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 | Feb 20, 2019
Strong start to 2019 for architecture billings
“The government shutdown affected architecture firms, but doesn’t appear to have created a slowdown in the profession,” said AIA Chief Economist Kermit Baker, Hon. AIA, PhD, in the latest ABI report.
Market Data | Feb 19, 2019
ABC Construction Backlog Indicator steady in Q4 2018
CBI reached a record high of 9.9 months in the second quarter of 2018 and averaged about 9.1 months throughout all four quarters of last year.
Market Data | Feb 14, 2019
U.S. Green Building Council announces top 10 countries and regions for LEED green building
The list ranks countries and regions in terms of cumulative LEED-certified gross square meters as of December 31, 2018.
Market Data | Feb 13, 2019
Increasingly tech-enabled construction industry powers forward despite volatility
Construction industry momentum to carry through first half of 2019.
Market Data | Feb 4, 2019
U.S. Green Building Council announces annual Top 10 States for LEED Green Building in 2018
Illinois takes the top spot as USGBC defines the next generation of green building with LEED v4.1.
Market Data | Feb 4, 2019
Nonresidential construction spending dips in November
Total nonresidential spending stood at $751.5 billion on a seasonally adjusted annualized rate.
Market Data | Feb 1, 2019
The year-end U.S. hotel construction pipeline continues steady growth trend
Project counts in the early planning stage continue to rise reaching an all-time high of 1,723 projects/199,326 rooms.
Market Data | Feb 1, 2019
Construction spending is projected to increase by more than 11% through 2022
FMI’s annual outlook also expects the industry’s frantic M&A activity to be leavened by caution going forward.
Market Data | Jan 23, 2019
Architecture billings slow, but close 2018 with growing demand
AIA’s Architecture Billings Index (ABI) score for December was 50.4 compared to 54.7 in November.
Market Data | Jan 16, 2019
AIA 2019 Consensus Forecast: Nonresidential construction spending to rise 4.4%
The education, public safety, and office sectors will lead the growth areas this year, but AIA's Kermit Baker offers a cautious outlook for 2020.