1. First rendering of the National Medal of Honor Museum unveiled (BD+C)
"The design features a steel slab that “floats” above the rest of the structure. It is connected to the spaces below, which feature large expanses of glass overlooking a reflecting pool, by two spiraling pathways."
2. More energy efficiency programs are encouraging zero-energy projects (BD+C)
"According to the American Council for an Energy Efficient Economy (ACEEE), these programs have an annual budget of about $65 million. They have collectively completed nearly 200 single-family homes, about 900 apartments in multifamily buildings, and 74 commercial totaling more than two million square feet of floor area. Affordable housing accounts for a significant portion of the multifamily projects."
3. AIA releases 3D models, strategies for reducing risk of COVID-19 in polling places (AIA)
"Developed in an effort to protect voters and polling place workers on Election Day, the resource provides architectural, engineering, operational and administrative strategies that election administrators and polling place workers can employ—as well as modify—for polling places and voting centers."
4. Seven urgent changes needed to fix senior living (Market Watch)
"Some perceive ‘senior living’ as ‘senior dying.’ The strategies a task force says will better serve residents, staff and families."
5. Almost 90% of NYC bars and restaurants couldn’t pay August rent (New York Post)
"Nearly 90 percent of New York City bar and restaurant owners couldn’t pay their rent in August, heightening the continued crush the coronavirus shutdown has inflicted on Gotham’s economy."
6. Pandemic exacerbates already severe U.S. housing shortage (Bisnow)
"Americans in the market for housing are facing a shortage of affordable rental properties to choose from. Scarcity and affordability were in place before 2020, but the coronavirus pandemic seems to have tightened residential markets even more."
Related Stories
Market Data | Oct 24, 2018
Architecture firm billings slow but remain positive in September
Billings growth slows but is stable across sectors.
Market Data | Oct 19, 2018
New York’s five-year construction spending boom could be slowing over the next two years
Nonresidential building could still add more than 90 million sf through 2020.
Market Data | Oct 8, 2018
Global construction set to rise to US$12.9 trillion by 2022, driven by Asia Pacific, Africa and the Middle East
The pace of global construction growth is set to improve slightly to 3.7% between 2019 and 2020.
Market Data | Sep 25, 2018
Contractors remain upbeat in Q2, according to ABC’s latest Construction Confidence Index
More than three in four construction firms expect that sales will continue to rise over the next six months, while three in five expect higher profit margins.
Market Data | Sep 24, 2018
Hotel construction pipeline reaches record highs
There are 5,988 projects/1,133,017 rooms currently under construction worldwide.
Market Data | Sep 21, 2018
JLL fit out report portrays a hot but tenant-favorable office market
This year’s analysis draws from 2,800 projects.
Market Data | Sep 21, 2018
Mid-year forecast: No end in sight for growth cycle
The AIA Consensus Construction Forecast is projecting 4.7% growth in nonresidential construction spending in 2018.
Market Data | Sep 19, 2018
August architecture firm billings rebound as building investment spurt continues
Southern region, multifamily residential sector lead growth.
Market Data | Sep 18, 2018
Altus Group report reveals shifts in trade policy, technology, and financing are disrupting global real estate development industry
International trade uncertainty, widespread construction skills shortage creating perfect storm for escalating project costs; property development leaders split on potential impact of emerging technologies.