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."
Related Stories
Contractors | Jul 13, 2023
Construction input prices remain unchanged in June, inflation slowing
Construction input prices remained unchanged in June compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics Producer Price Index data released today. Nonresidential construction input prices were also unchanged for the month.
Contractors | Jul 11, 2023
The average U.S. contractor has 8.9 months worth of construction work in the pipeline, as of June 2023
Associated Builders and Contractors reported that its Construction Backlog Indicator remained unchanged at 8.9 months in June 2023, according to an ABC member survey conducted June 20 to July 5. The reading is unchanged from June 2022.
Market Data | Jul 5, 2023
Nonresidential construction spending decreased in May, its first drop in nearly a year
National nonresidential construction spending decreased 0.2% in May, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.06 trillion.
Apartments | Jun 27, 2023
Average U.S. apartment rent reached all-time high in May, at $1,716
Multifamily rents continued to increase through the first half of 2023, despite challenges for the sector and continuing economic uncertainty. But job growth has remained robust and new households keep forming, creating apartment demand and ongoing rent growth. The average U.S. apartment rent reached an all-time high of $1,716 in May.
Industry Research | Jun 15, 2023
Exurbs and emerging suburbs having fastest population growth, says Cushman & Wakefield
Recently released county and metro-level population growth data by the U.S. Census Bureau shows that the fastest growing areas are found in exurbs and emerging suburbs.
Contractors | Jun 13, 2023
The average U.S. contractor has 8.9 months worth of construction work in the pipeline, as of May 2023
Associated Builders and Contractors reported that its Construction Backlog Indicator remained unchanged at 8.9 months in May, according to an ABC member survey conducted May 20 to June 7. The reading is 0.1 months lower than in May 2022. Backlog in the infrastructure category ticked up again and has now returned to May 2022 levels. On a regional basis, backlog increased in every region but the Northeast.
Industry Research | Jun 13, 2023
Two new surveys track how the construction industry, in the U.S. and globally, is navigating market disruption and volatility
The surveys, conducted by XYZ Reality and KPMG International, found greater willingness to embrace technology, workplace diversity, and ESG precepts.
| Jun 5, 2023
Communication is the key to AEC firms’ mental health programs and training
The core of recent awareness efforts—and their greatest challenge—is getting workers to come forward and share stories.
Contractors | May 24, 2023
The average U.S. contractor has 8.9 months worth of construction work in the pipeline, as of April 2023
Contractor backlogs climbed slightly in April, from a seven-month low the previous month, according to Associated Builders and Contractors.
Multifamily Housing | May 23, 2023
One out of three office buildings in largest U.S. cities are suitable for residential conversion
Roughly one in three office buildings in the largest U.S. cities are well suited to be converted to multifamily residential properties, according to a study by global real estate firm Avison Young. Some 6,206 buildings across 10 U.S. cities present viable opportunities for conversion to residential use.
