New home sales rose 11 percent in March from February to a seasonally adjusted rate of 300,000 homes. It was the first monthly increase since December. — Alex Veiga, Forbes
The ULI reports that home sales, "remain below pre-recession levels in more than 95 percent of metropolitan areas, major markets in Texas and North Carolina lead the nation in new construction activity." Here are the top ten major metropolitan areas for new housing permits with figures from...
“The traditional model of the Western international practice has been to have a shop window in developing countries but with the work executed back at home,” Declan O’Carroll was quoted as saying. “We are looking at a much more fluid, unorthodox model.” — C.J. Hughes, Architectural Record
Despite dropping from an all time high of 10,000 employees in 2008— losing 330 in 2009 and 670 employees this past winter— Arup has announced that they have three new offices, Beijing, Shanghai, and Shenzhen, in China. Each new office employs 12 architects and 15 engineers with...
“The age of bling is over,” said Shuttleworth, who led the team at Norman Foster’s firm that designed the seven-year- old tower in the City of London financial district. He said it would never get off the ground today. “Money now drives everything, so if you can build something for half the price, you will,” he said. — bloomberg.com
GRADUATE education is the Detroit of higher learning. Most graduate programs in American universities produce a product for which there is no market (candidates for teaching positions that do not exist) and develop skills for which there is diminishing demand (research in subfields within subfields and publication in journals read by no one other than a few like-minded colleagues), all at a rapidly rising cost (sometimes well over $100,000 in student loans). — nytimes.com
The firm, which designed the Scottish Parliament building, has been hit in recent months by the departure of 80 staff from its Hong Kong office, as well as senior personnel from its US operations, amid reports of unrest over late payment of salaries. — The Construction Index
RMJM, Robert Matthew Johnson Marshall, of Edinburgh, Scotland has found itself in a precarious situation. According to the Scotsman, the firm is in a bit of a pickle with late payments of salaries at its Hong Kong office. Despite the firm receiving a £5,000,000 cash and a £...
SUBMIT NEWS: submit in 60 seconds!