1. The continent’s tallest living wall could soon sprout in Dallas (BD+C)
"The exterior of the building at 1899 McKinley will be augmented by more than 40,000 plants that are expected to capture over 1,600 lbs of CO2 and produce 1,200 lbs of oxygen annually."
2. NMHC Multifamily Construction Survey shows significant delays in apartment construction (NMHC)
"The percent of apartment developers reporting construction delays remained essentially the same in the second iteration of the National Multifamily Housing Council’s (NMHC) Construction Survey--56% compared to 55% in the April 3 survey."
3. A COVID-19 task force focuses on crisis communications (BD+C)
"In forming this task force, The Castle Group collaborated with Dr. David Shulkin, FACP, the former Secretary of the U.S. Department if Veterans Affairs, who is currently president of a consulting firm that works with healthcare organizations and companies to innovate and improve wellbeing for patients."
4. Construction employment declines in 20 states and D.C. in March, in line with industry survey showing growing job losses for the sector (AGC)
The association released an analysis of new government data that showed construction employment decreased in 20 states and the District of Columbia. from February to March, held steady in six states and increased in 25 states.
5. John Marx, AIA, on potential economic impacts of COVID-19 (AIA)
"John Marx, AIA, is the Chief Artistic Officer and a design principal at Form4 Architecture, a 32-person, San Francisco-based firm that specializes in, among other things, workplace architecture and interiors."
6. ‘There’s A Wave Coming’: CRE Debt Players Think May Will Be Worse Than April (Bisnow)
"Much of the commercial real estate industry was fretting over the fallout of destroyed businesses and unpaid rents during the month of April. But some of the country’s biggest debt players are bracing themselves for far worse in May."
Related Stories
Market Data | Jan 23, 2020
Construction contractor confidence surges into 2020, says ABC
Confidence among U.S. construction industry leaders increased in November 2019 with respect to sales, profit margins, and staffing, according to the Associated Builders and Contractors Construction Confidence Index.
Market Data | Jan 22, 2020
Architecture Billings Index ends year on positive note
AIA’s Architecture Billings Index (ABI) score of 52.5 for December reflects an increase in design services provided by U.S. architecture firms.
AEC Tech | Jan 16, 2020
EC firms with a clear ‘digital roadmap’ should excel in 2020
Deloitte, in new report, lays out a risk mitigation strategy that relies on tech.
Market Data | Jan 13, 2020
Construction employment increases by 20,000 in December and 151,000 in 2019
Survey finds optimism about 2020 along with even tighter labor supply as construction unemployment sets record December low.
Market Data | Jan 10, 2020
North America’s office market should enjoy continued expansion in 2020
Brokers and analysts at two major CRE firms observe that tenants are taking longer to make lease decisions.
Market Data | Dec 17, 2019
Architecture Billings Index continues to show modest growth
AIA’s Architecture Billings Index (ABI) score of 51.9 for November reflects an increase in design services provided by U.S. architecture firms.
Market Data | Dec 12, 2019
2019 sets new record for supertall building completion
Overall, the number of completed buildings of at least 200 meters in 2019 declined by 13.7%.
Market Data | Dec 4, 2019
Nonresidential construction spending falls in October
Private nonresidential spending fell 1.2% on a monthly basis and is down 4.3% from October 2018.
Market Data | Nov 25, 2019
Office construction lifts U.S. asking rental rate, but slowing absorption in Q3 raises concerns
12-month net absorption decelerates by one-third from 2018 total.
Market Data | Nov 22, 2019
Architecture Billings Index rebounds after two down months
The Architecture Billings Index (ABI) score in October is 52.0.