. The site sits directly across from Raymond James Stadium and next to Steinbrenner Field.

The proposed ballpark would hold 31,000 seats and serve as the centerpiece of a walkable neighborhood packed with retail, parks, open space, and entertainment. Gensler is handling master planning for the wider development, with Populous taking on the stadium design itself, two of the biggest names in the business.

The Rays are committed to covering at least half the stadium cost, with Hillsborough County and the city of Tampa expected to fund the rest. In January, the Hillsborough College District Board signed off on a non-binding memorandum of understanding, kicking off a 180-day window to hammer out final terms. Read more here.

Bel Group has broken ground on a $200 million expansion of its Babybel facility in Brookings, South Dakota, doubling production from 10,000 to 20,000 tons annually. The project will create around 150 jobs, increase U.S. milk sourcing, and strengthen domestic output as demand for portion-sized dairy snacks continues to grow. Read more here.

Google is investing $1 billion into its Lenoir, North Carolina data center over the next two years, expanding a campus that has operated since 2007. The project strengthens long-term infrastructure capacity while supporting the local community through a $2 million energy fund and $270,000 in workforce and digital equity initiatives. Read more here.

Niron Magnetics has launched site selection for a second U.S. manufacturing facility, a planned 1.6 million square foot plant with up to $1.8 billion in investment. The project will produce rare-earth-free Iron Nitride permanent magnets, targeting 10,000 tons annually, with construction expected to begin in early 2028. Read more here.

Skanska has topped out a $435 million hospital for Lee Health in Fort Myers, Florida, delivering 400,000 square feet on a 52-acre campus alongside a 122,000 square foot medical office building. The project includes 168 beds, 18 ORs, and resilient infrastructure, with completion and opening targeted for 2028. Read more here.

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Lakhta Center in Saint Petersburg rises 462 meters, making it the tallest building in Europe. Developed by Gazprom, construction began in 2012 and was completed in 2019 along the Gulf of Finland. The tower was designed by RMJM, with Rönesans Holding as main contractor and AECOM acting as project management consultant, all operating within challenging coastal and climatic conditions.

The foundation was a defining milestone, featuring a record-setting continuous mat concrete pour of approximately 19,600 cubic meters completed over more than 49 hours. This supported a deep piled foundation system designed for weak, water-saturated soils. Engineers also addressed groundwater control, frost depth, and long-term settlement risks critical to the site.

Above ground, the tower’s twisting geometry introduced major structural and façade complexity. Each floor rotates slightly, requiring thousands of unique glass panels installed by Josef Gartner. The reinforced concrete core, perimeter columns, and outriggers were engineered to resist strong coastal winds and temperature variation.

Track3D has signed a multi-year enterprise agreement with Hensel Phelps, one of the largest general contractors in the US, to roll out its progress tracking platform across more than 200 active projects nationwide. The deal spans billions of dollars in construction and brings AI-driven visibility into real-time project performance.

The partnership has real-world results behind it. At the $300 million Courtyard 3 Connector project at San Francisco International Airport, Track3D helped deliver an office and operations facility built between two active terminals, a job with zero tolerance for disruption.

On that project alone, the platform cut 2,964 hours of manual coordination, prevented three major reworks, and produced $342,000 in verified labor savings. Those numbers make a strong case for what a shared, visual source of truth can do for owners, contractors, and trade partners working at scale. Read more here.