1. Gilbane shares supply-chain status of products affected by coronavirus (BD+C)
"The supply chain, for everything from paper towels to building products, has been a major concern during the pandemic."
2. DLR Group completes LA Memorial Coliseum Renovation (BD+C)
"The modernization project improved stadium seating and circulation while replacing every seat and installing handrails throughout. The design intervention widened seats and increased leg room in many sections."
3. OSHA says most employers don’t have to track worker COVID-19 infections (BD+C)
"Agency clarifies responsibility for contractors, others."
4. Coronavirus Pushes Colleges to the Breaking Point, Forcing ‘Hard Choices’ About Education (WSJ)
"Forecasted declines in enrollment and revenue have triggered spending cuts and salary freezes."
5. Banks Not Returning to Skyscrapers Anytime Soon (Bloomberg, National Real Estate Investor)
"Bank headquarters housing thousands of staff might go out of fashion if people need to take the elevator only two at a time."
6. Over 50% of department stores in malls predicted to close by 2021, real estate services firm says (CNBC)
"Department stores still represent about 60% of the anchor space within malls today, according to Green Street Advisors. Up until the coronavirus pandemic, it has been years of “kicking the can down the road,” analyst Vince Tibone said."
Related Stories
Market Data | Nov 4, 2019
Nonresidential construction spending rebounds slightly in September
Private nonresidential spending fell 0.3% on a monthly basis and is down 5.7% compared to the same time last year.
Market Data | Nov 1, 2019
GDP growth expands despite reduction in nonresident investment
The annual rate for nonresidential fixed investment in structures declined 15.3% in the third quarter.
Market Data | Oct 24, 2019
Architecture Billings Index downturn moderates as challenging conditions continue
The Architecture Billings Index (ABI) score in September is 49.7.
Market Data | Oct 23, 2019
ABC’s Construction Backlog Indicator rebounds in August
The primary issue for most contractors is not a lack of demand, but an ongoing and worsening shortage of skilled workers available to meet contractual requirements.
Multifamily Housing | Oct 16, 2019
A new study wonders how many retiring adults will be able to afford housing
Harvard’s Joint Center for Housing Studies focuses on growing income disparities among people 50 or older.
Market Data | Oct 9, 2019
Two ULI reports foresee a solid real estate market through 2021
Market watchers, though, caution about a “surfeit” of investment creating a bubble.
Market Data | Oct 4, 2019
Global construction output growth will decline to 2.7% in 2019
It will be the slowest pace of growth in a decade, according to GlobalData.
Market Data | Oct 2, 2019
Spending on nonresidential construction takes a step back in August
Office, healthcare, and public safety are among the fastest-growing sectors, according to the U.S. Census Bureau's latest report.
Market Data | Sep 27, 2019
The global hotel construction pipeline ascends to new record highs
With the exception of Latin America, all regions of the globe either continued to set record high pipeline counts or have already settled into topping-out formations amidst concerns of a worldwide economic slowdown.
Market Data | Sep 25, 2019
Senate introduces The School Safety Clearinghouse Act
Legislation would create a federally funded and housed informational resource on safer school designs.
