1.Ā San Franciscoās Millennium Tower fix approved, moving forward (BD+C)Ā
"After a two-year permitting and approval process, a fix is finally set to move forward with SGH as the engineer-of-record. SGH evaluated whether the building required structural reinforcement to restore its integrity or seismic resistance to original levels."
2.Ā Two Indianapolis schools find new digs in a long-dormant factory (BD+C)Ā
"The P.R. Mallory Building in Indianapolis was once where the Duracell battery was invented and patented. Vacant for decades, the 100-year-old building has been jolted back to life through an adaptive reuse project that converted the facility into new homes for the STEM-focused public charter school Purdue Polytechnic High School and Paramount Englewood Middle School."
3.Ā 62% of metros shed construction jobs from June 2019 to June 2020 as Association calls for new infrastructure funding, other relief steps (AGC)Ā
"New York City and Brockton-Bridgewater-Easton, Mass. have worst 12-month losses, while Austin and Walla Walla, Wash. top job gainers."
4.Ā Crackdowns grow on construction firms that fail to follow COVID-19 guidelines (BD+C)Ā
"Construction companies that donāt follow guidelines for social distancing, hand-washing, and other coronavirus-related precautions face court action, fines, and possible shutdowns. Many cities and counties have given 30-day grace periods, but some building departments say they will now crack down on scofflaws."
5.Ā Construction costs decrease for first time in 10 years (Construction Dive)
"A variety of pandemic-related forces have caused construction costs to decline slightly for the first time in a decade, which could lead contractors to feel a pinch in profits."
6.Ā White House scrambles on nursing homes as COVID-19 surges (Associated Press)
"Fearing another grim wave of nursing home deaths as COVID-19 cases rebound, President Donald Trump on Wednesday announced his administration will provide $5 billion to help facilities counter the virus."
7.Ā US Single-Family Rent Growth Posts Significant Drop (Globe St)
"Prior to the pandemic, the national rental price growth had been a stable 3%."
Ā
Related Stories
Market Data | Jul 23, 2019
Despite signals of impending declines, continued growth in nonresidential construction is expected through 2020
AIAās latest Consensus Construction Forecast predicts growth.
Market Data | Jul 20, 2019
Construction costs continued to rise in second quarter
Labor availability is a big factor in that inflation, according to Rider Levett Bucknall report.
Market Data | Jul 18, 2019
Construction contractors remain confident as summer begins
Contractors were slightly less upbeat regarding profit margins and staffing levels compared to April.
Market Data | Jul 17, 2019
Design services demand stalled in June
Project inquiry gains hit a 10-year low.
Market Data | Jul 16, 2019
ABCās Construction Backlog Indicator increases modestly in May
TheĀ Construction Backlog Indicator expanded to 8.9 months in May 2019.
K-12 Schools | Jul 15, 2019
Summer assignments: 2019 K-12 school construction costs
Using RSMeans data from Gordian, here are the most recent costs per square foot for K-12 school buildings in 10 cities across the U.S.
Market Data | Jul 12, 2019
Construction input prices plummet in June
This is the first time in nearly three years that input prices have fallen on a year-over-year basis.
Market Data | Jul 1, 2019
Nonresidential construction spending slips modestly in May
Among the 16 nonresidential construction spending categories tracked by the Census Bureau, five experienced increases in monthly spending.
Market Data | Jul 1, 2019
Almost 60% of the U.S. construction project pipeline value is concentrated in 10 major states
With a total of 1,302 projects worth $524.6 billion, CaliforniaĀ has both the largest number and value of projects in the U.S. construction project pipeline.
Market Data | Jun 21, 2019
Architecture billings remain flat
AIAās Architecture Billings Index (ABI) score for May showed a small increase in design services at 50.2.