1. Snøhetta wins design for the Theodore Roosevelt Presidential Library (BD+C)
"The facility is conceived as a journey through a preserved landscape of diverse habitats, punctuated with small pavilions providing spaces for reflection and activity. Set at the northeast edge of a butte, the landscape is preserved for conservation research while offering a setting for educational walks, leisure, and recreation."
2. ‘Lifestyle’ is adding new color to the select-service hotel sector (BD+C)
"In a new 14-page white paper, WATG Strategy explores the intersection of select-service and lifestyle. “This breed of hotels, when differentiated by design and driven by efficiency, is at once style and lucrative,” the paper’s authors conclude."
3. AIA/HUD Secretary's Awards celebrate affordable, accessible, and well-designed housing (AIA)
"Each year, the AIA and HUD partner to celebrate projects that demonstrate affordable, accessible and well-designed housing, proving that good design is not exclusive."
4. Air cleaners, chemical and UV treatments among tools to safeguard indoor air amid pandemic (BD+C)
"Office buildings can slow the spread by spacing desks at least six feet apart and by implementing a few ventilation measures including increasing outdoor air flow."
5. Tally-whoa! Sizing up the risks of construction lending in the COVID-19 era (Construction Observer)
"Construction lending isn’t easy at the best of times and didn’t earn its market “niche” categorization without financiers suffering some battle scars over the years. Savvy souls sign up to finance a complex, multifaceted process that’s often plagued with delays and cost overruns, among other issues — for a decent return, of course."
6. Could North America's industrial property market be recession proof? (Globe St)
“Although it is too early to accurately predict the pace of recovery, the US industrial market is well positioned to weather the current disruption, Cushman & Wakefield states in a new report."
7. Manhattan’s newest skyscraper is opening up to a dead midtown (Bloomberg via National Real Estate Investor)
"The first tenants at One Vanderbilt, across from Grand Central Terminal, will start moving in by year’s end."
Related Stories
Market Data | Jan 12, 2018
Construction input prices inch down in December, Up YOY despite low inflation
Energy prices have been more volatile lately.
Market Data | Jan 4, 2018
Nonresidential construction spending ticks higher in November, down year-over-year
Despite the month-over-month expansion, nonresidential spending fell 1.3 percent from November 2016.
Contractors | Jan 4, 2018
Construction spending in a ‘mature’ period of incremental growth
Labor shortages are spiking wages. Materials costs are rising, too.
Market Data | Dec 20, 2017
Architecture billings upturn shows broad strength
The American Institute of Architects (AIA) reported the November ABI score was 55.0, up from a score of 51.7 in the previous month.
Market Data | Dec 14, 2017
ABC chief economist predicts stable 2018 construction economy
There are risks to the 2018 outlook as a number of potential cost increases could come into play.
Market Data | Dec 13, 2017
Top world regions and markets in the global hotel construction pipeline
The top world region by project count is North America.
Market Data | Dec 11, 2017
Global hotel construction pipeline is growing
The Total Pipeline stands at 12,427 Projects/2,084,940 Rooms.
Market Data | Dec 11, 2017
Construction backlog surges, sets record in third quarter
CBI is a leading economic indicator that reflects the amount of construction work under contract, but not yet completed.
Market Data | Dec 7, 2017
Buoyed by healthy economy, ABC Index finds contractors upbeat
Despite rising construction labor and materials costs, 55% of contractors expect their profit margins to expand in the first half of 2018.
Market Data | Dec 5, 2017
Top health systems engaged in $21 billion of U.S. construction projects
Largest active projects are by Sutter Health, New York Presbyterian, and Scripps Health.
