1. Customized labs give universities a recruiting edge (BD+C)
"When Andrew Labov began his career with CO Architects in 1987, it wasn’t all that rare for universities to customize their labs for specific users. But over the years the cost of construction and renovation became prohibitive, so universities made their lab spaces as flexible as possible."
2. A hybrid learning approach could redefine higher education (BD+C)
"Chris Purdy, AIA, LEED AP, Vice President and Higher Education Practice Director for SmithGroup, anticipates a “widespread acceptance” of the hybrid learning format. He adds that campus de-densification will require rapid, data-driven strategic planning. Erin Joseph Machau, Jacobs’ Higher Education Market Leader, sees these trends inevitably leading toward more modular and flexible design."
3. Putting 'home' at the heart of affordable housing (GBBN)
"Home is a powerful thing. It’s the place that forms you, a guiding set of relationships, memories, and experiences that, for better or worse, make you who you are. Home is also essential to developing our potential. Without a stable home, we have little prospect to be educated, advance in meaningful work, and nurture our loved ones."
4. The U.S. construction pipeline remains robust through the first half of 2020, despite pandemic (Lodging Econometrics)
"Projects currently under construction stand at 1,771 projects/235,467 rooms, up 3% and 1% respectively, YOY."
5. Occupancy in Senior Housing Hits 15-Year Low on Pandemic Fears (Bloomberg via National Real Estate Investor)
"In the second quarter, occupancy at independent living and assisted living facilities declined by 2.8 percent."
6. Post-COVID-19, Could This Be the Next Hot CRE Asset? (Commercial Property Executive)
"Though many are working from home now because of stay-at-home orders, eventually there will be a return to offices—and people want to be safe getting there."
Related Stories
Office Buildings | Jul 22, 2024
U.S. commercial foreclosures increased 48% in June from last year
The commercial building sector continues to be under financial pressure as foreclosures nationwide increased 48% in June compared to June 2023, according to ATTOM, a real estate data analysis firm.
Construction Costs | Jul 18, 2024
Data center construction costs for 2024
Gordian’s data features more than 100 building models, including computer data centers. These localized models allow architects, engineers, and other preconstruction professionals to quickly and accurately create conceptual estimates for future builds. This table shows a five-year view of costs per square foot for one-story computer data centers.
Healthcare Facilities | Jul 16, 2024
Watch on-demand: Key Trends in the Healthcare Facilities Market for 2024-2025
Join the Building Design+Construction editorial team for this on-demand webinar on key trends, innovations, and opportunities in the $65 billion U.S. healthcare buildings market. A panel of healthcare design and construction experts present their latest projects, trends, innovations, opportunities, and data/research on key healthcare facilities sub-sectors. A 2024-2025 U.S. healthcare facilities market outlook is also presented.
Market Data | Jul 16, 2024
Construction spending expected to rise, despite labor and materials snags
In the first half of 2024, construction costs stabilized. And through the remainder of this year, total cost growth is projected to be modest, and matched by an overall increase in construction spending. That prediction can be found in JLL’s 2024 Midyear Construction Update and Reforecast.
Healthcare Facilities | Jul 11, 2024
New download: BD+C's 2024 Healthcare Annual Report
Welcome to Building Design+Construction’s 2024 Healthcare Annual Report. This free 66-page special report is our first-ever “state of the state” update on the $65 billion healthcare construction sector.
Contractors | Jul 9, 2024
The average U.S. contractor has 8.4 months worth of construction work in the pipeline, as of June 2024
Associated Builders and Contractors reported today that its Construction Backlog Indicator increased to 8.4 months in June, according to an ABC member survey conducted June 20 to July 3. The reading is down 0.5 months from June 2023.
Office Buildings | Jul 8, 2024
Office vacancy peak of 22% to 28% forecasted for 2026
The work from home trend will continue to put pressure on the office real estate market, with peak vacancy of between 22% and 28% in 2026, according to a forecast by Moody’s.
Apartments | Jun 25, 2024
10 hardest places to find an apartment in 2024
The challenge of finding an available rental continues to increase for Americans nation-wide. On average, there are eight prospective tenants vying for the same vacant apartment.
Contractors | Jun 12, 2024
The average U.S. contractor has 8.3 months worth of construction work in the pipeline, as of May 2024
Associated Builders and Contractors reported that its Construction Backlog Indicator fell to 8.3 months in May, according to an ABC member survey conducted May 20 to June 4. The reading is down 0.6 months from May 2023.
MFPRO+ News | Jun 11, 2024
Rents rise in multifamily housing for May 2024
Multifamily rents rose for the fourth month in a row, according to the May 2024 National Multifamily Report. Up 0.6% year-over-year, the average U.S. asking rent increased by $6 in May, up to $1,733.
