1. New Foster + Partners-designed hospital begins construction in Cairo (BD+C)
"The 300-bed hospital has views of the Pyramids of Giza and is set within a verdant landscape with a lake and seeks to optimize the overall patient experience and decrease recovery times."
2. A new interprofessional hub opens on U. Minnesota’s campus (BD+C)
"The 202,000-sf Education Center is positioned to be one of the more comprehensive interprofessional facilities in the country. The project entailed six stories of new construction, and four stories of renovation of an adjacent building. The two structures are connected by portals on four floors."
3. Heat pumps are the future for hot water (BD+C)
"Heat pump water heaters (HPWHs) have been sold in the U.S. for over 40 years, but have struggled to penetrate the market. This has left the construction industry with few case studies, best practices, and expert practitioners."
4. 8 (more) noteworthy multifamily projects to debut in 2020 (BD+C)
"An office-to-apartment conversion in Clearwater, Fla., and a modular affordable housing community in Portland, Ore., highlight the latest multifamily developments to open this year."
5. Amazon, big-box chains, 3PLs among the most rapidly expanding industrial tenants (National Real Estate Investor)
"With e-commerce sales booming, these companies are leasing up new distribution and fulfillment facilities."
6. Pendulum swinging back away from open offices due to pandemic (Bisnow)
"The coronavirus pandemic scrambled all expectations about the office market. Many corporate leaders say the work-from-home model has been quite successful, and plan to let a portion of their workforce continue at home even after the pandemic subsides. But many also say mentoring new recruits and building a healthy corporate culture can’t be done on Zoom calls. That means even though no one knows how much space companies will need in 2021, landlords, brokers and property managers still need to find safe ways for their clients and tenants to return."
Related Stories
Market Data | Apr 1, 2021
Construction spending slips in February
Shrinking demand, soaring costs, and supply delays threaten project completion dates and finances.
Market Data | Mar 26, 2021
Construction employment in February trails pre-pandemic level in 44 states
Soaring costs, supply-chain problems jeopardize future jobs.
Market Data | Mar 24, 2021
Architecture billings climb into positive territory after a year of monthly declines
AIA’s ABI score for February was 53.3 compared to 44.9 in January.
Market Data | Mar 22, 2021
Construction employment slips in 225 metros from January 2020 to January 2021
Rampant cancellations augur further declines ahead.
Market Data | Mar 18, 2021
Commercial Construction Contractors’ Outlook lifts on rising revenue expectations
Concerns about finding skilled workers, material costs, and steel tariffs linger.
Market Data | Mar 16, 2021
Construction employment in January lags pre-pandemic mark in 42 states
Canceled projects, supply-chain woes threaten future jobs.
Market Data | Mar 15, 2021
Rising materials prices and supply chain disruptions are hurting many construction firms
The same firms are already struggling to cope with pandemic impacts.
Market Data | Mar 11, 2021
Soaring materials costs, supply-chain problems, and project cancellations continue to impact construction industry
Costs and delayed deliveries of materials, parts, and supplies are vexing many contractors.
Market Data | Mar 8, 2021
Construction employment declines by 61,000 in February
Association officials urge congress and Biden administration to focus on new infrastructure funding.
Market Data | Mar 2, 2021
Construction spending rises in January as private nonresidential sector stages rare gain
Private nonresidential market shrinks 10% since January 2020 with declines in all 11 segments.
