1. IoT system helps contractors keep their distance on the jobsite (BD+C)
"Many contractors are asking themselves how social distancing can be executed practically on jobsites so their workers can operate safely. As expected, products are starting to emerge that address these concerns."
2. Multifamily market flattens as construction proposal activity sinks (The Jagg Group)
"Multifamily has consistently been one of the strongest performers among 58 submarkets measured in PSMJ Resources’ quarterly survey."
3. Is there a way to test for Covid-19 without PPE? (Shepley Bulfinch)
"We reimagined a premanufactured inflatable structure, shaped like a bubble and intended for pool covering, as a testing booth. The “Bubble” consists of fiber-reinforced vinyl, which acts as a protective layer, fully separating healthcare workers who are inside the structure administering the tests, from those being tested, who stand outside," writes Luke Voiland, AIA.
4. U.S. strip mall owners paid less than half of April rent (Financial Times via National Real Estate Investor)
“Commercial property researchers at Green Street Advisors told clients this weekend that strip mall landlords have been paid only between 30 percent and 50 percent of April rent, highlighting the scale of the disruption to real estate caused by the coronavirus shutdown."
5. Federal Reserve Announces New Lending Programs (AGC)
"On April 9, the Federal Reserve announced additional actions that include a new mid-sized lending program coming out of the Economic Stabilization Fund, as provided for in the CARES Act. The Fed created two new lending programs for businesses – the Main Street New Loan Facility and the Main Street Expanded Loan Facility."
Related Stories
Market Data | Mar 8, 2021
Construction employment declines by 61,000 in February
Association officials urge congress and Biden administration to focus on new infrastructure funding.
Market Data | Mar 2, 2021
Construction spending rises in January as private nonresidential sector stages rare gain
Private nonresidential market shrinks 10% since January 2020 with declines in all 11 segments.
Market Data | Feb 24, 2021
2021 won’t be a growth year for construction spending, says latest JLL forecast
Predicts second-half improvement toward normalization next year.
Market Data | Feb 23, 2021
Architectural billings continue to contract in 2021
AIA’s Architecture Billings Index (ABI) score for January was 44.9 compared to 42.3 in December.
Healthcare Facilities | Feb 18, 2021
The Weekly show, Feb 18, 2021: What patients want from healthcare facilities, and Post-COVID retail trends
This week on The Weekly show, BD+C editors speak with AEC industry leaders from JLL and Landini Associates about what patients want from healthcare facilities, based on JLL's recent survey of 4,015 patients, and making online sales work for a retail sector recovery.
Market Data | Feb 17, 2021
Soaring prices and delivery delays for lumber and steel squeeze finances for construction firms already hit by pandemic
Association officials call for removing tariffs on key materials to provide immediate relief for hard-hit contractors and exploring ways to expand long-term capacity for steel, lumber and other materials,
Market Data | Feb 9, 2021
Construction Backlog and contractor optimism rise to start 2021, according to ABC member survey
Despite the monthly uptick, backlog is 0.9 months lower than in January 2020.
Market Data | Feb 9, 2021
USGBC top 10 states for LEED in 2020
The Top 10 States for LEED green building is based on gross square feet of certified space per person using 2010 U.S. Census data and includes commercial and institutional projects certified in 2020.
Market Data | Feb 8, 2021
Construction employment stalls in January with unemployment rate of 9.4%
New measures threaten to undermine recovery.
Market Data | Feb 4, 2021
Construction employment declined in 2020 in majority of metro areas
Houston-The Woodlands-Sugar Land and Brockton-Bridgewater-Easton, Mass. have worst 2020 losses, while Indianapolis-Carmel-Anderson, Ind. and Walla Walla, Wash. register largest gains in industry jobs.