1. Apple Central World welcomes first visitors in Bangkok (BD+C)
"The building itself comprises an 80-foot diameter two-story glass drum that features a conical support with a concave vertical surface that stands on its apex. The central support is clad in timber formed of 1,461 European white oak profiles. The oak timber is split into individual lamellas and bonded onto a spruce core for stability."
2. Document provides guidance for mass timber construction (BD+C)
"The document provides an overview of requirements for mass timber construction as found in the 2015, 2018, and 2021 International Building Code (IBC)."
3. Only 37% of hotels have brought back half of their employees (Small Business Trends)
"Only 37% of hotels have brought back half of their employees according to a survey by the American Hotel & Lodging Association (AHLA). Furthermore, 9 in 10 hotels have been forced to either lay off or furlough their employees due to COVID-19."
4. How the pandemic hastened tech adoption in the multifamily space (Reality Times)
"In many important ways the multifamily real estate sector, in its zeal to provide its residents with the best possible amenities, anticipated the coronavirus pandemic. Such things as virtual tours, smart technology and online payments made social distancing possible before it became a necessity."
5. 7-Eleven to buy marathon petroleum’s Speedway stores for $21B (Globe St)
"In what is one of the biggest global acquisitions to be announced this year, Marathon Petroleum Corp. has agreed to sell its chain of Speedway convenience stores and gas stations to 7-Eleven for $21 billion in cash. The transaction is expected to close in the first quarter of 2021, subject to customary closing conditions and regulatory approvals."
Related Stories
Market Data | Dec 14, 2017
ABC chief economist predicts stable 2018 construction economy
There are risks to the 2018 outlook as a number of potential cost increases could come into play.
Market Data | Dec 13, 2017
Top world regions and markets in the global hotel construction pipeline
The top world region by project count is North America.
Market Data | Dec 11, 2017
Global hotel construction pipeline is growing
The Total Pipeline stands at 12,427 Projects/2,084,940 Rooms.
Market Data | Dec 11, 2017
Construction backlog surges, sets record in third quarter
CBI is a leading economic indicator that reflects the amount of construction work under contract, but not yet completed.
Market Data | Dec 7, 2017
Buoyed by healthy economy, ABC Index finds contractors upbeat
Despite rising construction labor and materials costs, 55% of contractors expect their profit margins to expand in the first half of 2018.
Market Data | Dec 5, 2017
Top health systems engaged in $21 billion of U.S. construction projects
Largest active projects are by Sutter Health, New York Presbyterian, and Scripps Health.
Industry Research | Nov 28, 2017
2018 outlook: Economists point to slowdown, AEC professionals say ‘no way’
Multifamily housing and senior living developments head the list of the hottest sectors heading into 2018, according a survey of 356 AEC professionals.
Market Data | Nov 27, 2017
Construction's contribution to U.S. economy highest in seven years
Thirty-seven states benefited from the rise in construction activity in their state, while 13 states experienced a reduction in activity.
Market Data | Nov 15, 2017
Architecture Billings bounce back
Business conditions remain uneven across regions.
Market Data | Nov 14, 2017
U.S. construction starts had three consecutive quarters of positive growth in 2017
ConstructConnect’s quarterly report shows the most significant annual growth in the civil engineering and residential sectors.