When the University of Denver reopened for classes this fall, there was a new building on campus next to the student athletics center: a coronavirus testing center created using modular construction. Students and staff can either walk up or drive up to have their...
The U.S. metros of New York City, Chicago, Los Angeles, Houston, Miami, Atlanta, Washington, D.C., Las Vegas, San Francisco and Boston, according to Information intelligence firm GlobalData, are among the 50 "construction mega cities" around the world that have more...
As pop-ups continue their growth in popularity throughout the retail world, Cushman & Wakefield examined how this niche model has evolved from the traditional pop-ups into the various non-traditional counterparts. The pop-up concept has been around for longer than...
Against the backdrop of this year’s Cyber Monday generating record-shattering online sales estimated at $9.2 billion, commercial real estate experts envision e-commerce-fueled industrial REITs being a shining star of the REIT show in 2020. Meanwhile, in tandem with...
Prologis Inc., the largest warehouse provider in the U.S., wrapped up construction of a three-story distribution center in Seattle in October of last year. The 590,000-square-foot project, called Georgetown Crossroads, is the nation’s first logistics property to have...
Multifamily REITs have shown more appetite for new acquisitions this year. “REITs have very much returned to the market,” says Andrew Rybczynski, senior consultant at research firm the CoStar Group. After years of counting their pennies, REITs are once again major...
Developers are waving goodbye to empty construction costs as they place greater emphasis on the future use of projects as opposed to traditional, initial costs for materials and a layout that doesn’t maximize space usage, according to Rob Budetti, partner at AO...
For many institutions, this has been a call-to-action to challenge the status quo and plan for the future in a new way — creating master plans that focus on data-driven outcomes that will sustain and advance their long-term goals. For departments of science, the...
The U.S. Green Building Council (USGBC) announced its LEED Positive vision statement and LEED development roadmap that will “lay the foundation for a future of LEED that is regenerative.” LEED Positive will encourage development that allows buildings to become a...
Multifamily investors are now more likely to spend their money on properties in secondary and tertiary markets rather than in primary markets. “In secondary and tertiary markets… the number of offers that we are generating is much higher than what it was,” says John...
According to new research by CBRE, the U.S. restaurant industry and the retail real estate it occupies are being reshaped by fundamental industry shifts including the rapid growth of third-party, meal-delivery services, increasing adoption of in-store automation, and...
Supermarkets are trying to entice shoppers with more than just food. Hy-Vee is teaming up with high-intensity training gym OrangeTheory to build studios attached to two of its stores. In Morristown, New Jersey, ShopRite opened a store with a fitness studio that offers...
A majority of corporate real estate professionals polled at CoreNet Global Summits in North America, Europe, and Asia in 2018 and 2019 believe that coworking is a trend that will continue to grow and impact their markets. Some 63% of respondents currently have...
Following a two month decline in demand for design services, architecture billings got a bounce in October, according to a new report released today from the American Institute of Architects (AIA). The Architecture Billings Index (ABI) score in October is 52.0, up...
A new analysis of last year's federal labor statistics breaks down construction's top earners by job category. CEOs take the top spot, unsurprisingly. The review of Bureau of Labor Statistics data by the National Association of Home Builders of all categories of...
Prefabrication is not a new concept for architects, but its usage is evidently on the rise. With today’s limited spatial capacity and need for cost efficiency, the industrial strategy of architectural production has shifted towards an all-around-efficient approach, in...
WASHINGTON--(BUSINESS WIRE)--The U.S. Chamber of Commerce Foundation has recognized Clark Construction Group’s Strategic Partnership Program as one of four finalists for the “Best Economic Empowerment Program”. The recognition was bestowed during the Chamber’s 2019...
Based on feedback from women in Skanska’s Boston, New York, and Seattle offices, the firm created two safety vest options—one with a tapered waist, the other with an adjustable elastic waist band—made from a breathable mesh material that makes the vest lighter and...
The Annual Conference on Capital Markets in Real Estate, hosted by the New York University School of Professional Studies’ Schack Institute, gathered commercial real estate finance and investment pros to discuss some of the biggest trends shaping finance and...
Developers are set to open 61 new hotels to the New york City market next year as the sector continues to experience a construction boom. According to the third quarter construction pipeline trend report published by Lodging Econometrics (L.E.), the city has the...
New York native Danielle Healy is one of seven strangers picked to live in a house in Brooklyn. When the 26-year-old was fed up with her roommate and paying expensive rent, she decided to look into a co-living space in Williamsburg, a house with communal living where...
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