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 29, 2019
U.S. economic growth crosses 3% threshold to begin the year
Growth was fueled by myriad factors, including personal consumption expenditures, private inventory investment, surprisingly rapid growth in exports, state and local government spending and intellectual property.
Market Data | Apr 18, 2019
ABC report: 'Confidence seems to be making a comeback in America'
The Construction Confidence Index remained strong in February, according to the Associated Builders and Contractors.
Market Data | Apr 16, 2019
ABC’s Construction Backlog Indicator rebounds in February
ABC's Construction Backlog Indicator expanded to 8.8 months in February 2019.
Market Data | Apr 8, 2019
Engineering, construction spending to rise 3% in 2019: FMI outlook
Top-performing segments forecast in 2019 include transportation, public safety, and education.
Market Data | Apr 1, 2019
Nonresidential spending expands again in February
Private nonresidential spending fell 0.5% for the month and is only up 0.1% on a year-over-year basis.
Market Data | Mar 22, 2019
Construction contractors regain confidence in January 2019
Expectations for sales during the coming six-month period remained especially upbeat in January.
Market Data | Mar 21, 2019
Billings moderate in February following robust New Year
AIA’s Architecture Billings Index (ABI) score for February was 50.3, down from 55.3 in January.
Market Data | Mar 19, 2019
ABC’s Construction Backlog Indicator declines sharply in January 2019
The Construction Backlog Indicator contracted to 8.1 months during January 2019.
Market Data | Mar 15, 2019
2019 starts off with expansion in nonresidential spending
At a seasonally adjusted annualized rate, nonresidential spending totaled $762.5 billion for the month.
Market Data | Mar 14, 2019
Construction input prices rise for first time since October
Of the 11 construction subcategories, seven experienced price declines for the month.
