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
Airports | Jun 2, 2022
SOM-designed International Arrival Facility at Seattle’s Sea–Tac airport features the world’s largest aerial walkway
The Skidmore, Owings & Merrill (SOM)-designed International Arrivals Facility (IAF) at Seattle-Tacoma International Airport has opened, replacing a 50-year-old arrival facility.
Sponsored | BD+C University Course | May 3, 2022
For glass openings, how big is too big?
Advances in glazing materials and glass building systems offer a seemingly unlimited horizon for not only glass performance, but also for the size and extent of these light, transparent forms. Both for enclosures and for indoor environments, novel products and assemblies allow for more glass and less opaque structure—often in places that previously limited their use.
Airports | Apr 4, 2022
Dominican Republic airport expansion will add mixed-use features
The recently revealed design concept for the expansion of Santiago International Airport in the Dominican Republic includes a transformation of the current building into a mixed-use space that features an office park, business center, and hotel.
Codes and Standards | Mar 4, 2022
FAA offers $1 billion in grants for airport terminal and tower projects
The Federal Aviation Administration (FAA) is now accepting applications for about $1 billion in grants for airport projects during fiscal year 2022.
Resiliency | Feb 15, 2022
Design strategies for resilient buildings
LEO A DALY's National Director of Engineering Kim Cowman takes a building-level look at resilient design.
Sponsored | Resiliency | Jan 24, 2022
Blast Hazard Mitigation: Building Openings for Greater Safety and Security
Coronavirus | Jan 20, 2022
Advances and challenges in improving indoor air quality in commercial buildings
Michael Dreidger, CEO of IAQ tech startup Airsset speaks with BD+C's John Caulfield about how building owners and property managers can improve their buildings' air quality.
Giants 400 | Oct 22, 2021
2021 Airport Sector Giants: Top architecture, engineering, and construction firms in the U.S. airport facilities sector
AECOM, Hensel Phelps, PGAL, and Gensler top BD+C's rankings of the nation's largest airport sector architecture, engineering, and construction firms, as reported in the 2021 Giants 400 Report.
| Oct 14, 2021
The future of mass timber construction, with Swinerton's Timberlab
In this exclusive for HorizonTV, BD+C's John Caulfield sat down with three Timberlab leaders to discuss the launch of the firm and what factors will lead to greater mass timber demand.
Giants 400 | Aug 30, 2021
2021 Giants 400 Report: Ranking the largest architecture, engineering, and construction firms in the U.S.
The 2021 Giants 400 Report includes more than 130 rankings across 25 building sectors and specialty categories.
