1. College programs help prepare students for careers in the construction industry (BD+C)
"For more than a decade, John Klein has been toggling between academia and the construction industry. His new company, Generate, traces its roots to Massachusetts Institute of Technology (MIT), where for more than six years Klein was a teacher and research investigator. Generate exemplifies how universities have been coming down from their ivory towers to nurture ideas that catalyze practical solutions for the built environment."
2. The U.S. Hotel Construction pipeline continued to expand year-over-year despite COVID-19 in the first quarter of 2020 (BD+C)
"Many open or temporarily closed hotels have already begun or are in the planning stages of renovating and repositioning their assets while occupancy is low or non-existent."
3. New York City tightens restrictions on construction during pandemic (BD+C)
"The department issued more than 100 violations and stop-work orders for noncompliance with the construction ban as of April 2. For the most part, though, compliance has been the rule. More than 99% of nonessential construction sites have shut down or are in the process of doing so, the department says."
4. FMI’s Outlook Preview & CIRT Current Issues Survey: Second Quarter 2020 (FMI)
"FMI’s Q2 forecast revisions will exhibit lower construction put in place spending levels. Extended economic disruptions are anticipated
due to ongoing regulation/work from home provisions, unemployment and troubles in the O&G industry. Across the U.S., the Northeast will experience the largest and broadest near-term construction declines, followed by economic pockets of the West and South."
5. A National Movement to Cancel the May Rent Takes Shape (CityLab)
"A campaign dubbed Our Homes, Our Health is pressuring lawmakers to suspend rent and mortgage payments nationwide during the coronavirus crisis."
Related Stories
Market Data | Sep 4, 2020
6 must reads for the AEC industry today: September 4, 2020
10 Design to redevelop Nanjing AIrport and TUrner Construction takes a stand against racism.
Market Data | Sep 4, 2020
Construction sector adds 16,000 workers in August but nonresidential jobs shrink
Association survey finds contractor pessimism is increasing.
Market Data | Sep 3, 2020
6 must reads for the AEC industry today: September 3, 2020
New affordable housing comes to the Bronx and California releases guide for state water policy.
Market Data | Sep 2, 2020
Coronavirus has caused significant construction project delays and cancellations
Yet demand for skilled labor is high, new survey finds.
Market Data | Sep 2, 2020
5 must reads for the AEC industry today: September 2, 2020
Precast concrete tower honors United AIrlines Flight 93 victims and public and private nonresidential construction spending slumps.
Market Data | Sep 2, 2020
Public and private nonresidential construction spending slumps in July
Industry employment declines from July 2019 in two-thirds of metros.
Market Data | Aug 31, 2020
5 must reads for the AEC industry today: August 31, 2020
The world's first LEED Platinum integrated campus and reopening campus performance arts centers.
Market Data | Aug 21, 2020
5 must reads for the AEC industry today: August 21, 2020
Student housing in the COVID-19 era and wariness of elevators may stymie office reopening.
Market Data | Aug 20, 2020
6 must reads for the AEC industry today: August 20, 2020
Japan takes on the public restroom and a look at the evolution of retail.
Market Data | Aug 19, 2020
6 must reads for the AEC industry today: August 19, 2020
July architectural billings remained stalled and Florida becomes third state to adopt concrete repair code.