Development: Page 2
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Courtesy of AECOM
Vegas convention center on track for 2025 completion
An AECOM Hunt-Penta joint venture recently placed the final beam on the city’s $600 million exhibition hall.
By Sebastian Obando • Aug. 22, 2024 -
bjdlzx via Getty Images
Data center vacancy rate hits record low in H1 2024 as power supply challenges persist: CBRE
Demand for high-power computing is driving a significant price gap between new data centers and legacy facilities, which lack the infrastructure to support workload demands, the firm says.
By Joe Burns • Aug. 20, 2024 -
Courtesy of ZGF
Portland International Airport debuts main terminal after Phase 1 of $2.15B expansion
The 1 million-square-foot project in Oregon includes wider TSA checkpoints with new equipment and a ground-source heat pump that can help cut energy use by 50%.
By Nish Amarnath • Aug. 16, 2024 -
Frazao Studio Latino via Getty Images
Office vacancies slow, with portfolio growth expected to increase as foot traffic ramps up
The National Association of Realtors says U.S. office vacancy rates hit a new record of 13.8% in the second quarter, while CBRE expects portfolios to stay stable or grow in the next three years.
By Joe Burns • Aug. 9, 2024 -
Courtesy of Purdue University
Purdue University’s capital plan includes $239M for construction and renovation
The 10-year plan prioritizes facility renovations, facility replacements as needed and the addition of new space only when required, a university official said.
By Sebastian Obando • Aug. 6, 2024 -
Justin Sullivan/Getty Images via Getty Images
More housing, fewer offices: San Francisco mayor proposes zoning change
Certain projects currently must include a minimum amount of office space. The city’s proposed legislation would change that.
By Ysabelle Kempe • Aug. 1, 2024 -
Retrieved from Paris 2024 on July 26, 2024
Let the games begin: A glimpse at Paris’ new Olympics venues
Recently constructed facilities for the Summer Games include an aquatics center, climbing walls and a gymnastics and badminton arena.
By Zachary Phillips • July 29, 2024 -
John Moore/Getty Images via Getty Images
Seattle encourages office-to-residential conversions with new law
The legislation, signed by Mayor Bruce Harrell, provides exemption from design development standards, but city officials expect limited projects to result from it.
By Ysabelle Kempe • July 15, 2024 -
With geothermal systems, higher ed institutions go underground for heating and cooling
From Colorado to Vermont, universities are drilling wells and building closed-loop district water systems to cut emissions and costs associated with heating and cooling.
By Joe Burns • July 12, 2024 -
Courtesy of Hensel Phelps
Data center demand continues despite supply bottlenecks
Pre-leasing rates of over 83% show that a strong demand for data center space is meeting supply at an impressive pace, says a CBRE executive.
By Sebastian Obando • July 8, 2024 -
Permission granted by Henry Ford Health
Henry Ford Health aims for net-zero emissions with Central Energy Hub
The healthcare organization says it plans to provide its new Detroit facilities with electric heating and cooling through a hot and chilled water pump system as part of a $2.2 billion campus expansion.
By Nish Amarnath • July 2, 2024 -
Nikada via Getty Images
Lack of power pushes rental increases in major U.S. data center markets: CBRE
Demand growth and shrinking availability of data centers are pushing companies to tertiary markets with greater power availability, a new report says.
By Joe Burns • June 28, 2024 -
Permission granted by PBK Sports
Q&AUpping the luxury quotient: How stadium construction is evolving
From kids’ teams to pro franchises, sports fans and athletes have higher expectations for stadium design, according to an architect.
By Zachary Phillips • June 25, 2024 -
Spencer Platt via Getty Images
Former Sears HQ to get new life as sustainable data center campus
Compass Datacenters plans to build five hyperscale data centers with salvaged materials from the 200-acre site’s existing buildings and a high-efficiency, waterless server cooling system.
By Brian Martucci • June 24, 2024 -
Hapabapa via Getty Images
High-performing submarkets show location and quality are key in life sciences
Ongoing movement to top-tier facilities in core markets is underscoring the need for lab operators to improve space and add attractive amenities, according to JLL.
By Joe Burns • June 13, 2024 -
FangXiaNuo via Getty Images
Sustainability upgrade value could offset office fit-out costs as price increases slow
Green energy solutions and low-carbon materials could offer long-term returns on investment, according to fit-out guides by CBRE, Cushman & Wakefield and JLL.
By Joe Burns • Updated June 12, 2024 -
Justin Sullivan/Getty Images via Getty Images
5 US cities prime for office-to-residential conversions
Many office buildings have layouts that are difficult to turn into housing, but the pipeline of conversions remains strong, according to an Urban Institute analysis.
By Ysabelle Kempe • June 6, 2024 -
Ameresco starts $33M energy efficiency overhaul at US National Archives
The modernization project aims to generate $2 million in annual savings and cut fossil fuel use by 72% in the federal agency’s two locations, the company says.
By Nish Amarnath • June 4, 2024 -
Retrieved from Massachusetts Port Authority on May 24, 2024
Boston Logan installs building management system, lifting airport modernization project
JM Electrical, the Boston-based contractor that installed the system, says the centralized control will monitor HVAC, lighting and plumbing systems to optimize energy use and boost operational efficiency.
By Nish Amarnath • May 24, 2024 -
Onurdongel via Getty Images
CBRE selects EV+ to install chargers at 10K commercial properties
As chargers gain value as amenities for tenants or employees, the firm is working to partner with more EV infrastructure providers, a CBRE executive says.
By Joe Burns • May 20, 2024 -
Gorodenkoff via Getty Images
Lab space supply-demand balance likely in coming years, JLL says
Boston, San Diego and the San Francisco Bay Area saw the most demand growth in the first quarter of 2024, the report states.
By Joe Burns • May 15, 2024 -
SeventyFour via Getty Images
Industrial markets primed for lower vacancy rates, higher competition for space: JLL
A slowdown in construction and expected demand from midsize operators and manufacturers could create supply shortages and reignite rental rate growth, according to its Q1 industrial outlook.
By Joe Burns • May 10, 2024 -
Courtesy of Meta
Data centers boom again, boost construction planning
However, traditional office and hotel projects continued to face slower momentum last month, according to the Dodge Construction Network.
By Sebastian Obando • May 9, 2024 -
Henderson, Jim. (20 May 2009). "The Rodino Federal Building" [Photograph]. Retrieved from Wikimedia Commons.
GSA allocates $23.8M for federal facility upgrades across 10 states
Funds from the Inflation Reduction Act will support 13 projects, including stormwater management, heat island mitigation and site sustainability, the U.S. General Services Administration says.
By Nish Amarnath • April 16, 2024 -
miodrag ignjatovic via Getty Images
House bill aims to turn government facilities into affordable housing
The U.S. General Services Administration, along with two other federal agencies, would be required to report to Congress on unused or underutilized federal properties suitable for residential conversion.
By Nish Amarnath • April 15, 2024
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