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."
Related Stories
Market Data | Nov 14, 2019
Construction input prices unchanged in October
Nonresidential construction input prices fell 0.1% for the month and are down 2.0% compared to the same time last year.
Multifamily Housing | Nov 7, 2019
Multifamily construction market remains strong heading into 2020
Fewer than one in 10 AEC firms doing multifamily work reported a decrease in proposal activity in Q3 2019, according to a PSMJ report.
Market Data | Nov 5, 2019
Construction and real estate industry deals in September 2019 total $21.7bn globally
In terms of number of deals, the sector saw a drop of 4.4% over the last 12-month average.
Market Data | Nov 4, 2019
Nonresidential construction spending rebounds slightly in September
Private nonresidential spending fell 0.3% on a monthly basis and is down 5.7% compared to the same time last year.
Market Data | Nov 1, 2019
GDP growth expands despite reduction in nonresident investment
The annual rate for nonresidential fixed investment in structures declined 15.3% in the third quarter.
Market Data | Oct 24, 2019
Architecture Billings Index downturn moderates as challenging conditions continue
The Architecture Billings Index (ABI) score in September is 49.7.
Market Data | Oct 23, 2019
ABC’s Construction Backlog Indicator rebounds in August
The primary issue for most contractors is not a lack of demand, but an ongoing and worsening shortage of skilled workers available to meet contractual requirements.
Multifamily Housing | Oct 16, 2019
A new study wonders how many retiring adults will be able to afford housing
Harvard’s Joint Center for Housing Studies focuses on growing income disparities among people 50 or older.
Market Data | Oct 9, 2019
Two ULI reports foresee a solid real estate market through 2021
Market watchers, though, caution about a “surfeit” of investment creating a bubble.
Market Data | Oct 4, 2019
Global construction output growth will decline to 2.7% in 2019
It will be the slowest pace of growth in a decade, according to GlobalData.
