1. CDC set to build the most advanced high containment laboratory in the country (BD+C)
"Long before COVID-19 put the CDC front and center in news broadcasts around the country, plans to construct the most advanced High Containment Continuity Laboratory (HCCL) in the country had already been finalized."
2. One of Europe’s largest office and warehouse buildings is made entirely of wood (BD+C)
"A new office and warehouse building on the outskirts of Gothenburg, Sweden, made entirely of wood, has completed construction."
3. Architecture billings downward trajectory moderates (AIA)
"AIA’s Architecture Billings Index (ABI) score for May was 32.0 compared to 29.5 in April, but still represents a significant decrease in services provided by U.S. architecture firms."
4. New API enables design and construction technology platforms to connect (BD+C)
"Construction Specifications Institute offers “digital classification engine.”
5. University of Illinois will reopen with face masks and COVID-19 testing but also virtual classes; other colleges plan blend of online, in-person learning (Chicago Tribune)
"In a welcome announcement for restless college students, the University of Illinois confirmed Thursday that all three of its schools will hold modified classes on campus this fall as long as the masses of students coming back wear face masks, undergo coronavirus tests and practice social distancing to help prevent the spread of COVID-19."
6. Gyms, Theaters, Restaurants Among Retail Tenants Most in Need of Rent Relief (National Real Estate Investor)
"While rent relief requests are widespread among retail tenants, restaurants, gyms, theaters and apparel sellers seem to need it the most."
7. The Pandemic Sent Young New Yorkers Packing. Will They Return? (New York Times)
"The financial crisis caused by the coronavirus outbreak has led young people from elsewhere to leave the city, uncertain if they will come back."
Related Stories
Industry Research | Dec 28, 2022
Following a strong year, design and construction firms view 2023 cautiously
The economy and inflation are the biggest concerns for U.S. architecture, construction, and engineering firms in 2023, according to a recent survey of AEC professionals by the editors of Building Design+Construction.
Self-Storage Facilities | Dec 16, 2022
Self-storage development booms in high multifamily construction areas
A 2022 RentCafe analysis finds that self-storage units swelled in conjunction with metros’ growth in apartment complexes.
Market Data | Dec 13, 2022
Contractors' backlog of work reaches three-year high
U.S. construction firms have, on average, 9.2 months of work in the pipeline, according to ABC's latest Construction Backlog Indicator.
Contractors | Dec 6, 2022
Slow payments cost the construction industry $208 billion in 2022
The cost of floating payments for wages and invoices represents $208 billion in excess cost to the construction industry, a 53% increase from 2021, according to a survey by Rabbet, a provider of construction finance software.
Mass Timber | Dec 1, 2022
Cross laminated timber market forecast to more than triple by end of decade
Cross laminated timber (CLT) is gaining acceptance as an eco-friendly building material, a trend that will propel its growth through the end of the 2020s. The CLT market is projected to more than triple from $1.11 billion in 2021 to $3.72 billion by 2030, according to a report from Polaris Market Research.
Market Data | Nov 15, 2022
Construction demand will be a double-edged sword in 2023
Skanska’s latest forecast sees shorter lead times and receding inflation, but the industry isn’t out of the woods yet.
Reconstruction & Renovation | Nov 8, 2022
Renovation work outpaces new construction for first time in two decades
Renovations of older buildings in U.S. cities recently hit a record high as reflected in architecture firm billings, according to the American Institute of Architects (AIA).
Market Data | Nov 3, 2022
Building material prices have become the calm in America’s economic storm
Linesight’s latest quarterly report predicts stability (mostly) through the first half of 2023
Building Team | Nov 1, 2022
Nonresidential construction spending increases slightly in September, says ABC
National nonresidential construction spending was up by 0.5% in September, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau.
Hotel Facilities | Oct 31, 2022
These three hoteliers make up two-thirds of all new hotel development in the U.S.
With a combined 3,523 projects and 400,490 rooms in the pipeline, Marriott, Hilton, and InterContinental dominate the U.S. hotel construction sector.