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 | Dec 19, 2018

Run of positive billings continues at architecture firms

November marked the fourteenth consecutive month of increasing demand for architectural firm services.

Market Data | Dec 5, 2018

ABC predicts construction sector will remain strong in 2019

Job growth, high backlog and healthy infrastructure investment all spell good news for the industry.

Market Data | Dec 4, 2018

Nonresidential spending rises modestly in October

Thirteen out of 16 subsectors are associated with year-over-year increases.

Market Data | Nov 20, 2018

Construction employment rises from October 2017 to October 2018 in 44 states and D.C.

Texas has biggest annual job increase while New Jersey continues losses; Iowa, Florida and California have largest one-month gains as Mississippi and Louisiana trail.

Market Data | Nov 15, 2018

Architecture firm billings continue to slow, but remain positive in October

Southern region reports decline in billings for the first time since June 2012.

Market Data | Nov 14, 2018

A new Joint Center report finds aging Americans less prepared to afford housing

The study foresees a significant segment of seniors struggling to buy or rent on their own or with other people.

Market Data | Nov 12, 2018

Leading hotel markets in the U.S. construction pipeline

Projects already under construction and those scheduled to start construction in the next 12 months, combined, have a total of 3,782 projects/213,798 rooms and are at cyclical highs.

Market Data | Nov 6, 2018

Unflagging national office market enjoys economic tailwinds

Stable vacancy helped push asking rents 4% higher in third quarter.

Market Data | Nov 2, 2018

Nonresidential spending retains momentum in September, up 8.9% year over year

Total nonresidential spending stood at $767.1 billion on a seasonally adjusted, annualized rate in September.

Market Data | Oct 30, 2018

Construction projects planned and ongoing by world’s megacities valued at $4.2trn

The report states that Dubai tops the list with total project values amounting to US$374.2bn.

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