1. CallisonRTKL to design one of the world’s first net-zero airports (BD+C)
"Guadalajara Airport Terminal 2 will be a 30 gate, 1.2 million-sf terminal that places the passenger experience at the center of the design. It will also be one of the first net-zero airports in the world."
2. California utility adopts climate emergency declaration (BD+C)
"The declaration includes a commitment to working toward an ambitious goal of delivering carbon-neutral electricity by 2030. “The declaration recognizes the immediate risks to our community and demands bold action to achieve results,” according to a SMUD news release."
3. For the fourth consecutive quarter, Los Angeles leads the U.S. hotel construction pipeline at the close of Q2’ 20 (Lodging Econometrics)
"New York City continues to have the greatest number of projects under construction, with 106 projects/18,354 rooms."
4. 'The robots are coming': Hotels adjust to new reality with some unusual tools (Bisnow)
"Having to adhere to new, enhanced, stricter health and cleaning standards, and adjusting to new consumer behaviors toward human-to-human interactions, hotel operators and hospitality experts say they expect to see an acceleration in demand for robots to clean and sanitize rooms and deliver food and drink."
5. Where are the top tech talent markets? (Commercial Property Executive)
"Three metros continue their dominance, while the entire sector looks to weather the effects of the COVID-19 pandemic."
6. U.S. Airlines Face the End of Business Travel as They Knew It (Bloomberg, via National Real Estate Investor)
"Half the respondents in a survey of Fortune 500 CEOs said trips at their companies would never return to what they were before Covid-19."
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Market Data | Feb 28, 2019
U.S. economic growth softens in final quarter of 2018
Year-over-year GDP growth was 3.1%, while average growth for 2018 was 2.9%.
Market Data | Feb 20, 2019
Strong start to 2019 for architecture billings
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Market Data | Feb 19, 2019
ABC Construction Backlog Indicator steady in Q4 2018
CBI reached a record high of 9.9 months in the second quarter of 2018 and averaged about 9.1 months throughout all four quarters of last year.
Market Data | Feb 14, 2019
U.S. Green Building Council announces top 10 countries and regions for LEED green building
The list ranks countries and regions in terms of cumulative LEED-certified gross square meters as of December 31, 2018.
Market Data | Feb 13, 2019
Increasingly tech-enabled construction industry powers forward despite volatility
Construction industry momentum to carry through first half of 2019.
Market Data | Feb 4, 2019
U.S. Green Building Council announces annual Top 10 States for LEED Green Building in 2018
Illinois takes the top spot as USGBC defines the next generation of green building with LEED v4.1.
Market Data | Feb 4, 2019
Nonresidential construction spending dips in November
Total nonresidential spending stood at $751.5 billion on a seasonally adjusted annualized rate.
Market Data | Feb 1, 2019
The year-end U.S. hotel construction pipeline continues steady growth trend
Project counts in the early planning stage continue to rise reaching an all-time high of 1,723 projects/199,326 rooms.
Market Data | Feb 1, 2019
Construction spending is projected to increase by more than 11% through 2022
FMI’s annual outlook also expects the industry’s frantic M&A activity to be leavened by caution going forward.
