1. Snøhetta wins design for the Theodore Roosevelt Presidential Library (BD+C)
"The facility is conceived as a journey through a preserved landscape of diverse habitats, punctuated with small pavilions providing spaces for reflection and activity. Set at the northeast edge of a butte, the landscape is preserved for conservation research while offering a setting for educational walks, leisure, and recreation."
2. ‘Lifestyle’ is adding new color to the select-service hotel sector (BD+C)
"In a new 14-page white paper, WATG Strategy explores the intersection of select-service and lifestyle. “This breed of hotels, when differentiated by design and driven by efficiency, is at once style and lucrative,” the paper’s authors conclude."
3. AIA/HUD Secretary's Awards celebrate affordable, accessible, and well-designed housing (AIA)
"Each year, the AIA and HUD partner to celebrate projects that demonstrate affordable, accessible and well-designed housing, proving that good design is not exclusive."
4. Air cleaners, chemical and UV treatments among tools to safeguard indoor air amid pandemic (BD+C)
"Office buildings can slow the spread by spacing desks at least six feet apart and by implementing a few ventilation measures including increasing outdoor air flow."
5. Tally-whoa! Sizing up the risks of construction lending in the COVID-19 era (Construction Observer)
"Construction lending isn’t easy at the best of times and didn’t earn its market “niche” categorization without financiers suffering some battle scars over the years. Savvy souls sign up to finance a complex, multifaceted process that’s often plagued with delays and cost overruns, among other issues — for a decent return, of course."
6. Could North America's industrial property market be recession proof? (Globe St)
“Although it is too early to accurately predict the pace of recovery, the US industrial market is well positioned to weather the current disruption, Cushman & Wakefield states in a new report."
7. Manhattan’s newest skyscraper is opening up to a dead midtown (Bloomberg via National Real Estate Investor)
"The first tenants at One Vanderbilt, across from Grand Central Terminal, will start moving in by year’s end."
Related Stories
Market Data | Sep 19, 2018
August architecture firm billings rebound as building investment spurt continues
Southern region, multifamily residential sector lead growth.
Market Data | Sep 18, 2018
Altus Group report reveals shifts in trade policy, technology, and financing are disrupting global real estate development industry
International trade uncertainty, widespread construction skills shortage creating perfect storm for escalating project costs; property development leaders split on potential impact of emerging technologies.
Market Data | Sep 17, 2018
ABC’s Construction Backlog Indicator hits a new high in second quarter of 2018
Backlog is up 12.2% from the first quarter and 14% compared to the same time last year.
Market Data | Sep 12, 2018
Construction material prices fall in August
Softwood lumber prices plummeted 9.6% in August yet are up 5% on a yearly basis (down from a 19.5% increase year-over-year in July).
Market Data | Sep 7, 2018
Safety risks in commercial construction industry exacerbated by workforce shortages
The report revealed 88% of contractors expect to feel at least a moderate impact from the workforce shortages in the next three years.
Market Data | Sep 5, 2018
Public nonresidential construction up in July
Private nonresidential spending fell 1% in July, while public nonresidential spending expanded 0.7%.
Market Data | Aug 30, 2018
Construction in ASEAN region to grow by over 6% annually over next five years
Although there are disparities in the pace of growth in construction output among the ASEAN member states, the region’s construction industry as a whole will grow by 6.1% on an annual average basis in the next five years.
Market Data | Aug 22, 2018
July architecture firm billings remain positive despite growth slowing
Architecture firms located in the South remain especially strong.
Market Data | Aug 15, 2018
National asking rents for office space rise again
The rise in rental rates marks the 21st consecutive quarterly increase.
