“I give it two years, max [...] It will be US business interests that finally push congress into lifting the embargo – they’re all going crazy being shut out of this market.” American architects and developers are already queuing up to be first in line, ready to pounce on investment opportunities when the embargo drops. Frank Gehry sailed into Havana in December, aboard a streamlined yacht he designed for himself, here to “offer his expertise to Cuba” according to a government statement. — theguardian.com
“You know that Cuba is at the centre of attention of many people,” Gehry told the gathered crowd. “And in the immediate future it will attract many investors – particularly the tourism sector. But I am sure that you know to be careful with those projects.”Related stories in the Archinect...
There were a few occasions where demand for design services decreased from a month-to-month basis in 2015, but the Architecture Billings Index (ABI) concluded the year in positive terrain and was so in eight of the twelve months of the year. [...] (AIA) reported the December ABI score was 50.9, up from the mark of 49.3 in the previous month. This score reflects a slight increase in design services [...]. The new projects inquiry index was 60.2, up from a reading of 58.6 the previous month. — aia.org
Key ABI highlights for the month of December were reported by the AIA as:Regional averages: West (53.7), South (53.3), Northeast (46.7), Midwest (46.1)Sector index breakdown: multi-family residential (52.9), institutional (52.2), commercial / industrial (47.3), mixed practice (46.5)Project...
The last deep-pit coal mine in the U.K. plans to shut its doors here next week, heralding the end of a centuries-old industry that helped fuel the industrial revolution and build the British Empire.
The shutdown [...] represents a victory for advocates of reducing carbon emissions after world leaders gathered in Paris to discuss how to combat global warming, with coal in the cross hairs. It also reflects a glut of energy on world markets, from crude oil to natural gas and coal itself. — wsj.com
As has been the case a few times already this year, the Architecture Billings Index (ABI) dipped in November. [...] The American Institute of Architects (AIA) reported the November ABI score was 49.3, down from the mark of 53.1 in the previous month. This score reflects a decrease in design services (any score above 50 indicates an increase in billings). The new projects inquiry index was 58.6, up just a nudge from a reading of 58.5 the previous month. — aia.org
Key highlights for the month of November were reported by the AIA as following:Regional averages: South (55.4), West (54.5), Midwest (47.8), Northeast (46.2)Sector index breakdown: multi-family residential (53.8), institutional (52.0), commercial / industrial (51.0), mixed practice (47.6)Project...
But if L.A. is going to remain a creative capital, its civic and cultural leaders are going to need to do more than offer really great talk about how great we are...This can start with the Otis Report on the Creative Economy...If this report is to be more than just a feel-good data dump, it could use some solid recommendations on how L.A. compares to other cities culturally and how we might improve the situation for artists and cultural organizations, both small and large. — Los Angeles Times
More about arts districts on Archinect:Venice Beach's ongoing grapple with the tech titan invasionDowntown LA's vision of an architecture and design super clusterHow one urban planner is helping revamp a Miami suburb "without gentrification"With a little compromise, illegal urban squats like...
The Architecture Billings Index (ABI) returned to positive territory after a slight dip in August, and has seen growth in six of the nine months of the year so far. [...] The American Institute of Architects (AIA) reported the September ABI score was 53.7, up from a mark of 49.1 in August. This score reflects an increase in design services (any score above 50 indicates an increase in billings). The new projects inquiry index was 61.0, down from a reading of 61.8 the previous month. — calculatedriskblog.com
The AIA reports the following key ABI highlights for the month of October:Regional averages: South (56.2), West (54.4), Midwest (52.6), Northeast (49.2)Sector index breakdown: commercial / industrial (55.1), mixed practice (54.9), multi-family residential (52.5), institutional (51.4)Project...
The Architecture Billings Index (ABI) slipped in August after showing mostly healthy business conditions so far this year. [...] The American Institute of Architects (AIA) reported the August ABI score was 49.1, down from a mark of 54.7 in July. This score reflects a slight decrease in design services (any score above 50 indicates an increase in billings). The new projects inquiry index was 61.8, down from a reading of 63.7 the previous month. — aia.org
The AIA states these key ABI highlights for the month of August:Regional averages: Midwest (56.1), South (53.8), West (50.2) Northeast (46.8)Sector index breakdown: institutional (53.7), mixed practice (52.8), commercial / industrial (49.7) multi-family residential (49.5)Project inquiries index...
