The days of poorly lit dispensaries with dusty shelves stocked with rolling papers, tie-dyed T-shirts and patchouli incense are over. The new 21st-century cannabis boutiques are taking a page from lifestyle aspirational brands, such as RH and Tiffany & Co., with...
Retail Stores Growing As Global Cannabis Sales Are Projected To Exceed $55 Billion by 2026
PALM BEACH, Fla., May 6, 2021 /PRNewswire/ -- Retail cannabis sales in North America soared in 2020. The pandemic has virtually destroyed many businesses, big and small, over the last year, but there is a retail business that has flourished IN and BECAUSE of the...
State and Municipal Agencies Expand Use of Cloud Construction Oversight
As state agencies wait on a possible infrastructure bill from the Biden administration, many are better prepared than they were a decade ago to manage hundreds of billions of dollars in new work. The Federal Highway Administration incentivized state DOTs to...
8 Construction Industry Trends to Watch in 2021
2020 has been undeniably a devastating year for everyone and every field. The lockdowns, quarantines, social distancing, and the casualties caused by the virus has shaken humanity beyond imagination. Although the construction sector faced a significantly worst side...
Public Storage Expands With $528M Portfolio Acquisition
Public Storage has acquired 24 properties with 2.3 million square feet of space from Beyond Self Storage in the first phase of a 36-property portfolio transaction totaling 3.6 million square feet and valued at $528 million. The first phase includes existing properties...
NYC Poised for 2021 COVID Comeback with Major Real Estate Developments
Amid rising COVID cases and looming lockdowns, my fellow New Yorkers should take heart — because we will have a greater city to look forward to once this pandemic’s over. Although the flight from the Big Apple, increasing crime, and possible MTA cuts are dominating...
Netflix Landlord in Bushwick Snaps Up Property Across Street
The investors who brought a Netflix soundstage to Brooklyn just picked up another property nearby — a sign that they could be eyeing an expansion for the popular production and streaming company. Joseph and Glenn Lostritto’s Steel Equities recently bought the large...
Envisioning Libraries as Community Hubs
WHAT MAKES THE ROLE OF LIBRARIES UNIQUE DURING THIS TIME OF SOCIAL DISTANCING? Libraries always have been asked to do a great deal to serve the public and a wide variety of people—from balancing traditional print media with high-tech services, to serving as a quiet...
Infection Control Measures for Airport Terminals
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...
Reopening Campus Performance Arts Centers
As institutions develop plans to reactivate their campuses in meaningful ways, they must consider specialized academic units that require deliberate face-to-face and hands-on learning to accomplish proficiency in academic training. Performing arts disciplines,...
Reconstruction Could be COVID-19’s Silver Lining
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...
Renewing the Healing Role of Public Parks
Disease prevention has had a large impact on public space planning and design throughout history. Typhoid, smallpox and cholera epidemics in the 1800s brought forth the sanitary movement creating municipal sewer systems, indoor plumbing and wider, straighter streets...
Designing Resilient Libraries for a Post-Covid World
The Coronavirus Pandemic forced 98% of all public libraries across the United States to close in April (American Library Association). While we miss our libraries, it’s been inspiring to see the creativity and dedication library workers have shown as they’ve taken...
Top 40 Religious Facilities Sector Construction Firms for 2019
RANK COMPANY 2018 RELIGIOUS SECTOR REVENUE 1 STO Building Group (formerly Structure Tone) $120,900,000 2 Crossland Construction $76,525,292 3 Consigli Building Group $35,665,128 4 Hill & Wilkinson $34,469,337 5 Whiting-Turner Contracting Co., The $28,407,278 6...
Developers Wave Goodbye to Empty Costs
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...
Is Legal Cannabis CRE’s Next Big Tenant?
With 10 states plus Washington, D.C., legalizing cannabis for recreational use and medical marijuana legal in another 23 states, the marijuana industry is providing an opportunity for those in the commercial real estate to dip their toes into something new. According...
5 Ways to Activate ‘Dead Space’ in Mixed-Use Developments
While it will always be the tenants that bring traffic to a development, the real challenge for developers is keeping the traffic on-site for an extended period of time, creating opportunities for both cross-shopping and guest engagement. Increasing dwell time has...
$5M Donation to Create Children’s Play Garden in West Riverfront Park
Delta Dental on Wednesday announced a $5 million gift to the Detroit Riverfront Conservancy to construct a five-acre playground on the West Riverfront, officials said. The Delta Dental Play Garden will be a part of the Ralph C. Wilson, Jr. Centennial Park, a project...
$5M Donation to Create Children’s Play Garden in West Riverfront Park
Delta Dental on Wednesday announced a $5 million gift to the Detroit Riverfront Conservancy to construct a five-acre playground on the West Riverfront, officials said. The Delta Dental Play Garden will be a part of the Ralph C. Wilson, Jr. Centennial Park, a project...
USGBC receives funding for LEED for Cities and Communities Program
The U.S. Green Building Council (USGBC) received a new $500,000 grant from Bank of America to support the LEED for Cities and Communities Program. The money will be used to support LEED certification of 15 U.S. cities and communities. The grant provides financial...
Greenways to Shared Streets: Detroit to Revamp 7 Business Corridors Starting this Spring
Detroit is finalizing plans to revamp seven business corridors across the city this spring as part of a $125 million campaign to breathe life into its neighborhoods. A request for proposals for the projects will be released later this month. Dozens of city blocks,...
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