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

6 must reads for the AEC industry today: October 14, 2020

Market Data

6 must reads for the AEC industry today: October 14, 2020

Thailand's new Elephant Museum and the Art Gallery of New South Wales receives an expansion.


By BD+C Editors | October 14, 2020


1. Thailand’s Elephant Museum reinforces the bond between humans and beasts (BD+C) 
"Deforestation devastated that bond between elephants and the Kui people in northeast Thailand’s Surin Province, depriving both of food and medicinal plants. The province also incurred severe droughts. These events displaced the Kui and elephants to surrounding towns, begging for food or working in elephant camps."

2. The Art Gallery of New South Wales expansion will nearly double its exhibition space (BD+C) 
"As part of the $344 million project, a new standalone building, designed by SANAA, will be built and connected to the existing Gallery building by an outdoor public art garden. The garden will be accessible 24/7, creating a civic campus on its site overlooking Sydney Harbor."

3. Austin is first major Texas city to adopt wildfire code (BD+C) 
"Responding to an increased risk of wildfire, Austin became the first major city in Texas to adopt a code aimed at curbing wildfires."

4. Persuading workers to come back to the office still a tough sell (Bisnow)
"More than six months into the coronavirus pandemic, only about a quarter of office workers have returned to their places of work, a new study has found."

5. Traffic is returning faster to outlet centers than malls; What does that mean for the sector’s future? (National Real Estate Investor)
"Outlet centers have not been spared the pandemic’s toll. But their open-air locations and focus on value are major advantages."

6. Facebook's big augmented reality play could spark new wave of proptech (Bisnow)
"Technologies that people take for granted today, such as smartphones or Google Maps, have fundamentally changed the way the real estate industry does business. The next technology that could transform the industry, multiple proptech experts say, is augmented reality glasses."

 

Related Stories

Hotel Facilities | Jul 27, 2023

U.S. hotel construction pipeline remains steady with 5,572 projects in the works

The hotel construction pipeline grew incrementally in Q2 2023 as developers and franchise companies push through short-term challenges while envisioning long-term prospects, according to Lodging Econometrics.

Hotel Facilities | Jul 26, 2023

Hospitality building construction costs for 2023

Data from Gordian breaks down the average cost per square foot for 15-story hotels, restaurants, fast food restaurants, and movie theaters across 10 U.S. cities: Boston, Chicago, Las Vegas, Los Angeles, Miami, New Orleans, New York, Phoenix, Seattle, and Washington, D.C.

Market Data | Jul 24, 2023

Leading economists call for 2% increase in building construction spending in 2024

Following a 19.7% surge in spending for commercial, institutional, and industrial buildings in 2023, leading construction industry economists expect spending growth to come back to earth in 2024, according to the July 2023 AIA Consensus Construction Forecast Panel. 

Contractors | Jul 13, 2023

Construction input prices remain unchanged in June, inflation slowing

Construction input prices remained unchanged in June compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics Producer Price Index data released today. Nonresidential construction input prices were also unchanged for the month.

Contractors | Jul 11, 2023

The average U.S. contractor has 8.9 months worth of construction work in the pipeline, as of June 2023

Associated Builders and Contractors reported that its Construction Backlog Indicator remained unchanged at 8.9 months in June 2023, according to an ABC member survey conducted June 20 to July 5. The reading is unchanged from June 2022.

Market Data | Jul 5, 2023

Nonresidential construction spending decreased in May, its first drop in nearly a year

National nonresidential construction spending decreased 0.2% in May, 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 $1.06 trillion.

Apartments | Jun 27, 2023

Average U.S. apartment rent reached all-time high in May, at $1,716

Multifamily rents continued to increase through the first half of 2023, despite challenges for the sector and continuing economic uncertainty. But job growth has remained robust and new households keep forming, creating apartment demand and ongoing rent growth. The average U.S. apartment rent reached an all-time high of $1,716 in May.

Industry Research | Jun 15, 2023

Exurbs and emerging suburbs having fastest population growth, says Cushman & Wakefield

Recently released county and metro-level population growth data by the U.S. Census Bureau shows that the fastest growing areas are found in exurbs and emerging suburbs. 

Contractors | Jun 13, 2023

The average U.S. contractor has 8.9 months worth of construction work in the pipeline, as of May 2023

Associated Builders and Contractors reported that its Construction Backlog Indicator remained unchanged at 8.9 months in May, according to an ABC member survey conducted May 20 to June 7. The reading is 0.1 months lower than in May 2022. Backlog in the infrastructure category ticked up again and has now returned to May 2022 levels. On a regional basis, backlog increased in every region but the Northeast.

Industry Research | Jun 13, 2023

Two new surveys track how the construction industry, in the U.S. and globally, is navigating market disruption and volatility

The surveys, conducted by XYZ Reality and KPMG International, found greater willingness to embrace technology, workplace diversity, and ESG precepts.

boombox1 - default
boombox2 -
native1 -

More In Category


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