1. Miami Beach Convention Center renovation and expansion completes (BD+C)
"The project was designed with the goal of making Miami Beach Convention Center the most technologically-advanced center in the U.S. and to provide upgraded show needs and increase the potential for the city to market the center on an international basis. Achieving this goal involved complex renovations and replacements of virtually all the building’s electrical and mechanical operating systems."
2. Majority of contractors fear long-term business implications of COVID-19, according to Construction Executive survey (ABC)
"While many contractors have not yet seen drastic impacts to their business, as construction was in many areas considered an “essential” service, the long-term implications are concerning. Seventy percent of contractors did not expect the construction industry to stabilize until at least 2021, while an additional 10.4% say they believe it may never reach pre-pandemic levels."
3. Guidance offered for K-12 schools to support students with asthma (BD+C)
"The Center identified four primary categories where environmentally healthy purchasing can help reduce irritants and allergens that contribute to asthma. The guidance addresses cleaning products, filters, furniture, rugs, and markers and paints."
4. Hotter than ever, construction tech still has plenty of flaws, experts say (Bisnow)
"Building information modeling, or BIM, and other construction technologies have only grown in importance to developers, architects and contractors amid the coronavirus pandemic. But the construction industry's adoption of new construction tech isn't without its speed bumps, panelists said during Bisnow's BIM and future of construction and development webinar."
5. JPMorgan targets $700 million for residential-development fund (Bloomberg via National Real Estate Investor)
"The fund will seek to deliver annual returns of 13 to 15 percent after fees by developing single-family and multifamily rentals outside gateway markets."
Related Stories
Market Data | Jun 10, 2020
6 must reads for the AEC industry today: June 10, 2020
Singapore's newest residential district and CannonDesign unveils COVID Shield.
Market Data | Jun 9, 2020
ABC’s Construction Backlog Indicator inches higher in May; Contractor confidence continues to rebound
Nonresidential construction backlog is down 0.8 months compared to May 2019 and declined year over year in every industry.
Market Data | Jun 9, 2020
6 must reads for the AEC industry today: June 9, 2020
OSHA safety inspections fall 84% and the office isn't dead.
Market Data | Jun 8, 2020
Construction jobs rise by 464,000 jobs but remain 596,000 below recent peak
Gains in may reflect temporary support from paycheck protection program loans and easing of construction restrictions, but hobbled economy and tight state and local budgets risk future job losses.
Market Data | Jun 5, 2020
7 must reads for the AEC industry today: June 5, 2020
The world's first carbon-fiber reinforced concrete building and what will college be like in the fall?
Market Data | Jun 4, 2020
7 must reads for the AEC industry today: June 4, 2020
Construction unemployment declines in 326 of 358 metro areas and is the show over for AMC Theatres?
Market Data | Jun 3, 2020
Construction employment declines in 326 out of 358 metro areas in April
Association says new transportation proposal could help restore jobs.
Market Data | Jun 3, 2020
6 must reads for the AEC industry today: June 3, 2020
5 ways to improve cleanliness of public restrooms and office owners are in no hurry for tenants to return.
Market Data | Jun 2, 2020
Architects, health experts release strategies, tools for safely reopening buildings
AIA issues three new and enhanced tools for reducing risk of COVID-19 transmission in buildings.
Market Data | Jun 2, 2020
5 must reads for the AEC industry today: June 2, 2020
New Luxembourg office complex breaks ground and nonresidential construction spending falls.