flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

5 must reads for the AEC industry today: October 13, 2020

Market Data

5 must reads for the AEC industry today: October 13, 2020

Miami Beach Convention Center renovation completes and guidance offered for K-12 schools to support students with asthma.


By BD+C Editors | October 13, 2020


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

Industry Research | Jan 31, 2024

ASID identifies 11 design trends coming in 2024

The Trends Outlook Report by the American Society of Interior Designers (ASID) is the first of a three-part outlook series on interior design. This design trends report demonstrates the importance of connection and authenticity.

Apartments | Jan 26, 2024

New apartment supply: Top 5 metros delivering in 2024

Nationally, the total new apartment supply amounts to around 1.4 million units—well exceeding the apartment development historical average of 980,000 units.

Self-Storage Facilities | Jan 25, 2024

One-quarter of self-storage renters are Millennials

Interest in self-storage has increased in over 75% of the top metros according to the latest StorageCafe survey of self-storage preferences. Today, Millennials make up 25% of all self-storage renters.

Industry Research | Jan 23, 2024

Leading economists forecast 4% growth in construction spending for nonresidential buildings in 2024

Spending on nonresidential buildings will see a modest 4% increase in 2024, after increasing by more than 20% last year according to The American Institute of Architects’ latest Consensus Construction Forecast. The pace will slow to just over 1% growth in 2025, a marked difference from the strong performance in 2023.

Construction Costs | Jan 22, 2024

Construction material prices continue to normalize despite ongoing challenges

Gordian’s most recent Quarterly Construction Cost Insights Report for Q4 2023 describes an industry still attempting to recover from the impact of COVID. This was complicated by inflation, weather, and geopolitical factors that resulted in widespread pricing adjustments throughout the construction materials industries.

Hotel Facilities | Jan 22, 2024

U.S. hotel construction is booming, with a record-high 5,964 projects in the pipeline

The hotel construction pipeline hit record project counts at Q4, with the addition of 260 projects and 21,287 rooms over last quarter, according to Lodging Econometrics.

Multifamily Housing | Jan 15, 2024

Multifamily rent growth rate unchanged at 0.3%

The National Multifamily Report by Yardi Matrix highlights the highs and lows of the multifamily market in 2023. Despite strong demand, rent growth remained unchanged at 0.3 percent.

Self-Storage Facilities | Jan 5, 2024

The state of self-storage in early 2024

As the housing market cools down, storage facilities suffer from lower occupancy and falling rates, according to the December 2023 Yardi Matrix National Self Storage Report.

Designers | Dec 25, 2023

Redefining the workplace is a central theme in Gensler’s latest Design Report

The firm identifies eight mega trends that mostly stress human connections.

Contractors | Dec 12, 2023

The average U.S. contractor has 8.5 months worth of construction work in the pipeline, as of November 2023

Associated Builders and Contractors reported today that its Construction Backlog Indicator inched up to 8.5 months in November from 8.4 months in October, according to an ABC member survey conducted Nov. 20 to Dec. 4. The reading is down 0.7 months from November 2022.

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