flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

7 must reads for the AEC industry today: June 23, 2020

Market Data

7 must reads for the AEC industry today: June 23, 2020

Gyms are going bacnkrupt and leaving gaps in shopping centers and how hotels are trying to keep guests and employees safe.


By BD+C Editors | June 23, 2020


1. Natl. Renewable Energy Labs, Cold Climate Research Ctr. team up on extreme weather research (BD+C) 
"The U.S. Department of Energy’s (DOE’s) National Renewable Energy Laboratory (NREL) has expanded its collaboration with Alaska’s Cold Climate Housing Research Center (CCHRC)."

2. New House infrastructure package will provide needed investments in aging infrastructure, support economic recovery, and create jobs (AGC)
"The Moving Forward Act’s proposed $1.5 trillion in new investments will improve range of public infrastructure, creating needed demand for construction while making the economy more efficient."

3. 7 choices for work environments that underscore the need to respond, not react (NBBJ) 
"During a time of unknown, humans desperately want answers. When we’re inundated with information and anxious about the world around us, we often look for quick solutions."

4. Gyms were the belle of the retail ball. Now they're going bankrupt and leaving gaps in shopping centers (Bisnow)
"Before the coronavirus pandemic hit in March, fitness gyms across the U.S. served as consistent traffic drivers for shopping centers that could no longer rely solely on traditional retailers to attract patrons."

5. 89% of apartment households paid rent as of June 13 (The National Multifamily Housing Council)
"The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 89.0 percent of apartment households made a full or partial rent payment by June 13 in its survey of 11.4 million units of professionally managed apartment units across the country. This is a 0.1-percentage point increase from the share who paid rent through June 13, 2019 and compares to 87.7 percent that had paid by May 13, 2020."

6. How hotels are trying to keep guests and employees safe (National Real Estate Investor) 
"Guidelines are in the market, although not all properties seem to be applying best practices."

7. Low office occupancy delays hard choices about elevators and stairwells (Bisnow) 
"Though many of the country’s stay-at-home orders have begun to lift, the return to the workplace has been slow for many employees. Property management companies are finding that many office tenants are being cautious in their return, with building occupancy rarely surpassing 25%."

 

Related Stories

Market Data | Nov 22, 2021

Only 16 states and D.C. added construction jobs since the pandemic began

Texas, Wyoming have worst job losses since February 2020, while Utah, South Dakota add the most.

Market Data | Nov 10, 2021

Construction input prices see largest monthly increase since June

Construction input prices are 21.1% higher than in October 2020.

Market Data | Nov 5, 2021

Construction firms add 44,000 jobs in October

Gain occurs even as firms struggle with supply chain challenges.

Market Data | Nov 3, 2021

One-fifth of metro areas lost construction jobs between September 2020 and 2021

Beaumont-Port Arthur, Texas and Sacramento--Roseville--Arden-Arcade Calif. top lists of gainers.

Market Data | Nov 2, 2021

Construction spending slumps in September

A drop in residential work projects adds to ongoing downturn in private and public nonresidential.

Hotel Facilities | Oct 28, 2021

Marriott leads with the largest U.S. hotel construction pipeline at Q3 2021 close

In the third quarter alone, Marriott opened 60 new hotels/7,882 rooms accounting for 30% of all new hotel rooms that opened in the U.S.

Hotel Facilities | Oct 28, 2021

At the end of Q3 2021, Dallas tops the U.S. hotel construction pipeline

The top 25 U.S. markets account for 33% of all pipeline projects and 37% of all rooms in the U.S. hotel construction pipeline.

Market Data | Oct 27, 2021

Only 14 states and D.C. added construction jobs since the pandemic began

Supply problems, lack of infrastructure bill undermine recovery.

Market Data | Oct 26, 2021

U.S. construction pipeline experiences highs and lows in the third quarter

Renovation and conversion pipeline activity remains steady at the end of Q3 ‘21, with conversion projects hitting a cyclical peak, and ending the quarter at 752 projects/79,024 rooms.

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