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 | Oct 19, 2021

Demand for design services continues to increase

The Architecture Billings Index (ABI) score for September was 56.6.

Market Data | Oct 14, 2021

Climate-related risk could be a major headwind for real estate investment

A new trends report from PwC and ULI picks Nashville as the top metro for CRE prospects.

Market Data | Oct 14, 2021

Prices for construction materials continue to outstrip bid prices over 12 months

Construction officials renew push for immediate removal of tariffs on key construction materials.

Market Data | Oct 11, 2021

No decline in construction costs in sight

Construction cost gains are occurring at a time when nonresidential construction spending was down by 9.5 percent for the 12 months through July 2021.

Market Data | Oct 11, 2021

Nonresidential construction sector posts first job gain since March

Has yet to hit pre-pandemic levels amid supply chain disruptions and delays.

Market Data | Oct 4, 2021

Construction spending stalls between July and August

A decrease in nonresidential projects negates ongoing growth in residential work.

Market Data | Oct 1, 2021

Nonresidential construction spending dips in August

Spending declined on a monthly basis in 10 of the 16 nonresidential subcategories.

Market Data | Sep 29, 2021

One-third of metro areas lost construction jobs between August 2020 and 2021

Lawrence-Methuen Town-Salem, Mass. and San Diego-Carlsbad, Calif. top lists of metros with year-over-year employment increases.

Market Data | Sep 28, 2021

Design-Build projects should continue to take bigger shares of construction spending pie over next five years

FMI’s new study finds collaboration and creativity are major reasons why owners and AEC firms prefer this delivery method.

Market Data | Sep 22, 2021

Architecture billings continue to increase

The ABI score for August was 55.6, up from July’s score of 54.6.

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