1. Two eight-story residential towers and a dining commons complete on Cal Poly Pomona’s campus (BD+C)
"In an attempt to eliminate its reputation as a commuter school, California State Polytechnic University, Pomona (Cal Poly Pomona) has recently completed construction of two new eight-story residential towers and a dining commons."
2. New LEED guidance from USGBC helps cities and communities expand resilience efforts in response to the COVID-19 pandemic (USGBC)
"Between the increasing risks associated with climate change and the current public health crisis, the new LEED credits provide additional ways to integrate public health and social equity into sustainability and resilience efforts."
3. North Carolina will stop relying on FEMA flood mapping (BD+C)
"Instead, the state will strive to compile its own data. Officials say FEMA maps have not been updated quickly enough based on recent experience. As proof, they say that more than 77% of homes damaged by Hurricane Matthew in 2016 were not located in federally designated flood zones."
4. Company buying Gold’s Gym out of bankruptcy has business model to reshape entire U.S. gym industry (Bisnow)
"One of the nation's largest gym brands, Gold's Gym, is about to be acquired out of bankruptcy by German company RSG Group GmbH. RSG is an omnichannel brand, known for its digital workout offerings as much as its footprint of gyms across Europe."
5. U.S. homebuilder optimism continues recovery as buyers return (Bloomberg via National Real Estate Investor)
"The housing market continued to attract buyers looking for more space and attracted by low interest rates."
Related Stories
Market Data | Jun 19, 2019
Number of U.S. architects continues to rise
New data from NCARB reveals that the number of architects continues to increase.
Market Data | Jun 12, 2019
Construction input prices see slight increase in May
Among the 11 subcategories, six saw prices fall last month, with the largest decreases in natural gas.
Market Data | Jun 3, 2019
Nonresidential construction spending up 6.4% year over year in April
Among the 16 sectors tracked by the U.S. Census Bureau, nine experienced an increase in monthly spending, led by water supply and highway and street.
Market Data | Jun 3, 2019
4.1% annual growth in office asking rents above five-year compound annual growth rate
Market has experienced no change in office vacancy rates in three quarters.
Market Data | May 30, 2019
Construction employment increases in 250 out of 358 metros from April 2018 to April 2019
Demand for work is outpacing the supply of workers.
Market Data | May 24, 2019
Construction contractors confidence remains high in March
More than 70% of contractors expect to increase staffing levels over the next six months.
Market Data | May 22, 2019
Slight rebound for architecture billings in April
AIA’s ABI score for April showed a small increase in design services at 50.5 in April.
Market Data | May 9, 2019
The U.S. hotel construction pipeline continues to grow in the first quarter as the economy shows surprising strength
Projects currently under construction stand at 1,709 projects/227,924 rooms.
Market Data | May 9, 2019
Construction input prices continue to rise
Nonresidential input prices rose 0.9% compared to March and are up 2.8% on an annual basis.
Market Data | May 7, 2019
Construction costs in major metros continued to climb last year
Latest Rider Levett Bucknall report estimates rise at more than double the rate of 2018 Growth Domestic Product.
