1. The pillars of work (GBBN)
"The workplace will most certainly look different in the future, but how different it looks will be unique to every organization. There (still) is no one-size-fits-all solution."
2. 'Lakehouse' is the first multifamily project in Colorado to receive WELL Precertification (BD+C)
"new 12-story, 196-unit mixed-use condominium and rowhome community has become the first multifamily project in Colorado to earn WELL Precertification under the WELL Building Standard."
3. New NIBS report evaluates natural disaster mitigation strategies (BD+C)
"The document addresses strengthening buildings for flood, wind, wildfires, and earthquakes. It examines building code requirements, federal grants, and retrofit strategies. Its goal is to help communities, building owners, and representatives in the private finance, insurance, and real estate industries initiate a greater mitigation dialogue."
4. Death of the office (The Economist)
"As the pandemic leaves offices around the world empty, Catherine Nixey asks what was the point of them anyway?"
5. Sloan Publishes Building Commissioning Guide Outlining How to Prepare Commercial Restrooms Prior to Building Re-Opening from COVID-19 (Sloan)
"There are serious risks associated with prolonged system inactivity. Water that sits in plumbing lines for extended periods of time becomes stagnant, which could lead to elevated levels of lead and copper. This water also has the potential to contain little to no residual disinfectant, leading to elevated levels of bacteria and other microbiological contaminants."
6. Will You Want to Go Straight Back Into the Crowd? (New York Times)
"Planners once dreamed of cities with vast empty plazas and quiet streets. Post-pandemic, might they do so again?"
7. Report Addresses UV Technology in Fighting Coronavirus (Maintenance & Operations)
"In response to a wave of seemingly conflicting statements and opinions about the disinfection capabilities and safety of GUV (germicidal ultraviolet light), the Illuminating Engineering Society (IES) recently issued a report explaining GUV disinfection and its potential to safely reduce the transmission of SARS-CoV-2, the virus that causes COVID-19."
Related Stories
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.
Market Data | Apr 4, 2023
Nonresidential construction spending up 0.4% in February 2023
National nonresidential construction spending increased 0.4% in February, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $982.2 billion for the month, up 16.8% from the previous year.
Multifamily Housing | Mar 24, 2023
Average size of new apartments dropped sharply in 2022
The average size of new apartments in 2022 dropped sharply in 2022, as tracked by RentCafe. Across the U.S., the average new apartment size was 887 sf, down 30 sf from 2021, which was the largest year-over-year decrease.
Multifamily Housing | Mar 14, 2023
Multifamily housing rent rates remain flat in February 2023
Multifamily housing asking rents remained the same for a second straight month in February 2023, at a national average rate of $1,702, according to the new National Multifamily Report from Yardi Matrix. As the economy continues to adjust in the post-pandemic period, year-over-year growth continued its ongoing decline.
Contractors | Mar 14, 2023
The average U.S. contractor has 9.2 months worth of construction work in the pipeline, as of February 2023
Associated Builders and Contractors reported today that its Construction Backlog Indicator increased to 9.2 months in February, according to an ABC member survey conducted Feb. 20 to March 6. The reading is 1.2 months higher than in February 2022.
Industry Research | Mar 9, 2023
Construction labor gap worsens amid more funding for new infrastructure, commercial projects
The U.S. construction industry needs to attract an estimated 546,000 additional workers on top of the normal pace of hiring in 2023 to meet demand for labor, according to a model developed by Associated Builders and Contractors. The construction industry averaged more than 390,000 job openings per month in 2022.
Market Data | Mar 7, 2023
AEC employees are staying with firms that invest in their brand
Hinge Marketing’s latest survey explores workers’ reasons for leaving, and offers strategies to keep them in the fold.
Multifamily Housing | Feb 21, 2023
Multifamily housing investors favoring properties in the Sun Belt
Multifamily housing investors are gravitating toward Sun Belt markets with strong job and population growth, according to new research from Yardi Matrix. Despite a sharp second-half slowdown, last year’s nationwide $187 billion transaction volume was the second-highest annual total ever.
Contractors | Feb 14, 2023
The average U.S. contractor has nine months worth of construction work in the pipeline
Associated Builders and Contractors reports today that its Construction Backlog Indicator declined 0.2 months to 9.0 in January, according to an ABC member survey conducted Jan. 20 to Feb. 3. The reading is 1.0 month higher than in January 2022.
Office Buildings | Feb 9, 2023
Post-Covid Manhattan office market rebound gaining momentum
Office workers in Manhattan continue to return to their workplaces in sufficient numbers for many of their employers to maintain or expand their footprint in the city, according to a survey of more than 140 major Manhattan office employers conducted in January by The Partnership for New York City.
