flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

6 must reads for the AEC industry today: May 11, 2020

Market Data

6 must reads for the AEC industry today: May 11, 2020

Nashville residential tower will rise 416 feet and the construction industry loses 975,000 jobs.


By BD+C Staff | May 11, 2020


1. Nashville's newest residential tower will rise 416 feet (BD+C) 
"A new residential tower, dubbed Alcove, set to rise at 900 Church Street in Nashville will be the first residential building adjacent to the 17-acre Nashville Yards development."

2. Data centers as a service: The next big opportunity for design teams (VIATechnik blog) 
"As data centers compete to process more data with lower latency, the AEC industry is ideally positioned to develop design standards that ensure long-term flexibility."

3. OZ Architecture releases insight report on future of senior living design (OZ Architecture) 
"In recent years, many older adult communities have shifted away from the healthcare-oriented design of skilled nursing and hospitals in favor of spaces that provide a greater sense of community and emotional well-being. However, new design challenges have arrived as highlighted by the COVID-19 pandemic, showing that older adult populations can be highly susceptible to disease and infection spread in common living communities."

4. Construction industry loses 975,000 jobs in April as new association survey shows deteriorating demand for construction projects (AGC) 
"
The economist said the loss of 975,000 construction jobs from March to April constituted nearly 13% of the industry’s employment and was, by far, the worst one-month decline ever. He added that unemployment among workers with recent construction experience soared by 1.1 million from a year earlier, to 1,531,000, while the unemployment rate in construction jumped from 4.7% in April 2019 to 16.6%."

5. While Luxury Buyers Chase ‘COVID Discount,' Developers Insist Prices Can't Go Any Lower (Bisnow)
"Developers in New York City with pricey luxury apartments to sell were facing an uphill battle in 2020, faced with a supply glut and waning demand. The hill has only gotten steeper the last two months."

6. ‘This Is The Moment’: Tenant Advocates Look To Use Economic Pain To Make Gains (Bisnow)
"While a feared collapse — or a mass strike — in residential rent and mortgage payments didn't materialize this month, housing activists plan to keep the pressure on all levels of government to cancel monthly housing payments until the pandemic has subsided."

 

Related Stories

Market Data | Nov 2, 2020

More contractors report canceled projects than starts, survey finds

Construction employment declined in most metros in latest 12 months.

Multifamily Housing | Oct 30, 2020

The Weekly show: Multifamily security tips, the state of construction industry research, and AGC's market update

BD+C editors speak with experts from AGC, Charles Pankow Foundation, and Silva Consultants on the October 29 episode of "The Weekly." The episode is available for viewing on demand.

Hotel Facilities | Oct 27, 2020

Hotel construction pipeline dips 7% in Q3 2020

Hospitality developers continue to closely monitor the impact the coronavirus will have on travel demand, according to Lodging Econometrics.

Market Data | Oct 22, 2020

Multifamily’s long-term outlook rebounds to pre-covid levels in Q3

Slump was a short one for multifamily market as 3rd quarter proposal activity soars.

Market Data | Oct 21, 2020

Architectural billings slowdown moderated in September

AIA’s ABI score for September was 47.0 compared to 40.0 in August.

Market Data | Oct 21, 2020

Only eight states top February peak construction employment despite gains in 32 states last month

California and Vermont post worst losses since February as Virginia and South Dakota add the most.

Market Data | Oct 20, 2020

AIA releases updated contracts for multi-family residential and prototype residential projects

New resources provide insights into mitigating and managing risk on complex residential design and construction projects.

Market Data | Oct 19, 2020

5 must reads for the AEC industry today: October 19, 2020

Lower cost metros outperform pricey gateway markets and E-commerce fuels industrial's unstoppable engine.

Market Data | Oct 19, 2020

Lower-cost metros continue to outperform pricey gateway markets, Yardi Matrix reports

But year-over-year multifamily trendline remained negative at -0.3%, unchanged from July.

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