1. New affordable housing in the Bronx is designed for both seniors and teens (BD+C)
"Designed by Body Lawson Associates and located on Freeman Square in the Foxhurst section of the Bronx, the building comprises 63 affordable apartments averaging 550 sf each."
2. The online learning lab: Investing in resources to improve hybrid learning models (Cannon Design)
"The unfortunate reality is this pandemic continues to persist, and while institutions have successfully developed and deployed online models to continue educational programming, it’s clear the in-person experience is irreplaceable."
3. California releases guide for state water policy (BD+C)
"Water Resilience Portfolio is roadmap for meeting water needs as climate changes."
4. Coronavirus has caused significant construction project delays and cancellations (AGC)
"Sixty percent of responding firms report having at least one future project postponed or canceled because of the coronavirus, while 33% report having projects that were already underway halted because of the pandemic."
5. 8 noteworthy multifamily projects to debut in 2020 (BD+C)
"Brooklyn's latest mega-development, Denizen Bushwick, and Related California’s apartment tower in San Francisco are among the notable multifamily projects to debut in the first half of 2020."
6. U.S. Real Estate Pain Leaves Foreign Investors Holding the Bag (Bloomberg)
"Foreign investors who backed real estate projects in return for U.S. visas are emerging as losers in the pandemic-driven commercial property crisis."
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Market Data | Jun 3, 2019
Nonresidential construction spending up 6.4% year over year in April
Among the 16 sectors tracked by the U.S. Census Bureau, nine experienced an increase in monthly spending, led by water supply and highway and street.
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.
