1. A new ULI report chronicles the depaving of America (BD+C)
"Other research also shows that one in three Americans doesn’t have a park within a 10-minute walk from his or her home."
2. Construction employment rises from April to May in 45 states, slips in 5 (AGC)
"Construction employment rebounded from April to May in 45 states and the District of Columbia, following the loss of nearly one million construction jobs nationwide in April, but the gains may be short-lived, according to an analysis by the Associated General Contractors of America of government data released today and a survey the association released on Thursday."
3. Beyond the pandemic: A long-term view of healthcare environments' 'new normal' (GBBN)
"As healthcare systems emerge from the initial effects of the pandemic and begin the process of reoccupying their ambulatory facilities, we expect two significant forces to shape these spaces’ ‘new normal’"
4. New Chicago office building is one of the first in the U.S. designed for post COVID-19 environment (Forbes)
"Located in Chicago’s Fulton Market District, Fulton East (215 N. Peoria St.) is a 12-story, 90,000-square-foot office and retail building slated to open late summer 2020. The newly constructed development is also among the first commercial buildings specifically designed for a post COVID-19 world."
5. Harrowing blame game over COVID-19 toll in nursing homes (Associated Press)
"A grim blame game with partisan overtones is breaking out over COVID-19 deaths among nursing home residents, a tiny slice of the population that represents a shockingly high proportion of Americans who have perished in the pandemic. The Trump administration has been pointing to a segment of the industry — facilities with low federal ratings for infection control — and to some Democratic governors who required nursing homes to take recovering coronavirus patients."
6. Without A Trace: For Tenants And Employees, Contact Tracing May Be A Tough Sell (Bisnow)
"Real estate is in a position to play a central part in the rollout of contact tracing technology: The proptech solutions that many owners have integrated into buildings have the ability to track and trace where building users go and with whom they interact."
7. CFOs Look To Further Trim Real Estate Costs (Forbes)
"According to a survey released Monday, chief financial officers are targeting real estate expenses for further cost cuts heading into the second half of the year in the latest indication that the expansion of remote work is here to stay."
Related Stories
Market Data | Dec 5, 2018
ABC predicts construction sector will remain strong in 2019
Job growth, high backlog and healthy infrastructure investment all spell good news for the industry.
Market Data | Dec 4, 2018
Nonresidential spending rises modestly in October
Thirteen out of 16 subsectors are associated with year-over-year increases.
Market Data | Nov 20, 2018
Construction employment rises from October 2017 to October 2018 in 44 states and D.C.
Texas has biggest annual job increase while New Jersey continues losses; Iowa, Florida and California have largest one-month gains as Mississippi and Louisiana trail.
Market Data | Nov 15, 2018
Architecture firm billings continue to slow, but remain positive in October
Southern region reports decline in billings for the first time since June 2012.
Market Data | Nov 14, 2018
A new Joint Center report finds aging Americans less prepared to afford housing
The study foresees a significant segment of seniors struggling to buy or rent on their own or with other people.
Market Data | Nov 12, 2018
Leading hotel markets in the U.S. construction pipeline
Projects already under construction and those scheduled to start construction in the next 12 months, combined, have a total of 3,782 projects/213,798 rooms and are at cyclical highs.
Market Data | Nov 6, 2018
Unflagging national office market enjoys economic tailwinds
Stable vacancy helped push asking rents 4% higher in third quarter.
Market Data | Nov 2, 2018
Nonresidential spending retains momentum in September, up 8.9% year over year
Total nonresidential spending stood at $767.1 billion on a seasonally adjusted, annualized rate in September.
Market Data | Oct 30, 2018
Construction projects planned and ongoing by world’s megacities valued at $4.2trn
The report states that Dubai tops the list with total project values amounting to US$374.2bn.
Market Data | Oct 26, 2018
Nonresidential fixed investment returns to earth in Q3
Despite the broader economic growth, fixed investment inched 0.3% lower in the third quarter.