flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

6 must reads for the AEC industry today: July 22, 2020

Market Data

6 must reads for the AEC industry today: July 22, 2020

Phase one of Toronto's The Orbit detailed and architecture billings remains in negative territory.


By BD+C Editors | July 22, 2020


1. Phase one of The Orbit masterplan detailed for Innisfil, Ontario (BD+C) 
"The Orbit is Toronto-based architect Partisans’ vision for a next generation community. Located in the town of Innisfil in Ontario, The Orbit will create a cohesive center for Innisfil that will gravitate and grow around a new regional transit link and cultural center."

2. How design of senior living communities must change after COVID-19 (SmithGroup) 
"While the economic and operational impacts of the novel coronavirus on senior living communities are clear, the social-emotional impacts are perhaps even more critical and challenging to quantitatively measure."

3. Nonresidential building spending to decline through 2021 (AIA) 
"The commercial building sector is expected to be the hardest hit."

4. Architecture billings remain in negative territory, begin to stabilize (AIA) 
"Demand for design services from architecture firms began to stabilize in June, following their peak declines in April, according to a new report today from The American Institute of Architects (AIA)."

5. Why Suburbs, Secondary CRE Markets Will Benefit From the Next Recovery (Commercial Property Executive)
"According to reports by Cushman & Wakefield and Marcus & Millichap, COVID-19 is bolstering a preexisting shift in commercial real estate away from core markets."

6. 'We Were Way High': Reality Of Phased Office Comeback Falls Short Of Landlord Expectations (Bisnow)
"Office space has been open in Massachusetts since Phase 1 of the commonwealth's reopening plan went into effect on May 25, but office workers and their managers aren't rushing to return. That doesn't mean they never will, just that the uncertainty is still too strong."

 

Related Stories

Market Data | Aug 2, 2017

Nonresidential Construction Spending falls in June, driven by public sector

June’s weak construction spending report can be largely attributed to the public sector.

Market Data | Jul 31, 2017

U.S. economic growth accelerates in second quarter; Nonresidential fixed investment maintains momentum

Nonresidential fixed investment, a category of GDP embodying nonresidential construction activity, expanded at a 5.2% seasonally adjusted annual rate.

Multifamily Housing | Jul 27, 2017

Apartment market index: Business conditions soften, but still solid

Despite some softness at the high end of the apartment market, demand for apartments will continue to be substantial for years to come, according to the National Multifamily Housing Council. 

Market Data | Jul 25, 2017

What's your employer value proposition?

Hiring and retaining talent is one of the top challenges faced by most professional services firms.

Market Data | Jul 25, 2017

Moderating economic growth triggers construction forecast downgrade for 2017 and 2018

Prospects for the construction industry have weakened with developments over the first half of the year.

Industry Research | Jul 6, 2017

The four types of strategic real estate amenities

From swimming pools to pirate ships, amenities (even crazy ones) aren’t just perks, but assets to enhance performance.

Market Data | Jun 29, 2017

Silicon Valley, Long Island among the priciest places for office fitouts

Coming out on top as the most expensive market to build out an office is Silicon Valley, Calif., with an out-of-pocket cost of $199.22.

Market Data | Jun 26, 2017

Construction disputes were slightly less contentious last year

But poorly written and administered contracts are still problems, says latest Arcadis report.

Industry Research | Jun 26, 2017

Time to earn an architecture license continues to drop

This trend is driven by candidates completing the experience and examination programs concurrently and more quickly.

Industry Research | Jun 22, 2017

ABC's Construction Backlog Indicator rebounds in 2017

The first quarter showed gains in all categories.

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