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. Precast concrete tower honors victims of United Airlines Flight 93 (BD+C) 
"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 “40 voices” to memorialize the 40 passengers and crew who lost their lives when the flight was hijacked by terrorists."

2. University of North Carolina Charlotte Academic Complex completes (BD+C) 
"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. Public and private nonresidential construction spending slumps in July (AGC) 
"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. 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. Real Estate Market Crash Unlikely, Experts Say (Commercial Property Executive)
"Economists are calling the pandemic-induced recession unique in several ways. Here’s how analysts expect the health crisis to change the real estate market."

 

Related Stories

Market Data | Jul 16, 2019

ABC’s Construction Backlog Indicator increases modestly in May

The Construction Backlog Indicator expanded to 8.9 months in May 2019.

K-12 Schools | Jul 15, 2019

Summer assignments: 2019 K-12 school construction costs

Using RSMeans data from Gordian, here are the most recent costs per square foot for K-12 school buildings in 10 cities across the U.S.

Market Data | Jul 12, 2019

Construction input prices plummet in June

This is the first time in nearly three years that input prices have fallen on a year-over-year basis.

Market Data | Jul 1, 2019

Nonresidential construction spending slips modestly in May

Among the 16 nonresidential construction spending categories tracked by the Census Bureau, five experienced increases in monthly spending.

Market Data | Jul 1, 2019

Almost 60% of the U.S. construction project pipeline value is concentrated in 10 major states

With a total of 1,302 projects worth $524.6 billion, California has both the largest number and value of projects in the U.S. construction project pipeline.

Market Data | Jun 21, 2019

Architecture billings remain flat

AIA’s Architecture Billings Index (ABI) score for May showed a small increase in design services at 50.2.

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.

boombox1
boombox2
native1

More In Category

Healthcare Facilities

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.




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