1. Heatherwick Studio creates a new concept for San Francisco’s Piers 30-32 (BD+C)
"Dubbed The Cove, the resilient design responds to the threats posed by climate change by generating solar-powered energy, incorporating low-carbon materials, restoring coastal processes, and enhancing habitats for fish, shellfish, aquatic plants, and wildlife."
2. Groups sue CDC over eviction moratorium
"The CDC ordered the moratorium, which expires at the end of 2020, earlier this month. The suit argues that federal agencies do not have powers to waive state laws and that the CDC has encroached on private property rights with no legal authority."
3. New drinking water standard criteria further restricts lead leaching in plumbing products (BD+C)
"The “significantly more rigorous requirements” were approved after years of exploring various testing methods to reduce lead leaching from endpoint devices that dispense drinking water, as well as from other plumbing components, according to a NSF International news release."
4. Washington, D.C.’s first modular apartment building breaks ground (BD+C)
"The modules arrived onsite 80% finished. Each three-bedroom Modo apartment features built-in custom closets, shelving, desks meant to facilitate remote working, and a spacious living room with a pre-installed jumbo flat-screen TV."
5. Apartment developers scout adaptive reuse possibilities (National Real Estate Investor)
"That math will become easier for developers if more distressed properties become available at a steep discount."
6. Retail-to-logistics conversions won’t be quick or easy: Prologis (Commercial Property Executive)
"The report also questions whether shopping center owners will want to forego retail rents for lower industrial rates."
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Construction costs surge in April as new tariffs and other trade measures lead to significant increases in materials prices
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Market Data | May 7, 2018
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Nonresidential Construction down in March, private sector falters, public sector unchanged
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