1. University of California San Francisco selects HDR and Herzog & de Meuron to design new hospital (BD+C)
"The future hospital is being envisioned as “The Healing Habitat,” a holistic healthcare environment that fosters wellness and recovery by combining efficient facilities with human experiences, connected to nature and the community."
2. Kennedy Middle School’s new Administration/Family Center (BD+C)
"Over the past few years, the existing school had been expanded, resulting in a campus configuration where the administration was now internal to the campus making it difficult for visitors to find and creating security concerns with visitors walking through the campus."
3. COVID readiness: IWBI and USGBC seek to help businesses quantify risk (Paladino Blog)
"In an effort to address the risks of COVID-19 at the building scale, USGBC and IWBI have analyzed existing certification guidelines and drafted new, relevant content."
4. Final NEPA rule will make it easier to rebuild infrastructure, reinvigorate the economy, and continue protecting the environment (AGC)
"Administration’s final reforms to the federal environmental review process fix problems with prior process, maintain environmental rigor, and accelerate needed infrastructure improvements."
5. Tips to make optimal use of salvaged materials (BD+C)
"Integrated teams, staging warehouse, and looking early and often, among recommendations."
6. Pandemic-proofing: Insurance may never be the same again (Reuters)
"Insurers are creating products for a world where virus outbreaks could become the new normal after many businesses were left out in the cold during the COVID-19 crisis."
7. Sam Zell: U-Shaped Recovery Will Likely Begin In The Fall (Bisnow)
"Real estate mogul Sam Zell predicts the country should be on track for a U-shaped recovery with an upswing beginning this fall, over a year before he suspects a coronavirus vaccine will become available."
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Market Data | Nov 2, 2018
Nonresidential spending retains momentum in September, up 8.9% year over year
Total nonresidential spending stood at $767.1 billion on a seasonally adjusted, annualized rate in September.
Market Data | Oct 30, 2018
Construction projects planned and ongoing by world’s megacities valued at $4.2trn
The report states that Dubai tops the list with total project values amounting to US$374.2bn.
Market Data | Oct 26, 2018
Nonresidential fixed investment returns to earth in Q3
Despite the broader economic growth, fixed investment inched 0.3% lower in the third quarter.
Market Data | Oct 24, 2018
Architecture firm billings slow but remain positive in September
Billings growth slows but is stable across sectors.
Market Data | Oct 19, 2018
New York’s five-year construction spending boom could be slowing over the next two years
Nonresidential building could still add more than 90 million sf through 2020.
Market Data | Oct 8, 2018
Global construction set to rise to US$12.9 trillion by 2022, driven by Asia Pacific, Africa and the Middle East
The pace of global construction growth is set to improve slightly to 3.7% between 2019 and 2020.
Market Data | Sep 25, 2018
Contractors remain upbeat in Q2, according to ABC’s latest Construction Confidence Index
More than three in four construction firms expect that sales will continue to rise over the next six months, while three in five expect higher profit margins.
Market Data | Sep 24, 2018
Hotel construction pipeline reaches record highs
There are 5,988 projects/1,133,017 rooms currently under construction worldwide.
Market Data | Sep 21, 2018
JLL fit out report portrays a hot but tenant-favorable office market
This year’s analysis draws from 2,800 projects.
Market Data | Sep 21, 2018
Mid-year forecast: No end in sight for growth cycle
The AIA Consensus Construction Forecast is projecting 4.7% growth in nonresidential construction spending in 2018.