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5 must reads for the AEC industry today: May 14, 2020

Market Data

5 must reads for the AEC industry today: May 14, 2020

The good news about rent might not be so good and some hotel developers consider whether to abandon projects.


By BD+C Editors | May 14, 2020


1. House democrats' coronavirus measure provides some relief for contractors, but lacks other steps needed to help construction (AGC)
"Construction official says new highway funding, employee retention credits and pension relief will help, but lack of safe harbor measure, Eextension of unemployment bonus will undermine recovery."

2. Researchers flag insufficient training for construction workers on healthcare projects (BD+C) 
"New research has found that insufficient training for construction workers in hospital settings may contribute to fungal disease outbreaks that endanger patients."

3. The Good News About Rent Might Not Be So Good (CityLab)
"Momentum is building in Congress around a bill that would authorize $100 billion in rental aid for low-income families who are most at risk of losing their homes, writes Kriston Capps, but the White House has other ideas."

4. Some Hotel Developers Start Considering Whether to Abandon Construction Projects (National Real Estate Investor)
"With tourism imploding and lenders wary, some hotels under construction are no longer worth completing."

5. On demand webinar: NIBS COVID-19 Virtual Town Hall - Preparing for Reentering Buildings (National Institute of Building Sciences)
One May 7, the National Institute of Building Sciences hosted a Virtual Town Hall with leaders from across the built environment to address concerns regarding building safety around COVID-19. Stakeholders discussed preparing for safely opening businesses and offices again to workforce and customers. Topics covered will include: 
* Re-population of commercial buildings
* HVAC systems and air circulation
* Public transit and other public infrastructure needs
* Pandemics and the future of cities
* Sanitation standards

 

 

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Transwestern: Market fundamentals and global stimulus driving economic growth

A new report from commercial real estate firm Transwestern indicates steady progress for the U.S. economy. Consistent job gains, wage growth, and consumer spending have offset declining corporate profits, and global stimulus plans appear to be effective.

Market Data | Jun 7, 2016

Global construction disputes took longer to resolve in 2015

The good news: the length and value of disputes in the U.S. fell last year, according to latest Arcadis report.

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JLL report: Retail renovation drives construction growth in 2016

Retail construction projects were up nearly 25% year-over-year, and the industrial and office construction sectors fared well, too. Economic uncertainty looms over everything, however.

Market Data | Jun 2, 2016

ABC: Nonresidential construction spending down in April

Lower building material prices, a sluggish U.S. economy, and hesitation among private developers all factor into the 2.1% drop.

Market Data | May 20, 2016

Report: Urban area population growth slows

Older Millennials are looking to buy homes and move away to more affordable suburbs and exurbs.

Market Data | May 17, 2016

Modest growth for AIA’s Architecture Billings Index in April

The American Institute of Architects reported the April ABI score was 50.6, down from the mark of 51.9 in the previous month. This score still reflects an increase in design services.

Market Data | Apr 29, 2016

ABC: Quarterly GDP growth slowest in two years

Bureau of Economic Analysis data indicates that the U.S. output is barely growing and that nonresidential investment is down.

Market Data | Apr 20, 2016

AIA: Architecture Billings Index ends first quarter on upswing

The multi-family residential sector fared the best. The Midwest was the only U.S. region that didn't see an increase in billings.

Building Technology | Apr 11, 2016

A nascent commercial wireless sensor market is poised to ascend in the next decade

Europe and Asia will propel that growth, according to a new report from Navigant.

Industry Research | Apr 7, 2016

CBRE provides latest insight into healthcare real estate investors’ strategies

Survey respondents are targeting smaller acquisitions, at a time when market cap rates are narrowing for different product types.

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