flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

6 must reads for the AEC industry today: July 22, 2020

Market Data

6 must reads for the AEC industry today: July 22, 2020

Phase one of Toronto's The Orbit detailed and architecture billings remains in negative territory.


By BD+C Editors | July 22, 2020


1. Phase one of The Orbit masterplan detailed for Innisfil, Ontario (BD+C) 
"The Orbit is Toronto-based architect Partisans’ vision for a next generation community. Located in the town of Innisfil in Ontario, The Orbit will create a cohesive center for Innisfil that will gravitate and grow around a new regional transit link and cultural center."

2. How design of senior living communities must change after COVID-19 (SmithGroup) 
"While the economic and operational impacts of the novel coronavirus on senior living communities are clear, the social-emotional impacts are perhaps even more critical and challenging to quantitatively measure."

3. Nonresidential building spending to decline through 2021 (AIA) 
"The commercial building sector is expected to be the hardest hit."

4. Architecture billings remain in negative territory, begin to stabilize (AIA) 
"Demand for design services from architecture firms began to stabilize in June, following their peak declines in April, according to a new report today from The American Institute of Architects (AIA)."

5. Why Suburbs, Secondary CRE Markets Will Benefit From the Next Recovery (Commercial Property Executive)
"According to reports by Cushman & Wakefield and Marcus & Millichap, COVID-19 is bolstering a preexisting shift in commercial real estate away from core markets."

6. 'We Were Way High': Reality Of Phased Office Comeback Falls Short Of Landlord Expectations (Bisnow)
"Office space has been open in Massachusetts since Phase 1 of the commonwealth's reopening plan went into effect on May 25, but office workers and their managers aren't rushing to return. That doesn't mean they never will, just that the uncertainty is still too strong."

 

Related Stories

Market Data | Aug 19, 2019

Multifamily market sustains positive cycle

Year-over-year growth tops 3% for 13th month. Will the economy stifle momentum?

Market Data | Aug 16, 2019

Students say unclean restrooms impact their perception of the school

The findings are part of Bradley Corporation’s Healthy Hand Washing Survey.

Market Data | Aug 12, 2019

Mid-year economic outlook for nonresidential construction: Expansion continues, but vulnerabilities pile up

Emerging weakness in business investment has been hinting at softening outlays.

Market Data | Aug 7, 2019

National office vacancy holds steady at 9.7% in slowing but disciplined market

Average asking rental rate posts 4.2% annual growth.

Market Data | Aug 1, 2019

Nonresidential construction spending slows in June, remains elevated

Among the 16 nonresidential construction spending categories tracked by the Census Bureau, seven experienced increases in monthly spending.

Market Data | Jul 31, 2019

For the second quarter of 2019, the U.S. hotel construction pipeline continued its year-over-year growth spurt

The growth spurt continued even as business investment declined for the first time since 2016.

Market Data | Jul 20, 2019

Construction costs continued to rise in second quarter

Labor availability is a big factor in that inflation, according to Rider Levett Bucknall report.

Market Data | Jul 18, 2019

Construction contractors remain confident as summer begins

Contractors were slightly less upbeat regarding profit margins and staffing levels compared to April.

Market Data | Jul 17, 2019

Design services demand stalled in June

Project inquiry gains hit a 10-year low.

boombox1
boombox2
native1

More In Category




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