1. BIG designs The Plus, the world’s most sustainable furniture factory (BD+C)
"The nearly 70,000-sf open production facility will double as a public 300-acre park for hiking and camping."
2. North America’s construction output to fall by 6.5% in 2020, says GlobalData (GlobalData)
"Even though all construction activities have been allowed to continue in most parts of the US and Canada since the start of the COVID-19 pandemic, many projects in the bidding or final planning stages have been delayed or canceled."
3. Standards for reducing risk of COVID-19 in senior living communities (BD+C)
"AIA releases strategies and illustrations for the sector."
4. Construction businesses top one cohort of borrowers under Paycheck Protection Program (BD+C)
"The loans saved an estimated 17,500 construction jobs."
5. What will construction look like when COVID-19 ends? (Commercial Property Executive)
"Dramatic change is ahead for the construction industry. Here’s what owners, designers and other stakeholders need to know, says the veteran consultant and author Barry LePatner."
6. Virtual apartment showings will play vital role in leasing process even after pandemic ends (National Real Estate Investor)
"In-person tours still account for a far greater share of lease closings. But virtual tours help prospective renters narrow down their choices."
Related Stories
Market Data | Jan 19, 2021
2021 construction forecast: Nonresidential building spending will drop 5.7%, bounce back in 2022
Healthcare and public safety are the only nonresidential construction sectors that will see growth in spending in 2021, according to AIA's 2021 Consensus Construction Forecast.
Market Data | Jan 13, 2021
Atlanta, Dallas seen as most favorable U.S. markets for commercial development in 2021, CBRE analysis finds
U.S. construction activity is expected to bounce back in 2021, after a slowdown in 2020 due to challenges brought by COVID-19.
Market Data | Jan 13, 2021
Nonres construction could be in for a long recovery period
Rider Levett Bucknall’s latest cost report singles out unemployment and infrastructure spending as barometers.
Market Data | Jan 13, 2021
Contractor optimism improves as ABC’s Construction Backlog inches up in December
ABC’s Construction Confidence Index readings for sales, profit margins, and staffing levels increased in December.
Market Data | Jan 11, 2021
Turner Construction Company launches SourceBlue Brand
SourceBlue draws upon 20 years of supply chain management experience in the construction industry.
Market Data | Jan 8, 2021
Construction sector adds 51,000 jobs in December
Gains are likely temporary as new industry survey finds widespread pessimism for 2021.
Market Data | Jan 7, 2021
Few construction firms will add workers in 2021 as industry struggles with declining demand, growing number of project delays and cancellations
New industry outlook finds most contractors expect demand for many categories of construction to decline.
Market Data | Jan 5, 2021
Barely one-third of metros add construction jobs in latest 12 months
Dwindling list of project starts forces contractors to lay off workers.
Market Data | Jan 4, 2021
Nonresidential construction spending shrinks further in November
Many commercial projects languish, even while homebuilding soars.
Market Data | Dec 29, 2020
Multifamily transactions drop sharply in 2020, according to special report from Yardi Matrix
Sales completions at end of Q3 were down over 41 percent from the same period a year ago.