1. $92 million reconstruction of St. Petersburg Municipal Pier completes (BD+C)
"The $92 million reconstruction of the St. Petersburg Municipal Pier has completed. Dubbed the Pier District, the 26-acre project includes a park, a 1,400-foot pier, a beach, restaurants, shops, artwork, interactive experiences, and entertainment and education areas."
2. Senate Republicans' coronavirus relief measure includes provisions that will help hard-hit construction firms recover (AGC)
"The HEALS Act includes essential liability, workforce, financial & unemployment reforms, but association will work to get needed infrastructure investments included in final relief measure."
3. Updated Energy Plus and OpenStudio building energy modeling tools released (BD+C)
"The U.S. Department of Energy (DOE) and National Laboratories released updated versions of open-source, whole-building energy modeling tools: the EnergyPlus engine and the OpenStudio software development kit and graphical application."
4. Post-pandemic workplace design will not be the same for all (Sasaki)
"The shift to open office design was largely driven by a change in the way we work. Our economy shifted from repetitive, production-focused work to innovative, knowledge-based work, which required that cubicle walls come down. As knowledge-based work increased with the explosion of the internet and globalization, employee interaction came to be viewed as an imperative, rather than a distraction hindering productivity."
5. Booming E-commerce sales drive demand for industrial facilities (National Real Estate Investor)
"Industrial facilities are seeing rising rents and potential bidding wars as online sales drive demand for space to store merchandise."
6. Researchers closer to understanding the role of buildings in the pandemic (Bisnow)
"New research by the University of Oregon and the University of California-Davis points to HVAC systems as spreaders of the coronavirus, though the study is still preliminary."
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.