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 | Jul 5, 2023
Nonresidential construction spending decreased in May, its first drop in nearly a year
National nonresidential construction spending decreased 0.2% in May, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.06 trillion.
Apartments | Jun 27, 2023
Average U.S. apartment rent reached all-time high in May, at $1,716
Multifamily rents continued to increase through the first half of 2023, despite challenges for the sector and continuing economic uncertainty. But job growth has remained robust and new households keep forming, creating apartment demand and ongoing rent growth. The average U.S. apartment rent reached an all-time high of $1,716 in May.
Industry Research | Jun 15, 2023
Exurbs and emerging suburbs having fastest population growth, says Cushman & Wakefield
Recently released county and metro-level population growth data by the U.S. Census Bureau shows that the fastest growing areas are found in exurbs and emerging suburbs.
Contractors | Jun 13, 2023
The average U.S. contractor has 8.9 months worth of construction work in the pipeline, as of May 2023
Associated Builders and Contractors reported that its Construction Backlog Indicator remained unchanged at 8.9 months in May, according to an ABC member survey conducted May 20 to June 7. The reading is 0.1 months lower than in May 2022. Backlog in the infrastructure category ticked up again and has now returned to May 2022 levels. On a regional basis, backlog increased in every region but the Northeast.
Industry Research | Jun 13, 2023
Two new surveys track how the construction industry, in the U.S. and globally, is navigating market disruption and volatility
The surveys, conducted by XYZ Reality and KPMG International, found greater willingness to embrace technology, workplace diversity, and ESG precepts.
| Jun 5, 2023
Communication is the key to AEC firms’ mental health programs and training
The core of recent awareness efforts—and their greatest challenge—is getting workers to come forward and share stories.
Contractors | May 24, 2023
The average U.S. contractor has 8.9 months worth of construction work in the pipeline, as of April 2023
Contractor backlogs climbed slightly in April, from a seven-month low the previous month, according to Associated Builders and Contractors.
Multifamily Housing | May 23, 2023
One out of three office buildings in largest U.S. cities are suitable for residential conversion
Roughly one in three office buildings in the largest U.S. cities are well suited to be converted to multifamily residential properties, according to a study by global real estate firm Avison Young. Some 6,206 buildings across 10 U.S. cities present viable opportunities for conversion to residential use.
Industry Research | May 22, 2023
2023 High Growth Study shares tips for finding success in uncertain times
Lee Frederiksen, Managing Partner, Hinge, reveals key takeaways from the firm's recent High Growth study.
Multifamily Housing | May 8, 2023
The average multifamily rent was $1,709 in April 2023, up for the second straight month
Despite economic headwinds, the multifamily housing market continues to demonstrate resilience, according to a new Yardi Matrix report.