flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

7 must reads for the AEC industry today: June 23, 2020

Market Data

7 must reads for the AEC industry today: June 23, 2020

Gyms are going bacnkrupt and leaving gaps in shopping centers and how hotels are trying to keep guests and employees safe.


By BD+C Editors | June 23, 2020


1. Natl. Renewable Energy Labs, Cold Climate Research Ctr. team up on extreme weather research (BD+C) 
"The U.S. Department of Energy’s (DOE’s) National Renewable Energy Laboratory (NREL) has expanded its collaboration with Alaska’s Cold Climate Housing Research Center (CCHRC)."

2. New House infrastructure package will provide needed investments in aging infrastructure, support economic recovery, and create jobs (AGC)
"The Moving Forward Act’s proposed $1.5 trillion in new investments will improve range of public infrastructure, creating needed demand for construction while making the economy more efficient."

3. 7 choices for work environments that underscore the need to respond, not react (NBBJ) 
"During a time of unknown, humans desperately want answers. When we’re inundated with information and anxious about the world around us, we often look for quick solutions."

4. Gyms were the belle of the retail ball. Now they're going bankrupt and leaving gaps in shopping centers (Bisnow)
"Before the coronavirus pandemic hit in March, fitness gyms across the U.S. served as consistent traffic drivers for shopping centers that could no longer rely solely on traditional retailers to attract patrons."

5. 89% of apartment households paid rent as of June 13 (The National Multifamily Housing Council)
"The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 89.0 percent of apartment households made a full or partial rent payment by June 13 in its survey of 11.4 million units of professionally managed apartment units across the country. This is a 0.1-percentage point increase from the share who paid rent through June 13, 2019 and compares to 87.7 percent that had paid by May 13, 2020."

6. How hotels are trying to keep guests and employees safe (National Real Estate Investor) 
"Guidelines are in the market, although not all properties seem to be applying best practices."

7. Low office occupancy delays hard choices about elevators and stairwells (Bisnow) 
"Though many of the country’s stay-at-home orders have begun to lift, the return to the workplace has been slow for many employees. Property management companies are finding that many office tenants are being cautious in their return, with building occupancy rarely surpassing 25%."

 

Related Stories

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.

Market Data | Oct 24, 2018

Architecture firm billings slow but remain positive in September

Billings growth slows but is stable across sectors.

Market Data | Oct 19, 2018

New York’s five-year construction spending boom could be slowing over the next two years

Nonresidential building could still add more than 90 million sf through 2020.

Market Data | Oct 8, 2018

Global construction set to rise to US$12.9 trillion by 2022, driven by Asia Pacific, Africa and the Middle East

The pace of global construction growth is set to improve slightly to 3.7% between 2019 and 2020.

Market Data | Sep 25, 2018

Contractors remain upbeat in Q2, according to ABC’s latest Construction Confidence Index

More than three in four construction firms expect that sales will continue to rise over the next six months, while three in five expect higher profit margins.

Market Data | Sep 24, 2018

Hotel construction pipeline reaches record highs

There are 5,988 projects/1,133,017 rooms currently under construction worldwide.

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