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6 must reads for the AEC industry today: July 29, 2020

Market Data

6 must reads for the AEC industry today: July 29, 2020

The world's first net-zero airport and California utility adopts climate emergency declaration.


By BD+C Editors | July 29, 2020


1. CallisonRTKL to design one of the world’s first net-zero airports (BD+C) 
"Guadalajara Airport Terminal 2 will be a 30 gate, 1.2 million-sf terminal that places the passenger experience at the center of the design. It will also be one of the first net-zero airports in the world."

2. California utility adopts climate emergency declaration (BD+C) 
"The declaration includes a commitment to working toward an ambitious goal of delivering carbon-neutral electricity by 2030. “The declaration recognizes the immediate risks to our community and demands bold action to achieve results,” according to a SMUD news release."

3. For the fourth consecutive quarter, Los Angeles leads the U.S. hotel construction pipeline at the close of Q2’ 20 (Lodging Econometrics) 
"New York City continues to have the greatest number of projects under construction, with 106 projects/18,354 rooms."

4. 'The robots are coming': Hotels adjust to new reality with some unusual tools (Bisnow)
"Having to adhere to new, enhanced, stricter health and cleaning standards, and adjusting to new consumer behaviors toward human-to-human interactions, hotel operators and hospitality experts say they expect to see an acceleration in demand for robots to clean and sanitize rooms and deliver food and drink."

5. Where are the top tech talent markets? (Commercial Property Executive)
"Three metros continue their dominance, while the entire sector looks to weather the effects of the COVID-19 pandemic."

6. U.S. Airlines Face the End of Business Travel as They Knew It (Bloomberg, via National Real Estate Investor)
"Half the respondents in a survey of Fortune 500 CEOs said trips at their companies would never return to what they were before Covid-19."

 

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Hotel Facilities | May 2, 2023

U.S. hotel construction up 9% in the first quarter of 2023, led by Marriott and Hilton

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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

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Healthcare Facilities | Apr 13, 2023

Healthcare construction costs for 2023

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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

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