flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

6 must reads for the AEC industry today: July 20, 2020

Market Data

6 must reads for the AEC industry today: July 20, 2020

Never waste a crisis and robotic parking systems help developers optimize parking amenities.


By BD+C Editors | July 20, 2020


1. Ryan Companies breaks ground on 122-acre Highland Bridge redevelopment in St. Paul, Minn. (BD+C) 
"This $1.3 billion project—whose funding includes $320 million in public and private investments for parks, infrastructure, affordable housing, and tax-increment financing—has been a decade in the making. Bringing the master plan to life involved 45 public meetings that drew 1,300 attendees, and 80 presentations to business, civic, and nonprofit groups."

2. Never waste a crisis (BD+C) 
"Count Fred Bland among the AEC executives who were blown away by how efficiently their associates performed from home during the pandemic lockdown. “It was a great surprise to me that, remotely, we’ve been able to serve our clients well,” says Bland, FAIA, AICP, Managing Partner with Beyer Blinder Belle. He attributed that success to a combination of technology and esprit de corps."

3. A Florida company is helping developers optimize their buildings’ parking amenities (BD+C)
"RPS, which built the first autonomous garage in the United States in Hoboken, N.J., in 2001 (a garage that’s still operational to this day), has been focusing its attention in recent years on the Middle East. The company is preparing to release an online, AIA-approved education program that provides details for planning, installation, and operation of autonomous parking facilities.

4. Will luxury condos sell in a pandemic? SF High-rise is the market’s first big test (San Francisco Chronicle via National Real Estate Investor)
“Despite the difficulties of selling luxury condos in a downtown neighborhood mostly bereft of workers and festooned with boarded-up stores and restaurants, San Francisco’s condo market is performing far better than its rental housing market, as families put a premium on quality living spaces during shelter-in-place.”

5. The hottest job in commercial real estate? Infectious disease expert (Fast Company via National Real Estate Investor)
"Even after the pandemic, the chief health officer could be a permanent fixture in real estate."

6. ‘I can’t keep doing this:’ Small business owners are giving up (New York Times via National Real Estate Investor)  
“More owners are permanently shutting their doors after new lockdown orders, realizing that there may be no end in sight to the crisis.”

 

Related Stories

Multifamily Housing | Feb 7, 2023

Multifamily housing rents flat in January, developers remain optimistic

Multifamily rents were flat in January 2023 as a strong jobs report indicated that fears of a significant economic recession may be overblown. U.S. asking rents averaged $1,701, unchanged from the prior month, according to the latest Yardi Matrix National Multifamily Report.

Market Data | Feb 6, 2023

Nonresidential construction spending dips 0.5% in December 2022

National nonresidential construction spending decreased by 0.5% in December, 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 $943.5 billion for the month.

Architects | Jan 23, 2023

PSMJ report: The fed’s wrecking ball is hitting the private construction sector

Inflation may be starting to show some signs of cooling, but the Fed isn’t backing down anytime soon and the impact is becoming more noticeable in the architecture, engineering, and construction (A/E/C) space. The overall A/E/C outlook continues a downward trend and this is driven largely by the freefall happening in key private-sector markets.

Hotel Facilities | Jan 23, 2023

U.S. hotel construction pipeline up 14% to close out 2022

At the end of 2022’s fourth quarter, the U.S. construction pipeline was up 14% by projects and 12% by rooms year-over-year, according to Lodging Econometrics.

Products and Materials | Jan 18, 2023

Is inflation easing? Construction input prices drop 2.7% in December 2022

Softwood lumber and steel mill products saw the biggest decline among building construction materials, according to the latest U.S. Bureau of Labor Statistics’ Producer Price Index. 

Market Data | Jan 10, 2023

Construction backlogs at highest level since Q2 2019, says ABC

Associated Builders and Contractors reports today that its Construction Backlog Indicator remained unchanged at 9.2 months in December 2022, according to an ABC member survey conducted Dec. 20, 2022, to Jan. 5, 2023. The reading is one month higher than in December 2021. 

Market Data | Jan 6, 2023

Nonresidential construction spending rises in November 2022

Spending on nonresidential construction work in the U.S. was up 0.9% in November versus the previous month, and 11.8% versus the previous year, according to the U.S. Census Bureau.

Industry Research | Dec 28, 2022

Following a strong year, design and construction firms view 2023 cautiously

The economy and inflation are the biggest concerns for U.S. architecture, construction, and engineering firms in 2023, according to a recent survey of AEC professionals by the editors of Building Design+Construction.

Self-Storage Facilities | Dec 16, 2022

Self-storage development booms in high multifamily construction areas

A 2022 RentCafe analysis finds that self-storage units swelled in conjunction with metros’ growth in apartment complexes.

Market Data | Dec 13, 2022

Contractors' backlog of work reaches three-year high

U.S. construction firms have, on average, 9.2 months of work in the pipeline, according to ABC's latest Construction Backlog Indicator. 

boombox1
boombox2
native1

More In Category




Giants 400

Top 100 Architecture Engineering Firms for 2024

Stantec, HDR, Page, HOK, and Arcadis North America top Building Design+Construction's ranking of the nation's largest architecture engineering (AE) firms for nonresidential building and multifamily housing work, as reported in BD+C's 2024 Giants 400 Report.

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