U.S. retailers have announced more store openings than closures so far this year: 3,199 openings versus 2,548 closings, according to retail data specialist Coresight Research. If the trend holds throughout the year, that will represent a complete turnabout from 2020,...
Increased public awareness of the hazards posed by indoor pollutants has raised tenant expectations for healthy indoor air. In response, builders, owners and managers of multi-family housing are installing healthy air systems for individual units as a means of both...
Swedish retail giant Ikea, known for its inexpensive, modern, hard-to-assemble furniture, traditionally doesn’t target urban cores. Instead, it typically builds its warehouse-style stores, averaging 320,000 sq ft., in suburban areas. Now, the Ingka Centres shopping...
It’s too soon for most developers to sign a contract to buy a failed hotel—but apartment developers are watching and waiting for prices to drop to buy other property types damaged by the economic crisis to redevelop into multifamily buildings. Even before the crisis,...
When states around the country essentially locked down to help curb the spread of COVID-19, outlet centers, like regional malls, were forced to temporarily shutter, which took its toll on the sector. “Outlets are one of the property types most impacted by COVID, with...
Curbside pickup has exploded in popularity over the past few months and retailers and mall operators are rushing to catch up. The service allows customers to place orders online with a store and then drive to the retailer’s location to pick up items at the curb or...
Common areas remain silent at many apartment buildings—emptied out to avoid spreading the coronavirus. But residents still need services and amenities, especially as they spend more time on site than normal. That’s forcing innovation and adaptation on the part of...
The airport “experience” of hurry up and wait leaves passengers often standing virtually on top of their fellow travelers in processing, security, and boarding queues, or at baggage carousels on their way out. And unless a person is sweating profusely or coughing...
Designers, engineers, and commercial building owners have several ways to safeguard indoor air during the COVID-19 pandemic. Office buildings can slow the spread by spacing desks at least six feet apart and by implementing a few ventilation measures including...
A handful of warehouse robots helped American Eagle Outfitters Inc. cope with a flood of online orders during coronavirus lockdowns as consumers loaded digital shopping carts with hoodies, leggings and loungewear. Now the company is stepping up its use of automation....
Catie McKee was nervous. It was last October, and the 31-year-old hedge fund analyst, who had been scrutinizing the mortgages on the nation’s malls, was convinced that some of those malls would default on their loans. She and her colleagues had even bet a substantial...
Walmart and Target reported record sales in the second quarter, driven by the convenience of one-stop shopping and their e-commerce operations. In the early days of the pandemic, when grocery stores in the United States ran low on staples like toilet paper, people...
The spread of the coronavirus has had a devastating impact on the U.S. and worldwide economies. But that spread also created health and wellness scenarios for the built environment that lend themselves to reconstruction and renovation, say AEC firms. “I anticipate an...
Florida recently became the third state to adopt the American Concrete Institute’s latest code for repair of concrete structural elements in buildings. ACI 562-19 Code Requirements for the Assessment, Repair and Rehabilitation of Existing Concrete Structures will be...
Remember what visiting the mall felt like? You contend for a parking spot, find the location of stores on the mall map, stroll from store to store, grab a sandwich at the food court, and then return home satisfied with bulging shopping bags. Now, things look a little...
With campus cultures rooted in socialization, communal activities, and interdisciplinary collaborations, colleges and universities around the globe face big unknowns in the face of COVID-19 disruptions and recovery. What is known is that higher education in the era of...
From retail-infused brands to Airbnb, the hospitality industry has seen its share of disruptors over the past several decades. These disruptions have been relatively gradual and allowed time for the savvy hotel brands to anticipate and react to change. The COVID-19...
COVID-19 Campus Reboot Guide provides advice on how to optimize space to promote social distancing, methods to increase cleanliness, and how to repurpose larger spaces for instruction. The guide includes diagrams that describe how to revamp spaces to make them safer...
After living with the threat of COVID-19 for several months, it is increasingly clear that we will need to manage this situation for some time to come. Habits and lifestyle changes adopted as pandemic strategies may prove enduring, and these changes will be reflected...
Since the coronavirus pandemic arrived in the U.S., contractors have been increasingly nervous about maintaining and building their backlog of work as jobs in some areas and sectors are put on hold or canceled. To build their books, many firms are bidding on more...
The pandemic has shifted preferences when it comes to what renters are seeking when considering new apartments. Before the emergency of COVID-19, a Greystar survey revealed the most wanted apartment amenities in the U.S. included swimming pools, multi-use common...
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