New design contracts also return to positive levels, signifying future growth in construction act...read more
The numbers of older homeowners are rising rapidly, according to the latest analysis of this cohort by the Joint Center for Housing Studies at Harvard University, which notes that an aging population presents several challenges to the housing sector in terms of costs and amenities. Image: JCHS
New Joint Center report projects 66% increase in senior heads of households by 2035.
“The U.S. economy continues to expand amid a weak global economy and, despite risks to the constr...read more
Nonresidential spending is now 2.6 percent higher than at the same time one year ago.
Overall nonresidential construction spending in September totaled $690.5 billion, down a slight 0...read more
It’s all about technology and convenience when it comes to the things millennial renters value mo...read more
A national survey finds strong support for essential community buildings.
ABC releases state rankings on policies affecting construction industry.
Next month, the five-story 3435 Main Street in Kansas City, Mo., this city's first factory-built apartment building, will be ready for delivery. (Its 100 modules were produced at Champion Home Builders' factory in Nebraska). Nationally, the market researcher Axiometrics expects apartment deliveries to soar through mid 2017, and then start to recede through 2018. Image: Courtesy MAC Properties
New York is projected to lead the nation next year, thanks to construction delays in 2016
The rate at which the industry is adding construction workers isn't keeping pace with its demand, according to JLL's latest industry outlook. Image: JLL Q3 2016 Construction Outlook
Risk, labor, and technology are impacting what gets built.
Decline in new design contracts suggests volatility in design activity to persist.
The relevance of brand recognition has always been debatable in the B2B universe. With notable ex...read more
Austin was followed on the list by Dallas/Fort Worth, Texas and Portland, Ore.
The government revised the August nonresidential construction spending estimate from $686.6 billi...read more
The acceleration in real GDP growth was driven by a combination of factors, including an upturn i...read more
Rider Levett Bucknall’s Third Quarter 2016 USA Construction Cost Report puts the complete spectru...read more
Photo courtesy of Ari Burling via HOK.
“Although coworking space makes up less than one percent of the world’s office space, it represen...read more
Dodge Outlook Report predicts moderate growth for most project types – single family housing, com...read more
Two firms stand well above the others when it comes to the number of tall buildings they have des...read more
“This recent backslide should act as a warning signal,” said AIA Chief Economist, Kermit Baker....
Growing profitability at architecture firms has led to reinvestment and expansion
Public sector spending is declining faster than the private sector.
Climate change, resilience and wellness are also growing concerns.
Nearly half (45%) of those polled say election year uncertainty has a negative effect on risk per...read more
Business conditions are slumping in the Northeast.
While a handful of commercial construction segments continue to be associated with expanding volu...read more
Nonresidential construction spending has been suppressed over the last year or so with the primar...read more
CannonDesign releases infographic to better help universities obtain more R&D funding.
A 250-unit, 12-story, transit-oriented apartment building, developed by Lincoln Property Co., is expected to begin construction at Harlem Avenue and South Boulevard in Chicago late this year or early 2017. Lincoln is one of 32 contributors to the NHMC Research Foundation, a new research entity whose goal is to provide better and more detailed data on the multifamily housing sector. Image: Oak Park Economic Development Corp./Chicago Tribune
The list of leading developers, owners, and property managers that are funding the NMHC Research...read more
The Saratoga (N.Y.) Casino hotel, which opened in early July, is one of several new hospitality facilities that have opened in Saratoga County in the past two years. Image: John Carl D’Annibale/Albany Times-Union
But concerns about overbuilding persist.