1. Former jail to be reimagined and integrated into Dallas’s Harold Simmons Park (BD+C)
"The Trinity Park Conservancy has selected Weiss/Manfredi to reimagine the former Jesse R. Dawson State Jail at 106 W Commerce Street. Malone Maxwell Dennehy Architects will serve as the local architect."
2. Student housing in the COVID-19 era (Ghafari)
"Recent data about the spread of COVID-19 identifies face-to-face interactions (and respiratory droplet transfer) as the primary means of transmission. This same research shows that the virus does not live long on common surfaces. This leaves student housing professionals and designers to focus on reducing face-to-face interactions and droplet transfer while preserving the residence hall’s vital role in recruitment, social engagement, campus community, and ultimately, student success."
3. Wariness of elevators may stymie office reopening (BD+C)
"That could result in hundreds of billions of dollars’ worth of office real estate continuing to go largely unoccupied. Cities and employers have taken steps to reduce risk, but they may not be enough."
4. Pandemic puts developers under the gun to lease new office towers (Bisnow)
"The coronavirus pandemic has complicated leasing efforts for office buildings that are trying to open for tenants this year. Those projects have lenders who expect their borrowers to fill up their towers within a certain amount of time, achieving a value greater than the cost to develop them."
5. Empty apartments in Manhattan reach record high, topping 13,000 (CNBC)
"The number of apartments for rent, or listing inventory, more than doubled over last year and set a record for the 14 years since data started being collected, according to a report from Douglas Elliman and Miller Samuel."
Related Stories
Contractors | Sep 10, 2024
The average U.S. contractor has 8.2 months worth of construction work in the pipeline, as of August 2024
Associated Builders and Contractors reported today that its Construction Backlog Indicator fell to 8.2 months in August, according to an ABC member survey conducted Aug. 20 to Sept. 5. The reading is down 1.0 months from August 2023.
Giants 400 | Sep 6, 2024
Top 100 Architecture Engineering Firms for 2024
Stantec, HDR, Page, HOK, and Arcadis North America top Building Design+Construction's ranking of the nation's largest architecture engineering (AE) firms for nonresidential building and multifamily housing work, as reported in BD+C's 2024 Giants 400 Report.
Contractors | Aug 21, 2024
The average U.S. contractor has 8.4 months worth of construction work in the pipeline, as of July 2024
Associated Builders and Contractors reported today that its Construction Backlog Indicator held steady at 8.4 months in July, according to an ABC member survey conducted July 22 to Aug. 6. The reading is down 0.9 months from July 2023.
MFPRO+ Research | Aug 9, 2024
Apartment completions to surpass 500,000 for first time ever
While the U.S. continues to maintain a steady pace of delivering new apartments, this year will be one for the record books.
Contractors | Aug 1, 2024
Nonresidential construction spending decreased 0.2% in June
National nonresidential construction spending declined 0.2% in June, 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 $1.21 trillion. Nonresidential construction has expanded 5.3% from a year ago.
Office Buildings | Jul 22, 2024
U.S. commercial foreclosures increased 48% in June from last year
The commercial building sector continues to be under financial pressure as foreclosures nationwide increased 48% in June compared to June 2023, according to ATTOM, a real estate data analysis firm.
Construction Costs | Jul 18, 2024
Data center construction costs for 2024
Gordian’s data features more than 100 building models, including computer data centers. These localized models allow architects, engineers, and other preconstruction professionals to quickly and accurately create conceptual estimates for future builds. This table shows a five-year view of costs per square foot for one-story computer data centers.
Healthcare Facilities | Jul 16, 2024
Watch on-demand: Key Trends in the Healthcare Facilities Market for 2024-2025
Join the Building Design+Construction editorial team for this on-demand webinar on key trends, innovations, and opportunities in the $65 billion U.S. healthcare buildings market. A panel of healthcare design and construction experts present their latest projects, trends, innovations, opportunities, and data/research on key healthcare facilities sub-sectors. A 2024-2025 U.S. healthcare facilities market outlook is also presented.
Market Data | Jul 16, 2024
Construction spending expected to rise, despite labor and materials snags
In the first half of 2024, construction costs stabilized. And through the remainder of this year, total cost growth is projected to be modest, and matched by an overall increase in construction spending. That prediction can be found in JLL’s 2024 Midyear Construction Update and Reforecast.
Healthcare Facilities | Jul 11, 2024
New download: BD+C's 2024 Healthcare Annual Report
Welcome to Building Design+Construction’s 2024 Healthcare Annual Report. This free 66-page special report is our first-ever “state of the state” update on the $65 billion healthcare construction sector.