The Latest
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37 major stadiums in US, Europe face $800M in potential climate-related losses by 2050, study finds
U.S. venues face significantly higher hazard exposure risks, according to Climate X’s analysis, with three of the six most exposed venues in Florida.
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DOL kills apprenticeship rule aimed to raise labor standards, increase DEI
Lawmakers and business groups objected to the burden the rule might place on small businesses and expressed concerns regarding its diversity proposals.
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GSA engages JLL, Corg for integrated facilities management services
The contract will include mechanical, electrical and plumbing systems repair and maintenance services for 20 General Services Administration buildings and two parking garages, JLL said.
Updated Dec. 9, 2024 -
Lessen launches predictive maintenance and asset management platform for facilities, portfolios
With automation, artificial intelligence and real-time data, the Digital FM+ platform can reduce risk and optimize resource allocation, the company says.
Updated Dec. 6, 2024 -
Central business districts show “employee experience” opportunities
Despite challenges, including higher-than-average vacancy rates, central business districts still hold strong fundamentals related to labor, transportation and employee experience, experts say.
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Nearly half of branded hotels are managed by third parties: report
Hotel companies such as Marriott and Hilton have increasingly turned to third-party management to mitigate risk and lower corporate expenses, but hospitality management remains “extremely fragmented.”
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Deep Dive
Today’s hospitality union battle is over wages. The next one might be about tech.
Hotel managers say tech is streamlining operations amid a tight labor market. Hospitality unions, meanwhile, have expressed concerns — and are making them known in contract negotiations.
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Meta seeks up to 4 GW of new nuclear power to help meet AI, sustainability objectives
The Facebook and Instagram parent aims to deploy new nuclear generation capacity to power its data centers beginning in the early 2030s, it said Tuesday.
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Constellation New Energy wins nearly $120M contract for energy-saving measures at five federal facilities
The upgrades, which include building envelope enhancements and LED retrofits, are expected to save $2.2 million in annual utility costs, the U.S. General Services Administration said.
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Mallcomm adds AI-powered sales insights to its commercial property management platform
The platform’s real-time data and transparency can help facility managers navigate changing landlord-tenant relationships and optimize sales performance, a Mallcomm executive said.
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Honeywell to sell commercial, industrial PPE business for $1.3B
The sale aligns with the company’s plans to exit the personal protective equipment industry and focus on automation, aviation and clean energy.
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Amazon Web Services upgrades data center components, designs
Simplified electrical and mechanical systems and modular components will maximize performance and efficiency for both traditional and next-generation facilities, AWS says.
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$8.2M upgrade at NYC health system facility expected to save over $400K in annual energy costs
The project at NYC Health + Hospitals’ Queens facility could slash roughly 1,500 metric tons of greenhouse gas emissions and 1.4 million kilowatt hours of electricity consumption annually, a city agency said.
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Schneider Electric tool helps hotels calculate building decarbonization ROI
Users can look at individual properties or an entire portfolio for cost estimates and compliance with local emissions laws. The company plans to roll the tool out for hotels “more widely” in 2025, an executive said.
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Compass Group, Aramark, Sodexo boost revenue, tech in FY24
Sports venue contracts and return-to-office trends helped the food service firms improve revenue and margins in fiscal year 2024, they reported.
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New York makes $10M available for building heating and cooling tech
HVAC manufacturers and building owners can apply for the funding to develop and demonstrate cold climate heat pumps, NYSERDA said.
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Inflation Reduction Act changes “not a Day 1 priority” for Trump, Congress: Crux
Though a full repeal of the 2022 climate law is unlikely, a Republican-controlled legislature could repeal or phase out some of its individual provisions beginning next year, policy experts said.
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Note from the Editor-in-Chief
A change in ownership and what it means for our readers.
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11 Boston-area institutions partner on renewable energy virtual power purchase agreements
Harvard, MIT and the Mass General Brigham health system anchor the Consortium for Climate Solutions, which will help develop renewable energy projects in Texas and North Dakota.
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Coworking spaces proliferate, but average space is getting smaller: Yardi
"We expect this trend to continue, as smaller spaces open, serving niches and more localized communities,” the firm says in its Q3 National Office report.
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AI could help cities tackle climate change, but only if it solves ‘real problems’: NYC climate chief
Poor building management and funding hurdles for decarbonization required by Local Law 97 are problems AI could potentially help address, Rohit Aggarwala said at Cornell Tech’s Urban Tech Summit last week.
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Entryway counting can bolster occupancy data, R-Zero says
By more accurately monitoring the flow of occupants across buildings, facilities managers can better schedule building systems and services, the company says.
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Duke Energy, Electrada launch microgrid-integrated EV fleet charging hub
The charging hub can serve light-, medium- and heavy-duty electric fleet vehicles with 100% renewable energy from Duke’s integrated microgrid.
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US office conversion projects could be up 63% this year: CBRE
The office conversion pipeline is expected to grow further in 2025, with cities rolling out more incentives as distressed assets enter the market at steeper discounts, a report says.
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Accelsius to provide direct-to-chip liquid cooling to iM Data Centers’ Miami facility
Set to open next year, the facility will showcase the two-phase liquid cooling solution for future iM clients, Accelsius CEO Josh Claman said.