1. The largest single sloped solar array in the country completes (BD+C)
"The $5 million project includes 4,784 silicon solar panels that cover 133,000 sf across the steel frame of the original 1943 building at a slope of 20 degrees. The panels were installed using an access platform netting material, called the Spider WorkWeb, and attached to the steel skeleton of the original mill building, which envelops the two new construction buildings below."
2. New VA care center showcases the agency’s P3 approach to financing healthcare facilities (BD+C)
"The Omaha facility’s $86 million price tag was defrayed by $30 million in private contributions funneled through the nonprofit Heritage Services, the project’s construction manager, which donated its services and the building to the VA."
3. COVID-19 reboot guide offers strategies for reopening K-12 schools (BD+C)
"The guide includes diagrams that describe how to revamp spaces to make them safer for the return of students."
4. Renewing the healing role of public parks (SmithGroup)
"While we can’t accurately predict all the ways we will respond to the current COVID-19 pandemic, it should provide a moment of reflection as we see all too clearly the consequences of our exploitation and destruction of nature."
5. Urban multifamily dips In Q2 as renters look To lower-cost areas (Bisnow)
"Amid passable renewal rates and a lack of rent growth, some multifamily owners have reported that occupancy in urban multifamily assets fell during the second quarter, reflecting tenants’ shifting priorities in the face of the coronavirus pandemic."
6. Office markets under pressure as coronavirus squeezes cities (WSJ)
"Companies rethink rented space as remote work takes hold; fears of urban malaise begin to swirl."
Related Stories
Market Data | Jun 3, 2019
Nonresidential construction spending up 6.4% year over year in April
Among the 16 sectors tracked by the U.S. Census Bureau, nine experienced an increase in monthly spending, led by water supply and highway and street.
Market Data | Jun 3, 2019
4.1% annual growth in office asking rents above five-year compound annual growth rate
Market has experienced no change in office vacancy rates in three quarters.
Market Data | May 30, 2019
Construction employment increases in 250 out of 358 metros from April 2018 to April 2019
Demand for work is outpacing the supply of workers.
Market Data | May 24, 2019
Construction contractors confidence remains high in March
More than 70% of contractors expect to increase staffing levels over the next six months.
Market Data | May 22, 2019
Slight rebound for architecture billings in April
AIA’s ABI score for April showed a small increase in design services at 50.5 in April.
Market Data | May 9, 2019
The U.S. hotel construction pipeline continues to grow in the first quarter as the economy shows surprising strength
Projects currently under construction stand at 1,709 projects/227,924 rooms.
Market Data | May 9, 2019
Construction input prices continue to rise
Nonresidential input prices rose 0.9% compared to March and are up 2.8% on an annual basis.
Market Data | May 7, 2019
Construction costs in major metros continued to climb last year
Latest Rider Levett Bucknall report estimates rise at more than double the rate of 2018 Growth Domestic Product.
Market Data | Apr 29, 2019
U.S. economic growth crosses 3% threshold to begin the year
Growth was fueled by myriad factors, including personal consumption expenditures, private inventory investment, surprisingly rapid growth in exports, state and local government spending and intellectual property.
Market Data | Apr 18, 2019
ABC report: 'Confidence seems to be making a comeback in America'
The Construction Confidence Index remained strong in February, according to the Associated Builders and Contractors.