1. Two 56-story prefabricated towers will make up Singapore’s newest residential district (BD+C)
"Avenue South Residences will be an innovative and eco-conscious residential district in Singapore anchored by two, 56-story skyscrapers nestled among five historically preserved buildings."
2. Going viral: How the coronavirus pandemic could change the built environment (BD+C)
"Architecture and construction firms—and their clients—are asking new questions about infection control as it pertains to people assembly, building wellness, and technology."
3. NFPA develops business reopening checklist for fire and life safety measures (NFPA)
"The new checklist helps building owners and facility managers ensure fire and life safety as businesses prepare to re-open amid the coronavirus pandemic."
4. CannonDesign unveils COVID Shield (CannonDesign)
"The COVID Shield can be assembled as a single unit or connected to others, to form a modular pavilion of testing stations. Its flexibility and easy alteration allow it to adapt to fast-changing testing protocols, and a variety of site footprints."
5. Survey Finds May Was Better Than April For Commercial Real Estate Developers (GlobeSt)
"There was only one metric that got worse from April to May: The number of respondents who see delays in financing. Otherwise, coronavirus impacts on projects got slightly better for every metric that the survey measured."
6. Coronavirus Downdraft Has Airports Scaling Back Renovation Plans (WSJ)
"San Francisco, Orlando and Heathrow delay or reduce construction projects; ‘it simply wasn’t required that we do it right now’"
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Nonresidential construction spending up 6.4% year over year in April
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Market Data | Jun 3, 2019
4.1% annual growth in office asking rents above five-year compound annual growth rate
Market has experienced no change in office vacancy rates in three quarters.
Market Data | May 30, 2019
Construction employment increases in 250 out of 358 metros from April 2018 to April 2019
Demand for work is outpacing the supply of workers.
Market Data | May 24, 2019
Construction contractors confidence remains high in March
More than 70% of contractors expect to increase staffing levels over the next six months.
Market Data | May 22, 2019
Slight rebound for architecture billings in April
AIA’s ABI score for April showed a small increase in design services at 50.5 in April.
Market Data | May 9, 2019
The U.S. hotel construction pipeline continues to grow in the first quarter as the economy shows surprising strength
Projects currently under construction stand at 1,709 projects/227,924 rooms.
Market Data | May 9, 2019
Construction input prices continue to rise
Nonresidential input prices rose 0.9% compared to March and are up 2.8% on an annual basis.
Market Data | May 7, 2019
Construction costs in major metros continued to climb last year
Latest Rider Levett Bucknall report estimates rise at more than double the rate of 2018 Growth Domestic Product.
Market Data | Apr 29, 2019
U.S. economic growth crosses 3% threshold to begin the year
Growth was fueled by myriad factors, including personal consumption expenditures, private inventory investment, surprisingly rapid growth in exports, state and local government spending and intellectual property.
Market Data | Apr 18, 2019
ABC report: 'Confidence seems to be making a comeback in America'
The Construction Confidence Index remained strong in February, according to the Associated Builders and Contractors.
