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 | Dec 5, 2018
ABC predicts construction sector will remain strong in 2019
Job growth, high backlog and healthy infrastructure investment all spell good news for the industry.
Market Data | Dec 4, 2018
Nonresidential spending rises modestly in October
Thirteen out of 16 subsectors are associated with year-over-year increases.
Market Data | Nov 20, 2018
Construction employment rises from October 2017 to October 2018 in 44 states and D.C.
Texas has biggest annual job increase while New Jersey continues losses; Iowa, Florida and California have largest one-month gains as Mississippi and Louisiana trail.
Market Data | Nov 15, 2018
Architecture firm billings continue to slow, but remain positive in October
Southern region reports decline in billings for the first time since June 2012.
Market Data | Nov 14, 2018
A new Joint Center report finds aging Americans less prepared to afford housing
The study foresees a significant segment of seniors struggling to buy or rent on their own or with other people.
Market Data | Nov 12, 2018
Leading hotel markets in the U.S. construction pipeline
Projects already under construction and those scheduled to start construction in the next 12 months, combined, have a total of 3,782 projects/213,798 rooms and are at cyclical highs.
Market Data | Nov 6, 2018
Unflagging national office market enjoys economic tailwinds
Stable vacancy helped push asking rents 4% higher in third quarter.
Market Data | Nov 2, 2018
Nonresidential spending retains momentum in September, up 8.9% year over year
Total nonresidential spending stood at $767.1 billion on a seasonally adjusted, annualized rate in September.
Market Data | Oct 30, 2018
Construction projects planned and ongoing by world’s megacities valued at $4.2trn
The report states that Dubai tops the list with total project values amounting to US$374.2bn.
Market Data | Oct 26, 2018
Nonresidential fixed investment returns to earth in Q3
Despite the broader economic growth, fixed investment inched 0.3% lower in the third quarter.
