flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

7 must reads for the AEC industry today: August 4, 2020

Market Data

7 must reads for the AEC industry today: August 4, 2020

Construction spending decreases for fourth consecutive month and 100% affordable housing development breaks ground in Mountain View.


By BD+C Editors | August 4, 2020


1. 71-unit 100% affordable housing development breaks ground in Mountain View, Calif. (BD+C) 
"The 100% affordable housing project will comprise independent living for a mix of single- and two-person households earning between 50% and 70% of the area median income. Fifteen of the units are reserved for adults with intellectual or developmental disabilities."

2. Construction spending decreases for fourth consecutive month in June (AGC) 
"Association officials warn further contraction is likely unless federal government enacts prompt, major investment in infrastructure as state and local governments face deficits."

3. Report aids local governments on policy options, pathways to electrify new buildings (BD+C) 
"This strategy is a way to improve energy efficiency, indoor air quality, and climate emissions in the built environment. It is a key to meeting climate and public health goals, according to a SWEEP press release."

4. Exploring the airborne transmission of the coronavirus and strategies for mitigating risk (Stantec) 
"In a recently published article, international health authorities—including WHO and the Centers for Disease Control and Prevention (CDC)—are confronted in regards to their lack of action in acknowledging mounting evidence as to the airborne spread of the virus. The article pleads for the immediate recognition and issuing of suitable advice on mitigating control measures."

5. ‘We’re in a world of hurt,’ Sands President says of Las Vegas (Bloomberg via National Real Estate Investor)
"Las Vegas Sands Corp.’s two Las Vegas properties, the Venetian and the Palazzo, generated just $36 million in business during the second quarter."

6. ‘Recession proof’ apartment buildings set for $12 billion test (Bloomberg via National Real Estate Investor)
"Jones Lang LaSalle Inc. is marketing $12 billion worth of apartment buildings for sale amid a 70 percent plunge in transactions."

7. Once considered expensive and unnecessary, touchless tech tools are catching on (Bisnow)
"Just a few months ago, touchless tools like app-controlled or voice-controlled doors, elevators and lighting seemed too fanciful or expensive for all but the highest-tiered Class-A luxury buildings, but the coronavirus has turned the commercial real estate industry's view of these amenities on its head."

 

Related Stories

Market Data | Jan 23, 2019

Architecture billings slow, but close 2018 with growing demand

AIA’s Architecture Billings Index (ABI) score for December was 50.4 compared to 54.7 in November.

Market Data | Jan 16, 2019

AIA 2019 Consensus Forecast: Nonresidential construction spending to rise 4.4%

The education, public safety, and office sectors will lead the growth areas this year, but AIA's Kermit Baker offers a cautious outlook for 2020.

Market Data | Dec 19, 2018

Brokers look forward to a commercial real estate market that mirrors 2018’s solid results

Respondents to a recent Transwestern poll expect flat to modest growth for rents and investment in offices, MOBs, and industrial buildings.

Market Data | Dec 19, 2018

When it comes to economic clout, New York will far outpace other U.S. metros for decades to come

But San Jose, Calif., is expected to have the best annual growth rate through 2035, according to Oxford Economics’ latest Global Cities report.

Market Data | Dec 19, 2018

Run of positive billings continues at architecture firms

November marked the fourteenth consecutive month of increasing demand for architectural firm services.

Market Data | Dec 5, 2018

ABC predicts construction sector will remain strong in 2019

Job growth, high backlog and healthy infrastructure investment all spell good news for the industry.

Market Data | Dec 4, 2018

Nonresidential spending rises modestly in October

Thirteen out of 16 subsectors are associated with year-over-year increases.

Market Data | Nov 20, 2018

Construction employment rises from October 2017 to October 2018 in 44 states and D.C.

Texas has biggest annual job increase while New Jersey continues losses; Iowa, Florida and California have largest one-month gains as Mississippi and Louisiana trail.

Market Data | Nov 15, 2018

Architecture firm billings continue to slow, but remain positive in October

Southern region reports decline in billings for the first time since June 2012.

Market Data | Nov 14, 2018

A new Joint Center report finds aging Americans less prepared to afford housing

The study foresees a significant segment of seniors struggling to buy or rent on their own or with other people.

boombox1
boombox2
native1

More In Category


Contractors

Nonresidential construction spending decreased 0.2% in June

National nonresidential construction spending declined 0.2% in June, 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 $1.21 trillion. Nonresidential construction has expanded 5.3% from a year ago.



Construction Costs

Data center construction costs for 2024

Gordian’s data features more than 100 building models, including computer data centers. These localized models allow architects, engineers, and other preconstruction professionals to quickly and accurately create conceptual estimates for future builds. This table shows a five-year view of costs per square foot for one-story computer data centers. 

halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021