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 | Feb 1, 2017
Nonresidential spending falters slightly to end 2016
Nonresidential spending decreased from $713.1 billion in November to $708.2 billion in December.
Market Data | Jan 31, 2017
AIA foresees nonres building spending increasing, but at a slower pace than in 2016
Expects another double-digit growth year for office construction, but a more modest uptick for health-related building.
High-rise Construction | Jan 23, 2017
Growth spurt: A record-breaking 128 buildings of 200 meters or taller were completed in 2016
This marks the third consecutive record-breaking year for building completions over 200 meters.
Market Data | Jan 18, 2017
Fraud and risk incidents on the rise for construction, engineering, and infrastructure businesses
Seven of the 10 executives in the sector surveyed in the report said their company fell victim to fraud in the past year.
Market Data | Jan 18, 2017
Architecture Billings Index ends year on positive note
Architecture firms close 2016 with the strongest performance of the year.
Market Data | Jan 12, 2017
73% of construction firms plan to expand their payrolls in 2017
However, many firms remain worried about the availability of qualified workers.
Market Data | Jan 9, 2017
Trump market impact prompts surge in optimism for U.S. engineering firm leaders
The boost in firm leader optimism extends across almost the entire engineering marketplace.
Market Data | Jan 5, 2017
Nonresidential spending thrives in strong November spending report
Many construction firms have reported that they remain busy but have become concerned that work could dry up in certain markets in 2017 or 2018, says Anirban Basu, ABC Chief Economist.
Market Data | Dec 21, 2016
Architecture Billings Index up slightly in November
New design contracts also return to positive levels, signifying future growth in construction activity.
Market Data | Dec 21, 2016
Will housing adjust to an aging population?
New Joint Center report projects 66% increase in senior heads of households by 2035.
