1. Brown University tops off first housing building in three decades (BD+C)
"The facility, scheduled for completion next April, will combine a residence hall with student health services."
2. AIA releases strategies and illustrations for reducing risk of COVID-19 in schools (AIA)
"For the 2020-21 school year, districts are facing the difficult task of determining if K-12 schools will reopen this fall."
3. New data shows construction activity returning to pre-coronavirus levels in many parts of the country (AGC)
"Association survey and data collected by Procore measure impacts of the pandemic, showing signs of a construction recovery, but labor shortages and project cancellations show industry needs federal help."
4. Demand for family rentals expected to jump over next few years (BD+C)
"Developers’ focus on single, urban millennials leaves family market underserved."
5. Rush to disinfect offices has some environmental health experts worried (Bloomberg)
"The EPA list of approved cleaning agents for the coronavirus includes some that haven’t been proven safe for humans."
6. Assisted living looks for an assist (Bloomberg)
"Nursing homes have become the focal point of America’s coronavirus crisis, with more than one-third of the nation’s deaths occurring among residents. The outsized attention has another industry that cares for some of the most vulnerable people feeling left out."
7. COVID Is accelerating Millennials’ move from apartments to single-family rentals (National Real Estate Investor)
"Big SFR operators reported slight growth in leasing rates in the months since the lockdowns started."
Related Stories
Market Data | Jul 27, 2021
New York leads the U.S. hotel construction pipeline at the close of Q2‘21
Many hotel owners, developers, and management groups have used the operational downtime, caused by COVID-19’s impact on operating performance, as an opportunity to upgrade and renovate their hotels and/or redefine their hotels with a brand conversion.
Market Data | Jul 26, 2021
U.S. construction pipeline continues along the road to recovery
During the first and second quarters of 2021, the U.S. opened 472 new hotels with 59,034 rooms.
Market Data | Jul 21, 2021
Architecture Billings Index robust growth continues
AIA’s Architecture Billings Index (ABI) score for June remained at an elevated level of 57.1.
Market Data | Jul 20, 2021
Multifamily proposal activity maintains sizzling pace in Q2
Condos hit record high as all multifamily properties benefit from recovery.
Market Data | Jul 19, 2021
Construction employment trails pre-pandemic level in 39 states
Supply chain challenges, rising materials prices undermine demand.
Market Data | Jul 15, 2021
Producer prices for construction materials and services soar 26% over 12 months
Contractors cope with supply hitches, weak demand.
Market Data | Jul 13, 2021
ABC’s Construction Backlog Indicator and Contractor Confidence Index rise in June
ABC’s Construction Confidence Index readings for sales, profit margins and staffing levels increased modestly in June.
Market Data | Jul 8, 2021
Encouraging construction cost trends are emerging
In its latest quarterly report, Rider Levett Bucknall states that contractors’ most critical choice will be selecting which building sectors to target.
Multifamily Housing | Jul 7, 2021
Make sure to get your multifamily amenities mix right
One of the hardest decisions multifamily developers and their design teams have to make is what mix of amenities they’re going to put into each project. A lot of squiggly factors go into that decision: the type of community, the geographic market, local recreation preferences, climate/weather conditions, physical parameters, and of course the budget. The permutations are mind-boggling.
Market Data | Jul 7, 2021
Construction employment declines by 7,000 in June
Nonresidential firms struggle to find workers and materials to complete projects.