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 | Jul 5, 2023
Nonresidential construction spending decreased in May, its first drop in nearly a year
National nonresidential construction spending decreased 0.2% in May, 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 $1.06 trillion.
Apartments | Jun 27, 2023
Average U.S. apartment rent reached all-time high in May, at $1,716
Multifamily rents continued to increase through the first half of 2023, despite challenges for the sector and continuing economic uncertainty. But job growth has remained robust and new households keep forming, creating apartment demand and ongoing rent growth. The average U.S. apartment rent reached an all-time high of $1,716 in May.
Industry Research | Jun 15, 2023
Exurbs and emerging suburbs having fastest population growth, says Cushman & Wakefield
Recently released county and metro-level population growth data by the U.S. Census Bureau shows that the fastest growing areas are found in exurbs and emerging suburbs.
Contractors | Jun 13, 2023
The average U.S. contractor has 8.9 months worth of construction work in the pipeline, as of May 2023
Associated Builders and Contractors reported that its Construction Backlog Indicator remained unchanged at 8.9 months in May, according to an ABC member survey conducted May 20 to June 7. The reading is 0.1 months lower than in May 2022. Backlog in the infrastructure category ticked up again and has now returned to May 2022 levels. On a regional basis, backlog increased in every region but the Northeast.
Industry Research | Jun 13, 2023
Two new surveys track how the construction industry, in the U.S. and globally, is navigating market disruption and volatility
The surveys, conducted by XYZ Reality and KPMG International, found greater willingness to embrace technology, workplace diversity, and ESG precepts.
| Jun 5, 2023
Communication is the key to AEC firms’ mental health programs and training
The core of recent awareness efforts—and their greatest challenge—is getting workers to come forward and share stories.
Contractors | May 24, 2023
The average U.S. contractor has 8.9 months worth of construction work in the pipeline, as of April 2023
Contractor backlogs climbed slightly in April, from a seven-month low the previous month, according to Associated Builders and Contractors.
Multifamily Housing | May 23, 2023
One out of three office buildings in largest U.S. cities are suitable for residential conversion
Roughly one in three office buildings in the largest U.S. cities are well suited to be converted to multifamily residential properties, according to a study by global real estate firm Avison Young. Some 6,206 buildings across 10 U.S. cities present viable opportunities for conversion to residential use.
Industry Research | May 22, 2023
2023 High Growth Study shares tips for finding success in uncertain times
Lee Frederiksen, Managing Partner, Hinge, reveals key takeaways from the firm's recent High Growth study.
Multifamily Housing | May 8, 2023
The average multifamily rent was $1,709 in April 2023, up for the second straight month
Despite economic headwinds, the multifamily housing market continues to demonstrate resilience, according to a new Yardi Matrix report.
