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

5 must reads for the AEC industry today: August 21, 2020

Market Data

5 must reads for the AEC industry today: August 21, 2020

Student housing in the COVID-19 era and wariness of elevators may stymie office reopening.


By BD+C Editors | August 21, 2020


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

Multifamily Housing | Jan 15, 2024

Multifamily rent growth rate unchanged at 0.3%

The National Multifamily Report by Yardi Matrix highlights the highs and lows of the multifamily market in 2023. Despite strong demand, rent growth remained unchanged at 0.3 percent.

Self-Storage Facilities | Jan 5, 2024

The state of self-storage in early 2024

As the housing market cools down, storage facilities suffer from lower occupancy and falling rates, according to the December 2023 Yardi Matrix National Self Storage Report.

Designers | Dec 25, 2023

Redefining the workplace is a central theme in Gensler’s latest Design Report

The firm identifies eight mega trends that mostly stress human connections.

Contractors | Dec 12, 2023

The average U.S. contractor has 8.5 months worth of construction work in the pipeline, as of November 2023

Associated Builders and Contractors reported today that its Construction Backlog Indicator inched up to 8.5 months in November from 8.4 months in October, according to an ABC member survey conducted Nov. 20 to Dec. 4. The reading is down 0.7 months from November 2022.

Market Data | Nov 27, 2023

Number of employees returning to the office varies significantly by city

While the return-to-the-office trend is felt across the country, the percentage of employees moving back to their offices varies significantly according to geography, according to Eptura’s Q3 Workplace Index.

Market Data | Nov 14, 2023

The average U.S. contractor has 8.4 months worth of construction work in the pipeline, as of September 2023

Associated Builders and Contractors reported that its Construction Backlog Indicator declined to 8.4 months in October from 9.0 months in September, according to an ABC member survey conducted from Oct. 19 to Nov. 2. The reading is down 0.4 months from October 2022. Backlog now stands at its lowest level since the first quarter of 2022.

Multifamily Housing | Nov 9, 2023

Multifamily project completions forecast to slow starting 2026

Yardi Matrix has released its Q4 2023 Multifamily Supply Forecast, emphasizing a short-term spike and plateau of new construction.

Contractors | Nov 1, 2023

Nonresidential construction spending increases for the 16th straight month, in September 2023

National nonresidential construction spending increased 0.3% in September, 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 $1.1 trillion.

Market Data | Oct 23, 2023

New data finds that the majority of renters are cost-burdened

The most recent data derived from the 2022 Census American Community Survey reveals that the proportion of American renters facing housing cost burdens has reached its highest point since 2012, undoing the progress made in the ten years leading up to the pandemic.

Contractors | Oct 19, 2023

Crane Index indicates slowing private-sector construction

Private-sector construction in major North American cities is slowing, according to the latest RLB Crane Index. The number of tower cranes in use declined 10% since the first quarter of 2023. The index, compiled by consulting firm Rider Levett Bucknall (RLB), found that only two of 14 cities—Boston and Toronto—saw increased crane counts.

boombox1 - default
boombox2 -
native1 -

More In Category

Construction Costs

New download: BD+C's April 2024 Market Intelligence Report

Building Design+Construction's monthly Market Intelligence Report offers a snapshot of the health of the U.S. building construction industry, including the commercial, multifamily, institutional, and industrial building sectors. This report tracks the latest metrics related to construction spending, demand for design services, contractor backlogs, and material price trends.




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