1. Istanbul opens biggest base-isolated hospital in the world (BD+C)
"The 1-million-sm, $1.5 billion Basaksehir Cam and Sakura City Hospital, located near the North Anatolian fault of the Europe side of this city, features 2,068 seismic isolators. It is designed—by Perkins and Will’s Washington D.C. office, in collaboration with the Turkish firm Yazgan Design Architecture—to meet ASCE 41 “Immediate Occupancy” seismic performance objective under a rare earthquake event."
2. AIA issues tools for reducing risk of COVID-19 transmission in buildings (BD+C)
"The initiative included a team of architects, public health experts, engineers, and facility managers who developed strategies to reduce the risk of COVID-19 transmission in buildings, promote social distancing standards, and “enhance wellbeing in communities transitioning to new lifestyle norms.”
3. 60-unit independent senior living facility completes in Crystal Lake, Ill. (BD+C)
"The 63,000-sf, 60-unit facility features 48 one-bedroom and 12 two-bedroom units. This includes six ADA-accessible units, 12 adaptable units, and two sensory units. The project includes amenities such as a fitness area, theater room, community rooms, computer rooms, a gazebo, and outdoor spaces spread across approximately five acres of landscape and hardscape."
4. Contractors hire medical professionals for COVID-19 guidance, site visits (Construction Dive)
"Now that moratoriums on nonessential construction have been lifted across the country, contractors are getting back to work with new protocols and provisions in place. From tool sanitization, hand-washing stations, staggered work schedules and mandatory face coverings, an emphasis on clean and healthy jobsites is driving a new way of building."
5. JLL CEO Christian Ulbrich talks to CNN about re-entry strategies (JLL)
"Watch Christian’s discussion with CNN International about re-entry strategies for companies around the globe."
Related Stories
Market Data | Apr 11, 2023
Construction crane count reaches all-time high in Q1 2023
Toronto, Seattle, Los Angeles, and Denver top the list of U.S/Canadian cities with the greatest number of fixed cranes on construction sites, according to Rider Levett Bucknall's RLB Crane Index for North America for Q1 2023.
Contractors | Apr 11, 2023
The average U.S. contractor has 8.7 months worth of construction work in the pipeline, as of March 2023
Associated Builders and Contractors reported that its Construction Backlog Indicator declined to 8.7 months in March, according to an ABC member survey conducted March 20 to April 3. The reading is 0.4 months higher than in March 2022.
Market Data | Apr 6, 2023
JLL’s 2023 Construction Outlook foresees growth tempered by cost increases
The easing of supply chain snags for some product categories, and the dispensing with global COVID measures, have returned the North American construction sector to a sense of normal. However, that return is proving to be complicated, with the construction industry remaining exceptionally busy at a time when labor and materials cost inflation continues to put pricing pressure on projects, leading to caution in anticipation of a possible downturn. That’s the prognosis of JLL’s just-released 2023 U.S. and Canada Construction Outlook.
Market Data | Apr 4, 2023
Nonresidential construction spending up 0.4% in February 2023
National nonresidential construction spending increased 0.4% in February, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $982.2 billion for the month, up 16.8% from the previous year.
Multifamily Housing | Mar 24, 2023
Average size of new apartments dropped sharply in 2022
The average size of new apartments in 2022 dropped sharply in 2022, as tracked by RentCafe. Across the U.S., the average new apartment size was 887 sf, down 30 sf from 2021, which was the largest year-over-year decrease.
Multifamily Housing | Mar 14, 2023
Multifamily housing rent rates remain flat in February 2023
Multifamily housing asking rents remained the same for a second straight month in February 2023, at a national average rate of $1,702, according to the new National Multifamily Report from Yardi Matrix. As the economy continues to adjust in the post-pandemic period, year-over-year growth continued its ongoing decline.
Contractors | Mar 14, 2023
The average U.S. contractor has 9.2 months worth of construction work in the pipeline, as of February 2023
Associated Builders and Contractors reported today that its Construction Backlog Indicator increased to 9.2 months in February, according to an ABC member survey conducted Feb. 20 to March 6. The reading is 1.2 months higher than in February 2022.
Industry Research | Mar 9, 2023
Construction labor gap worsens amid more funding for new infrastructure, commercial projects
The U.S. construction industry needs to attract an estimated 546,000 additional workers on top of the normal pace of hiring in 2023 to meet demand for labor, according to a model developed by Associated Builders and Contractors. The construction industry averaged more than 390,000 job openings per month in 2022.
Market Data | Mar 7, 2023
AEC employees are staying with firms that invest in their brand
Hinge Marketing’s latest survey explores workers’ reasons for leaving, and offers strategies to keep them in the fold.
Multifamily Housing | Feb 21, 2023
Multifamily housing investors favoring properties in the Sun Belt
Multifamily housing investors are gravitating toward Sun Belt markets with strong job and population growth, according to new research from Yardi Matrix. Despite a sharp second-half slowdown, last year’s nationwide $187 billion transaction volume was the second-highest annual total ever.
