1. REI sells new, unused HQ to Facebook (BD+C)
"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)
"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)
"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 | 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.
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.