flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

6 must reads for the AEC industry today: August 3, 2020

Market Data

6 must reads for the AEC industry today: August 3, 2020

The future is a number game for retail and restaurants and 5 reasons universities are renovating student housing.


By BD+C Editors | August 3, 2020


1. The future is a numbers game for retail and restaurants (BD+C) 
"Brick-and-mortar retailers, already gasping for air under pressure from ecommerce, were dealt a critical blow by the spread of the coronavirus that forced most stores and restaurants to close, or at best operate as carryout- or delivery-only providers."

2. Marriott, Hilton, and IHG continue to dominate the U.S. hotel construction pipeline at Q2’20 close (Lodging Econometrics) 
"Hilton’s Home2 Suites and IHG’s Holiday Inn Express continue to be the most prominent brands in the U.S. pipeline."

3. 5 reasons universities are renovating student housing (Clark Nexsen) 
"Much of the student housing in need of renovation today was built for the “boomer” generation of the 1950s and 1960s. Facility design for this generation was more pragmatic than anything, with a large portion of new buildings constructed simply to accommodate the large influx of students."

4. Can covid spread with air conditioning? HVAC makers plan upgrades (Bloomberg, via National Real Estate Investor)
"Many of the methods to reduce pathogens have been around for years, such as UV light and bipolar ionization."

5. Unlocking the Value of College Real Estate (Inside Higher Ed)
"While the pandemic has created significant financial challenges for many higher education institutions, the campus itself may be the solution."

6. Why mall landlords are turning empty anchors into fulfillment centers (National Real Estate Investor)
"Washington Prime Group is among the landlords who are filling anchor vacancies with fulfillment operations."

 

Related Stories

MFPRO+ Research | Aug 9, 2024

Apartment completions to surpass 500,000 for first time ever

While the U.S. continues to maintain a steady pace of delivering new apartments, this year will be one for the record books.

Contractors | Aug 1, 2024

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.

Office Buildings | Jul 22, 2024

U.S. commercial foreclosures increased 48% in June from last year

The commercial building sector continues to be under financial pressure as foreclosures nationwide increased 48% in June compared to June 2023, according to ATTOM, a real estate data analysis firm.

Construction Costs | Jul 18, 2024

Data center construction costs for 2024

Gordian’s data features more than 100 building models, including computer data centers. These localized models allow architects, engineers, and other preconstruction professionals to quickly and accurately create conceptual estimates for future builds. This table shows a five-year view of costs per square foot for one-story computer data centers. 

Healthcare Facilities | Jul 16, 2024

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.

Market Data | Jul 16, 2024

Construction spending expected to rise, despite labor and materials snags

In the first half of 2024, construction costs stabilized. And through the remainder of this year, total cost growth is projected to be modest, and matched by an overall increase in construction spending. That prediction can be found in JLL’s 2024 Midyear Construction Update and Reforecast. 

Healthcare Facilities | Jul 11, 2024

New download: BD+C's 2024 Healthcare Annual Report

Welcome to Building Design+Construction’s 2024 Healthcare Annual Report. This free 66-page special report is our first-ever “state of the state” update on the $65 billion healthcare construction sector.

Contractors | Jul 9, 2024

The average U.S. contractor has 8.4 months worth of construction work in the pipeline, as of June 2024

Associated Builders and Contractors reported today that its Construction Backlog Indicator increased to 8.4 months in June, according to an ABC member survey conducted June 20 to July 3. The reading is down 0.5 months from June 2023.

Office Buildings | Jul 8, 2024

Office vacancy peak of 22% to 28% forecasted for 2026

The work from home trend will continue to put pressure on the office real estate market, with peak vacancy of between 22% and 28% in 2026, according to a forecast by Moody’s.

Apartments | Jun 25, 2024

10 hardest places to find an apartment in 2024

The challenge of finding an available rental continues to increase for Americans nation-wide. On average, there are eight prospective tenants vying for the same vacant apartment.

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

Gordian’s data features more than 100 building models, including computer data centers. These localized models allow architects, engineers, and other preconstruction professionals to quickly and accurately create conceptual estimates for future builds. This table shows a five-year view of costs per square foot for one-story computer data centers. 

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