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6 must reads for the AEC industry today: August 3, 2020

Market Data

6 must reads for the AEC industry today: August 3, 2020

The future is a number game for retail and restaurants and 5 reasons universities are renovating student housing.


By BD+C Editors | August 3, 2020


1. The future is a numbers game for retail and restaurants (BD+C) 
"Brick-and-mortar retailers, already gasping for air under pressure from ecommerce, were dealt a critical blow by the spread of the coronavirus that forced most stores and restaurants to close, or at best operate as carryout- or delivery-only providers."

2. Marriott, Hilton, and IHG continue to dominate the U.S. hotel construction pipeline at Q2’20 close (Lodging Econometrics) 
"Hilton’s Home2 Suites and IHG’s Holiday Inn Express continue to be the most prominent brands in the U.S. pipeline."

3. 5 reasons universities are renovating student housing (Clark Nexsen) 
"Much of the student housing in need of renovation today was built for the “boomer” generation of the 1950s and 1960s. Facility design for this generation was more pragmatic than anything, with a large portion of new buildings constructed simply to accommodate the large influx of students."

4. Can covid spread with air conditioning? HVAC makers plan upgrades (Bloomberg, via National Real Estate Investor)
"Many of the methods to reduce pathogens have been around for years, such as UV light and bipolar ionization."

5. Unlocking the Value of College Real Estate (Inside Higher Ed)
"While the pandemic has created significant financial challenges for many higher education institutions, the campus itself may be the solution."

6. Why mall landlords are turning empty anchors into fulfillment centers (National Real Estate Investor)
"Washington Prime Group is among the landlords who are filling anchor vacancies with fulfillment operations."

 

Related Stories

Healthcare Facilities | Feb 18, 2021

The Weekly show, Feb 18, 2021: What patients want from healthcare facilities, and Post-COVID retail trends

This week on The Weekly show, BD+C editors speak with AEC industry leaders from JLL and Landini Associates about what patients want from healthcare facilities, based on JLL's recent survey of 4,015 patients, and making online sales work for a retail sector recovery.

Market Data | Feb 17, 2021

Soaring prices and delivery delays for lumber and steel squeeze finances for construction firms already hit by pandemic

Association officials call for removing tariffs on key materials to provide immediate relief for hard-hit contractors and exploring ways to expand long-term capacity for steel, lumber and other materials,

Market Data | Feb 9, 2021

Construction Backlog and contractor optimism rise to start 2021, according to ABC member survey

Despite the monthly uptick, backlog is 0.9 months lower than in January 2020.

Market Data | Feb 9, 2021

USGBC top 10 states for LEED in 2020

The Top 10 States for LEED green building is based on gross square feet of certified space per person using 2010 U.S. Census data and includes commercial and institutional projects certified in 2020.

Market Data | Feb 8, 2021

Construction employment stalls in January with unemployment rate of 9.4%

New measures threaten to undermine recovery.

Market Data | Feb 4, 2021

Construction employment declined in 2020 in majority of metro areas

Houston-The Woodlands-Sugar Land and Brockton-Bridgewater-Easton, Mass. have worst 2020 losses, while Indianapolis-Carmel-Anderson, Ind. and Walla Walla, Wash. register largest gains in industry jobs.

Market Data | Feb 3, 2021

Construction spending diverges in December with slump in private nonresidential sector, mixed public work, and boom in homebuilding

Demand for nonresidential construction and public works will decline amid ongoing pandemic concerns.

Market Data | Feb 1, 2021

The New York City market is back on top and leads the U.S. hotel construction pipeline

New York City has the greatest number of projects under construction with 108 projects/19,439 rooms.

Market Data | Jan 29, 2021

Multifamily housing construction outlook soars in late 2020

Exceeds pre-COVID levels, reaching highest mark since 1st quarter 2018.

Market Data | Jan 29, 2021

The U.S. hotel construction pipeline stands at 5,216 projects/650,222 rooms at year-end 2020

At the end of Q4 ‘20, projects currently under construction stand at 1,487 projects/199,700 rooms.

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