1. New multifamily project includes energy storage as an amenity (BD+C)
"A new multifamily complex in Herriman, Utah includes a first-of-its-kind amenity in each of its 600 units: a battery that is linked to an on-site solar panel array. The network of solar powered battery storage systems is known as a Virtual Power Plant and is fully managed by Rocky Mountain Power."
2. A welcoming entry-point for wellness screening anywhere (BD+C)
"Leo A Daly and Turner Construction have partnered on the development of a design-build concept called WorkWell™, an assembly of prefabricated components designed to allow employers, schools, venues, airports and public spaces to efficiently screen large groups of entrants for signs of infectious disease."
3. Black & Veatch, DPR, Haskell, McCarthy launch COVID-19 construction safety coalition (NEXT Coalition)
"The NEXT Coalition will challenge engineering and construction firms to enhance health and safety amid the Coronavirus pandemic."
4. House-passed bill making needed improvements to paycheck protection program will allow construction firms to save more jobs (AGC)
"Construction official urges senate and White House to quickly pass and sign into law the Paycheck Protection Program Flexibility Act."
5. AIA releases new, updated sustainable project documents (BD+C)
"The American Institute of Architects (AIA) recently released new, updated AIA contract documents to support businesses to reach sustainability goals and programming."
6. In a Post-COVID World, Office Landlords May Be More Willing to Offer Short-Term, Flexible Leases (National Real Estate Investor)
"As corporate tenants figure out how much space they may need in the long term, office landlords have little choice but to be flexible."
7. One-way halls, lunch at desk, playing alone. L.A. schools could reopen with stark rules (Los Angeles Times)
"Sixteen students to a class. One-way hallways. Students lunch at their desks. Children could get one ball to play with — alone. Masks are required. A staggered school day brings on new schedules to juggle. These campus scenarios could play out based on new Los Angeles County school reopening guidelines released Wednesday."
Related Stories
K-12 Schools | Feb 29, 2024
Average age of U.S. school buildings is just under 50 years
The average age of a main instructional school building in the United States is 49 years, according to a survey by the National Center for Education Statistics (NCES). About 38% of schools were built before 1970. Roughly half of the schools surveyed have undergone a major building renovation or addition.
MFPRO+ Research | Feb 27, 2024
Most competitive rental markets of early 2024
The U.S. rental market in early 2024 is moderately competitive, with apartments taking an average of 41 days to find tenants, according to the latest RentCafe Market Competitivity Report.
Construction Costs | Feb 22, 2024
K-12 school construction costs for 2024
Data from Gordian breaks down the average cost per square foot for four different types of K-12 school buildings (elementary schools, junior high schools, high schools, and vocational schools) across 10 U.S. cities.
Student Housing | Feb 21, 2024
Student housing preleasing continues to grow at record pace
Student housing preleasing continues to be robust even as rent growth has decelerated, according to the latest Yardi Matrix National Student Housing Report.
Architects | Feb 21, 2024
Architecture Billings Index remains in 'declining billings' state in January 2024
Architecture firm billings remained soft entering into 2024, with an AIA/Deltek Architecture Billings Index (ABI) score of 46.2 in January. Any score below 50.0 indicates decreasing business conditions.
Multifamily Housing | Feb 14, 2024
Multifamily rent remains flat at $1,710 in January
The multifamily market was stable at the start of 2024, despite the pressure of a supply boom in some markets, according to the latest Yardi Matrix National Multifamily Report.
Student Housing | Feb 13, 2024
Student housing market expected to improve in 2024
The past year has brought tough times for student housing investment sales due to unfavorable debt markets. However, 2024 offers a brighter outlook if debt conditions improve as predicted.
Contractors | Feb 13, 2024
The average U.S. contractor has 8.4 months worth of construction work in the pipeline, as of January 2024
Associated Builders and Contractors reported today that its Construction Backlog Indicator declined to 8.4 months in January, according to an ABC member survey conducted from Jan. 22 to Feb. 4. The reading is down 0.6 months from January 2023.
Industry Research | Feb 8, 2024
New multifamily development in 2023 exceeded expectations
Despite a problematic financing environment, 2023 multifamily construction starts held up “remarkably well” according to the latest Yardi Matrix report.
Market Data | Feb 7, 2024
New download: BD+C's February 2024 Market Intelligence Report
Building Design+Construction's monthly Market Intelligence Report offers a snapshot of the health of the U.S. building construction industry, including the commercial, multifamily, institutional, and industrial building sectors. This report tracks the latest metrics related to construction spending, demand for design services, contractor backlogs, and material price trends.