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
Market Data | May 18, 2022
Architecture Billings Index moderates slightly, remains strong
For the fifteenth consecutive month architecture firms reported increasing demand for design services in April, according to a new report today from The American Institute of Architects (AIA).
Market Data | May 12, 2022
Monthly construction input prices increase in April
Construction input prices increased 0.8% in April compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released today.
Market Data | May 10, 2022
Hybrid work could result in 20% less demand for office space
Global office demand could drop by between 10% and 20% as companies continue to develop policies around hybrid work arrangements, a Barclays analyst recently stated on CNBC.
Market Data | May 6, 2022
Nonresidential construction spending down 1% in March
National nonresidential construction spending was down 0.8% in March, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau.
Market Data | Apr 29, 2022
Global forces push construction prices higher
Consigli’s latest forecast predicts high single-digit increases for this year.
Market Data | Apr 29, 2022
U.S. economy contracts, investment in structures down, says ABC
The U.S. economy contracted at a 1.4% annualized rate during the first quarter of 2022.
Market Data | Apr 20, 2022
Pace of demand for design services rapidly accelerates
Demand for design services in March expanded sharply from February according to a new report today from The American Institute of Architects (AIA).
Market Data | Apr 14, 2022
FMI 2022 construction spending forecast: 7% growth despite economic turmoil
Growth will be offset by inflation, supply chain snarls, a shortage of workers, project delays, and economic turmoil caused by international events such as the Russia-Ukraine war.
Industrial Facilities | Apr 14, 2022
JLL's take on the race for industrial space
In the previous decade, the inventory of industrial space couldn’t keep up with demand that was driven by the dual surges of the coronavirus and online shopping. Vacancies declined and rents rose. JLL has just published a research report on this sector called “The Race for Industrial Space.” Mehtab Randhawa, JLL’s Americas Head of Industrial Research, shares the highlights of a new report on the industrial sector's growth.
Codes and Standards | Apr 4, 2022
Construction of industrial space continues robust growth
Construction and development of new industrial space in the U.S. remains robust, with all signs pointing to another big year in this market segment