1. New Foster + Partners-designed hospital begins construction in Cairo (BD+C)
"The 300-bed hospital has views of the Pyramids of Giza and is set within a verdant landscape with a lake and seeks to optimize the overall patient experience and decrease recovery times."
2. A new interprofessional hub opens on U. Minnesota’s campus (BD+C)
"The 202,000-sf Education Center is positioned to be one of the more comprehensive interprofessional facilities in the country. The project entailed six stories of new construction, and four stories of renovation of an adjacent building. The two structures are connected by portals on four floors."
3. Heat pumps are the future for hot water (BD+C)
"Heat pump water heaters (HPWHs) have been sold in the U.S. for over 40 years, but have struggled to penetrate the market. This has left the construction industry with few case studies, best practices, and expert practitioners."
4. 8 (more) noteworthy multifamily projects to debut in 2020 (BD+C)
"An office-to-apartment conversion in Clearwater, Fla., and a modular affordable housing community in Portland, Ore., highlight the latest multifamily developments to open this year."
5. Amazon, big-box chains, 3PLs among the most rapidly expanding industrial tenants (National Real Estate Investor)
"With e-commerce sales booming, these companies are leasing up new distribution and fulfillment facilities."
6. Pendulum swinging back away from open offices due to pandemic (Bisnow)
"The coronavirus pandemic scrambled all expectations about the office market. Many corporate leaders say the work-from-home model has been quite successful, and plan to let a portion of their workforce continue at home even after the pandemic subsides. But many also say mentoring new recruits and building a healthy corporate culture can’t be done on Zoom calls. That means even though no one knows how much space companies will need in 2021, landlords, brokers and property managers still need to find safe ways for their clients and tenants to return."
Related Stories
Market Data | Nov 22, 2021
Only 16 states and D.C. added construction jobs since the pandemic began
Texas, Wyoming have worst job losses since February 2020, while Utah, South Dakota add the most.
Market Data | Nov 10, 2021
Construction input prices see largest monthly increase since June
Construction input prices are 21.1% higher than in October 2020.
Market Data | Nov 9, 2021
Continued increases in construction materials prices starting to drive up price of construction projects
Supply chain and labor woes continue.
Market Data | Nov 5, 2021
Construction firms add 44,000 jobs in October
Gain occurs even as firms struggle with supply chain challenges.
Market Data | Nov 3, 2021
One-fifth of metro areas lost construction jobs between September 2020 and 2021
Beaumont-Port Arthur, Texas and Sacramento--Roseville--Arden-Arcade Calif. top lists of gainers.
Market Data | Nov 2, 2021
Construction spending slumps in September
A drop in residential work projects adds to ongoing downturn in private and public nonresidential.
Hotel Facilities | Oct 28, 2021
Marriott leads with the largest U.S. hotel construction pipeline at Q3 2021 close
In the third quarter alone, Marriott opened 60 new hotels/7,882 rooms accounting for 30% of all new hotel rooms that opened in the U.S.
Hotel Facilities | Oct 28, 2021
At the end of Q3 2021, Dallas tops the U.S. hotel construction pipeline
The top 25 U.S. markets account for 33% of all pipeline projects and 37% of all rooms in the U.S. hotel construction pipeline.
Market Data | Oct 27, 2021
Only 14 states and D.C. added construction jobs since the pandemic began
Supply problems, lack of infrastructure bill undermine recovery.
Market Data | Oct 26, 2021
U.S. construction pipeline experiences highs and lows in the third quarter
Renovation and conversion pipeline activity remains steady at the end of Q3 ‘21, with conversion projects hitting a cyclical peak, and ending the quarter at 752 projects/79,024 rooms.