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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."

 

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Spending in the nonresidential sector totaled $690.3 billion on a seasonally adjusted, annualized basis in February. The figure is a step back but still significantly higher than one year ago.

Market Data | Mar 30, 2016

10 trends for commercial real estate: JLL report

The report looks at global threats and opportunities, and how CRE firms are managing their expectations for growth.

Market Data | Mar 23, 2016

AIA: Modest expansion for Architecture Billings Index

Business conditions softening most in Midwest in recent months.  

Retail Centers | Mar 16, 2016

Food and technology will help tomorrow’s malls survive, says CallisonRTKL

CallisonRTKL foresees future retail centers as hubs with live/work/play components. 

Market Data | Mar 6, 2016

Real estate execs measure success by how well they manage ‘talent,’ costs, and growth

A new CBRE survey finds more companies leaning toward “smarter” workspaces. 

Market Data | Mar 1, 2016

ABC: Nonresidential spending regains momentum in January

Nonresidential construction spending expanded 2.5% on a monthly basis and 12.3% on a yearly basis, totaling $701.9 billion. Spending increased in January in 10 of 16 nonresidential construction sectors.  

Market Data | Mar 1, 2016

Leopardo releases 2016 Construction Economics Report

This year’s report shows that spending in 2015 reached the highest level since the Great Recession. Total spending on U.S. construction grew 10.5% to $1.1 trillion, the largest year-over-year gain since 2007. 

Market Data | Feb 26, 2016

JLL upbeat about construction through 2016

Its latest report cautions about ongoing cost increases related to finding skilled laborers.

Market Data | Feb 17, 2016

AIA reports slight contraction in Architecture Billings Index

Multifamily residential sector improving after sluggish 2015.

Market Data | Feb 11, 2016

AIA: Continued growth expected in nonresidential construction

The American Institute of Architects’ semi-annual Consensus Construction Forecast indicates a growth of 8% in construction spending in 2016, and 6.7% the following year.

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