1. Gilbane shares supply-chain status of products affected by coronavirus (BD+C)
"The supply chain, for everything from paper towels to building products, has been a major concern during the pandemic."
2. DLR Group completes LA Memorial Coliseum Renovation (BD+C)
"The modernization project improved stadium seating and circulation while replacing every seat and installing handrails throughout. The design intervention widened seats and increased leg room in many sections."
3. OSHA says most employers don’t have to track worker COVID-19 infections (BD+C)
"Agency clarifies responsibility for contractors, others."
4. Coronavirus Pushes Colleges to the Breaking Point, Forcing ‘Hard Choices’ About Education (WSJ)
"Forecasted declines in enrollment and revenue have triggered spending cuts and salary freezes."
5. Banks Not Returning to Skyscrapers Anytime Soon (Bloomberg, National Real Estate Investor)
"Bank headquarters housing thousands of staff might go out of fashion if people need to take the elevator only two at a time."
6. Over 50% of department stores in malls predicted to close by 2021, real estate services firm says (CNBC)
"Department stores still represent about 60% of the anchor space within malls today, according to Green Street Advisors. Up until the coronavirus pandemic, it has been years of “kicking the can down the road,” analyst Vince Tibone said."
Related Stories
Market Data | Oct 19, 2021
Demand for design services continues to increase
The Architecture Billings Index (ABI) score for September was 56.6.
Market Data | Oct 14, 2021
Climate-related risk could be a major headwind for real estate investment
A new trends report from PwC and ULI picks Nashville as the top metro for CRE prospects.
Market Data | Oct 14, 2021
Prices for construction materials continue to outstrip bid prices over 12 months
Construction officials renew push for immediate removal of tariffs on key construction materials.
Market Data | Oct 11, 2021
No decline in construction costs in sight
Construction cost gains are occurring at a time when nonresidential construction spending was down by 9.5 percent for the 12 months through July 2021.
Market Data | Oct 11, 2021
Nonresidential construction sector posts first job gain since March
Has yet to hit pre-pandemic levels amid supply chain disruptions and delays.
Market Data | Oct 4, 2021
Construction spending stalls between July and August
A decrease in nonresidential projects negates ongoing growth in residential work.
Market Data | Oct 1, 2021
Nonresidential construction spending dips in August
Spending declined on a monthly basis in 10 of the 16 nonresidential subcategories.
Market Data | Sep 29, 2021
One-third of metro areas lost construction jobs between August 2020 and 2021
Lawrence-Methuen Town-Salem, Mass. and San Diego-Carlsbad, Calif. top lists of metros with year-over-year employment increases.
Market Data | Sep 28, 2021
Design-Build projects should continue to take bigger shares of construction spending pie over next five years
FMI’s new study finds collaboration and creativity are major reasons why owners and AEC firms prefer this delivery method.
Market Data | Sep 22, 2021
Architecture billings continue to increase
The ABI score for August was 55.6, up from July’s score of 54.6.