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
Market Data | Jan 27, 2022
Dallas leads as the top market by project count in the U.S. hotel construction pipeline at year-end 2021
The market with the greatest number of projects already in the ground, at the end of the fourth quarter, is New York with 90 projects/14,513 rooms.
Market Data | Jan 26, 2022
2022 construction forecast: Healthcare, retail, industrial sectors to lead ‘healthy rebound’ for nonresidential construction
A panel of construction industry economists forecasts 5.4 percent growth for the nonresidential building sector in 2022, and a 6.1 percent bump in 2023.
Market Data | Jan 24, 2022
U.S. hotel construction pipeline stands at 4,814 projects/581,953 rooms at year-end 2021
Projects scheduled to start construction in the next 12 months stand at 1,821 projects/210,890 rooms at the end of the fourth quarter.
Market Data | Jan 19, 2022
Architecture firms end 2021 on a strong note
December’s Architectural Billings Index (ABI) score of 52.0 was an increase from 51.0 in November.
Market Data | Jan 13, 2022
Materials prices soar 20% in 2021 despite moderating in December
Most contractors in association survey list costs as top concern in 2022.
Market Data | Jan 12, 2022
Construction firms forsee growing demand for most types of projects
Seventy-four percent of firms plan to hire in 2022 despite supply-chain and labor challenges.
Market Data | Jan 7, 2022
Construction adds 22,000 jobs in December
Jobless rate falls to 5% as ongoing nonresidential recovery offsets rare dip in residential total.
Market Data | Jan 6, 2022
Inflation tempers optimism about construction in North America
Rider Levett Bucknall’s latest report cites labor shortages and supply chain snags among causes for cost increases.
Market Data | Jan 6, 2022
A new survey offers a snapshot of New York’s construction market
Anchin’s poll of 20 AEC clients finds a “growing optimism,” but also multiple pressure points.
Market Data | Jan 3, 2022
Construction spending in November increases from October and year ago
Construction spending in November totaled $1.63 trillion at a seasonally adjusted annual rate.