A source close to [Hyperloop Technologies Inc.], who was not authorized speak publicly, confirmed the company has moved into the space, which was chosen in part so Hyperloop could be around artists and designers and other creative types in a space big enough to build large-scale hardware. [...]
Funded by a reported $8.5 million in seed money, the company has raised an additional $20 million of the estimated $80 million it will need to build a five-mile Hyperloop test track — latimes.com
A new analysis authored by Todd Litman at the Victoria Transport Policy Institute concludes that sprawl costs the U.S. economy more than $1 trillion every year. [...]
The optimal density Litman uses in the report is only about 23 people per hectare. Add those 2.2 billion people to global cities at a density of about Atlanta, and we'd need the equivalent of all the land in India to accommodate them. — washingtonpost.com
This post is brought to you by PPI. The Architect Registration Examination (ARE) is a professional licensure examination. It has been adopted by all 50 United States as well as the U.S. territories. The ARE is administered by the National Council of Architectural Registration Boards (NCARB) to...
When construction’s done in 2016, Teachers Village will consist of eight, low-rise buildings housing three charter schools and a daycare facility, 65,000 square feet of retail, and 205 residential units designed by the world-renowned Richard Meier, Newark’s native son and architect of the Getty Center in Los Angeles and the Barcelona Museum of Contemporary Art in Spain. — Politico
Blackstone Group LP agreed to buy Chicago’s Willis Tower, the second-tallest building in the U.S., and plans to upgrade the retail and observatory space in a bet on growth in the city. [...]
On a per-square-foot basis, the valuation for the more than 40-year-old Willis Tower is lower than deals for newer buildings. The Blackstone price is about $342 a square foot, based on about 3.8 million square feet (353,000 square meters) of rentable space. — bloomberg.com
Among this new breed of towers, design elements not directly tied to profit are often downgraded or eliminated as overall costs climb. [...] With today’s mathematically generated super-spires, it’s best to paraphrase Mae West: “Architecture has nothing to do with it.”
[...] much as the new super-tall New York condos may serve that same general purpose, these are no works of art. If, as Goethe posited, architecture is frozen music, then these buildings are vertical money. — The New York Review of Books
After its first negative score in ten months, the Architecture Billings Index (ABI) showed a nominal increase in design activity in February, and has been positive ten out of the past twelve months. [...] The American Institute of Architects (AIA) reported the February ABI score was 50.4, up slightly from a mark of 49.9 in January. This score reflects a minor increase in design services [...]. The new projects inquiry index was 56.6, down from a reading of 58.7 the previous month. — aia.org
In founding a town for some 10,000 of his employees to call their own, the Facebook mogul is following generations of entrepreneurs, from the Dutch East India Company to Walt Disney. [...]
Zuckerberg’s version is to take the form of a 200-acre private municipality adjacent to Facebook’s Menlo Park headquarters, masterplanned by long-time collaborator Frank Gehry and ever-so-humbly dubbed “Zee Town”. — theguardian.com
Next time you dig into a bowl of leafy greens, chances are they were grown in the heart of Newark, soon home to the world's largest indoor vertical farm*.AeroFarms, a leading commercial grower for vertical farming and controlled agriculture, together with property management firm RBH Group, a slew...
Google’s choice of BIG and Heatherwick Studios to design their Mountain View campus expansion is true to form: big, brash, debatably realistic, with a dash of techno-utopianism. The critical response to the proposal – a series of webbed glass shells covering reconfigurable utility spaces...
After investing five years and $50 million in an attempt to bring an NFL team back to Los Angeles, AEG is abandoning plans for its Farmers Field football stadium downtown.
The sports and entertainment conglomerate is no longer in discussions with the NFL or any teams about the project, company officials said Monday. [...]
In recent weeks, competing stadium proposals in Inglewood and Carson, backed by NFL team owners, have overshadowed the AEG plan. — latimes.com
To put that number in perspective, these folks make up the upper 0.002 percent of the world’s 7 billion inhabitants and hold over $20 trillion of its money. — 6sqft
Chicago’s Willis Tower, once the world’s tallest building and one of the city’s top tourist attractions, is up for sale. [...]
The 1,450-foot (442-meter) building, formerly known as the Sears Tower, is the second-tallest in the U.S., and was the world’s highest from its completion in the early 1970s until 1998 [...]
“It’s iconic in the size and how it dominates the skyline, [...] As an office building, however, it’s 1970s construction.” — bloomberg.com
How much more does it cost the public to build infrastructure and provide services for sprawling development compared to more compact neighborhoods? A lot more, according to this handy summary from the Canadian environmental think tank Sustainable Prosperity.
To create this graphic, the organization synthesized a study by the Halifax Regional Municipality [PDF] in Nova Scotia, and the research is worth a closer look. — streetsblog.org
With all the cultural, sports and real-estate projects launched throughout the United Arab Emirates, there have been persistent protests about the working and living conditions [...] ”Serious concerns about workers’ rights have not been resolved”, claims the advocacy group, asking for a commitment for ”more serious protection” from these institutions and Saadiyat Island’s developers. [...] appears to have made a serious effort to address the concern expressed by Western museums and architects. — theartnewspaper.com
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