1. Restoration of 1930s El Paso hotel completes (BD+C)
"The project represented a cross-collaboration of tCooper Carry’s Hospitality studio and The Johnson Studio at Cooper Carry."
2. Commercial Construction Index drops amid Coronavirus pandemic, but contractors poised for near-term recovery (U.S. Chamber of Cmmerce)
"Contractors quickly prioritized worker health and safety, and 1 in 3 plan to hire more workers in the next 6 months."
3. Arc offers tools, analytics for safe workplace re-entry (BD+C)
"Platform helps sustainability teams to collect data, benchmark progress, measure impact, and improve performance."
4. When Will Building New Units Make Sense Again? Apartment Developers Remain Uncertain (National Real Estate Investor)
"Developers will likely delay starting new apartment projects until they see strong employment growth."
5. For Newly Remote Workers, Small Town U.S.A. Will Lose its Appeal Soon Enough (WSJ)
“While the promise of more land, more space and less commute may sound compelling, there is the threat of boredom or, a worse fate for many, career marginalization. Working away from main offices also could be more “work” than employees bargained for."
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Construction spending stalls between July and August
A decrease in nonresidential projects negates ongoing growth in residential work.
Market Data | Oct 1, 2021
Nonresidential construction spending dips in August
Spending declined on a monthly basis in 10 of the 16 nonresidential subcategories.
Market Data | Sep 29, 2021
One-third of metro areas lost construction jobs between August 2020 and 2021
Lawrence-Methuen Town-Salem, Mass. and San Diego-Carlsbad, Calif. top lists of metros with year-over-year employment increases.
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Design-Build projects should continue to take bigger shares of construction spending pie over next five years
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Market Data | Sep 22, 2021
Architecture billings continue to increase
The ABI score for August was 55.6, up from July’s score of 54.6.
