1. New Shenzhen Children’s Hospital will be covered in sky gardens (BD+C)
"The new hospital will be built to the west of the existing Shenzhen Children’s Hospital campus. It will take design cues from the surrounding mountains and adopt a gently terracing approach with the upper floors stepping back to allow the building to be covered in multiple sky gardens."
2. Designing, redeveloping communities for zero energy needed to address climate change (BD+C)
"Tackling building energy use at the district level provides economies of scale in heating and cooling. Used on some U.S. college and other campuses, systems with a central plant that burns natural gas to heat water, which then is circulated to the various buildings, are more efficient than dedicated systems for each building."
3. Oklahoma State University’s North Academic Building begins construction (BD+C)
"Initial programming and conceptual design for the building was completed in 2018. Once complete, the ME office will be one of only a few in the country that is directly and physically connected with an academic health center. "
4. Can smart buildings outsmart coronavirus? (Bisnow)
"Does the latest approach to master-systems integration really offer the chance to make the post-pandemic workplace hum with life, or is it just another big upfront risk for landlords?"
5. Suburban garden-style apartments will be the future of the multifamily sector (National Real Estate Investor)
"With their exterior access and outdoor common areas, garden-style apartments hold greater appeal for virus-wary renters."
6. Hotels: Occupancy rate declined 38% year-over-year (HotelNewsNow.com via Calculated Risk)
"U.S. hotel performance data for the week ending 25 July showed slightly higher occupancy and room rates from the previous week, according to STR."
Related Stories
Industry Research | Jan 31, 2024
ASID identifies 11 design trends coming in 2024
The Trends Outlook Report by the American Society of Interior Designers (ASID) is the first of a three-part outlook series on interior design. This design trends report demonstrates the importance of connection and authenticity.
Apartments | Jan 26, 2024
New apartment supply: Top 5 metros delivering in 2024
Nationally, the total new apartment supply amounts to around 1.4 million units—well exceeding the apartment development historical average of 980,000 units.
Self-Storage Facilities | Jan 25, 2024
One-quarter of self-storage renters are Millennials
Interest in self-storage has increased in over 75% of the top metros according to the latest StorageCafe survey of self-storage preferences. Today, Millennials make up 25% of all self-storage renters.
Industry Research | Jan 23, 2024
Leading economists forecast 4% growth in construction spending for nonresidential buildings in 2024
Spending on nonresidential buildings will see a modest 4% increase in 2024, after increasing by more than 20% last year according to The American Institute of Architects’ latest Consensus Construction Forecast. The pace will slow to just over 1% growth in 2025, a marked difference from the strong performance in 2023.
Construction Costs | Jan 22, 2024
Construction material prices continue to normalize despite ongoing challenges
Gordian’s most recent Quarterly Construction Cost Insights Report for Q4 2023 describes an industry still attempting to recover from the impact of COVID. This was complicated by inflation, weather, and geopolitical factors that resulted in widespread pricing adjustments throughout the construction materials industries.
Hotel Facilities | Jan 22, 2024
U.S. hotel construction is booming, with a record-high 5,964 projects in the pipeline
The hotel construction pipeline hit record project counts at Q4, with the addition of 260 projects and 21,287 rooms over last quarter, according to Lodging Econometrics.
Multifamily Housing | Jan 15, 2024
Multifamily rent growth rate unchanged at 0.3%
The National Multifamily Report by Yardi Matrix highlights the highs and lows of the multifamily market in 2023. Despite strong demand, rent growth remained unchanged at 0.3 percent.
Self-Storage Facilities | Jan 5, 2024
The state of self-storage in early 2024
As the housing market cools down, storage facilities suffer from lower occupancy and falling rates, according to the December 2023 Yardi Matrix National Self Storage Report.
Designers | Dec 25, 2023
Redefining the workplace is a central theme in Gensler’s latest Design Report
The firm identifies eight mega trends that mostly stress human connections.
Contractors | Dec 12, 2023
The average U.S. contractor has 8.5 months worth of construction work in the pipeline, as of November 2023
Associated Builders and Contractors reported today that its Construction Backlog Indicator inched up to 8.5 months in November from 8.4 months in October, according to an ABC member survey conducted Nov. 20 to Dec. 4. The reading is down 0.7 months from November 2022.