flexiblefullpage
billboard
interstitial1
catfish1
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

Market Data | Oct 9, 2019

Two ULI reports foresee a solid real estate market through 2021

Market watchers, though, caution about a “surfeit” of investment creating a bubble.

Market Data | Oct 4, 2019

Global construction output growth will decline to 2.7% in 2019

It will be the slowest pace of growth in a decade, according to GlobalData.

Market Data | Oct 2, 2019

Spending on nonresidential construction takes a step back in August

Office, healthcare, and public safety are among the fastest-growing sectors, according to the U.S. Census Bureau's latest report. 

Market Data | Sep 27, 2019

The global hotel construction pipeline ascends to new record highs

With the exception of Latin America, all regions of the globe either continued to set record high pipeline counts or have already settled into topping-out formations amidst concerns of a worldwide economic slowdown.

Market Data | Sep 25, 2019

Senate introduces The School Safety Clearinghouse Act

Legislation would create a federally funded and housed informational resource on safer school designs.

Market Data | Sep 18, 2019

Substantial decline in Architecture Billings

August report suggests greatest weakness in design activity in several years.

Market Data | Sep 17, 2019

ABC’s Construction Backlog Indicator inches lower in July

Backlog in the heavy industrial category increased by 2.3 months and now stands at its highest level in the history of the CBI series.

Market Data | Sep 13, 2019

Spending on megaprojects, already on the rise, could spike hard in the coming years

A new FMI report anticipates that megaprojects will account for one-fifth of annual construction spending within the next decade.

Architects | Sep 11, 2019

Buoyed by construction activity, architect compensation continues to see healthy gains

The latest AIA report breaks down its survey data by 44 positions and 28 metros.

Market Data | Sep 11, 2019

New 2030 Commitment report findings emphasize need for climate action

Profession must double down on efforts to meet 2030 targets.

boombox1
boombox2
native1

More In Category



Construction Costs

New download: BD+C's May 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