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

6 must reads for the AEC industry today: July 9, 2020

Market Data

6 must reads for the AEC industry today: July 9, 2020

The world's most sustainable furniture factory and what will construction look like when COVID-19 ends?


By BD+C Editors | July 9, 2020


1. BIG designs The Plus, the world’s most sustainable furniture factory (BD+C) 
"The nearly 70,000-sf open production facility will double as a public 300-acre park for hiking and camping."

2. North America’s construction output to fall by 6.5% in 2020, says GlobalData (GlobalData) 
"Even though all construction activities have been allowed to continue in most parts of the US and Canada since the start of the COVID-19 pandemic, many projects in the bidding or final planning stages have been delayed or canceled."

3. Standards for reducing risk of COVID-19 in senior living communities (BD+C) 
"AIA releases strategies and illustrations for the sector."

4. Construction businesses top one cohort of borrowers under Paycheck Protection Program (BD+C) 
"The loans saved an estimated 17,500 construction jobs."

5. What will construction look like when COVID-19 ends? (Commercial Property Executive)
"Dramatic change is ahead for the construction industry. Here’s what owners, designers and other stakeholders need to know, says the veteran consultant and author Barry LePatner."

6. Virtual apartment showings will play vital role in leasing process even after pandemic ends (National Real Estate Investor)
"In-person tours still account for a far greater share of lease closings. But virtual tours help prospective renters narrow down their choices."

 

Related Stories

Market Data | Aug 18, 2023

Construction soldiers on, despite rising materials and labor costs

Quarterly analyses from Skanska, Mortenson, and Gordian show nonresidential building still subject to materials and labor volatility, and regional disparities. 

Apartments | Aug 14, 2023

Yardi Matrix updates near-term multifamily supply forecast

The multifamily housing supply could increase by up to nearly 7% by the end of 2023, states the latest Multifamily Supply Forecast from Yardi Matrix.

Hotel Facilities | Aug 2, 2023

Top 5 markets for hotel construction

According to the United States Construction Pipeline Trend Report by Lodging Econometrics (LE) for Q2 2023, the five markets with the largest hotel construction pipelines are Dallas with a record-high 184 projects/21,501 rooms, Atlanta with 141 projects/17,993 rooms, Phoenix with 119 projects/16,107 rooms, Nashville with 116 projects/15,346 rooms, and Los Angeles with 112 projects/17,797 rooms.

Market Data | Aug 1, 2023

Nonresidential construction spending increases slightly in June

National nonresidential construction spending increased 0.1% in June, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. Spending is up 18% over the past 12 months. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.07 trillion in June.

Hotel Facilities | Jul 27, 2023

U.S. hotel construction pipeline remains steady with 5,572 projects in the works

The hotel construction pipeline grew incrementally in Q2 2023 as developers and franchise companies push through short-term challenges while envisioning long-term prospects, according to Lodging Econometrics.

Hotel Facilities | Jul 26, 2023

Hospitality building construction costs for 2023

Data from Gordian breaks down the average cost per square foot for 15-story hotels, restaurants, fast food restaurants, and movie theaters across 10 U.S. cities: Boston, Chicago, Las Vegas, Los Angeles, Miami, New Orleans, New York, Phoenix, Seattle, and Washington, D.C.

Market Data | Jul 24, 2023

Leading economists call for 2% increase in building construction spending in 2024

Following a 19.7% surge in spending for commercial, institutional, and industrial buildings in 2023, leading construction industry economists expect spending growth to come back to earth in 2024, according to the July 2023 AIA Consensus Construction Forecast Panel. 

Contractors | Jul 13, 2023

Construction input prices remain unchanged in June, inflation slowing

Construction input prices remained unchanged in June compared to the previous month, 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 were also unchanged for the month.

Contractors | Jul 11, 2023

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

Associated Builders and Contractors reported that its Construction Backlog Indicator remained unchanged at 8.9 months in June 2023, according to an ABC member survey conducted June 20 to July 5. The reading is unchanged from June 2022.

Market Data | Jul 5, 2023

Nonresidential construction spending decreased in May, its first drop in nearly a year

National nonresidential construction spending decreased 0.2% in May, 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 $1.06 trillion.

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. 

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