Trump targets $4 trillion for semiconductors, Elon Musk announces a $25 billion chip fab in Austin, and the Messer-Sundt JV breaks ground on a $900 million expansion. Google is confirmed as the operator behind Project Cannoli, Skanska picks up a $165 million contract in Texas, and SoftBank launches a $30+ billion data center campus in Ohio. Meanwhile, Alphabet's X moonshot factory spins out a new start-up, let's dive in!

FYI -This is a long newsletter; we suggest reading online(button at the top)

This has already been released to our Premium Subscribers earlier this month with flying results!

From here on:

This is a premium feature, if you want to check it out, upgrade here 👇

The Trump administration is planning to create a voluntary investment consortium targeting $4 trillion for energy projects, critical minerals, and semiconductor supply chains.

The initiative builds on Pax Silica, a program launched by the State Department in December 2025 to develop secure semiconductor supply chains among allied nations. Jacob Helberg, Under Secretary of State for Economic Affairs, Energy, and the Environment, announced the fund at the Hill and Valley Forum in Washington.

The US will contribute $250 million, with founding members expected to include SoftBank, Singapore's Temasek, and Abu Dhabi's Mubadala Investment Co., which together manage over $1 trillion in assets. The New York Times noted uncertainty around the $4 trillion figure, pointing out that total global foreign direct investment was just $1.6 trillion in 2025.

Helberg cited the ongoing conflict in Iran as a key reason energy projects were included, with the goal of keeping critical infrastructure in trusted hands. Pax Silica currently counts Japan, South Korea, Singapore, the UK, Australia, Israel, Qatar, and the UAE among its members.


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.

Elon Musk announced Terafab on March 21 at an event in Austin, Texas, a semiconductor campus planned as a joint venture between Tesla, SpaceX, and xAI. Media outlets have valued the project between $20 and $25 billion, though Musk did not confirm any figures. The 100 million square foot campus will house two separate fabrication plants and consolidate every stage of chip production under one roof, from lithography mask creation through to testing and packaging.

One fab will produce chips for Tesla's Full Self-Driving systems and Optimus humanoid robots. The other will manufacture high-powered chips engineered for SpaceX's planned orbital data centers, built to withstand the harsh conditions of space. Around 20% of annual output is earmarked for terrestrial use, with the remainder feeding the space program.

Musk argues the fully integrated approach creates a rapid feedback loop for chip design that existing supply chains simply cannot offer. No construction timeline has been disclosed. Read more here.

The Messer-Sundt Joint Venture has broken ground on a $900 million consolidated rental car and parking complex at Nashville International Airport, part of the Metropolitan Nashville Airport Authority's $3 billion New Horizon capital plan. The six-level facility will include a 3,000-space parking garage, a 4,700-vehicle rental car facility, a Customer Service Building, and quick turnaround areas with fueling and car wash capabilities. New bridges and roadways will connect the complex to Terminal Drive. Delivery is progressive design-build, targeting phased completion in 2029.

Google has confirmed it is the end user behind Project Cannoli, a proposed 1GW data center campus in Van Buren Township, Michigan. Developer Panattoni submitted plans in December 2025 for a five-building, 800,000 square foot campus across roughly 130 acres, with Walbridge already named as general contractor. The project has preliminary site plan approval but still requires final approval and a development agreement before breaking ground. Google is partnering with DTE Energy to bring 2.7GW of new grid resources online, covering electrical infrastructure costs directly to avoid passing expenses to local ratepayers.

Skanska has been selected by the Texas A&M University System to build a new Biology Teaching and Research facility in College Station, Texas. The $165 million contract, booked into Skanska's US order book in Q1 2026, covers a roughly 17,200 square meter building designed to replace several aging biology facilities on campus. Teaching and research will share one roof, with advanced labs, active-learning classrooms, immersive technology spaces, and collaboration areas. Construction is expected to begin spring 2027, with completion targeted for spring 2029.

SoftBank is partnering with the U.S. Department of Energy, the Department of Commerce, and AEP Ohio to develop the PORTS Technology Campus on the former Portsmouth Gaseous Diffusion Plant in Pike County, Ohio. The Cold War-era uranium enrichment site is one of 16 federal locations identified for rapid data center construction. Plans call for 10GW of data center capacity, with SoftBank's energy subsidiary SB Energy building 9.2GW of new natural gas generation backed by $33.3 billion in Japanese investment, alongside a $4.2 billion transmission upgrade with AEP Ohio. Construction is expected to begin in 2026.

America is building at full speed.

We track projects, intel, contractors & market shifts, so you know who's building where & when, before everyone else.

Construction is booming, don't miss the opportunity.

Tour Triangle is a 180-meter, 42-story glass skyscraper under construction in Paris's 15th arrondissement. Designed by Swiss firm Herzog and de Meuron, it will be the first high-rise built within central Paris since Tour Montparnasse in 1973. Developer Unibail-Rodamco-Westfield is leading the project, backed financially by AXA, with Belgian contractor BESIX serving as lead contractor. Total project cost is reported at around 670 million euros.

Construction broke ground in February 2022 after more than 15 years of planning battles, legal challenges, and financing delays. BESIX completed the final concrete pour on the 40th floor in late 2025, using roughly 70,000 cubic meters of concrete across three and a half years of structural work. Facade installation is well advanced, with over 6,600 of 8,300 panels already fitted.

The 91,000 square meter mixed-use tower will house offices for around 5,000 workers, a 128-room Radisson Blu hotel, conference facilities, retail, and a public observatory. Delivery is targeted for the second half of 2026.

Anori, a construction technology platform spun out of Alphabet's X moonshot factory, launched as an independent company on March 19 with $26 million in funding. The round was led by Prologis and Builders VC, with participation from Series X Capital. X made two previous attempts to solve the same problem before abandoning both, but says the difference this time is that industry players came in as investors rather than waiting for a finished product.

The platform targets pre-development, the two to four years between a developer's decision to build and the first day of construction. Anori brings architects, engineers, developers, and city planners onto a single platform from the start, surfacing compliance conflicts in weeks rather than months.

Its initial focus is three to six story multifamily buildings, with hospitals and data centers also on the roadmap. Anori has already partnered with the city of Rio de Janeiro to modernize its urban licensing process.