flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

7 must reads for the AEC industry today: July 21, 2020

Market Data

7 must reads for the AEC industry today: July 21, 2020

Abandoned high-rise becomes mixed-use luxury apartments and researchers are developing anti-coronavirus tech for buildings.


By BD+C Editors | July 21, 2020


1. Abandoned 15-story high-rise becomes mixed-use luxury apartment building (BD+C) 
"After being abandoned in 2009, GSP Development purchased the building and tasked Kimmich Smith Architecture and McShane Construction Company with redeveloping the structure into a Class A multi-family residence."

2. J. Small Investments, Lyda Hill Philanthropies have unveiled plans for a 23-acre mixed-use development in Dallas (BD+C)
"The North Texas Biotech Hub is a key component of Pegasus Park. The envisioned Biotech Hub will offer approximately 37,000 sf of premium, flexible lab, training, and office spaces dedicated to life science innovation. The project will provide tenant-driven services and cost-effective month-to-month leases for science and tech entrepreneurs."

3. N.Y. construction firm to pay $1.5 million to settle sexual harassment claim (BD+C) 
"According to a report in the New York Post, Trade Off is a “body shop,” providing predominantly black and Latino construction laborers to large firms. Many of its employees are formerly incarcerated New Yorkers who must remain employed as a condition of their parole."

4. 'Tax us. Tax us. Tax us.' 83 millionaires signed letter asking for higher taxes on the super-rich to pay for COVID-19 recoveries (Business Insider via National Real Estate Investor)
“A group of 83 millionaires are pleading in an open letter to be taxed more in order to pay for the damage COVID-19 had caused to economies around the world.”

5. Researchers are developing anti-coronavirus tech suitable for buildings (Bisnow)
"Early in the coronavirus pandemic, inventors and entrepreneurs devised various simple tools to help people occupy space more safely, such as a hook to open doors hands-free and a bracelet that tells users when they have touched their faces."

6. Coworking Outlook Positive, JLL Finds (Commercial Property Executive)
"The fallout from COVID-19 will pave the way for the sector's rebirth as a multifaceted office offering."

7. How Retail Leases Will Change in a Post-COVID World (GlobeSt.)
"We talk to a Cox, Castle & Nicholson partner about the retail lease provisions that will change as a result of the coronavirus pandemic."

 

Related Stories

Market Data | Apr 1, 2021

Construction spending slips in February

Shrinking demand, soaring costs, and supply delays threaten project completion dates and finances.

Market Data | Mar 26, 2021

Construction employment in February trails pre-pandemic level in 44 states

Soaring costs, supply-chain problems jeopardize future jobs.

Market Data | Mar 24, 2021

Architecture billings climb into positive territory after a year of monthly declines

AIA’s ABI score for February was 53.3 compared to 44.9 in January.

Market Data | Mar 22, 2021

Construction employment slips in 225 metros from January 2020 to January 2021

Rampant cancellations augur further declines ahead.

Market Data | Mar 18, 2021

Commercial Construction Contractors’ Outlook lifts on rising revenue expectations

Concerns about finding skilled workers, material costs, and steel tariffs linger.

Market Data | Mar 16, 2021

Construction employment in January lags pre-pandemic mark in 42 states

Canceled projects, supply-chain woes threaten future jobs.

Market Data | Mar 15, 2021

Rising materials prices and supply chain disruptions are hurting many construction firms

The same firms are already struggling to cope with pandemic impacts.

Market Data | Mar 11, 2021

Soaring materials costs, supply-chain problems, and project cancellations continue to impact construction industry

Costs and delayed deliveries of materials, parts, and supplies are vexing many contractors.

Market Data | Mar 8, 2021

Construction employment declines by 61,000 in February

Association officials urge congress and Biden administration to focus on new infrastructure funding.

Market Data | Mar 2, 2021

Construction spending rises in January as private nonresidential sector stages rare gain

Private nonresidential market shrinks 10% since January 2020 with declines in all 11 segments.

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