flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

6 must reads for the AEC industry today: August 18, 2020

Market Data

6 must reads for the AEC industry today: August 18, 2020

The world's first AI-driven facade system and LA's Greek Theatre restoriation completes.


By BD+C Editors | August 18, 2020


1. New Sydney towers will have the world’s first AI-driven facade system (BD+C)
"The project will comprise approximately 1.6 million sf of office and retail space and be one of the most sustainable commercial developments in Australia, powered by 100% renewable energy, with workplace environments that integrate nature and a range of amenities."

2. LA’s Greek Theater restoration completes (BD+C)
"The renovation project for the 90-year-old theatre began in 2015 after the Greek Revival-inspired architecture began to lose its historic luster."

3. Covid-19 and campus life: Where do we go from here? (LS3P) 
"Functioning as towns and cities within greater communities, higher education institutions uniquely provide comprehensive services to students, faculty, and staff as well as local municipalities including academic, research, workplace, residential, wellness, healthcare, food service, transportation, and entertainment facilities and services."

4. ASCE seeks comments on seismic standard (BD+C) 
"ASCE’s second public comment period on the update to ASCE/SEI 43-XX Seismic Design Criteria for Structures, Systems, and Components in Nuclear Facilities will be held from August 7, 2020 to September 21, 2020. Changes to the standard were made by a committee after the first public comment period."

5. Universities face half-empty student housing as fall semester approaches (Bisnow)
"Fall is approaching, and universities around the country are mobilizing their resources to manage the return of students to campus during an active pandemic. Many will not return full time, opting instead for a hybrid of in-person and online learning."

6. Busted retailers use bankruptcy to break leases by the thousands (Bloomberg via National Real Estate Investor)
"Chains from J. Crew to Ann Taylor are using bankruptcy filings to avoid protracted negotiations with individual landlords."

 

Related Stories

Apartments | Aug 22, 2023

Key takeaways from RCLCO's 2023 apartment renter preferences study

Gregg Logan, Managing Director of real estate consulting firm RCLCO, reveals the highlights of RCLCO's new research study, “2023 Rental Consumer Preferences Report.” Logan speaks with BD+C's Robert Cassidy. 

Market Data | Aug 18, 2023

Construction soldiers on, despite rising materials and labor costs

Quarterly analyses from Skanska, Mortenson, and Gordian show nonresidential building still subject to materials and labor volatility, and regional disparities. 

Apartments | Aug 14, 2023

Yardi Matrix updates near-term multifamily supply forecast

The multifamily housing supply could increase by up to nearly 7% by the end of 2023, states the latest Multifamily Supply Forecast from Yardi Matrix.

Hotel Facilities | Aug 2, 2023

Top 5 markets for hotel construction

According to the United States Construction Pipeline Trend Report by Lodging Econometrics (LE) for Q2 2023, the five markets with the largest hotel construction pipelines are Dallas with a record-high 184 projects/21,501 rooms, Atlanta with 141 projects/17,993 rooms, Phoenix with 119 projects/16,107 rooms, Nashville with 116 projects/15,346 rooms, and Los Angeles with 112 projects/17,797 rooms.

Market Data | Aug 1, 2023

Nonresidential construction spending increases slightly in June

National nonresidential construction spending increased 0.1% in June, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. Spending is up 18% over the past 12 months. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.07 trillion in June.

Hotel Facilities | Jul 27, 2023

U.S. hotel construction pipeline remains steady with 5,572 projects in the works

The hotel construction pipeline grew incrementally in Q2 2023 as developers and franchise companies push through short-term challenges while envisioning long-term prospects, according to Lodging Econometrics.

Hotel Facilities | Jul 26, 2023

Hospitality building construction costs for 2023

Data from Gordian breaks down the average cost per square foot for 15-story hotels, restaurants, fast food restaurants, and movie theaters across 10 U.S. cities: Boston, Chicago, Las Vegas, Los Angeles, Miami, New Orleans, New York, Phoenix, Seattle, and Washington, D.C.

Market Data | Jul 24, 2023

Leading economists call for 2% increase in building construction spending in 2024

Following a 19.7% surge in spending for commercial, institutional, and industrial buildings in 2023, leading construction industry economists expect spending growth to come back to earth in 2024, according to the July 2023 AIA Consensus Construction Forecast Panel. 

Contractors | Jul 13, 2023

Construction input prices remain unchanged in June, inflation slowing

Construction input prices remained unchanged in June compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics Producer Price Index data released today. Nonresidential construction input prices were also unchanged for the month.

Contractors | Jul 11, 2023

The average U.S. contractor has 8.9 months worth of construction work in the pipeline, as of June 2023

Associated Builders and Contractors reported that its Construction Backlog Indicator remained unchanged at 8.9 months in June 2023, according to an ABC member survey conducted June 20 to July 5. The reading is unchanged from June 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