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 | Aug 2, 2017
Nonresidential Construction Spending falls in June, driven by public sector
June’s weak construction spending report can be largely attributed to the public sector.
Market Data | Jul 31, 2017
U.S. economic growth accelerates in second quarter; Nonresidential fixed investment maintains momentum
Nonresidential fixed investment, a category of GDP embodying nonresidential construction activity, expanded at a 5.2% seasonally adjusted annual rate.
Multifamily Housing | Jul 27, 2017
Apartment market index: Business conditions soften, but still solid
Despite some softness at the high end of the apartment market, demand for apartments will continue to be substantial for years to come, according to the National Multifamily Housing Council.
Market Data | Jul 25, 2017
What's your employer value proposition?
Hiring and retaining talent is one of the top challenges faced by most professional services firms.
Market Data | Jul 25, 2017
Moderating economic growth triggers construction forecast downgrade for 2017 and 2018
Prospects for the construction industry have weakened with developments over the first half of the year.
Industry Research | Jul 6, 2017
The four types of strategic real estate amenities
From swimming pools to pirate ships, amenities (even crazy ones) aren’t just perks, but assets to enhance performance.
Market Data | Jun 29, 2017
Silicon Valley, Long Island among the priciest places for office fitouts
Coming out on top as the most expensive market to build out an office is Silicon Valley, Calif., with an out-of-pocket cost of $199.22.
Market Data | Jun 26, 2017
Construction disputes were slightly less contentious last year
But poorly written and administered contracts are still problems, says latest Arcadis report.
Industry Research | Jun 26, 2017
Time to earn an architecture license continues to drop
This trend is driven by candidates completing the experience and examination programs concurrently and more quickly.
Industry Research | Jun 22, 2017
ABC's Construction Backlog Indicator rebounds in 2017
The first quarter showed gains in all categories.