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."
Related Stories
Market Data | Jan 18, 2017
Architecture Billings Index ends year on positive note
Architecture firms close 2016 with the strongest performance of the year.
Market Data | Jan 12, 2017
73% of construction firms plan to expand their payrolls in 2017
However, many firms remain worried about the availability of qualified workers.
Market Data | Jan 9, 2017
Trump market impact prompts surge in optimism for U.S. engineering firm leaders
The boost in firm leader optimism extends across almost the entire engineering marketplace.
Market Data | Jan 5, 2017
Nonresidential spending thrives in strong November spending report
Many construction firms have reported that they remain busy but have become concerned that work could dry up in certain markets in 2017 or 2018, says Anirban Basu, ABC Chief Economist.
Market Data | Dec 21, 2016
Architecture Billings Index up slightly in November
New design contracts also return to positive levels, signifying future growth in construction activity.
Market Data | Dec 21, 2016
Will housing adjust to an aging population?
New Joint Center report projects 66% increase in senior heads of households by 2035.
Market Data | Dec 13, 2016
ABC predicts modest growth for 2017 nonresidential construction sector; warns of vulnerability for contractor
“The U.S. economy continues to expand amid a weak global economy and, despite risks to the construction industry, nonresidential spending should expand 3.5 percent in 2017,” says ABC Chief Economist Anirban Basu.
Market Data | Dec 2, 2016
Nonresidential construction spending gains momentum
Nonresidential spending is now 2.6 percent higher than at the same time one year ago.
Market Data | Nov 30, 2016
Marcum Commercial Construction Index reports industry outlook has shifted; more change expected
Overall nonresidential construction spending in September totaled $690.5 billion, down a slight 0.7 percent from a year earlier.
Industry Research | Nov 30, 2016
Multifamily millennials: Here is what millennial renters want in 2017
It’s all about technology and convenience when it comes to the things millennial renters value most in a multifamily facility.