1. Sir David Adjaye OBE to receive 2021 Royal Gold Medal for Architecture (RIBA)
" The Royal Gold Medal is approved personally by Her Majesty The Queen and is given to a person or group of people who have had a significant influence 'either directly or indirectly on the advancement of architecture'."
2. SOM reimagines former Cook County Hospital into mixed-use destination (BD+C)
"The reimagined building now includes a new hotel, a food hall, medical offices, and community spaces and is the first phase of a proposed $1 billion redevelopment plan for the area. The building also includes a museum space that will showcase the important role the hospital played for the city and in the field of medicine."
3. Thornton Tomasetti launches T2D2, AI solution company to detect, classify, and monitor deterioration of building envelopes and infrastructure (Thornton Tomasetti)
"T2D2 founder and CEO Badri Hiriyur, Ph.D., director of CORE AI at Thornton Tomasetti, said the AI within T2D2 has been applied to identify visual anomalies and other signatures of deterioration on facades and structures. It analyzes digital images or videos taken by any type of camera (hand-held, fixed or drone-mounted) and can detect and identify conditions of deterioration."
4. U.S. Green Building Council, Green Business Certification Inc. expand resilience resources to support the green building industry (USGBC)
"LEED and GBCI rating systems drive resilience-enhancing strategies to help businesses and governments mitigate climate risks."
5. RedBird Mall co-developer is ready to bring his vision to other languishing U.S. malls (Bisnow)
"The mall is slated to offer South Dallas a solid mix of office, healthcare, retail, entertainment and affordable housing product. The apartments on-site are about 60% complete and developers are grinding away on the underground infrastructure."
6. Millions are house-rich but cash-poor. Wall Street landlords are ready (WSJ)
"Hardships caused by the coronavirus pandemic are likely to force a lot of sales and create new renters."
Related Stories
Market Data | Jun 3, 2016
JLL report: Retail renovation drives construction growth in 2016
Retail construction projects were up nearly 25% year-over-year, and the industrial and office construction sectors fared well, too. Economic uncertainty looms over everything, however.
Market Data | Jun 2, 2016
ABC: Nonresidential construction spending down in April
Lower building material prices, a sluggish U.S. economy, and hesitation among private developers all factor into the 2.1% drop.
Market Data | May 20, 2016
Report: Urban area population growth slows
Older Millennials are looking to buy homes and move away to more affordable suburbs and exurbs.
Market Data | May 17, 2016
Modest growth for AIA’s Architecture Billings Index in April
The American Institute of Architects reported the April ABI score was 50.6, down from the mark of 51.9 in the previous month. This score still reflects an increase in design services.
Market Data | Apr 29, 2016
ABC: Quarterly GDP growth slowest in two years
Bureau of Economic Analysis data indicates that the U.S. output is barely growing and that nonresidential investment is down.
Market Data | Apr 20, 2016
AIA: Architecture Billings Index ends first quarter on upswing
The multi-family residential sector fared the best. The Midwest was the only U.S. region that didn't see an increase in billings.
Building Technology | Apr 11, 2016
A nascent commercial wireless sensor market is poised to ascend in the next decade
Europe and Asia will propel that growth, according to a new report from Navigant.
Industry Research | Apr 7, 2016
CBRE provides latest insight into healthcare real estate investors’ strategies
Survey respondents are targeting smaller acquisitions, at a time when market cap rates are narrowing for different product types.
Market Data | Apr 4, 2016
ABC: Nonresidential spending slip in February no cause for alarm
Spending in the nonresidential sector totaled $690.3 billion on a seasonally adjusted, annualized basis in February. The figure is a step back but still significantly higher than one year ago.
Market Data | Mar 30, 2016
10 trends for commercial real estate: JLL report
The report looks at global threats and opportunities, and how CRE firms are managing their expectations for growth.
