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Marquette Companies forms alliance with Orion Residential Advisors

Marquette Companies, a national leader in multifamily development, investment, and management, announces its strategic alliance with Deerfield, Ill.-based Orion Residential Advisors, an integrated multifamily investment and operating firm active in multiple markets nationwide.


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.



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Aug 11, 2010

Baltimore gets new youth detention center

PSA-Dewberry is designing Baltimore’s $80 million downtown youth detention center. The five-story, 200,000-sf center will house youths who have been criminally charged as adults, and is the first phase of Maryland’s seven-phase plan to completely reconstruct the city’s downtown correctional campus.
Aug 11, 2010

Community college’s hillside learning center

The Earl E. and Dorothy J. Dellinger Learning Resource Center at Southwest Virginia Community College in Richlands, Va., is the centerpiece of this mountainside school. Designed by Arlington, Va.-based The Lukmire Partnership, the 50,000-sf, two-story building connects the upper and lower campuses, which are separated by a 70-foot vertical grade change.
Aug 11, 2010

Rehabilitation center helps patients transition

Construction is under way on the Polytrauma Transitional Rehabilitation Center on the VA Medical Center campus in Richmond, Va. The $8 million, 22,000-sf facility will provide physical therapy, housing, and education to veterans as part of their transition back into their communities. The center was designed by HDR, Alexandria, Va.
Aug 11, 2010

Triangular tower targets travelers

Chicago-based Goettsch Partners is designing a new mixed-use high-rise for the Chinese city of Dalian, located on the Yellow Sea coast. Developed by Hong Kong-based China Resources Land Limited, the tower will have almost 1.1 million sf, which includes a 377-room Grand Hyatt hotel, 84 apartments, three restaurants, banquet space, and a spa and fitness center.
Aug 11, 2010

Spa resort in harmony with mountain setting

The Sparkling Hill Resort and Wellness Hotel in Vernon, B.C., looks as if it was chiseled out of bedrock and jutting from the mountainside. Designed by the Victoria, B.C., office of Cannon Design, the 240,000-sf resort has 152 guest rooms with floor-to-ceiling windows and spa-like bathrooms, as well as a signature 20,000-sf whole-body wellness spa with treatment rooms designed to feel like they...
Aug 11, 2010

Expanding retail complex is LEED pre-certified

The Promenade at Coconut Creek in Broward County, Fla., a live-work-play shopping and lifestyle center, is being expanded by 105,000 sf. When phase II of the 335,000-sf project is complete, the facility will house 75 retailers, restaurants, and related services, making it one of the largest mixed-use projects in northern Broward County.
Aug 11, 2010

Thom Mayne unveils ‘floating cube’ design for the Perot Museum of Nature and Science

Calling it a “living educational tool featuring architecture inspired by nature and science,” Pritzker Prize Laureate Thom Mayne unveiled the schematic designs and building model for the Perot Museum of Nature & Science at Victory Park in Dallas. The $185 million, 180,000-sf structure is 170 feet tall—equivalent to approximately 14 stories—and is conceived as a large...
Aug 11, 2010

Medical office building planned in Fort Worth, Texas

Dallas-based TGS Architects has unveiled its design for the five-story, 130,000-sf Plaza Medical Office Building, planned for Fort Worth, Texas. The Class A development will include space for orthopedic care, surgery, breast center, diagnostic imaging, cardiovascular, and rehabilitation therapy services.
Aug 11, 2010

Recession hits office sector

The office vacancy rate plunged by 0.9% to 18.4% during the spring, and rental rates fell to levels more than 7% below those seen last year, according to BD+C Economist Jim Haughey. A number of large office markets, such as New York and San Francisco, saw vacancy levels reach 20%. Overall, net space rentals fell during the spring in every major office market except Pittsburgh.
Aug 11, 2010

Cost of HVAC equipment to remain flat in 2009, says Turner

While some manufacturers have announced slight increases in facilities equipment pricing for 2009, the average cost of equipment is expected to remain flat in 2009, according to the 2009 Turner Logistics Equipment Cost Index. However, equipment pricing could face increased pressure if there is a further decline in market demand.
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