flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

5 must reads for the AEC industry today: August 21, 2020

Market Data

5 must reads for the AEC industry today: August 21, 2020

Student housing in the COVID-19 era and wariness of elevators may stymie office reopening.


By BD+C Editors | August 21, 2020


1. Former jail to be reimagined and integrated into Dallas’s Harold Simmons Park (BD+C) 
"The Trinity Park Conservancy has selected Weiss/Manfredi to reimagine the former Jesse R. Dawson State Jail at 106 W Commerce Street. Malone Maxwell Dennehy Architects will serve as the local architect."

2. Student housing in the COVID-19 era (Ghafari) 
"Recent data about the spread of COVID-19 identifies face-to-face interactions (and respiratory droplet transfer) as the primary means of transmission. This same research shows that the virus does not live long on common surfaces. This leaves student housing professionals and designers to focus on reducing face-to-face interactions and droplet transfer while preserving the residence hall’s vital role in recruitment, social engagement, campus community, and ultimately, student success."

3. Wariness of elevators may stymie office reopening (BD+C) 
"That could result in hundreds of billions of dollars’ worth of office real estate continuing to go largely unoccupied. Cities and employers have taken steps to reduce risk, but they may not be enough."

4. Pandemic puts developers under the gun to lease new office towers (Bisnow)
"The coronavirus pandemic has complicated leasing efforts for office buildings that are trying to open for tenants this year. Those projects have lenders who expect their borrowers to fill up their towers within a certain amount of time, achieving a value greater than the cost to develop them."

5. Empty apartments in Manhattan reach record high, topping 13,000 (CNBC)
"The number of apartments for rent, or listing inventory, more than doubled over last year and set a record for the 14 years since data started being collected, according to a report from Douglas Elliman and Miller Samuel."

 

 

 

Related Stories

Market Data | May 18, 2022

Architecture Billings Index moderates slightly, remains strong

For the fifteenth consecutive month architecture firms reported increasing demand for design services in April, according to a new report today from The American Institute of Architects (AIA).

Market Data | May 12, 2022

Monthly construction input prices increase in April

Construction input prices increased 0.8% in April compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released today.

Market Data | May 10, 2022

Hybrid work could result in 20% less demand for office space

Global office demand could drop by between 10% and 20% as companies continue to develop policies around hybrid work arrangements, a Barclays analyst recently stated on CNBC.

Market Data | May 6, 2022

Nonresidential construction spending down 1% in March

National nonresidential construction spending was down 0.8% in March, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau.

Market Data | Apr 29, 2022

Global forces push construction prices higher

Consigli’s latest forecast predicts high single-digit increases for this year.

Market Data | Apr 29, 2022

U.S. economy contracts, investment in structures down, says ABC

The U.S. economy contracted at a 1.4% annualized rate during the first quarter of 2022.

Market Data | Apr 20, 2022

Pace of demand for design services rapidly accelerates

Demand for design services in March expanded sharply from February according to a new report today from The American Institute of Architects (AIA).  

Market Data | Apr 14, 2022

FMI 2022 construction spending forecast: 7% growth despite economic turmoil

Growth will be offset by inflation, supply chain snarls, a shortage of workers, project delays, and economic turmoil caused by international events such as the Russia-Ukraine war.

Industrial Facilities | Apr 14, 2022

JLL's take on the race for industrial space

In the previous decade, the inventory of industrial space couldn’t keep up with demand that was driven by the dual surges of the coronavirus and online shopping. Vacancies declined and rents rose. JLL has just published a research report on this sector called “The Race for Industrial Space.” Mehtab Randhawa, JLL’s Americas Head of Industrial Research, shares the highlights of a new report on the industrial sector's growth.

Codes and Standards | Apr 4, 2022

Construction of industrial space continues robust growth

Construction and development of new industrial space in the U.S. remains robust, with all signs pointing to another big year in this market segment

boombox1
boombox2
native1

More In Category




halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021