1. Sydney will be home to the world’s tallest hybrid timber tower (BD+C)
"Designed by SHoP Architects in collaboration with BVN, the the 590-foot-tall building will become the tallest hybrid timber tower in the world, according to the architects."
2. Florida Gators’ $65 million baseball field completes (BD+C)
"The project features a 360-degree open concourse, a shade structure for fans, modern student-athlete and staff amenities, multiple seating and game experience options, high-definition video and sound, enhanced concession space, and prominent entry gates."
3. Funding opportunity for field validation of high-impact building technologies (BD+C)
"Dept. of Energy program targets dynamic interactions with electric grid.
4. Cuomo: N.Y. Malls Will Only Be Allowed To Open If They Install Virus-Blocking Air Filters (Bisnow)
"New York Gov. Andrew Cuomo provided an indication of how malls across the state may be able to reopen, saying this week there will be mandates on how air is filtered in the buildings."
5. This startup gives renters a financial stake in their apartments (Fast Company)
"The average young person will spend more than $200,000 on rent, without the benefits of owning property. Now, Rhove reimagines renters as stakeholders to help them build wealth."
Related Stories
Healthcare Facilities | Jul 16, 2024
Watch on-demand: Key Trends in the Healthcare Facilities Market for 2024-2025
Join the Building Design+Construction editorial team for this on-demand webinar on key trends, innovations, and opportunities in the $65 billion U.S. healthcare buildings market. A panel of healthcare design and construction experts present their latest projects, trends, innovations, opportunities, and data/research on key healthcare facilities sub-sectors. A 2024-2025 U.S. healthcare facilities market outlook is also presented.
Market Data | Jul 16, 2024
Construction spending expected to rise, despite labor and materials snags
In the first half of 2024, construction costs stabilized. And through the remainder of this year, total cost growth is projected to be modest, and matched by an overall increase in construction spending. That prediction can be found in JLL’s 2024 Midyear Construction Update and Reforecast.
Healthcare Facilities | Jul 11, 2024
New download: BD+C's 2024 Healthcare Annual Report
Welcome to Building Design+Construction’s 2024 Healthcare Annual Report. This free 66-page special report is our first-ever “state of the state” update on the $65 billion healthcare construction sector.
Contractors | Jul 9, 2024
The average U.S. contractor has 8.4 months worth of construction work in the pipeline, as of June 2024
Associated Builders and Contractors reported today that its Construction Backlog Indicator increased to 8.4 months in June, according to an ABC member survey conducted June 20 to July 3. The reading is down 0.5 months from June 2023.
Office Buildings | Jul 8, 2024
Office vacancy peak of 22% to 28% forecasted for 2026
The work from home trend will continue to put pressure on the office real estate market, with peak vacancy of between 22% and 28% in 2026, according to a forecast by Moody’s.
Apartments | Jun 25, 2024
10 hardest places to find an apartment in 2024
The challenge of finding an available rental continues to increase for Americans nation-wide. On average, there are eight prospective tenants vying for the same vacant apartment.
Contractors | Jun 12, 2024
The average U.S. contractor has 8.3 months worth of construction work in the pipeline, as of May 2024
Associated Builders and Contractors reported that its Construction Backlog Indicator fell to 8.3 months in May, according to an ABC member survey conducted May 20 to June 4. The reading is down 0.6 months from May 2023.
MFPRO+ News | Jun 11, 2024
Rents rise in multifamily housing for May 2024
Multifamily rents rose for the fourth month in a row, according to the May 2024 National Multifamily Report. Up 0.6% year-over-year, the average U.S. asking rent increased by $6 in May, up to $1,733.
Construction Costs | May 16, 2024
New download: BD+C's May 2024 Market Intelligence Report
Building Design+Construction's monthly Market Intelligence Report offers a snapshot of the health of the U.S. building construction industry, including the commercial, multifamily, institutional, and industrial building sectors. This report tracks the latest metrics related to construction spending, demand for design services, contractor backlogs, and material price trends.
Contractors | May 15, 2024
The average U.S. contractor has 8.4 months worth of construction work in the pipeline, as of April 2024
Associated Builders and Contractors reported that its Construction Backlog Indicator increased to 8.4 months in April, according to an ABC member survey conducted April 22 to May 6. The reading is down 0.5 months from April 2023, but expanded 0.2 months from the prior month.
