1. Las Vegas’s Circa Resort & Casino will feature contactless technology throughout (BD+C)
"Circa Resort & Casino, located in Las Vegas, is set to open on Oct. 28. The 25-story, adults-only facility will feature 777 rooms, a two-story casino, six temperature-controlled pools, the largest pool amphitheater in the country, the largest sports book in the world, and, something guests in today’s world will be especially interested in, extensive contactless technology and services."
2. Institute for Market Transformation acquires Energy-Efficient Codes Coalition (BD+C)
"Established by the Alliance to Save Energy in 2007, the EECC is composed of building sector advocates committed to improving the stringency of the International Energy Conservation Code (IECC). Their goal is to achieve net-zero construction standards by 2050."
3. Marriott, Hilton, and IHG continue to dominate the U.S. hotel construction pipeline at Q2’20 close (Lodging Econometrics)
"Hilton’s Home2 Suites and IHG’s Holiday Inn Express continue to be the most prominent brands in the U.S. pipeline."
4. ‘Learning hubs’ opening across SF to help 6,000 kids in need with distance education
"San Francisco officials are readying an unprecedented educational assistance program for the fall meant to help up to 6,000 children with their distance-learning needs, as parents and students confront the reality of starting the school year without classrooms during the COVID-19 pandemic."
5. As the eviction moratorium ends, Here are the bills in congress for more rent relief (Forbes)
"The end of the federal eviction ban, which covers any multifamily properties that receive federal assistance, comes when a slew of local moratoriums are also being lifted, which places one in five renters at risk of displacement by Sept. 30."
Related Stories
Coronavirus | Mar 20, 2020
Pandemic has halted or delayed projects for 28% of contractors
Coronavirus-caused slowdown contrasts with January figures showing a majority of metro areas added construction jobs; Officials note New infrastructure funding and paid family leave fixes are needed.
Market Data | Mar 17, 2020
Construction spending to grow modestly in 2020, predicts JLL’s annual outlook
But the coronavirus has made economic forecasting perilous.
Market Data | Mar 16, 2020
Grumman/Butkus Associates publishes 2019 edition of Hospital Benchmarking Survey
Report examines electricity, fossil fuel, water/sewer, and carbon footprint.
Market Data | Mar 12, 2020
New study from FMI and Autodesk finds construction organizations with the highest levels of trust perform twice as well on crucial business metrics
Higher levels of trust within organizations and across project teams correlate with increased profit margins, employee retention and repeat business that can all add up to millions of dollars of profitability annually.
Market Data | Mar 11, 2020
The global hotel construction pipeline hits record high at 2019 year-end
Projects currently under construction stand at a record 991 projects with 224,354 rooms.
Market Data | Mar 6, 2020
Construction employment increases by 43,000 in February and 223,000 over 12 months
Average hourly earnings in construction top private sector average by 9.9% as construction firms continue to boost pay and benefits in effort to attract and retain qualified hourly craft workers.
Market Data | Mar 4, 2020
Nonresidential construction spending attains all-time high in January
Private nonresidential spending rose 0.8% on a monthly basis and is up 0.5% compared to the same time last year.
Market Data | Feb 21, 2020
Construction contractor confidence remains steady
70% of contractors expect their sales to increase over the first half of 2020.
Market Data | Feb 20, 2020
U.S. multifamily market gains despite seasonal lull
The economy’s steady growth buoys prospects for continued strong performance.
Market Data | Feb 19, 2020
Architecture billings continue growth into 2020
Demand for design services increases across all building sectors.