1. REI sells new, unused HQ to Facebook (BD+C)Â
"The facility, which focused on blending inside space with outdoors space, featured courtyards, bridges, open park space, large operable windows and garage doors, and reclaimed wood all meant to promote a healthy lifestyle for employees."
2. Adjaye Associates will design The Africa Institute in Sharjah, United Arab Emirates (BD+C)Â
"The design will create an enclosed 343,175-sf campus with five wings between four and seven stories each, connected by a series of open-air interior courtyards that span the entire ground floor and feature fountains and landscaping with native plants."
3. Taller timber buildings approved in National Fire Protection Association code (BD+C)Â
"The new code is the result of a three-year process to review mass timber. Several NFPA Technical Committees with responsibility for building construction provisions developed new tall mass timber provisions."
4. Campus libraries are leaping into the future (GBBN)
"Inexperienced users think they know what academic libraries can offer. Chances are, newly arriving (and even existing) students at your institution are unaware of the vast amount of information and resources available to them through the campus library."
5. Facebook Campus Hotel a Bet on Bright Future for Business Travel (Bloomberg via National Real Estate Investor)
"A Dutch lodging brand backed by Singapore’s sovereign wealth fund plans to open tech-forward boutique hotels across the United States."
6. Most expensive stadium ever built debuts in LA without fans (Bisnow)
"The NFL's largest stadium was unveiled this week without much fanfare to match its scale and sky-high price tag. Inglewood Mayor James T. Butts, Los Angeles Chargers owner Dean Spanos and Los Angeles Rams owner and billionaire developer Stan Kroenke held a virtual ribbon-cutting ceremony Tuesday celebrating the opening of SoFi Stadium and Hollywood Park, a 298-acre sports and entertainment development in Los Angeles County privately funded by Rams ownership. The project is estimated to have a $5B price tag and is believed to be the most expensive such venture in history."
![](https://marvel-b1-cdn.bc0a.com/f00000000067087/www.bdcnetwork.com/sites/default/files/imce/2020-04/BDC_Daily5_700x300_v1.png)
Related Stories
Market Data | Jan 19, 2021
Architecture Billings continue to lose ground
The pace of decline during December accelerated from November.
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.