1. Jennifer Lawrence Cardiac Intensive Care Unit opens in Kentucky (BD+C)
"The CICU includes 17 private rooms for children recovering from heart procedures, including open heart surgery, heart transplant, and other conditions requiring intensive care. The goal of the redesign was to provide better patient- and family-centric services."
2. Construction employment declines in 326 out of 358 metro areas in April (AGC)
"Association says new transportation proposal could help restore jobs."
3. Virginia makes GCs liable for subs employee wages (BD+C)
"New law allows workers to sue GCs for wages in class action."
4. Renovation can turn older university buildings into high-performing labs (BD+C)
"Colleges, universities, corporations, and governments are finding that adapting older buildings to house laboratory facilities can be a viable alternative to new construction—if the conditions are right."
5. Show's Over For AMC Theatres? (Bisnow)
"AMC Entertainment Holdings, which operates almost 1,000 movie theaters in the U.S., Europe and the Middle East, said in a regulatory filing this week that there is uncertainty about its survival."
6. What Will College Be Like in the Fall? (New York Times)
"Administrators, professors, a union representative and students consider the new realities of life on campus in the midst of a pandemic."
7. Mall Stocks Surge with Shoppers Coming Back Faster Than Expected (Bloomberg via National Real Estate Investor)
"At North Carolina centers owned by Tanger traffic was at 80 percent of pre-pandemic levels."
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Market Data | Feb 20, 2019
Strong start to 2019 for architecture billings
“The government shutdown affected architecture firms, but doesn’t appear to have created a slowdown in the profession,” said AIA Chief Economist Kermit Baker, Hon. AIA, PhD, in the latest ABI report.
Market Data | Feb 19, 2019
ABC Construction Backlog Indicator steady in Q4 2018
CBI reached a record high of 9.9 months in the second quarter of 2018 and averaged about 9.1 months throughout all four quarters of last year.
Market Data | Feb 14, 2019
U.S. Green Building Council announces top 10 countries and regions for LEED green building
The list ranks countries and regions in terms of cumulative LEED-certified gross square meters as of December 31, 2018.
Market Data | Feb 13, 2019
Increasingly tech-enabled construction industry powers forward despite volatility
Construction industry momentum to carry through first half of 2019.
Market Data | Feb 4, 2019
U.S. Green Building Council announces annual Top 10 States for LEED Green Building in 2018
Illinois takes the top spot as USGBC defines the next generation of green building with LEED v4.1.
Market Data | Feb 4, 2019
Nonresidential construction spending dips in November
Total nonresidential spending stood at $751.5 billion on a seasonally adjusted annualized rate.
Market Data | Feb 1, 2019
The year-end U.S. hotel construction pipeline continues steady growth trend
Project counts in the early planning stage continue to rise reaching an all-time high of 1,723 projects/199,326 rooms.
Market Data | Feb 1, 2019
Construction spending is projected to increase by more than 11% through 2022
FMI’s annual outlook also expects the industry’s frantic M&A activity to be leavened by caution going forward.
Market Data | Jan 23, 2019
Architecture billings slow, but close 2018 with growing demand
AIA’s Architecture Billings Index (ABI) score for December was 50.4 compared to 54.7 in November.
Market Data | Jan 16, 2019
AIA 2019 Consensus Forecast: Nonresidential construction spending to rise 4.4%
The education, public safety, and office sectors will lead the growth areas this year, but AIA's Kermit Baker offers a cautious outlook for 2020.
