flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

5 must reads for the AEC industry today: May 28, 2020

Market Data

5 must reads for the AEC industry today: May 28, 2020

Biophilic design on the High Line and the office market could be a COVID-19 casualty.


By BD+C Editors | May 27, 2020


1. 512 West 22nd Street: Biophilic design on the High Line (BD+C) 
"Located on the High Line at a spot known as the Chelsea Thicket, 512 West 22nd Street is a new office building inspired by its proximity to the park’s public space and its location with connection to and views of the Hudson River." 

2. Clean is the new Green as U.S. hospitality sector inches closer to reopening (BD+C) 
"Tens of thousands of restaurants and hotel rooms in the U.S. have been vacant as a result of the novel coronavirus. The U.S. Bureau of Labor Statistics estimates that the leisure and hospitality sector lost 7.7 million jobs in April alone, with restaurants taking most of that hit, and the sector’s unemployment rate soared to 39%."

3. Office market could be COVID-19 casualty (BD+C) 
"As companies get used to work at home, post-pandemic office market could collapse."

4. Multifamily developers report mounting delays in permitting and starts due to coronavirus pandemic (NMHC) 
"The good news is that labor availability is on the rise, possibly due to better benefits and incentives." 

5. Boeing and Airbus Study How Coronavirus Behaves During Air Travel (WSJ)
"Industry is working to curb pandemic risks that have brought air traffic to a near standstill."

 

Related Stories

Industry Research | Jan 30, 2018

AIA’s Kermit Baker: Five signs of an impending upturn in construction spending

Tax reform implications and rebuilding from natural disasters are among the reasons AIA’s Chief Economist is optimistic for 2018 and 2019.

Market Data | Jan 30, 2018

AIA Consensus Forecast: 4.0% growth for nonresidential construction spending in 2018

The commercial office and retail sectors will lead the way in 2018, with a strong bounce back for education and healthcare.

Market Data | Jan 29, 2018

Year-end data show economy expanded in 2017; Fixed investment surged in fourth quarter

The economy expanded at an annual rate of 2.6% during the fourth quarter of 2017.

Market Data | Jan 25, 2018

Renters are the majority in 42 U.S. cities

Over the past 10 years, the number of renters has increased by 23 million.

Market Data | Jan 24, 2018

HomeUnion names the most and least affordable rental housing markets

Chicago tops the list as the most affordable U.S. metro, while Oakland, Calif., is the most expensive rental market.

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.

boombox1
boombox2
native1

More In Category




Giants 400

Top 100 Architecture Engineering Firms for 2024

Stantec, HDR, Page, HOK, and Arcadis North America top Building Design+Construction's ranking of the nation's largest architecture engineering (AE) firms for nonresidential building and multifamily housing work, as reported in BD+C's 2024 Giants 400 Report.

halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021