1. The largest single sloped solar array in the country completes (BD+C)
"The $5 million project includes 4,784 silicon solar panels that cover 133,000 sf across the steel frame of the original 1943 building at a slope of 20 degrees. The panels were installed using an access platform netting material, called the Spider WorkWeb, and attached to the steel skeleton of the original mill building, which envelops the two new construction buildings below."
2. New VA care center showcases the agency’s P3 approach to financing healthcare facilities (BD+C)
"The Omaha facility’s $86 million price tag was defrayed by $30 million in private contributions funneled through the nonprofit Heritage Services, the project’s construction manager, which donated its services and the building to the VA."
3. COVID-19 reboot guide offers strategies for reopening K-12 schools (BD+C)
"The guide includes diagrams that describe how to revamp spaces to make them safer for the return of students."
4. Renewing the healing role of public parks (SmithGroup)
"While we can’t accurately predict all the ways we will respond to the current COVID-19 pandemic, it should provide a moment of reflection as we see all too clearly the consequences of our exploitation and destruction of nature."
5. Urban multifamily dips In Q2 as renters look To lower-cost areas (Bisnow)
"Amid passable renewal rates and a lack of rent growth, some multifamily owners have reported that occupancy in urban multifamily assets fell during the second quarter, reflecting tenants’ shifting priorities in the face of the coronavirus pandemic."
6. Office markets under pressure as coronavirus squeezes cities (WSJ)
"Companies rethink rented space as remote work takes hold; fears of urban malaise begin to swirl."
Related Stories
Industry Research | Apr 25, 2023
The commercial real estate sector shouldn’t panic (yet) about recent bank failures
A new Cushman & Wakefield report depicts a “well capitalized” banking industry that is responding assertively to isolated weaknesses, but is also tightening its lending.
Architects | Apr 21, 2023
Architecture billings improve slightly in March
Architecture firms reported a modest increase in March billings. This positive news was tempered by a slight decrease in new design contracts according to a new report released today from The American Institute of Architects (AIA). March was the first time since last September in which billings improved.
Contractors | Apr 19, 2023
Rising labor, material prices cost subcontractors $97 billion in unplanned expenses
Subcontractors continue to bear the brunt of rising input costs for materials and labor, according to a survey of nearly 900 commercial construction professionals.
Data Centers | Apr 14, 2023
JLL's data center outlook: Cloud computing, AI driving exponential growth for data center industry
According to JLL’s new Global Data Center Outlook, the mass adoption of cloud computing and artificial intelligence (AI) is driving exponential growth for the data center industry, with hyperscale and edge computing leading investor demand.
Healthcare Facilities | Apr 13, 2023
Healthcare construction costs for 2023
Data from Gordian breaks down the average cost per square foot for a three-story hospital across 10 U.S. cities.
Higher Education | Apr 13, 2023
Higher education construction costs for 2023
Fresh data from Gordian breaks down the average cost per square foot for a two-story college classroom building across 10 U.S. cities.
Market Data | Apr 13, 2023
Construction input prices down year-over-year for first time since August 2020
Construction input prices increased 0.2% in March, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics Producer Price Index data released today. Nonresidential construction input prices rose 0.4% for the month.
Market Data | Apr 11, 2023
Construction crane count reaches all-time high in Q1 2023
Toronto, Seattle, Los Angeles, and Denver top the list of U.S/Canadian cities with the greatest number of fixed cranes on construction sites, according to Rider Levett Bucknall's RLB Crane Index for North America for Q1 2023.
Contractors | Apr 11, 2023
The average U.S. contractor has 8.7 months worth of construction work in the pipeline, as of March 2023
Associated Builders and Contractors reported that its Construction Backlog Indicator declined to 8.7 months in March, according to an ABC member survey conducted March 20 to April 3. The reading is 0.4 months higher than in March 2022.
Market Data | Apr 6, 2023
JLL’s 2023 Construction Outlook foresees growth tempered by cost increases
The easing of supply chain snags for some product categories, and the dispensing with global COVID measures, have returned the North American construction sector to a sense of normal. However, that return is proving to be complicated, with the construction industry remaining exceptionally busy at a time when labor and materials cost inflation continues to put pricing pressure on projects, leading to caution in anticipation of a possible downturn. That’s the prognosis of JLL’s just-released 2023 U.S. and Canada Construction Outlook.