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."
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Nonresidential construction spending up 6.4% year over year in April
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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.
