1. Warehouses Are the New Darling of Commercial Real-Estate Thanks to a Surge in E-Commerce (Business Insider)
“The U.S. market for warehouse spaces could surge as the coronavirus crisis crams years of online shopping adoption into just a few months.”
2. Here’s What Designers and Architects Anticipate Schools Will Look Like in the Fall and After COVID-19 (Spaces4learning)
"Spaces4Learning, which covers trends in educational facilities design and management, asked designers and architects from across the country what they anticipate classrooms will look like in the fall if they were to reopen, and how the coronavirus will impact school design in the long-term."
3. Why Multifamily Rents are Holding Up Better than Expected (National Real Estate Investor)
"A feared collapse in apartment rent collections amid the COVID-19 shutdowns has failed to materialize. But can that streak last?"
4. Trust CEO: Hotel Operators Not 'Receiving Any Income For The Remainder Of Year Of Any Kind' (Bisnow)
"Trust Hospitality CEO Richard Millard said the coronavirus has eliminated his company's revenue. Trust operates 31 boutique hotels, and as an operator, he said 2021 might be the next time his company takes in revenue."
5. Creepy Technologies Invade European Post-Pandemic Workplaces (Bloomberg, National Real Estate Investor)
"Businesses are walking a fine line between keeping people safe and protecting their privacy."
6. Katerra Names New CEO As SoftBank Infuses Another $200M (Bisnow)
"Prefab construction startup Katerra has brought on a new CEO and hundreds of millions of dollars more in capital from SoftBank."
7. Facebook’s Offices Will Be 75% Quieter When They Reopen In July (Forbes)
“Facebook is introducing a raft of social distancing measures in its offices as it prepares to welcome a limited number of employees back from July 6, according to people familiar with the matter who spoke to Bloomberg.”
Related Stories
Construction Costs | Sep 28, 2023
U.S. construction market moves toward building material price stabilization
The newly released Quarterly Construction Cost Insights Report for Q3 2023 from Gordian reveals material costs remain high compared to prior years, but there is a move towards price stabilization for building and construction materials after years of significant fluctuations. In this report, top industry experts from Gordian, as well as from Gilbane, McCarthy Building Companies, and DPR Construction weigh in on the overall trends seen for construction material costs, and offer innovative solutions to navigate this terrain.
Data Centers | Sep 21, 2023
North American data center construction rises 25% to record high in first half of 2023, driven by growth of artificial intelligence
CBRE’s latest North American Data Center Trends Report found there is 2,287.6 megawatts (MW) of data center supply currently under construction in primary markets, reaching a new all-time high with more than 70% already preleased.
Contractors | Sep 12, 2023
The average U.S. contractor has 9.2 months worth of construction work in the pipeline, as of August 2023
Associated Builders and Contractors' Construction Backlog Indicator declined to 9.2 months in August, down 0.1 month, according to an ABC member survey conducted from Aug. 21 to Sept. 6. The reading is 0.5 months above the August 2022 level.
Contractors | Sep 11, 2023
Construction industry skills shortage is contributing to project delays
Relatively few candidates looking for work in the construction industry have the necessary skills to do the job well, according to a survey of construction industry managers by the Associated General Contractors of America (AGC) and Autodesk.
Market Data | Sep 6, 2023
Far slower construction activity forecast in JLL’s Midyear update
The good news is that market data indicate total construction costs are leveling off.
Giants 400 | Sep 5, 2023
Top 80 Construction Management Firms for 2023
Alfa Tech, CBRE Group, Skyline Construction, Hill International, and JLL top the rankings of the nation's largest construction management (as agent) and program/project management firms for nonresidential buildings and multifamily housing work, as reported in Building Design+Construction's 2023 Giants 400 Report.
Giants 400 | Sep 5, 2023
Top 150 Contractors for 2023
Turner Construction, STO Building Group, DPR Construction, Whiting-Turner Contracting Co., and Clark Group head the ranking of the nation's largest general contractors, CM at risk firms, and design-builders for nonresidential buildings and multifamily buildings work, as reported in Building Design+Construction's 2023 Giants 400 Report.
Market Data | Sep 5, 2023
Nonresidential construction spending increased 0.1% in July 2023
National nonresidential construction spending grew 0.1% in July, 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 $1.08 trillion and is up 16.5% year over year.
Giants 400 | Aug 31, 2023
Top 35 Engineering Architecture Firms for 2023
Jacobs, AECOM, Alfa Tech, Burns & McDonnell, and Ramboll top the rankings of the nation's largest engineering architecture (EA) firms for nonresidential buildings and multifamily buildings work, as reported in Building Design+Construction's 2023 Giants 400 Report.
Giants 400 | Aug 22, 2023
Top 115 Architecture Engineering Firms for 2023
Stantec, HDR, Page, HOK, and Arcadis North America top the rankings of the nation's largest architecture engineering (AE) firms for nonresidential building and multifamily housing work, as reported in Building Design+Construction's 2023 Giants 400 Report.
