1. 512 West 22nd Street: Biophilic design on the High Line (BD+C)
"Located on the High Line at a spot known as the Chelsea Thicket, 512 West 22nd Street is a new office building inspired by its proximity to the park’s public space and its location with connection to and views of the Hudson River."
2. Clean is the new Green as U.S. hospitality sector inches closer to reopening (BD+C)
"Tens of thousands of restaurants and hotel rooms in the U.S. have been vacant as a result of the novel coronavirus. The U.S. Bureau of Labor Statistics estimates that the leisure and hospitality sector lost 7.7 million jobs in April alone, with restaurants taking most of that hit, and the sector’s unemployment rate soared to 39%."
3. Office market could be COVID-19 casualty (BD+C)
"As companies get used to work at home, post-pandemic office market could collapse."
4. Multifamily developers report mounting delays in permitting and starts due to coronavirus pandemic (NMHC)
"The good news is that labor availability is on the rise, possibly due to better benefits and incentives."
5. Boeing and Airbus Study How Coronavirus Behaves During Air Travel (WSJ)
"Industry is working to curb pandemic risks that have brought air traffic to a near standstill."
Related Stories
Market Data | Jul 18, 2019
Construction contractors remain confident as summer begins
Contractors were slightly less upbeat regarding profit margins and staffing levels compared to April.
Market Data | Jul 17, 2019
Design services demand stalled in June
Project inquiry gains hit a 10-year low.
Market Data | Jul 16, 2019
ABC’s Construction Backlog Indicator increases modestly in May
The Construction Backlog Indicator expanded to 8.9 months in May 2019.
K-12 Schools | Jul 15, 2019
Summer assignments: 2019 K-12 school construction costs
Using RSMeans data from Gordian, here are the most recent costs per square foot for K-12 school buildings in 10 cities across the U.S.
Market Data | Jul 12, 2019
Construction input prices plummet in June
This is the first time in nearly three years that input prices have fallen on a year-over-year basis.
Market Data | Jul 1, 2019
Nonresidential construction spending slips modestly in May
Among the 16 nonresidential construction spending categories tracked by the Census Bureau, five experienced increases in monthly spending.
Market Data | Jul 1, 2019
Almost 60% of the U.S. construction project pipeline value is concentrated in 10 major states
With a total of 1,302 projects worth $524.6 billion, California has both the largest number and value of projects in the U.S. construction project pipeline.
Market Data | Jun 21, 2019
Architecture billings remain flat
AIA’s Architecture Billings Index (ABI) score for May showed a small increase in design services at 50.2.
Market Data | Jun 19, 2019
Number of U.S. architects continues to rise
New data from NCARB reveals that the number of architects continues to increase.
Market Data | Jun 12, 2019
Construction input prices see slight increase in May
Among the 11 subcategories, six saw prices fall last month, with the largest decreases in natural gas.