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7 must reads for the AEC industry today: September 8, 2020

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7 must reads for the AEC industry today: September 8, 2020

Google proposes 40-acre redevelopment plan and office buildings should be an essential part of their communities.


By BD+C Editors | September 8, 2020


1. Construction sector adds 16,000 workers in august but nonresidential jobs shrink (AGC)
"Construction employment increased by 16,000 jobs in August, but the gains were concentrated in housing, while the infrastructure and nonresidential building construction sector lost 11,000 jobs, according to an analysis by the Associated General Contractors of America of government data."

2. The office building of the future should be an essential part of its community (Gensler) 
"Today we recognize that office buildings are no longer just containers for people but rather an experience supercharger. Office performance should be less about maximizing workplace density and more about the quality of the space and the experience it delivers."

3. Google proposes 40-acre redevelopment that includes nearly 2,000 housing units (BD+C) 
"Google intends to allocate 20% of the residential space, spread over six buildings within the proposed village, to affordable housing."

4. Updated selection, application guide for plastic glazed skylights, sloped glazing released (BD+C) 
"The Fenestration and Glazing Industry Alliance (FGIA) recently released an updated document on the value and effective application of plastic glazed skylights and sloped glazing in building design."

5. Apartment values stay solid in private market despite falling rents (WSJ)
"Recent CIM deal shows some buyers still willing to pay near pre-pandemic prices in certain areas."

6. CDC-ordered eviction moratorium meets both praise and skepticism (Bisnow)
"The Centers for Disease Control and Prevention has issued an order proclaiming a nationwide residential eviction moratorium, characterizing it as a matter of public health policy."

7. Macy’s plans rollout of smaller stores away from malls (CNBC)
"Macy’s and Bloomingdale’s 'have high potential' away from malls and in smaller formats, CEO Jeff Gennette told analysts."

 

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Hotel Facilities | May 2, 2023

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Market Data | May 1, 2023

AEC firm proposal activity rebounds in the first quarter of 2023: PSMJ report

Proposal activity for architecture, engineering and construction (A/E/C) firms increased significantly in the 1st Quarter of 2023, according to PSMJ’s Quarterly Market Forecast (QMF) survey. The predictive measure of the industry’s health rebounded to a net plus/minus index (NPMI) of 32.8 in the first three months of the year. 

Industry Research | Apr 25, 2023

The commercial real estate sector shouldn’t panic (yet) about recent bank failures

A new Cushman & Wakefield report depicts a “well capitalized” banking industry that is responding assertively to isolated weaknesses, but is also tightening its lending.

Architects | Apr 21, 2023

Architecture billings improve slightly in March

Architecture firms reported a modest increase in March billings. This positive news was tempered by a slight decrease in new design contracts according to a new report released today from The American Institute of Architects (AIA). March was the first time since last September in which billings improved.

Contractors | Apr 19, 2023

Rising labor, material prices cost subcontractors $97 billion in unplanned expenses

Subcontractors continue to bear the brunt of rising input costs for materials and labor, according to a survey of nearly 900 commercial construction professionals. 

Data Centers | Apr 14, 2023

JLL's data center outlook: Cloud computing, AI driving exponential growth for data center industry

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Healthcare Facilities | Apr 13, 2023

Healthcare construction costs for 2023

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Higher Education | Apr 13, 2023

Higher education construction costs for 2023

Fresh data from Gordian breaks down the average cost per square foot for a two-story college classroom building across 10 U.S. cities.

Market Data | Apr 13, 2023

Construction input prices down year-over-year for first time since August 2020

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