BD+C's roundup of the top construction market news for the week of August 18 includes the latest architecture billings index from AIA and a BOMA study on the nation's most and least expensive commercial real estate markets.
AIA ARCHITECTURE BILLINGS INDEX UP AGAIN IN JULY
The ABI, a leading indicator in commercial construction, was up more than a full point last month, to 52.7 (any score above 50 means increased billings). The number was above 50 in every region and every market sector tracked by the AIA. New projects index also up dramatically, to 66.7, from 62.6 in June. http://www.bdcnetwork.com/aia-architecture-billings-rise-july
FIVE MOST (AND LEAST) EXPENSIVE COMMERCIAL REAL ESTATE MARKETS
At the top: Stamford, Conn. ($16.11/sf), New York, Grand Rapids, Mich., Newark, N.J., and San Francisco. At the bottom: Stockton, Calif. ($3.57/sf), Fresno, Calif., Huntsville, Ala., Virginia Beach, Va., and Albuquerque, N.M. Total operating expenses were down 3.9% overall from 2011 to 2012, BOMA says, crediting maximization of operating efficiency. http://www.bdcnetwork.com/5-most-and-least-expensive-commercial-real-estate-markets
2013 WILL BE A RECORD YEAR FOR HOTEL RENOVATIONS
Duro-Last blogger Drew Ballensky reports that the U.S. hotel industry is expected to spend $5.6 billion on capital expenditures this year, beating the prior record set in 2008. NYU's Preston Robert Tisch Center for Hospitality says 20% of hotels will receive improvements this year. http://www.bdcnetwork.com/blog/2013-will-be-record-year-hotel-renovations
CODE AMENDMENT IN DALLAS WOULD LIMIT EXTERIOR REFLECTIVITY
Proposal would limit exterior reflectivity of "visible light" to 15%, in attempt to cut down "undesirable" and "potentially hazardous" glare. Potential "non-green" side effect: use of dark or tinted glass that interferes with daylighting. Of note to all designers and glass/enclosures manufacturers. http://www.bdcnetwork.com/code-amendment-dallas-would-limit-building-exterior-reflectivity
Also see: Top construction news for the week of August 11, 2013
Related Stories
Giants 400 | Aug 22, 2022
Top 90 Construction Management Firms for 2022
CBRE, Alfa Tech, Jacobs, and Hill International head the rankings of the nation's largest construction management (as agent) and program/project management firms for nonresidential and multifamily buildings work, as reported in Building Design+Construction's 2022 Giants 400 Report.
Giants 400 | Aug 22, 2022
Top 200 Contractors for 2022
Turner Construction, STO Building Group, Whiting-Turner, and DPR Construction top the ranking of the nation's largest general contractors, CM at risk firms, and design-builders for nonresidential buildings and multifamily buildings work, as reported in Building Design+Construction's 2022 Giants 400 Report.
Giants 400 | Aug 22, 2022
Top 80 Engineering Firms for 2022
Kimley-Horn, Tetra Tech, Langan, and NV5 head the rankings of the nation's largest engineering firms for nonresidential buildings and multifamily buildings work, as reported in Building Design+Construction's 2022 Giants 400 Report.
Giants 400 | Aug 21, 2022
Top 110 Architecture/Engineering Firms for 2022
Stantec, HDR, HOK, and Skidmore, Owings & Merrill top the rankings of the nation's largest architecture engineering (AE) firms for nonresidential and multifamily buildings work, as reported in Building Design+Construction's 2022 Giants 400 Report.
Giants 400 | Aug 20, 2022
Top 180 Architecture Firms for 2022
Gensler, Perkins and Will, HKS, and Perkins Eastman top the rankings of the nation's largest architecture firms for nonresidential and multifamily buildings work, as reported in Building Design+Construction's 2022 Giants 400 Report.
Giants 400 | Aug 19, 2022
2022 Giants 400 Report: Tracking the nation's largest architecture, engineering, and construction firms
Now 46 years running, Building Design+Construction's 2022 Giants 400 Report rankings the largest architecture, engineering, and construction firms in the U.S. This year a record 519 AEC firms participated in BD+C's Giants 400 report. The final report includes more than 130 rankings across 25 building sectors and specialty categories.
Airports | Jul 18, 2022
FAA will award nearly $1 billion for airport projects
The Federal Aviation Administration (FAA) will award nearly $1 billion to 85 airports of all sizes across the country to improve terminals.
Airports | Jul 8, 2022
Phoenix Sky Harbor Airport’s new terminal prioritizes passenger experience and sustainability
McCarthy Building Companies recently completed construction of the final concourse in Terminal 4 at Phoenix Sky Harbor International Airport.
Airports | Jul 7, 2022
Love at first flight: The power of first impressions in airports
As architects, how we design a terminal and choreograph the passenger experience can stir up strong feelings.
Airports | Jun 29, 2022
BIG and HOK’s winning design for Zurich airport’s new terminal
Two years ago, Zurich Airport, which opened in the 1950s, launched an international design competition to replace the aging Dock A—the airport’s largest dock.
