1. To reopen successfully, hotels need to demonstrate safety (BD+C)
"Leaving aside the question of why it took a pandemic for Marriott to realize its cleanliness standards needed improving, the plan illustrates how all hoteliers will need to regain guests’ confidence that their properties are safe enough to stay in again without fear of viral infection."
2. How working from home is influencing design (CsllisonRTKL Blog)
"The lessons learned in the next few months can help shape how we work and design in the future. For now, remote work is different – and our new normal."
3. New York expands prevailing wage law (BD+C)
"New York State has expanded it prevailing wage law to include private projects worth $5 million or more and that have received public subsidies of at least 30% of total construction costs."
4. The Future Of DFW Office Is Touchless Entry And Germ-Free. What The Near Future Is Not: Spec Building (Bisnow)
"When the coronavirus crisis ends, building owners with newer assets armed with germ-fighting technologies are most equipped to succeed in the new normal, DFW developers Bill Cawley and Bill Brokaw say."
5. The Pandemic May Mean the End of the Open-Floor Office (New York Times)
"As businesses contemplate the return of workers to their desks, many are considering large and small changes to the modern workplace culture and trappings."
6. The Los Angeles market continue to lead the U.S. hotel construction pipeline at the close of the first quarter of 2020 (BD+C)
"Nationally, under construction project counts hit a new all-time high with 1,819 projects with 243,100 rooms."
Related Stories
Market Data | Jan 13, 2020
Construction employment increases by 20,000 in December and 151,000 in 2019
Survey finds optimism about 2020 along with even tighter labor supply as construction unemployment sets record December low.
Market Data | Jan 10, 2020
North America’s office market should enjoy continued expansion in 2020
Brokers and analysts at two major CRE firms observe that tenants are taking longer to make lease decisions.
Market Data | Dec 17, 2019
Architecture Billings Index continues to show modest growth
AIA’s Architecture Billings Index (ABI) score of 51.9 for November reflects an increase in design services provided by U.S. architecture firms.
Market Data | Dec 12, 2019
2019 sets new record for supertall building completion
Overall, the number of completed buildings of at least 200 meters in 2019 declined by 13.7%.
Market Data | Dec 4, 2019
Nonresidential construction spending falls in October
Private nonresidential spending fell 1.2% on a monthly basis and is down 4.3% from October 2018.
Market Data | Nov 25, 2019
Office construction lifts U.S. asking rental rate, but slowing absorption in Q3 raises concerns
12-month net absorption decelerates by one-third from 2018 total.
Market Data | Nov 22, 2019
Architecture Billings Index rebounds after two down months
The Architecture Billings Index (ABI) score in October is 52.0.
Market Data | Nov 14, 2019
Construction input prices unchanged in October
Nonresidential construction input prices fell 0.1% for the month and are down 2.0% compared to the same time last year.
Multifamily Housing | Nov 7, 2019
Multifamily construction market remains strong heading into 2020
Fewer than one in 10 AEC firms doing multifamily work reported a decrease in proposal activity in Q3 2019, according to a PSMJ report.
Market Data | Nov 5, 2019
Construction and real estate industry deals in September 2019 total $21.7bn globally
In terms of number of deals, the sector saw a drop of 4.4% over the last 12-month average.