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 | Jun 14, 2016
Transwestern: Market fundamentals and global stimulus driving economic growth
A new report from commercial real estate firm Transwestern indicates steady progress for the U.S. economy. Consistent job gains, wage growth, and consumer spending have offset declining corporate profits, and global stimulus plans appear to be effective.
Market Data | Jun 7, 2016
Global construction disputes took longer to resolve in 2015
The good news: the length and value of disputes in the U.S. fell last year, according to latest Arcadis report.
Market Data | Jun 3, 2016
JLL report: Retail renovation drives construction growth in 2016
Retail construction projects were up nearly 25% year-over-year, and the industrial and office construction sectors fared well, too. Economic uncertainty looms over everything, however.
Market Data | Jun 2, 2016
ABC: Nonresidential construction spending down in April
Lower building material prices, a sluggish U.S. economy, and hesitation among private developers all factor into the 2.1% drop.
Market Data | May 20, 2016
Report: Urban area population growth slows
Older Millennials are looking to buy homes and move away to more affordable suburbs and exurbs.
Market Data | May 17, 2016
Modest growth for AIA’s Architecture Billings Index in April
The American Institute of Architects reported the April ABI score was 50.6, down from the mark of 51.9 in the previous month. This score still reflects an increase in design services.
Market Data | Apr 29, 2016
ABC: Quarterly GDP growth slowest in two years
Bureau of Economic Analysis data indicates that the U.S. output is barely growing and that nonresidential investment is down.
Market Data | Apr 20, 2016
AIA: Architecture Billings Index ends first quarter on upswing
The multi-family residential sector fared the best. The Midwest was the only U.S. region that didn't see an increase in billings.
Building Technology | Apr 11, 2016
A nascent commercial wireless sensor market is poised to ascend in the next decade
Europe and Asia will propel that growth, according to a new report from Navigant.
Industry Research | Apr 7, 2016
CBRE provides latest insight into healthcare real estate investors’ strategies
Survey respondents are targeting smaller acquisitions, at a time when market cap rates are narrowing for different product types.