flexiblefullpage -
billboard - default
interstitial1 - interstitial
catfish1 - bottom
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

Industry Research | Jul 26, 2016

AIA consensus forecast sees construction spending on rise through next year

But several factors could make the industry downshift.

Architects | Jul 20, 2016

AIA: Architecture Billings Index remains on solid footing

The June ABI score was down from May, but the figure was positive for the fifth consecutive month.   

Market Data | Jul 7, 2016

Airbnb alleged to worsen housing crunch in New York City

Allegedly removing thousands of housing units from market, driving up rents.

Market Data | Jul 6, 2016

Construction spending falls 0.8% from April to May

The private and public sectors have a combined estimated seasonally adjusted annual rate of $1.14 trillion.

Market Data | Jul 6, 2016

A thriving economy and influx of businesses spur construction in downtown Seattle

Development investment is twice what it was five years ago. 

Multifamily Housing | Jul 5, 2016

Apartments continue to shrink, rents continue to rise

Latest survey by RENTCafé tracks size changes in 95 metros. 

Multifamily Housing | Jun 22, 2016

Can multifamily construction keep up with projected demand?

The Joint Center for Housing Studies’ latest disection of America’s housing market finds moderate- and low-priced rentals in short supply.

Contractors | Jun 21, 2016

Bigness counts when it comes to construction backlogs

Large companies that can attract talent are better able to commit to more work, according to a national trade group for builders and contractors.

Market Data | Jun 14, 2016

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.

boombox1 - default
boombox2 -
native1 -

More In Category



AEC Tech

Lack of organizational readiness is biggest hurdle to artificial intelligence adoption

Managers of companies in the industrial sector, including construction, have bought the hype of artificial intelligence (AI) as a transformative technology, but their organizations are not ready to realize its promise, according to research from IFS, a global cloud enterprise software company. An IFS survey of 1,700 senior decision-makers found that 84% of executives anticipate massive organizational benefits from AI. 


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