1. Ryan Companies breaks ground on 122-acre Highland Bridge redevelopment in St. Paul, Minn. (BD+C)
"This $1.3 billion project—whose funding includes $320 million in public and private investments for parks, infrastructure, affordable housing, and tax-increment financing—has been a decade in the making. Bringing the master plan to life involved 45 public meetings that drew 1,300 attendees, and 80 presentations to business, civic, and nonprofit groups."
2. Never waste a crisis (BD+C)
"Count Fred Bland among the AEC executives who were blown away by how efficiently their associates performed from home during the pandemic lockdown. “It was a great surprise to me that, remotely, we’ve been able to serve our clients well,” says Bland, FAIA, AICP, Managing Partner with Beyer Blinder Belle. He attributed that success to a combination of technology and esprit de corps."
3. A Florida company is helping developers optimize their buildings’ parking amenities (BD+C)
"RPS, which built the first autonomous garage in the United States in Hoboken, N.J., in 2001 (a garage that’s still operational to this day), has been focusing its attention in recent years on the Middle East. The company is preparing to release an online, AIA-approved education program that provides details for planning, installation, and operation of autonomous parking facilities.
4. Will luxury condos sell in a pandemic? SF High-rise is the market’s first big test (San Francisco Chronicle via National Real Estate Investor)
“Despite the difficulties of selling luxury condos in a downtown neighborhood mostly bereft of workers and festooned with boarded-up stores and restaurants, San Francisco’s condo market is performing far better than its rental housing market, as families put a premium on quality living spaces during shelter-in-place.”
5. The hottest job in commercial real estate? Infectious disease expert (Fast Company via National Real Estate Investor)
"Even after the pandemic, the chief health officer could be a permanent fixture in real estate."
6. ‘I can’t keep doing this:’ Small business owners are giving up (New York Times via National Real Estate Investor)
“More owners are permanently shutting their doors after new lockdown orders, realizing that there may be no end in sight to the crisis.”
Related Stories
Market Data | Apr 21, 2020
ABC's Construction Backlog Indicator down in February
Backlog for firms working in the infrastructure segment rose by 1.3 months in February while backlog for commercial and institutional and heavy industrial firms declined by 0.6 months and 0.7 months, respectively.
Market Data | Apr 21, 2020
5 must reads for the AEC industry today: April 21, 2020
IoT system helps contractors keep their distance and the multifamily market flattens.
Market Data | Apr 20, 2020
6 must reads for the AEC industry today: April 20, 2020
The continent's tallest living wall and NMHC survey shows significant delays in apartment construction.
Market Data | Apr 17, 2020
Construction employment declines in 20 states and D.C. in March, in line with industry survey showing growing job losses for the sector
New monthly job loss data foreshadows more layoffs amid project cancellations and state cutbacks in road projects as association calls for more small business relief and immediate aid for highway funding.
Market Data | Apr 17, 2020
5 must reads for the AEC industry today: April 17, 2020
Meet the 'AEC outsiders' pushing the industry forward and the world's largest Living Building.
Market Data | Apr 16, 2020
5 must reads for the AEC industry today: April 16, 2020
The SMPS Foundation and Building Design+Construction are studying the impact of the coronavirus pandemic on the ability to attain and retain clients and conduct projects and Saks Fifth Avenue plans a sanitized post-coronavirus opening.
Market Data | Apr 15, 2020
5 must reads for the AEC industry today: April 15, 2020
Buildings as "open source platforms" and 3D printing finds its grove producing face shields.
Market Data | Apr 14, 2020
6 must reads for the AEC industry today: April 14, 2020
A robot dog conducts site inspections and going to the library with little kids just got easier.
Market Data | Apr 13, 2020
6 must reads for the AEC industry today: April 13, 2020
How prefab can enable the AEC industry to quickly create new hospital beds and Abu Dhabi launches a design competition focused on reducing urban heat island effect.
Market Data | Apr 10, 2020
5 must reads for the AEC industry today: April 10, 2020
Designing for the next generation of student life and a mass timber Ramada Hotel rises in British Columbia.