AIA, Gilbane, DBIA, and USGBC released major reports last week. Here's a roundup of the latest market news for the nonresidential construction industry.
DESIGN-BUILD PROJECT DELIVERY HOLDS STEADY AT NEARLY 40% OF NONRESIDENTIAL CONSTRUCTION
About 80% of military work is now design-build. Over 40% of commercial and healthcare work, ditto. DBIA study. Read the report
NONRESIDENTIAL CONSTRUCTION FINALLY GAINING MOMENTUM: GILBANE SUMMER ECON REPORT
Growth predicted for second half of 2013 and into 2014. Availability of skilled workers and increasing materials prices will be an issue. Lenders still cautious. Read the report
SLUGGISH GAINS IN ARCHITECT COMPENSATION DUE TO WEAKNESS IN CONSTRUCTION SECTOR: AIA SURVEY
Average annual staff compensation increases from 2011 to 2013 were only a bit more than 1%. Bigger firms pay more in general. Read the report
USGBC JOINS FORCES WITH GREEN SPORTS ALLIANCE TO PROMOTE SUSTAINABLE VENUES
Pro and collegiate sports embracing LEED. 25 venues currently certified. Alliance includes more than 180 pro and collegiate sports teams and venues. Read the report
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| May 22, 2013
Return of retail? Rent growth seen in recovering markets
Like digging a ditch with a spoon, retail demand driven by population growth has eaten away at the supply of available store space in the markets that have been slowest to recover from the downturn. Vacancy rates are reaching a point that will give at least some landlords in every market the clout to demand slightly higher rents.
| May 22, 2013
Architecture billings take a step back in April, ending growth streak
For the first time in 10 months, the AIA's Architecture Billings Index slipped into negative territory, falling to 48.6 in April, down from 51.9 the previous month. This is the ABI's lowest mark since July 2012.
| May 21, 2013
Foster + Partners reveals plans for London residential towers
British firm Foster + Partners has unveiled plans for two residential skyscrapers as part of a mixed-use development in north London.
| May 21, 2013
RSMeans cost comparisons: pools, racquetball courts, bowling alleys, hockey/soccer facilities
Construction market analysts from RSMeans offer construction costs per square foot for four building types across 25 metro markets.
| May 21, 2013
7 tile trends for 2013: Touch-sensitive glazes, metallic tones among top styles
Tile of Spain consultant and ceramic tile expert Ryan Fasan presented his "What's Trending in Tile" roundup at the Coverings 2013 show in Atlanta earlier this month. Here's an overview of Fasan's emerging tile trends for 2013.
| May 20, 2013
4 emerging trends in parking structure design
Survey of parking professionals reveals how technology is transforming the parking industry.
| May 20, 2013
Jones Lang LaSalle: All U.S. real estate sectors to post gains in 2013—even retail
With healthier job growth numbers and construction volumes at near-historic lows, real estate experts at Jones Lang LaSalle see a rosy year for U.S. commercial construction.
| May 17, 2013
First look: HKS' multipurpose stadium for Minnesota Vikings
The Minnesota Sports Facilities Authority (MSFA), the Minnesota Vikings and HKS Sports & Entertainment Group have unveiled the design of the State’s new multi? purpose stadium in Minneapolis, a major milestone in getting the $975 million stadium built on time and on budget.
| May 17, 2013
5 things AEC pros need to know about low-e glass
Low-emissivity glasses are critical to making today’s buildings brighter, more energy-efficient, and more sustainable. Here are five tips to help AEC professionals understand the differences among low-e glasses and their impact on building performance.
