flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

7 must reads for the AEC industry today: August 4, 2020

Market Data

7 must reads for the AEC industry today: August 4, 2020

Construction spending decreases for fourth consecutive month and 100% affordable housing development breaks ground in Mountain View.


By BD+C Editors | August 4, 2020


1. 71-unit 100% affordable housing development breaks ground in Mountain View, Calif. (BD+C) 
"The 100% affordable housing project will comprise independent living for a mix of single- and two-person households earning between 50% and 70% of the area median income. Fifteen of the units are reserved for adults with intellectual or developmental disabilities."

2. Construction spending decreases for fourth consecutive month in June (AGC) 
"Association officials warn further contraction is likely unless federal government enacts prompt, major investment in infrastructure as state and local governments face deficits."

3. Report aids local governments on policy options, pathways to electrify new buildings (BD+C) 
"This strategy is a way to improve energy efficiency, indoor air quality, and climate emissions in the built environment. It is a key to meeting climate and public health goals, according to a SWEEP press release."

4. Exploring the airborne transmission of the coronavirus and strategies for mitigating risk (Stantec) 
"In a recently published article, international health authorities—including WHO and the Centers for Disease Control and Prevention (CDC)—are confronted in regards to their lack of action in acknowledging mounting evidence as to the airborne spread of the virus. The article pleads for the immediate recognition and issuing of suitable advice on mitigating control measures."

5. ‘We’re in a world of hurt,’ Sands President says of Las Vegas (Bloomberg via National Real Estate Investor)
"Las Vegas Sands Corp.’s two Las Vegas properties, the Venetian and the Palazzo, generated just $36 million in business during the second quarter."

6. ‘Recession proof’ apartment buildings set for $12 billion test (Bloomberg via National Real Estate Investor)
"Jones Lang LaSalle Inc. is marketing $12 billion worth of apartment buildings for sale amid a 70 percent plunge in transactions."

7. Once considered expensive and unnecessary, touchless tech tools are catching on (Bisnow)
"Just a few months ago, touchless tools like app-controlled or voice-controlled doors, elevators and lighting seemed too fanciful or expensive for all but the highest-tiered Class-A luxury buildings, but the coronavirus has turned the commercial real estate industry's view of these amenities on its head."

 

Related Stories

Market Data | Mar 29, 2017

Contractor confidence ends 2016 down but still in positive territory

Although all three diffusion indices in the survey fell by more than five points they remain well above the threshold of 50, which signals that construction activity will continue to be one of the few significant drivers of economic growth.

Market Data | Mar 24, 2017

These are the most and least innovative states for 2017

Connecticut, Virginia, and Maryland are all in the top 10 most innovative states, but none of them were able to claim the number one spot.

Market Data | Mar 22, 2017

After a strong year, construction industry anxious about Washington’s proposed policy shifts

Impacts on labor and materials costs at issue, according to latest JLL report. 

Market Data | Mar 22, 2017

Architecture Billings Index rebounds into positive territory

Business conditions projected to solidify moving into the spring and summer.

Market Data | Mar 15, 2017

ABC's Construction Backlog Indicator fell to end 2016

Contractors in each segment surveyed all saw lower backlog during the fourth quarter, with firms in the heavy industrial segment experiencing the largest drop.

Market Data | Feb 23, 2017

Entering 2017, architecture billings slip modestly

Despite minor slowdown in overall billings, commercial/ industrial and institutional sectors post strongest gains in over 12 months.

Market Data | Feb 16, 2017

How does your hospital stack up? Grumman/Butkus Associates 2016 Hospital Benchmarking Survey

Report examines electricity, fossil fuel, water/sewer, and carbon footprint.

Market Data | Feb 1, 2017

Nonresidential spending falters slightly to end 2016

Nonresidential spending decreased from $713.1 billion in November to $708.2 billion in December.

Market Data | Jan 31, 2017

AIA foresees nonres building spending increasing, but at a slower pace than in 2016

Expects another double-digit growth year for office construction, but a more modest uptick for health-related building.

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