The Architecture Billings Index (ABI) is reflecting healthy and sustained demand for design services in nearly all nonresidential project types. [...] (AIA) reported the July ABI score was 54.7, down a point from a mark of 55.7 in June. This score still reflects an increase in design services (any score above 50 indicates an increase in billings). The new projects inquiry index was 63.7, up slightly from a reading of 63.4 the previous month. — aia.org
The AIA summarizes these key ABI highlights for the month of July:Regional averages: Midwest (58.2), South (55.7), West (53.8) Northeast (53.5)Sector index breakdown: institutional (57.3), mixed practice (56.8), commercial / industrial (53.4) multi-family residential (49.8)Project inquiries index...
As Los Angeles moves closer to bidding for the 2024 Summer Olympics, officials said they can host the massive 17-day sporting event for $4.1 billion and offered to guarantee that the city will cover any cost overruns. [...]
Garcetti and his team have proposed to spend $500 million less than what Boston had planned and expect to finish with a $150-million surplus by generating billions in broadcast and sponsorship revenue. — latimes.com
Related Olympic news on Archinect:Will Rio's Olympic venues be ready in time for the 2016 Games?Boston backs out of 2024 Olympics bidToronto ventures into sixth bid to host Olympic GamesZaha's Tokyo Olympic Stadium cancelled – Abe calls for a redesign from scratch
Las Vegas’s recovery, like America’s, seems to have to come to the wealthiest first. [...]
But Sin City’s recovery shows the enduring ability of America to make improbable ideas work. Some 2m people live in a glittering, sprawling city deep in the desert and hardly think that this is strange. And with its mix of tech-obsessed yuppies, ageing baby-boomer gamblers and thrusting Hispanics, its demography resembles America’s future. — economist.com
Related:Learning from Las Vegas: a look at the Strip through urban planning lensesWill Zappos turn downtown Las Vegas into the next Silicon Valley?70's Vegas underground home on the market for $1.7MSomething is happening in Vegas; but will it convince people to stay?
Major public cultural institutions in Greece are on the point of collapse, say leading Greek art professionals, as concerns mount that the country faces insolvency after 61% of the population rejected bailout proposals earlier this week made by international creditors. — theartnewspaper.com
Led by growing demand for new schools, hospitals, cultural facilities and municipal buildings, the Architecture Billings Index (ABI) increased in May following its second monthly drop this year. [...] (AIA) reported the May ABI score was 51.9, up from a mark of 48.8 in April. This score reflects an increase in design services (any score above 50 indicates an increase in billings). The new projects inquiry index was 61.5, up from a reading of 60.1 the previous month. — calculatedriskblog.com
The boom in China stock prices that has created more than 100 new billionaires and billionaire families in the past month is continuing this week. [...]
Tu Shanzhong, chairman of Pubang Landscape Architecture, became China’s newest landscape architecture billionaire after shares in his 31%-owned Pubang Landscape Artchitecture closed at a record high of 38.53 yuan [...]. Our estimate of his fortune, at $1 billion on Wednesday, includes discounts for collateralized shares and includes dividends. — forbes.com
New York and London remain the world’s most global cities, as they are the only cities to rank in the top 10 of both the Global Cities Index and the Global Cities Outlook according to the A.T. Kearney Global Cities 2015 [...]. San Francisco leads the Global Cities Outlook due to its strength in innovation. Other cities ranking at the top of the Global Cities Outlook include London (#2), Boston (#3), New York (#4), and Zurich (#5). — atkearney.com
For lovers of city rankings:Melbourne named world’s most liveable city for fourth consecutive yearForbes Releases Baffling "Coolest Cities" ListFor skeptics: The Top 6 Reasons to Be Wary of City Rankings, Ranked
Riding a stretch of increasing levels of demand for thirteen out of the last fifteen months, the Architecture Billings Index (ABI) dropped in April for the second month this year. [...] (AIA) reported the April ABI score was 48.8, down sharply from a mark of 51.7 in March. This score reflects a decrease in design services (any score above 50 indicates an increase in billings). The new projects inquiry index was 60.1, up from a reading of 58.2 the previous month. — calculatedriskblog.com
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