Construction market news was mostly positive last week, with the AIA, AGC, and Census Bureau all seeing an uptick in key metrics. Here's a recap of the top construction market news for the week of September 15, 2013:
CONSTRUCTION SPENDING HITS FOUR-YEAR HIGH IN JULY
According an Associated General Contractors of America analysis of July Census Bureau data, single and multifamily residential spending have been strong, with hospitality, warehouses, and power infrastructure among the hot nonresidential categories. http://www.bdcnetwork.com/construction-spending-hits-four-year-high-july-agc-report
AUGUST HOUSING STARTS REVEAL MULTIFAMILY STILL HEALTHY BUT SINGLE-FAMILY STAGNATING
As analyzed by Auction.com Research, Census Bureau stats for August provided a bit of contrast from the report mentioned above, with single family starting to lag but multifamily remaining at "healthy levels." http://www.bdcnetwork.com/august-housing-starts-reveal-multifamily-still-healthy-single-family-stagnating
AIA SEES UPTICK IN ARCHITECTURE BILLINGS FOR AUGUST
Monthly ABI was 53.8, up from 52.7 in July (any score above 50 indicates an increase in billings). The number has improved in eleven of the past twelve months. http://www.bdcnetwork.com/aia-sees-uptick-architecture-billings-august
U.S. ROOFING DEMAND PREDICTED TO RISE, DRIVEN BY NEW CONSTRUCTION
Aside from asphalt shingles (mostly a residential product), favorable categories include roofing tile, plastics, and metal roofing products. http://www.bdcnetwork.com/us-roofing-demand-predicted-rise-driven-new-construction
43% OF ENERGY LEADERS WILL INVEST MORE IN EFFICIENCY NEXT YEAR
Schneider Electric survey includes responses from people in the business and government sectors. Tracking and analyzing energy-use data and energy audits were the most popular energy management approaches; building automation, efficient lighting, and data center efficiency are mentioned as growth areas. http://www.bdcnetwork.com/forty-three-percent-energy-leaders-will-invest-more-efficiency-next-year-infographic-0
BIG PROJECTS OF NOTE:
* World's first "invisible" tower planned for Seoul, South Korea. "Cloaking" facade made of LED projectors and optical cameras will render the building transparent if desired. http://www.bdcnetwork.com/worlds-first-invisible-tower-planned-south-korea
* BIG and MVVA collaborate on proposal for Pier 6 development at Brooklyn Bridge Park. http://www.bdcnetwork.com/first-look-bigmvva-proposal-pier-6-brooklyn-bridge-park
* Suffolk Downs announces plan to build $1 billion "green" casino in Boston. http://www.bdcnetwork.com/proposed-boston-casino-development-approval-will-depend-partly-sustainability
Related Stories
Sponsored | | Oct 29, 2014
Historic Washington elementary school incorporates modular design
More and more architects and designers are leveraging modern modular building techniques for expansion projects planned on historical sites. SPONSORED CONTENT
| Oct 29, 2014
Diller Scofidio + Renfro selected to design Olympic Museum in Colorado Springs
The museum is slated for an early 2018 completion, and will include a hall of fame, theater, retail space, and a 20,000-sf hall that will showcase the history of the Olympics and Paralympics.
Smart Buildings | Oct 29, 2014
SCAPE’s 'living breakwaters' resiliency development wins 2014 Buckminster Fuller Challenge
New York-based landscape architecture firm SCAPE won the Buckminster Fuller Institute’s 2014 Fuller Challenge, billed as socially responsible design’s highest award.
| Oct 28, 2014
4 keys to mastering 'design thinking' and the iteration process
When using design thinking and iteration, we’ll sometimes spend multiple days iterating idea after idea, heads down, only to realize we still don’t have it right, writes HDR's Amy Lussetto. She offers tips for success with these idea-nurturing tools.
| Oct 28, 2014
Miami accepts more modest plan to renovate its convention center
The city of Miami has awarded an $11 million contract for its on-again, off-again convention center renovation to Denver-based Fentress Architects, which will serve as the design criteria professional on this project.
| Oct 27, 2014
Davis, Calif., latest city to join race to develop 'innovation hubs'
The city plans to develop two "innovation centers" with a total of seven million sf of commercial space geared for local research and technology companies.
| Oct 27, 2014
Report estimates 1.2 million people experience LEED-certified retail centers daily
The "LEED In Motion: Retail" report includes USGBC’s conceptualization of the future of retail, emphasizing the economic and social benefit of green building for retailers of all sizes and types.
| Oct 27, 2014
Top 10 green building products for 2015
Among the breakthrough products to make BuildingGreen's annual Top-10 Green Building Products list are halogen-free polyiso insulation and a high-flow-rate biofiltration system.
| Oct 27, 2014
Studio Gang Architects designs residential tower with exoskeleton-like exterior for Miami
Jeanne Gang's design reinvents the Florida room with shaded, asymmetrical balconies.
| Oct 26, 2014
New York initiates design competition for upgrading LaGuardia, Kennedy airports
New York Gov. Andrew Cuomo said that the state would open design competitions to fix and upgrade New York City’s aging airports. But financing construction is still unsettled.