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."
Related Stories
Market Data | Jun 14, 2016
Transwestern: Market fundamentals and global stimulus driving economic growth
A new report from commercial real estate firm Transwestern indicates steady progress for the U.S. economy. Consistent job gains, wage growth, and consumer spending have offset declining corporate profits, and global stimulus plans appear to be effective.
Market Data | Jun 7, 2016
Global construction disputes took longer to resolve in 2015
The good news: the length and value of disputes in the U.S. fell last year, according to latest Arcadis report.
Market Data | Jun 3, 2016
JLL report: Retail renovation drives construction growth in 2016
Retail construction projects were up nearly 25% year-over-year, and the industrial and office construction sectors fared well, too. Economic uncertainty looms over everything, however.
Market Data | Jun 2, 2016
ABC: Nonresidential construction spending down in April
Lower building material prices, a sluggish U.S. economy, and hesitation among private developers all factor into the 2.1% drop.
Market Data | May 20, 2016
Report: Urban area population growth slows
Older Millennials are looking to buy homes and move away to more affordable suburbs and exurbs.
Market Data | May 17, 2016
Modest growth for AIA’s Architecture Billings Index in April
The American Institute of Architects reported the April ABI score was 50.6, down from the mark of 51.9 in the previous month. This score still reflects an increase in design services.
Market Data | Apr 29, 2016
ABC: Quarterly GDP growth slowest in two years
Bureau of Economic Analysis data indicates that the U.S. output is barely growing and that nonresidential investment is down.
Market Data | Apr 20, 2016
AIA: Architecture Billings Index ends first quarter on upswing
The multi-family residential sector fared the best. The Midwest was the only U.S. region that didn't see an increase in billings.
Building Technology | Apr 11, 2016
A nascent commercial wireless sensor market is poised to ascend in the next decade
Europe and Asia will propel that growth, according to a new report from Navigant.
Industry Research | Apr 7, 2016
CBRE provides latest insight into healthcare real estate investors’ strategies
Survey respondents are targeting smaller acquisitions, at a time when market cap rates are narrowing for different product types.
