Construction in Cleveland's Public Sqaure in April 2016. Photo: Erik Drost/Creative Commons.
Lower building material prices, a sluggish U.S. economy, and hesitation among private developers...read more
Austin, Texas. The population growth of the city has slowed, but a few of its suburbs, including Pflugerville and Georgetown, have experience booms. Photo: Stuart Seeger/Creative Commons
Older Millennials are looking to buy homes and move away to more affordable suburbs and exurbs....
The American Institute of Architects reported the April ABI score was 50.6, down from the mark of...read more
Construction in San Francisco in April 2016. Photo: Lynn Friedman/Creative Commons.
Bureau of Economic Analysis data indicates that the U.S. output is barely growing and that nonres...read more
Photo: Phillip Pessar/Creative Commons.
The multi-family residential sector fared the best. The Midwest was the only U.S. region that did...read more
A new report from Navigant foresees a steady climb in commercial demand for wireless sensors, as developers and their AEC partners seek better ways to make their buildings smarter and interconnected. Image: Navigant Research
Europe and Asia will propel that growth, according to a new report from Navigant.
Photo courtesy Pixabay
Survey respondents are targeting smaller acquisitions, at a time when market cap rates are narrow...read more
Photo: Victoria Pickering/Creative Commons
Spending in the nonresidential sector totaled $690.3 billion on a seasonally adjusted, annualized...read more
JLL's white paper identifies 10 trends across a wide range of influences that are likely to impact commercial real estate firms over the next few years. Image: JLL
The report looks at global threats and opportunities, and how CRE firms are managing their expect...read more
Construction in New Russia, Ohio. Photo: Edsel Little/Creative Commons.
Business conditions softening most in Midwest in recent months.
The Mall of the Future will be a combination community center and gathering place. It will be technology rich, be attached or near living and working spaces, and will provide variety to lure customers for frequent visits. Image: CallisonRTKL's “Mall of the Future” report
CallisonRTKL foresees future retail centers as hubs with live/work/play components.
Corporate real estate executives are compelled to create workplace environments where a more diverse, younger workforce can excel. Image: CRBE's Glendale, Calif., office
A new CBRE survey finds more companies leaning toward “smarter” workspaces.
Construction of the SLS Hotel & Residences Brickell in Miami in February, 2016. Photo: Phillip Pessar/Creative Commons
Nonresidential construction spending expanded 2.5% on a monthly basis and 12.3% on a yearly basis...read more
Photo: Sterling Davis/Creative Commons
This year’s report shows that spending in 2015 reached the highest level since the Great Recessio...read more
For the first time since the recession, office deliveries outpaced office starts in 2015, according to JLL's latest construction report. Image: Pixabay
Its latest report cautions about ongoing cost increases related to finding skilled laborers.
Multifamily residential sector improving after sluggish 2015.
Construction of Urban Union in Seattle in 2015. Photo: SounderBruce/Creative Commons
The American Institute of Architects’ semi-annual Consensus Construction Forecast indicates a gro...read more
Spending on lodging construction, like the expansive renovation of the Intercontinental New York Barclay pictured above, should increase by 10.8% to $23.4 billion in 2016. Total spending on nonresidential building is projected to grow this year by 13.7% to $439.2 billion, according to Gilbane. Image: Shawmut Design and Construction
But finding skilled workers continues to be a problem and could inflate a project's costs.
Despite a projected slowing in manufacturing activity, warehouse distribution should continue to be a shining light in the nonresidential sector, for builders and investors alike. Image: Pixabay
Sees positive signs for construction and investment growth in warehouses, offices, and retail...
Increased government spending on infrastructure projects should help.
Construction on the Amazon Complex in Seattle in December 2015. Photo: Jeffrey Scott Will/Creative Commons.
The Construction Cost Index, from Mortenson Construction, indicated rises between 3 and 4% on ave...read more
Construction in Palo Alto, Calif. Photo: albedo20/Creative Commons.
Though the economy did not have a strong ending to 2015, the data does not suggest that nonreside...read more
Novartis's Alcon Laboratories campus in Texas includes a 37,000-sf data center with a 100 kW PV array for on-site power. JLL's latest Data Center outlook says more third-party data centers are turning to alternative energy sources for their long-term power needs. Image courtesy Integrated Design Group
JLL’s latest outlook foresees a maturation in certain metros.
CDM Research finds only a few positive signs among the leading sectors.
While volatility persists, architecture firms reported healthy performance for 2015.
Photo: Dennis S. Hurd/Creative Commons.
In December, construction material prices fell for the sixth consecutive month. Prices have decli...read more
Economists continue to debate whether the U.S. economy will be more resilient than other nations and thrive, or limp along for the next several years. Image courtesy Pixabay
Strong job growth and dwindling consumer debt give rise to hope.
InterContinental Hotels Group and Brack Capital Real Estate recently opened the 293-room Hotel Indigo in Manhattan's Lower East Side. Photo courtesy IHG
More than 100,000 rooms could be delivered this year alone.
Photo: SounderBruce/Creative Commons.
The largest revisions came in the last two years and were largely upward.
By all indications, 2015 was another solid year for U.S. architecture, engineering, and construct...read more