Hotels now account for over one-third of adaptive reuse projects
For the first time ever, hotel to apartment conversion projects have overtaken office-to-residential conversions.
HORIZONTV FEATURING BD+C: WATCH EPISODES ON DEMAND AT HORIZONTV
For the first time ever, hotel to apartment conversion projects have overtaken office-to-residential conversions.
In its latest multifamily report, Yardi Matrix finds that the national average rent has increased for the second month in a row.
Among affordable housing developers today, there’s one commonality tying projects together: uncertainty. AEC firms share their latest insights and philosophies on the future of affordable housing in BD+C's 2023 Multifamily Annual Report.
Managers of companies in the industrial sector, including construction, have bought the hype of artificial intelligence (AI) as a transformative technology, but their organizations are not ready to realize its promise, according to research from IFS, a global cloud enterprise software company. An IFS survey of 1,700 senior decision-makers found that 84% of executives anticipate massive organizational benefits from AI.
A survey, conducted in October by The Harris Poll on behalf of AIA, asked 2,108 U.S. adults if they considered public buildings part of their community’s infrastructure.
The boost in firm leader optimism extends across almost the entire engineering marketplace.
Many construction firms have reported that they remain busy but have become concerned that work could dry up in certain markets in 2017 or 2018, says Anirban Basu, ABC Chief Economist.
“The U.S. economy continues to expand amid a weak global economy and, despite risks to the construction industry, nonresidential spending should expand 3.5 percent in 2017,” says ABC Chief Economist Anirban Basu.
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 0.7 percent from a year earlier.
It’s all about technology and convenience when it comes to the things millennial renters value most in a multifamily facility.
A national survey finds strong support for essential community buildings.
ABC releases state rankings on policies affecting construction industry.
Decline in new design contracts suggests volatility in design activity to persist.