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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."

 

Related Stories

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Census Bureau revises 10 years’ worth of construction spending figures

The largest revisions came in the last two years and were largely upward.

Market Data | Jan 5, 2016

Majority of AEC firms saw growth in 2015, remain optimistic for 2016: BD+C survey

By all indications, 2015 was another solid year for U.S. architecture, engineering, and construction firms.

Market Data | Jan 5, 2016

Nonresidential construction spending falters in November

Only 4 of 16 subsectors showed gains

Market Data | Dec 15, 2015

AIA: Architecture Billings Index hits another bump

Business conditions show continued strength in South and West regions.  

Market Data | Dec 7, 2015

2016 forecast: Continued growth expected for the construction industry

ABC forecasts growth in nonresidential construction spending of 7.4% in 2016 along with growth in employment and backlog.

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