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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.Ā Ryan Companies breaks ground on 122-acre Highland Bridge redevelopment in St. Paul, Minn. (BD+C)Ā 
"This $1.3 billion projectā€”whose funding includes $320 million in public and private investments for parks, infrastructure, affordable housing, and tax-increment financingā€”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.Ā Never waste a crisis (BD+C)Ā 
"Count Fred Bland among the AEC executives who were blown away by how efficiently their associates performed from home during the pandemic lockdown. ā€œIt was a great surprise to me that, remotely, weā€™ve been able to serve our clients well,ā€ says Bland, FAIA, AICP, Managing Partner with Beyer Blinder Belle. He attributed that success to a combination of technology and esprit de corps."

3.Ā A Florida company is helping developers optimize their buildingsā€™ parking amenities (BD+C)
"RPS, which built the first autonomous garage in the United States in Hoboken, N.J., in 2001 (a garage thatā€™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.Ā Will luxury condos sell in a pandemic? SF High-rise is the marketā€™s first big test (San Francisco Chronicle via National Real Estate Investor)
ā€œDespite the difficulties of selling luxury condos in a downtown neighborhood mostly bereft of workers and festooned with boarded-up stores and restaurants, San Franciscoā€™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.ā€

5.Ā 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.Ā ā€˜I canā€™t keep doing this:ā€™ Small business owners are giving up (New York Times via National Real Estate Investor)Ā Ā 
ā€œMore owners are permanently shutting their doors after new lockdown orders, realizing that there may be no end in sight to the crisis.ā€

Ā 

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