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."
Related Stories
Multifamily Housing | Jan 27, 2021
2021 multifamily housing outlook: Dallas, Miami, D.C., will lead apartment completions
In its latest outlook report for the multifamily rental market, Yardi Matrix outlined several reasons for hope for a solid recovery for the multifamily housing sector in 2021, especially during the second half of the year.
Market Data | Jan 26, 2021
Construction employment in December trails pre-pandemic levels in 34 states
Texas and Vermont have worst February-December losses while Virginia and Alabama add the most.
Market Data | Jan 19, 2021
Architecture Billings continue to lose ground
The pace of decline during December accelerated from November.
Market Data | Jan 19, 2021
2021 construction forecast: Nonresidential building spending will drop 5.7%, bounce back in 2022
Healthcare and public safety are the only nonresidential construction sectors that will see growth in spending in 2021, according to AIA's 2021 Consensus Construction Forecast.
Market Data | Jan 13, 2021
Atlanta, Dallas seen as most favorable U.S. markets for commercial development in 2021, CBRE analysis finds
U.S. construction activity is expected to bounce back in 2021, after a slowdown in 2020 due to challenges brought by COVID-19.
Market Data | Jan 13, 2021
Nonres construction could be in for a long recovery period
Rider Levett Bucknall’s latest cost report singles out unemployment and infrastructure spending as barometers.
Market Data | Jan 13, 2021
Contractor optimism improves as ABC’s Construction Backlog inches up in December
ABC’s Construction Confidence Index readings for sales, profit margins, and staffing levels increased in December.
Market Data | Jan 11, 2021
Turner Construction Company launches SourceBlue Brand
SourceBlue draws upon 20 years of supply chain management experience in the construction industry.
Market Data | Jan 8, 2021
Construction sector adds 51,000 jobs in December
Gains are likely temporary as new industry survey finds widespread pessimism for 2021.
Market Data | Jan 7, 2021
Few construction firms will add workers in 2021 as industry struggles with declining demand, growing number of project delays and cancellations
New industry outlook finds most contractors expect demand for many categories of construction to decline.