1. Former jail to be reimagined and integrated into Dallas’s Harold Simmons Park (BD+C)
"The Trinity Park Conservancy has selected Weiss/Manfredi to reimagine the former Jesse R. Dawson State Jail at 106 W Commerce Street. Malone Maxwell Dennehy Architects will serve as the local architect."
2. Student housing in the COVID-19 era (Ghafari)
"Recent data about the spread of COVID-19 identifies face-to-face interactions (and respiratory droplet transfer) as the primary means of transmission. This same research shows that the virus does not live long on common surfaces. This leaves student housing professionals and designers to focus on reducing face-to-face interactions and droplet transfer while preserving the residence hall’s vital role in recruitment, social engagement, campus community, and ultimately, student success."
3. Wariness of elevators may stymie office reopening (BD+C)
"That could result in hundreds of billions of dollars’ worth of office real estate continuing to go largely unoccupied. Cities and employers have taken steps to reduce risk, but they may not be enough."
4. Pandemic puts developers under the gun to lease new office towers (Bisnow)
"The coronavirus pandemic has complicated leasing efforts for office buildings that are trying to open for tenants this year. Those projects have lenders who expect their borrowers to fill up their towers within a certain amount of time, achieving a value greater than the cost to develop them."
5. Empty apartments in Manhattan reach record high, topping 13,000 (CNBC)
"The number of apartments for rent, or listing inventory, more than doubled over last year and set a record for the 14 years since data started being collected, according to a report from Douglas Elliman and Miller Samuel."
Related Stories
Market Data | Jan 12, 2018
Construction input prices inch down in December, Up YOY despite low inflation
Energy prices have been more volatile lately.
Market Data | Jan 4, 2018
Nonresidential construction spending ticks higher in November, down year-over-year
Despite the month-over-month expansion, nonresidential spending fell 1.3 percent from November 2016.
Contractors | Jan 4, 2018
Construction spending in a ‘mature’ period of incremental growth
Labor shortages are spiking wages. Materials costs are rising, too.
Market Data | Dec 20, 2017
Architecture billings upturn shows broad strength
The American Institute of Architects (AIA) reported the November ABI score was 55.0, up from a score of 51.7 in the previous month.
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.
