flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

6 must reads for the AEC industry today: July 27, 2020

Market Data

6 must reads for the AEC industry today: July 27, 2020

Customized labs give universities a recruiting edge and the U.S. construction pipeline remains robust through the first half of 2020.


By BD+C Editors | July 27, 2020


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

Market Data | Nov 14, 2019

Construction input prices unchanged in October

Nonresidential construction input prices fell 0.1% for the month and are down 2.0% compared to the same time last year.

Multifamily Housing | Nov 7, 2019

Multifamily construction market remains strong heading into 2020

Fewer than one in 10 AEC firms doing multifamily work reported a decrease in proposal activity in Q3 2019, according to a PSMJ report.

Market Data | Nov 5, 2019

Construction and real estate industry deals in September 2019 total $21.7bn globally

In terms of number of deals, the sector saw a drop of 4.4% over the last 12-month average.

Market Data | Nov 4, 2019

Nonresidential construction spending rebounds slightly in September

Private nonresidential spending fell 0.3% on a monthly basis and is down 5.7% compared to the same time last year.

Market Data | Nov 1, 2019

GDP growth expands despite reduction in nonresident investment

The annual rate for nonresidential fixed investment in structures declined 15.3% in the third quarter.

Market Data | Oct 24, 2019

Architecture Billings Index downturn moderates as challenging conditions continue

The Architecture Billings Index (ABI) score in September is 49.7.

Market Data | Oct 23, 2019

ABC’s Construction Backlog Indicator rebounds in August

The primary issue for most contractors is not a lack of demand, but an ongoing and worsening shortage of skilled workers available to meet contractual requirements.

Multifamily Housing | Oct 16, 2019

A new study wonders how many retiring adults will be able to afford housing

Harvard’s Joint Center for Housing Studies focuses on growing income disparities among people 50 or older.

Market Data | Oct 9, 2019

Two ULI reports foresee a solid real estate market through 2021

Market watchers, though, caution about a “surfeit” of investment creating a bubble.

Market Data | Oct 4, 2019

Global construction output growth will decline to 2.7% in 2019

It will be the slowest pace of growth in a decade, according to GlobalData.

boombox1
boombox2
native1

More In Category




halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021