flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

5 must reads for the AEC industry today: May 28, 2020

Market Data

5 must reads for the AEC industry today: May 28, 2020

Biophilic design on the High Line and the office market could be a COVID-19 casualty.


By BD+C Editors | May 27, 2020


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

High-rise Construction | Jan 23, 2017

Growth spurt: A record-breaking 128 buildings of 200 meters or taller were completed in 2016

This marks the third consecutive record-breaking year for building completions over 200 meters.

Market Data | Jan 18, 2017

Fraud and risk incidents on the rise for construction, engineering, and infrastructure businesses

Seven of the 10 executives in the sector surveyed in the report said their company fell victim to fraud in the past year.

Market Data | Jan 18, 2017

Architecture Billings Index ends year on positive note

Architecture firms close 2016 with the strongest performance of the year.

Market Data | Jan 12, 2017

73% of construction firms plan to expand their payrolls in 2017

However, many firms remain worried about the availability of qualified workers.

Market Data | Jan 9, 2017

Trump market impact prompts surge in optimism for U.S. engineering firm leaders

The boost in firm leader optimism extends across almost the entire engineering marketplace.

Market Data | Jan 5, 2017

Nonresidential spending thrives in strong November spending report

Many construction firms have reported that they remain busy but have become concerned that work could dry up in certain markets in 2017 or 2018, says Anirban Basu, ABC Chief Economist.

Market Data | Dec 21, 2016

Architecture Billings Index up slightly in November

New design contracts also return to positive levels, signifying future growth in construction activity. 

Market Data | Dec 21, 2016

Will housing adjust to an aging population?

New Joint Center report projects 66% increase in senior heads of households by 2035.

Market Data | Dec 13, 2016

ABC predicts modest growth for 2017 nonresidential construction sector; warns of vulnerability for contractor

“The U.S. economy continues to expand amid a weak global economy and, despite risks to the construction industry, nonresidential spending should expand 3.5 percent in 2017,” says ABC Chief Economist Anirban Basu.

Market Data | Dec 2, 2016

Nonresidential construction spending gains momentum

Nonresidential spending is now 2.6 percent higher than at the same time one year ago.

boombox1
boombox2
native1

More In Category




halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021