1. New facility in California homes in on behavioral health (BD+C)
"During the early stages of the coronavirus pandemic, it became clear rather quickly that the healthcare system in the U.S. wasn’t flexible enough to handle the surge in patient capacity brought on by the spread of COVID-19. As hospitals and other medical facilities rethink their operations, future-ready patient services are likely to be more common."
2. Guiding changes in the workplace: Past, present, and future (HGA)
"Since the COVID-19 pandemic, many companies are managing sudden change as they assess the impact on workplace design and how people use spaces."
3. Santa Fe is second city in the world to achieve LEED v4.1 Gold (BD+C)
"There are more than 100 LEED-certified cities and communities, but these were achieved under earlier versions of LEED."
4. The megacity is dead. Long live the megacity (Bloomberg)
"The coronavirus has drained the appeal of living in Asia’s densely packed metro areas. But reverse migration is easier said than done."
5. New health guidelines burdensome and costly, kilroy exec says (Bisnow)
"Emerging health guidelines and tenant requests are often stressing landlords' wallets and sustainability goals, a commercial real estate executive said last week."
6. Density Has Taken 'A Complete U-Turn,' Boston Properties VP Says (Bisnow)
"Dense floor plans, from what we're hearing in the marketplace, have done an absolute U-turn," Boston Properties Vice President of Engineering Danny Murtagh said during Bisnow's Sustainability In Bay Area Design and Development webinar Thursday afternoon."
Related Stories
K-12 Schools | Mar 18, 2024
New study shows connections between K-12 school modernizations, improved test scores, graduation rates
Conducted by Drexel University in conjunction with Perkins Eastman, the research study reveals K-12 school modernizations significantly impact key educational indicators, including test scores, graduation rates, and enrollment over time.
MFPRO+ News | Mar 16, 2024
Multifamily rents stable heading into spring 2024
National asking multifamily rents posted their first increase in over seven months in February. The average U.S. asking rent rose $1 to $1,713 in February 2024, up 0.6% year-over-year.
Market Data | Mar 14, 2024
Download BD+C's March 2024 Market Intelligence Report
U.S. construction spending on buildings-related work rose 1.4% in January, but project teams continue to face headwinds related to inflation, interest rates, and supply chain issues, according to Building Design+Construction's March 2024 Market Intelligence Report (free PDF download).
Contractors | Mar 12, 2024
The average U.S. contractor has 8.1 months worth of construction work in the pipeline, as of February 2024
Associated Builders and Contractors reported that its Construction Backlog Indicator declined to 8.1 months in February, according to an ABC member survey conducted Feb. 20 to March 5. The reading is down 1.1 months from February 2023.
Market Data | Mar 6, 2024
Nonresidential construction spending slips 0.4% in January
National nonresidential construction spending decreased 0.4% in January, 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 $1.190 trillion.
Multifamily Housing | Mar 4, 2024
Single-family rentals continue to grow in BTR communities
Single-family rentals are continuing to grow in built-to-rent communities. Both rent and occupancy growth have been strong in recent months while remaining a financially viable option for renters.
MFPRO+ News | Mar 2, 2024
Job gains boost Yardi Matrix National Rent Forecast for 2024
Multifamily asking rents broke the five-month streak of sequential average declines in January, rising 0.07 percent, shows a new special report from Yardi Matrix.
K-12 Schools | Feb 29, 2024
Average age of U.S. school buildings is just under 50 years
The average age of a main instructional school building in the United States is 49 years, according to a survey by the National Center for Education Statistics (NCES). About 38% of schools were built before 1970. Roughly half of the schools surveyed have undergone a major building renovation or addition.
MFPRO+ Research | Feb 27, 2024
Most competitive rental markets of early 2024
The U.S. rental market in early 2024 is moderately competitive, with apartments taking an average of 41 days to find tenants, according to the latest RentCafe Market Competitivity Report.
Construction Costs | Feb 22, 2024
K-12 school construction costs for 2024
Data from Gordian breaks down the average cost per square foot for four different types of K-12 school buildings (elementary schools, junior high schools, high schools, and vocational schools) across 10 U.S. cities.