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

6 must reads for the AEC industry today: May 11, 2020

Market Data

6 must reads for the AEC industry today: May 11, 2020

Nashville residential tower will rise 416 feet and the construction industry loses 975,000 jobs.


By BD+C Staff | May 11, 2020


1. Nashville's newest residential tower will rise 416 feet (BD+C) 
"A new residential tower, dubbed Alcove, set to rise at 900 Church Street in Nashville will be the first residential building adjacent to the 17-acre Nashville Yards development."

2. Data centers as a service: The next big opportunity for design teams (VIATechnik blog) 
"As data centers compete to process more data with lower latency, the AEC industry is ideally positioned to develop design standards that ensure long-term flexibility."

3. OZ Architecture releases insight report on future of senior living design (OZ Architecture) 
"In recent years, many older adult communities have shifted away from the healthcare-oriented design of skilled nursing and hospitals in favor of spaces that provide a greater sense of community and emotional well-being. However, new design challenges have arrived as highlighted by the COVID-19 pandemic, showing that older adult populations can be highly susceptible to disease and infection spread in common living communities."

4. Construction industry loses 975,000 jobs in April as new association survey shows deteriorating demand for construction projects (AGC) 
"
The economist said the loss of 975,000 construction jobs from March to April constituted nearly 13% of the industry’s employment and was, by far, the worst one-month decline ever. He added that unemployment among workers with recent construction experience soared by 1.1 million from a year earlier, to 1,531,000, while the unemployment rate in construction jumped from 4.7% in April 2019 to 16.6%."

5. While Luxury Buyers Chase ‘COVID Discount,' Developers Insist Prices Can't Go Any Lower (Bisnow)
"Developers in New York City with pricey luxury apartments to sell were facing an uphill battle in 2020, faced with a supply glut and waning demand. The hill has only gotten steeper the last two months."

6. ‘This Is The Moment’: Tenant Advocates Look To Use Economic Pain To Make Gains (Bisnow)
"While a feared collapse — or a mass strike — in residential rent and mortgage payments didn't materialize this month, housing activists plan to keep the pressure on all levels of government to cancel monthly housing payments until the pandemic has subsided."

 

Related Stories

Giants 400 | Sep 5, 2023

Top 80 Construction Management Firms for 2023

Alfa Tech, CBRE Group, Skyline Construction, Hill International, and JLL top the rankings of the nation's largest construction management (as agent) and program/project management firms for nonresidential buildings and multifamily housing work, as reported in Building Design+Construction's 2023 Giants 400 Report.

Giants 400 | Sep 5, 2023

Top 150 Contractors for 2023

Turner Construction, STO Building Group, DPR Construction, Whiting-Turner Contracting Co., and Clark Group head the ranking of the nation's largest general contractors, CM at risk firms, and design-builders for nonresidential buildings and multifamily buildings work, as reported in Building Design+Construction's 2023 Giants 400 Report.

Market Data | Sep 5, 2023

Nonresidential construction spending increased 0.1% in July 2023

National nonresidential construction spending grew 0.1% in July, 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 $1.08 trillion and is up 16.5% year over year.  

Giants 400 | Aug 31, 2023

Top 35 Engineering Architecture Firms for 2023

Jacobs, AECOM, Alfa Tech, Burns & McDonnell, and Ramboll top the rankings of the nation's largest engineering architecture (EA) firms for nonresidential buildings and multifamily buildings work, as reported in Building Design+Construction's 2023 Giants 400 Report.

Giants 400 | Aug 22, 2023

Top 115 Architecture Engineering Firms for 2023

Stantec, HDR, Page, HOK, and Arcadis North America top the rankings of the nation's largest architecture engineering (AE) firms for nonresidential building and multifamily housing work, as reported in Building Design+Construction's 2023 Giants 400 Report.

Giants 400 | Aug 22, 2023

2023 Giants 400 Report: Ranking the nation's largest architecture, engineering, and construction firms

A record 552 AEC firms submitted data for BD+C's 2023 Giants 400 Report. The final report includes 137 rankings across 25 building sectors and specialty categories.

Giants 400 | Aug 22, 2023

Top 175 Architecture Firms for 2023

Gensler, HKS, Perkins&Will, Corgan, and Perkins Eastman top the rankings of the nation's largest architecture firms for nonresidential building and multifamily housing work, as reported in Building Design+Construction's 2023 Giants 400 Report.

Apartments | Aug 22, 2023

Key takeaways from RCLCO's 2023 apartment renter preferences study

Gregg Logan, Managing Director of real estate consulting firm RCLCO, reveals the highlights of RCLCO's new research study, “2023 Rental Consumer Preferences Report.” Logan speaks with BD+C's Robert Cassidy. 

Market Data | Aug 18, 2023

Construction soldiers on, despite rising materials and labor costs

Quarterly analyses from Skanska, Mortenson, and Gordian show nonresidential building still subject to materials and labor volatility, and regional disparities. 

Apartments | Aug 14, 2023

Yardi Matrix updates near-term multifamily supply forecast

The multifamily housing supply could increase by up to nearly 7% by the end of 2023, states the latest Multifamily Supply Forecast from Yardi Matrix.

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. 



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