1. New Sydney towers will have the world’s first AI-driven facade system (BD+C)
"The project will comprise approximately 1.6 million sf of office and retail space and be one of the most sustainable commercial developments in Australia, powered by 100% renewable energy, with workplace environments that integrate nature and a range of amenities."
2. LA’s Greek Theater restoration completes (BD+C)
"The renovation project for the 90-year-old theatre began in 2015 after the Greek Revival-inspired architecture began to lose its historic luster."
3. Covid-19 and campus life: Where do we go from here? (LS3P)
"Functioning as towns and cities within greater communities, higher education institutions uniquely provide comprehensive services to students, faculty, and staff as well as local municipalities including academic, research, workplace, residential, wellness, healthcare, food service, transportation, and entertainment facilities and services."
4. ASCE seeks comments on seismic standard (BD+C)
"ASCE’s second public comment period on the update to ASCE/SEI 43-XX Seismic Design Criteria for Structures, Systems, and Components in Nuclear Facilities will be held from August 7, 2020 to September 21, 2020. Changes to the standard were made by a committee after the first public comment period."
5. Universities face half-empty student housing as fall semester approaches (Bisnow)
"Fall is approaching, and universities around the country are mobilizing their resources to manage the return of students to campus during an active pandemic. Many will not return full time, opting instead for a hybrid of in-person and online learning."
6. Busted retailers use bankruptcy to break leases by the thousands (Bloomberg via National Real Estate Investor)
"Chains from J. Crew to Ann Taylor are using bankruptcy filings to avoid protracted negotiations with individual landlords."
Related Stories
Market Data | Jan 8, 2021
Construction sector adds 51,000 jobs in December
Gains are likely temporary as new industry survey finds widespread pessimism for 2021.
Market Data | Jan 7, 2021
Few construction firms will add workers in 2021 as industry struggles with declining demand, growing number of project delays and cancellations
New industry outlook finds most contractors expect demand for many categories of construction to decline.
Market Data | Jan 5, 2021
Barely one-third of metros add construction jobs in latest 12 months
Dwindling list of project starts forces contractors to lay off workers.
Market Data | Jan 4, 2021
Nonresidential construction spending shrinks further in November
Many commercial projects languish, even while homebuilding soars.
Market Data | Dec 29, 2020
Multifamily transactions drop sharply in 2020, according to special report from Yardi Matrix
Sales completions at end of Q3 were down over 41 percent from the same period a year ago.
Market Data | Dec 28, 2020
New coronavirus recovery measure will provide some needed relief for contractors coping with project cancellations, falling demand
Measure’s modest amount of funding for infrastructure projects and clarification that PPP loans may not be taxed will help offset some of the challenges facing the construction industry.
Market Data | Dec 28, 2020
Construction employment trails pre-pandemic levels in 35 states despite gains in industry jobs from October to November in 31 states
New York and Vermont record worst February-November losses, Virginia has largest pickup.
Market Data | Dec 16, 2020
Architecture billings lose ground in November
The pace of decline during November accelerated from October, posting an Architecture Billings Index (ABI) score of 46.3 from 47.5.
AEC Tech | Dec 8, 2020
COVID-19 affects the industry’s adoption of ConTech in different ways
A new JLL report assesses which tech options got a pandemic “boost.”
Market Data | Dec 7, 2020
Construction sector adds 27,000 jobs in November
Project cancellations, looming PPP tax bill will undercut future job gains.