1. Skanska selects Pickard Chilton to design innovative office tower in Bellevue, Wash. (BD+C)
"The project will feature 540,000-sf of commercial office space with open floor plates and 10-foot ceiling heights, a 7,000-sf public plaza, 12,000-sf of ground floor retail, and a 1,200-sf retail pavilion built with heavy timber."
2. New version of IAPMO’s Water Demand Calculator is available (BD+C)
"Version 2.0 includes some notable enhancements. Among them is the addition of a drop-down menu offering a selection between single- and multifamily buildings."
3. Mobile app calculates sound transmission for wood-framed assemblies (BD+C)
"Compliance with these requirements may be demonstrated through testing or through engineering analysis based on empirical test data from similar assemblies. The Acoustics App uses the AWC empirical model, based on empirical test data, to estimate STC and IIC values that can be used to demonstrate compliance of wood-frame floor-ceiling assemblies with these code-regulated sound transmission parameters."
4. Introducing The Hometel: The new hospitality concept that actually pays rent, post-coronavirus (Bisnow)
"This week the budget hometel concept joined the aparthotel, the poshtel, the student hotel and half a dozen others in the hunt for new ways to claim a slice of the short and medium-stay market."
5. Slideshow: Retailers That Have—and Haven’t—Paid Rent During COVID-19 (National Real Estate Investor)
"Many businesses have put a pause on paying rent during the COVID-19 pandemic, while others have not missed a beat, according to a Datex report."
6. Days grow long at nursing homes as virus lockdowns drag on (AP)
"Life has frozen at this nursing home, walled off for four months by a virus that’s zeroed in on the old. And with the pandemic raging outside, there’s no telling when the thaw might come."
Related Stories
Market Data | May 2, 2023
Nonresidential construction spending up 0.7% in March 2023 versus previous month
National nonresidential construction spending increased by 0.7% in March, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $997.1 billion for the month.
Hotel Facilities | May 2, 2023
U.S. hotel construction up 9% in the first quarter of 2023, led by Marriott and Hilton
In the latest United States Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts report that construction pipeline projects in the U.S. continue to increase, standing at 5,545 projects/658,207 rooms at the close of Q1 2023. Up 9% by both projects and rooms year-over-year (YOY); project totals at Q1 ‘23 are just 338 projects, or 5.7%, behind the all-time high of 5,883 projects recorded in Q2 2008.
Market Data | May 1, 2023
AEC firm proposal activity rebounds in the first quarter of 2023: PSMJ report
Proposal activity for architecture, engineering and construction (A/E/C) firms increased significantly in the 1st Quarter of 2023, according to PSMJ’s Quarterly Market Forecast (QMF) survey. The predictive measure of the industry’s health rebounded to a net plus/minus index (NPMI) of 32.8 in the first three months of the year.
Industry Research | Apr 25, 2023
The commercial real estate sector shouldn’t panic (yet) about recent bank failures
A new Cushman & Wakefield report depicts a “well capitalized” banking industry that is responding assertively to isolated weaknesses, but is also tightening its lending.
Architects | Apr 21, 2023
Architecture billings improve slightly in March
Architecture firms reported a modest increase in March billings. This positive news was tempered by a slight decrease in new design contracts according to a new report released today from The American Institute of Architects (AIA). March was the first time since last September in which billings improved.
Contractors | Apr 19, 2023
Rising labor, material prices cost subcontractors $97 billion in unplanned expenses
Subcontractors continue to bear the brunt of rising input costs for materials and labor, according to a survey of nearly 900 commercial construction professionals.
Data Centers | Apr 14, 2023
JLL's data center outlook: Cloud computing, AI driving exponential growth for data center industry
According to JLL’s new Global Data Center Outlook, the mass adoption of cloud computing and artificial intelligence (AI) is driving exponential growth for the data center industry, with hyperscale and edge computing leading investor demand.
Healthcare Facilities | Apr 13, 2023
Healthcare construction costs for 2023
Data from Gordian breaks down the average cost per square foot for a three-story hospital across 10 U.S. cities.
Higher Education | Apr 13, 2023
Higher education construction costs for 2023
Fresh data from Gordian breaks down the average cost per square foot for a two-story college classroom building across 10 U.S. cities.
Market Data | Apr 13, 2023
Construction input prices down year-over-year for first time since August 2020
Construction input prices increased 0.2% in March, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics Producer Price Index data released today. Nonresidential construction input prices rose 0.4% for the month.
