flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

5 must reads for the AEC industry today: September 2, 2020

Market Data

5 must reads for the AEC industry today: September 2, 2020

Precast concrete tower honors United AIrlines Flight 93 victims and public and private nonresidential construction spending slumps.


By BD+C Editors | September 2, 2020


1.Ā Precast concrete tower honors victims of United Airlines Flight 93 (BD+C)Ā 
"The 93-foot-tall precast tower comprises 40 custom-made aluminum wind chimes, with each chime producing a distinct musical note. Together, these chimes create a set of ā€œ40 voicesā€ to memorialize the 40 passengers and crew who lost their lives when the flight was hijacked by terrorists."

2.Ā University of North Carolina Charlotte Academic Complex completes (BD+C)Ā 
"Upgrades began in 2015 and included improvements to the mechanical, electrical, and plumbing, the installation of a fire protection system, improvement to accessibility, the addition of interior finishes and exterior windows, and addressed minor building settlement."

3.Ā Public and private nonresidential construction spending slumps in July (AGC)Ā 
"Construction spending in July totaled $1.36 trillion at a seasonally adjusted annual rate, a gain of 0.1% from June. A 1.2% drop in nonresidential spending nearly canceled out a 2.1% jump in residential spending, which was boosted by growth in both single-family (3.1%) and multifamily construction (4.9%)."

4.Ā California unveils coronavirus testing plan that could speed school, business reopening (San Francisco Chronicle)
"California has entered into an agreement worth up to $1.7 billion with a company that could process tens of thousands of coronavirus tests per day as soon as November, a step that could help the state return more quickly to normal life, Gov. Gavin Newsom said Wednesday."

5.Ā Real Estate Market Crash Unlikely, Experts Say (Commercial Property Executive)
"Economists are calling the pandemic-induced recession unique in several ways. Hereā€™s how analysts expect the health crisis to change the real estate market."

Ā 

Related Stories

Market Data | Jan 29, 2021

Multifamily housing construction outlook soars in late 2020

Exceeds pre-COVID levels, reaching highest mark since 1st quarter 2018.

Market Data | Jan 29, 2021

The U.S. hotel construction pipeline stands at 5,216 projects/650,222 rooms at year-end 2020

At the end of Q4 ā€˜20, projects currently under construction stand at 1,487 projects/199,700 rooms.

Multifamily Housing | Jan 27, 2021

2021 multifamily housing outlook: Dallas, Miami, D.C., will lead apartment completions

In its latest outlook report for the multifamily rental market, Yardi Matrix outlined several reasons for hope for a solid recovery for the multifamily housing sector in 2021, especially during the second half of the year.

Market Data | Jan 26, 2021

Construction employment in December trails pre-pandemic levels in 34 states

Texas and Vermont have worst February-December losses while Virginia and Alabama add the most.

Market Data | Jan 19, 2021

Architecture Billings continue to lose ground

The pace of decline during December accelerated from November.

Market Data | Jan 19, 2021

2021 construction forecast: Nonresidential building spending will drop 5.7%, bounce back in 2022

Healthcare and public safety are the only nonresidential construction sectors that will see growth in spending in 2021, according to AIA's 2021 Consensus Construction Forecast.

Market Data | Jan 13, 2021

Atlanta, Dallas seen asĀ most favorable U.S. markets for commercial development in 2021, CBRE analysis finds

U.S. construction activity is expected to bounce back in 2021, after a slowdown in 2020 due to challenges brought by COVID-19.

Market Data | Jan 13, 2021

Nonres construction could be in for a long recovery period

Rider Levett Bucknallā€™s latest cost report singles out unemployment and infrastructure spending as barometers.

Market Data | Jan 13, 2021

Contractor optimism improves as ABCā€™s Construction Backlog inches up in December

ABCā€™s Construction Confidence Index readings for sales, profit margins, and staffing levels increased in December.

Market Data | Jan 11, 2021

Turner Construction Company launches SourceBlue Brand

SourceBlue draws upon 20 years of supply chain management experience in the construction industry.

boombox1
boombox2
native1

More In Category


Contractors

Nonresidential construction spending decreased 0.2% in June

National nonresidential construction spending declined 0.2% in June, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.21 trillion. Nonresidential construction has expanded 5.3% from a year ago.



Construction Costs

Data center construction costs for 2024

Gordianā€™s data features more than 100 building models, includingĀ computer data centers. These localized models allow architects, engineers, and other preconstruction professionals to quickly and accurately create conceptual estimates for futureĀ builds. This table shows a five-year view of costs per square footĀ forĀ one-story computer data centers.Ā 

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

Ā