flexiblefullpage -
billboard - default
interstitial1 - interstitial
catfish1 - bottom
Currently Reading

6 must reads for the AEC industry today: August 18, 2020

Market Data

6 must reads for the AEC industry today: August 18, 2020

The world's first AI-driven facade system and LA's Greek Theatre restoriation completes.


By BD+C Editors | August 18, 2020


1. New Sydney towers will have the world’s first AI-driven facade system (BD+C)
"The project will comprise approximately 1.6 million sf of office and retail space and be one of the most sustainable commercial developments in Australia, powered by 100% renewable energy, with workplace environments that integrate nature and a range of amenities."

2. LA’s Greek Theater restoration completes (BD+C)
"The renovation project for the 90-year-old theatre began in 2015 after the Greek Revival-inspired architecture began to lose its historic luster."

3. Covid-19 and campus life: Where do we go from here? (LS3P) 
"Functioning as towns and cities within greater communities, higher education institutions uniquely provide comprehensive services to students, faculty, and staff as well as local municipalities including academic, research, workplace, residential, wellness, healthcare, food service, transportation, and entertainment facilities and services."

4. ASCE seeks comments on seismic standard (BD+C) 
"ASCE’s second public comment period on the update to ASCE/SEI 43-XX Seismic Design Criteria for Structures, Systems, and Components in Nuclear Facilities will be held from August 7, 2020 to September 21, 2020. Changes to the standard were made by a committee after the first public comment period."

5. Universities face half-empty student housing as fall semester approaches (Bisnow)
"Fall is approaching, and universities around the country are mobilizing their resources to manage the return of students to campus during an active pandemic. Many will not return full time, opting instead for a hybrid of in-person and online learning."

6. Busted retailers use bankruptcy to break leases by the thousands (Bloomberg via National Real Estate Investor)
"Chains from J. Crew to Ann Taylor are using bankruptcy filings to avoid protracted negotiations with individual landlords."

 

Related Stories

Contractors | Jun 13, 2023

The average U.S. contractor has 8.9 months worth of construction work in the pipeline, as of May 2023

Associated Builders and Contractors reported that its Construction Backlog Indicator remained unchanged at 8.9 months in May, according to an ABC member survey conducted May 20 to June 7. The reading is 0.1 months lower than in May 2022. Backlog in the infrastructure category ticked up again and has now returned to May 2022 levels. On a regional basis, backlog increased in every region but the Northeast.

Industry Research | Jun 13, 2023

Two new surveys track how the construction industry, in the U.S. and globally, is navigating market disruption and volatility

The surveys, conducted by XYZ Reality and KPMG International, found greater willingness to embrace technology, workplace diversity, and ESG precepts.

| Jun 5, 2023

Communication is the key to AEC firms’ mental health programs and training

The core of recent awareness efforts—and their greatest challenge—is getting workers to come forward and share stories.

Contractors | May 24, 2023

The average U.S. contractor has 8.9 months worth of construction work in the pipeline, as of April 2023

Contractor backlogs climbed slightly in April, from a seven-month low the previous month, according to Associated Builders and Contractors.

Multifamily Housing | May 23, 2023

One out of three office buildings in largest U.S. cities are suitable for residential conversion

Roughly one in three office buildings in the largest U.S. cities are well suited to be converted to multifamily residential properties, according to a study by global real estate firm Avison Young. Some 6,206 buildings across 10 U.S. cities present viable opportunities for conversion to residential use.

Industry Research | May 22, 2023

2023 High Growth Study shares tips for finding success in uncertain times

Lee Frederiksen, Managing Partner, Hinge, reveals key takeaways from the firm's recent High Growth study. 

Multifamily Housing | May 8, 2023

The average multifamily rent was $1,709 in April 2023, up for the second straight month

Despite economic headwinds, the multifamily housing market continues to demonstrate resilience, according to a new Yardi Matrix report. 

Market Data | May 2, 2023

Nonresidential construction spending up 0.7% in March 2023 versus previous month

National nonresidential construction spending increased by 0.7% in March, 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 $997.1 billion for the month.

Hotel Facilities | May 2, 2023

U.S. hotel construction up 9% in the first quarter of 2023, led by Marriott and Hilton

In the latest United States Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts report that construction pipeline projects in the U.S. continue to increase, standing at 5,545 projects/658,207 rooms at the close of Q1 2023. Up 9% by both projects and rooms year-over-year (YOY); project totals at Q1 ‘23 are just 338 projects, or 5.7%, behind the all-time high of 5,883 projects recorded in Q2 2008.

Market Data | May 1, 2023

AEC firm proposal activity rebounds in the first quarter of 2023: PSMJ report

Proposal activity for architecture, engineering and construction (A/E/C) firms increased significantly in the 1st Quarter of 2023, according to PSMJ’s Quarterly Market Forecast (QMF) survey. The predictive measure of the industry’s health rebounded to a net plus/minus index (NPMI) of 32.8 in the first three months of the year. 

boombox1 - default
boombox2 -
native1 -

More In Category


AEC Tech

Lack of organizational readiness is biggest hurdle to artificial intelligence adoption

Managers of companies in the industrial sector, including construction, have bought the hype of artificial intelligence (AI) as a transformative technology, but their organizations are not ready to realize its promise, according to research from IFS, a global cloud enterprise software company. An IFS survey of 1,700 senior decision-makers found that 84% of executives anticipate massive organizational benefits from AI. 



Construction Costs

New download: BD+C's April 2024 Market Intelligence Report

Building Design+Construction's monthly Market Intelligence Report offers a snapshot of the health of the U.S. building construction industry, including the commercial, multifamily, institutional, and industrial building sectors. This report tracks the latest metrics related to construction spending, demand for design services, contractor backlogs, and material price trends.

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