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 | Feb 27, 2018

AIA small firm report: Half of employees have ownership stake in their firm

The American Institute of Architects has released its first-ever Small Firm Compensation Report.

Market Data | Feb 21, 2018

Strong start for architecture billings in 2018

The American Institute of Architects reported the January 2018 ABI score was 54.7, up from a score of 52.8 in the previous month. 

Multifamily Housing | Feb 15, 2018

United States ranks fourth for renter growth

Renters are on the rise in 21 of the 30 countries examined in RentCafé’s recent study.

Market Data | Feb 1, 2018

Nonresidential construction spending expanded 0.8% in December, brighter days ahead

“The tax cut will further bolster liquidity and confidence, which will ultimately translate into more construction starts and spending,” said ABC Chief Economist Anirban Basu. 

Green | Jan 31, 2018

U.S. Green Building Council releases annual top 10 states for LEED green building per capita

Massachusetts tops the list for the second year; New York, Hawaii and Illinois showcase leadership in geographically diverse locations.

Industry Research | Jan 30, 2018

AIA’s Kermit Baker: Five signs of an impending upturn in construction spending

Tax reform implications and rebuilding from natural disasters are among the reasons AIA’s Chief Economist is optimistic for 2018 and 2019.

Market Data | Jan 30, 2018

AIA Consensus Forecast: 4.0% growth for nonresidential construction spending in 2018

The commercial office and retail sectors will lead the way in 2018, with a strong bounce back for education and healthcare.

Market Data | Jan 29, 2018

Year-end data show economy expanded in 2017; Fixed investment surged in fourth quarter

The economy expanded at an annual rate of 2.6% during the fourth quarter of 2017.

Market Data | Jan 25, 2018

Renters are the majority in 42 U.S. cities

Over the past 10 years, the number of renters has increased by 23 million.

Market Data | Jan 24, 2018

HomeUnion names the most and least affordable rental housing markets

Chicago tops the list as the most affordable U.S. metro, while Oakland, Calif., is the most expensive rental market.

boombox1
boombox2
native1

More In Category


Contractors

Nonresidential construction spending decreased 0.2% in June

National nonresidential construction spending declined 0.2% in June, 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 $1.21 trillion. Nonresidential construction has expanded 5.3% from a year ago.



Construction Costs

Data center construction costs for 2024

Gordian’s data features more than 100 building models, including computer data centers. These localized models allow architects, engineers, and other preconstruction professionals to quickly and accurately create conceptual estimates for future builds. This table shows a five-year view of costs per square foot for one-story computer data centers. 

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