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 | Jun 3, 2019
Nonresidential construction spending up 6.4% year over year in April
Among the 16 sectors tracked by the U.S. Census Bureau, nine experienced an increase in monthly spending, led by water supply and highway and street.
Market Data | Jun 3, 2019
4.1% annual growth in office asking rents above five-year compound annual growth rate
Market has experienced no change in office vacancy rates in three quarters.
Market Data | May 30, 2019
Construction employment increases in 250 out of 358 metros from April 2018 to April 2019
Demand for work is outpacing the supply of workers.
Market Data | May 24, 2019
Construction contractors confidence remains high in March
More than 70% of contractors expect to increase staffing levels over the next six months.
Market Data | May 22, 2019
Slight rebound for architecture billings in April
AIA’s ABI score for April showed a small increase in design services at 50.5 in April.
Market Data | May 9, 2019
The U.S. hotel construction pipeline continues to grow in the first quarter as the economy shows surprising strength
Projects currently under construction stand at 1,709 projects/227,924 rooms.
Market Data | May 9, 2019
Construction input prices continue to rise
Nonresidential input prices rose 0.9% compared to March and are up 2.8% on an annual basis.
Market Data | May 7, 2019
Construction costs in major metros continued to climb last year
Latest Rider Levett Bucknall report estimates rise at more than double the rate of 2018 Growth Domestic Product.
Market Data | Apr 29, 2019
U.S. economic growth crosses 3% threshold to begin the year
Growth was fueled by myriad factors, including personal consumption expenditures, private inventory investment, surprisingly rapid growth in exports, state and local government spending and intellectual property.
Market Data | Apr 18, 2019
ABC report: 'Confidence seems to be making a comeback in America'
The Construction Confidence Index remained strong in February, according to the Associated Builders and Contractors.
