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
In the last 20 years, just one NFL stadium has been built solely through private funding. [...]
Still, when it comes to getting the best deal out of an arena, leaving taxpayer money off the tab is only a good start.
Studies have repeatedly shown that sports teams don’t have the far-reaching economic impacts that one might assume, and experts have noted that stadiums aren’t as catalytic as some franchise owners might tout. — nextcity.org
Cultural giving among America’s top philanthropists fell slightly in 2014, according to an annual ranking of the 50 largest charitable donors released last week by the Chronicle of Philanthropy. This news might come as a surprise to US museum directors, who have been swiftly—and quietly—raising eight-, nine-, and ten-figure donations from eager patrons. Their ambitious capital campaigns make the austerity measures of the recent recession feel like a distant memory. — theartnewspaper.com
Following a nine-month stretch of positive billings, the Architecture Billings Index (ABI) showed no increase in design activity in January. [...] The American Institute of Architects (AIA) reported the January ABI score was 49.9, down from a mark of 52.7 in December. This score reflects a very modest decrease in design services (any score above 50 indicates an increase in billings). The new projects inquiry index was 58.7, down from the reading of 59.1 the previous month. — calculatedriskblog.com
Manhattan may be a bustling metropolis filled with busy people rushing off to work, the theatre, restaurants and the myriad attractions the city has to offer. A replica in China, complete with knock-offs of Rockefeller Center and the Hudson River, is missing that one key element that makes New York, New York: the people. [...]
“All of these tall buildings just appeared,” one local man recently told CTV News. — ctvnews.ca
New York, Boston, Chicago, and other major metros have a lot of construction activity, but also a lot of architects. It's a competitive field made more so by the sheer number of talented firms in the same handful of cities. That contributes to the culture of stress and overwork that many architects bemoan [...]. By contrast, an ambitious architecture practice can carve out a niche for itself in a second-tier city, where the scene is often dominated by "legacy" firms that play it safe. — citylab.com
There were ten out of twelve months of increasing demand for design services in 2014, and the Architecture Billings Index (ABI) points to a healthy outlook for the nonresidential construction industry. [...] The American Institute of Architects (AIA) reported the December ABI score was 52.2, up from a mark of 50.9 in November. [...] The new projects inquiry index was 58.2, following a mark of 58.8 the previous month. Design contracts posted a mark of 49.9, after a 54.9 score in November. — aia.org
While some remain cynical about homeownership, the U.S.'s foreign-born population still regards it as a symbol of attaining the American Dream. [...]
Last year, immigrant households made up 11.2 percent of owner-occupied housing according to the JCHS—that’s up from only 6.8 percent in 1994. — theatlantic.com
Buoyed by sustained demand for apartments and condominiums, coupled with state and local governments moving ahead with delayed public projects, the Architecture Billings Index (ABI) has been positive for seven consecutive months. [...] (AIA) reported the November ABI score was 50.9, down from a mark of 53.7 in October. This score reflects a slight increase in design activity [...]. The new projects inquiry index was 58.8, following a mark of 62.7 the previous month. — calculatedriskblog.com
Headed by the continued strength in the multi-family residential market and the emerging growth for institutional projects, demand for design services continues to be healthy [...] The American Institute of Architects (AIA) reported the October ABI score was 53.7, down from a mark of 55.2 in September. This score reflects an increase in design activity (any score above 50 indicates an increase in billings). The new projects inquiry index was 62.7, following a mark of 64.8 the previous month. — calculatedriskblog.com
On the heels of recording its strongest pace of growth since 2007, there continues to be an increasing level of demand for design services [...]. The American Institute of Architects (AIA) reported the August ABI score was 53.0, down from a mark of 55.8 in July. This score reflects an increase in design activity (any score above 50 indicates an increase in billings). The new projects inquiry index was 62.6, following a very strong mark of 66.0 the previous month. — calculatedriskblog.com
Architecture theorist Jacob Dreyer explains how the Stalinist model of urbanism – a centrally planned component within a national economic unity – is thriving in modern China — theguardian.com
The last three months have shown steadily increasing demand for design services and the Architecture Billings Index (ABI) is now at its highest level since 2007. [...] The American Institute of Architects (AIA) reported the July ABI score was 55.8, up noticeably from a mark of 53.5 in June. This score reflects an increase in design activity (any score above 50 indicates an increase in billings). The new projects inquiry index was 66.0, following a very strong mark of 66.4 the previous month. — calculatedriskblog.com
It was billed as a chance to transform Greece's image abroad and boost growth but 10 years after the country hosted the world's greatest sporting extravaganza there is little to celebrate at the birthplace of the modern Olympic Games. [...]
For Greeks who swelled with pride at the time, the Games are now a source of anger as the country struggles through a six-year depression, record unemployment, homelessness and poverty.
Greece has struggled to generate revenue from the venues. — uk.reuters.com
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