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7 must reads for the AEC industry today: September 8, 2020

Market Data

7 must reads for the AEC industry today: September 8, 2020

Google proposes 40-acre redevelopment plan and office buildings should be an essential part of their communities.


By BD+C Editors | September 8, 2020


1. Construction sector adds 16,000 workers in august but nonresidential jobs shrink (AGC)
"Construction employment increased by 16,000 jobs in August, but the gains were concentrated in housing, while the infrastructure and nonresidential building construction sector lost 11,000 jobs, according to an analysis by the Associated General Contractors of America of government data."

2. The office building of the future should be an essential part of its community (Gensler) 
"Today we recognize that office buildings are no longer just containers for people but rather an experience supercharger. Office performance should be less about maximizing workplace density and more about the quality of the space and the experience it delivers."

3. Google proposes 40-acre redevelopment that includes nearly 2,000 housing units (BD+C) 
"Google intends to allocate 20% of the residential space, spread over six buildings within the proposed village, to affordable housing."

4. Updated selection, application guide for plastic glazed skylights, sloped glazing released (BD+C) 
"The Fenestration and Glazing Industry Alliance (FGIA) recently released an updated document on the value and effective application of plastic glazed skylights and sloped glazing in building design."

5. Apartment values stay solid in private market despite falling rents (WSJ)
"Recent CIM deal shows some buyers still willing to pay near pre-pandemic prices in certain areas."

6. CDC-ordered eviction moratorium meets both praise and skepticism (Bisnow)
"The Centers for Disease Control and Prevention has issued an order proclaiming a nationwide residential eviction moratorium, characterizing it as a matter of public health policy."

7. Macy’s plans rollout of smaller stores away from malls (CNBC)
"Macy’s and Bloomingdale’s 'have high potential' away from malls and in smaller formats, CEO Jeff Gennette told analysts."

 

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Industry Research | Oct 25, 2016

New HOK/CoreNet Global report explores impact of coworking on corporate real rstate

“Although coworking space makes up less than one percent of the world’s office space, it represents an important workforce trend and highlights the strong desire of today’s employees to have workplace choices, community and flexibility,” says Kay Sargent, Director of WorkPlace at HOK.

Market Data | Oct 24, 2016

New construction starts in 2017 to increase 5% to $713 billion

Dodge Outlook Report predicts moderate growth for most project types – single family housing, commercial and institutional building, and public works, while multifamily housing levels off and electric utilities/gas plants decline.

High-rise Construction | Oct 21, 2016

The world’s 100 tallest buildings: Which architects have designed the most?

Two firms stand well above the others when it comes to the number of tall buildings they have designed.

Market Data | Oct 19, 2016

Architecture Billings Index slips consecutive months for first time since 2012

“This recent backslide should act as a warning signal,” said AIA Chief Economist, Kermit Baker.

Market Data | Oct 11, 2016

Building design revenue topped $28 billion in 2015

Growing profitability at architecture firms has led to reinvestment and expansion

Market Data | Oct 4, 2016

Nonresidential spending slips in August

Public sector spending is declining faster than the private sector.

Industry Research | Oct 3, 2016

Structure Tone survey shows cost is still a major barrier to building green

Climate change, resilience and wellness are also growing concerns.

Industry Research | Sep 27, 2016

Sterling Risk Sentiment Index indicates risk exposure perception remains stable in construction industry

Nearly half (45%) of those polled say election year uncertainty has a negative effect on risk perception in the construction market.

Market Data | Sep 22, 2016

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Business conditions are slumping in the Northeast.

Market Data | Sep 20, 2016

Backlog skyrockets for largest firms during second quarter, but falls to 8.5 months overall

While a handful of commercial construction segments continue to be associated with expanding volumes, for the most part, the average contractor is no longer getting busier, says ABC Chief Economist Anirban Basu.

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