Quick note, TheJobWalk has just hit a huge milestone. This week the newsletter will be going out to 5,000 construction pros and we wanted to say thank you to all our weekly readers for making this possible!

Switch secures a first of it’s kind $2.6B letter of credit facility for data center developments, L3Harris invests $1.27B in a Virginia rocket plant expansion, and Centrus picks a contractor for its Ohio nuclear expansion. Bridgestone Arena gets a $750M makeover, Meta expands in El Paso and breaks ground in Oklahoma, while ConstructConnect launches an AI-powered takeoff tool built on Google Cloud. Let's dive in!

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Switch, a major data center infrastructure provider, has secured a $2.6 billion syndicated performance letter of credit facility, a first for the data center industry.

This type of facility is a financial guarantee issued by a group of banks, assuring counterparties like utilities that contractual obligations will be met, enabling large deals to move forward with greater certainty and at a lower cost.

Designed to help Switch procure large-scale power, the facility backs new transmission and energy generation projects across its campuses. By giving utilities and partners financial confidence to commit to major infrastructure projects, Switch can lock in power capacity faster.

Since 2024, Switch has raised over $24 billion in total financing. The new facility is separate from its existing credit lines and was arranged by a syndicate of 11 global banks, with BBVA and Natixis CIB serving as structuring banks, and BNP Paribas, Citibank, and Societe Generale among the coordinating lead arrangers.

TheJobWalk’s got eyes on this too...

📰 NYC Unveils $4 Billion Investment Initiative to Finance New Housing Supply(NYC Gov)

📰 Bulley & Andrews Expands with Interior Construction Group Acquisition(Bulley & Andrews)

📰 ACES Expands U.S. Footprint with Meskel & Associates Acquisition(PR Newswire)

📰 U.S. Retail Construction Pulls Back in First Quarter, New Data Shows(CoStar)

📰 QXO to Acquire TopBuild in $17B Deal(BusinessWire)

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L3Harris Technologies, a global defense tech and solid rocket motor manufacturer, will invest $1.27 billion to expand its manufacturing facilities in Orange County, Virginia, creating more than 350 highly skilled jobs.

The announcement was made by Governor Abigail Spanberger and builds on a previously announced expansion of tactical solid rocket motor production in the state.

The expansion will more than double L3Harris's existing 256,000 square feet of manufacturing space, which serves as the company's Center of Excellence for Propellant Research and Small to Medium-sized Solid Rocket Motor Production.

New facilities will support key operations, including mixing, grinding, casting, and final assembly across multiple Department of War programs.

To secure the project, Governor Spanberger approved grants totaling $13 million from the Commonwealth's Opportunity Fund. Plus a $5 million performance-based Virginia Investment Performance Grant, with the Virginia Economic Development Partnership working alongside Orange County and the Central Virginia Partnership to bring the investment home.

Centrus Energy has selected Geiger Brothers as the construction contractor for its multi-billion-dollar uranium enrichment expansion at the American Centrifuge Plant in Piketon, Ohio. Fluor Corporation serves as EPC contractor. The facility is designed to produce at least 12 metric tons of HALEU per year and support Centrus' $2.3 billion commercial LEU backlog.

Bridgestone Arena broke ground on April 20 on a $650-750 million stadium renovation with a four-level Broadway retail complex. The privately funded project adds 600 to 700 seats, pushing capacity toward 18,000. As well as replacing the concrete facade with glass, it also adds Nashville's largest rooftop bar. Core completion is targeted for 2030.

Meta is expanding its El Paso data center campus with 12 new hyperscale buildings across roughly 600 acres at 7001 Stan Roberts Sr. It is registered as Project Seafox with a $289 million permitted cost and $10 billion total campus commitment. Construction began in November 2025, with completion targeted for February 2029 and a projected capacity of 1GW at full buildout.

Meta broke ground April 21 on Project Anthem, a $1 billion-plus, 2 million square foot AI-optimized data center at Fair Oaks Innovation Park in east Tulsa. It is the company's first Oklahoma facility and 28th in the U.S. Fortis Construction is the general contractor. The project has a 2028 operational target and estimates roughly 100 permanent positions created once complete.

Billions committed. Shovels in the ground. Contracts signed.

The opportunity is there. The question is whether you see it in time.

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The Suzhou CSC Fortune Center broke ground in 2022 in Suzhou Industrial Park, targeting a 2028 completion.

Rising 460 meters across 100 floors, the tower is designed by SOM with a gross building area of 314,010 square meters on a site of 19,625 square meters. East China Architectural Design and Research Institute serves as the local design partner, with Arup among the structural consultants.

The building's most distinctive structural feature is three slender vertical volumes connected by sky bridges at floors 17, 49, and 77. These bridges serve as multifunctional social hubs while tying the three spires together structurally. The building's geometry is engineered to allow wind to pass through the open core, mitigating climatic forces while maximizing daylight and natural ventilation.

The tower is targeting LEED Platinum, China Green Building 3 Star, WELL, and CABEE ultra-low energy building certifications. Sustainable construction elements include integrated photovoltaic panels across the podium and a high-performance glass exterior wall system- designed to reduce heating and cooling loads across the full height of the building.

ConstructConnect has launched Takeoff Boost, an AI-powered takeoff service built natively on Google Cloud, announced April 22 at Cloud Next '26 in Las Vegas.

The tool uses computer vision to automatically classify, detect, count, and measure areas, lines, and objects directly from digital plan sets, turning complex drawings into bid-ready measurements in seconds.

The platform runs on Google Cloud's Gemini Enterprise Agent Platform and Cloud Run with NVIDIA GPUs, enabling high-throughput processing at low latency. Google Cloud Storage handles large plan sets with enterprise-grade security, allowing ConstructConnect to scale usage across teams without requiring changes to existing workflows.

Estimating teams can reduce manual takeoff work, increase bid confidence through consistent outputs, and redirect their focus toward scope analysis, risk assessment, and bid strategy.

Takeoff Boost is currently available through ConstructConnect's OnScreen Takeoff product, with PlanSwift integration coming soon.