Archinect - News

Weapons mogul resigns from Whitney Museum board amid artist revolt

2019-07-25T12:41:00-04:00

A vice chairman of the Whitney Museum of American Art stepped down on Thursday after months of protests over his company’s sale of tear gas, culminating in the withdrawal of eight artists last week from the prestigious Whitney Biennial exhibition.

The decision came days after London-based Forensic Architecture joined seven other artists in withdrawing from the 2019 Whitney Biennial exhibition.

Kanders struck a petulant tone in his resignation letter, saying, “The targeted campaign of attacks against me and my company that has been waged these past several months has threatened to undermine the important work of the Whitney,” adding, “I joined this board to help the museum prosper. I do not wish to play a role, however inadvertent, in its demise.”

Funding flows to construction technology start-ups

2019-07-24T09:36:00-04:00

Funding in US-based construction tech startups totals just $196.5 million across 44 deals halfway through 2019. Still, $192.6 million across 44 deals is still significantly lower than the $1.274 billion raised by US-based construction startups in the first half of 2018.

The bustling world of construction technology start-ups is off to a slow start in 2019, as mid-year funding statistics point to a marked drop in investment for these insurgent companies over 2018's blockbuster year, Crunchbase reports.

Whether or not 2018's record investment, including Katerra's $865 million haul, was a one-time fluke remains to be seen. Either way, that's not stopping funders from supporting companies like Rhumbix, a San Francisco-based field data-capturing platform that helps builders go paperless on the job site, which recently received a $14.3 million in new investment.

Trevor Zimmerman, managing partner at investment firm Blackthorn Ventures, told Crunchbase, “Today, foreman and laborers have supercomputers in the form of smartphones in their pockets,” adding, “That’s enabling companies like Rhumbix to bring efficiency gains to construction that other sectors, like manufacturing, were able to access over a decade ago with desktop computers.”

New York City-base...

Is a decline in U.S. government spending hurting infrastructure?

2018-09-10T16:14:00-04:00

In the second quarter of this year, investment spending by the federal government dropped below 1.4 percent of gross domestic product for the first time since the 1940s, according to the latest data from the Bureau of Economic Analysis. OK, at 1.397 percent, it wasn’t much below, and federal government investment as a share of GDP isn’t exactly a closely watched economic indicator. But the decline through the decades is still pretty striking...

Justin Fox tracks the decline in U.S. government spending over the years, noting infrastructure investments have largely been replaced with spending on social insurance programs. With private investors taking the lead, Fox argues U.S. infrastructure suffers as there are many vital projects which private investors will never touch.

Will the Los Angeles 2028 Olympics truly be low-impact?

2018-07-12T16:04:00-04:00

The only profitable games in modern Olympic history, LA 1984 was a case study in public–private partnerships, corporate sponsorship, and municipal storytelling [...] It’s proof, say LA 2028 organizers, that the city can do it again: re-use the city’s wealth of existing and under-construction stadiums and athletic facilities, house athletes and the media at local universities, and host an Olympics that won’t require new publicly-funded infrastructure...

The Olympics have been promoted to cities as a vehicle for ushering in investment, attention, and urban growth. The reality, however, is often contradicting with failed developments and infrastructure left in the aftermath. As Los Angeles prepares to host the 2028 games, large questions remain on how this will impact the city with an affordable housing and a homelessness crisis.

A tool to digitally analyze Frank Lloyd Wright’s floorplans among the recipients from $12.8M in NEH grants

2017-12-15T20:45:00-05:00

The National Endowment for the Humanities (NEH) recently awarded several grants in support of preservation of collections at small institutions, innovative digital projects for the public, and advanced humanities research. Among the many awarded projects was a new tool which uses digital analysis of architectural floor plans to show change over time in works by Frank Lloyd Wright.

Here are all the awarded architecture related grants:

"A two-year faculty and curricular development project at Tuskegee University to integrate humanities study and architectural training."

"The purchase and installation of environmental monitoring equipment to aid in the preservation of collections housed at Taliesin in Spring Green, Wisconsin, and Taliesin West in Scottsdale, Arizona - modern historic homes designed by architect Frank Lloyd Wright."

"A program to involve 32 teens from minority and low-income groups in the study of the architectural history of Chicago's neighborhoods."

"The continue...

Peter Fu donates $12 million to McGill School of Architecture

2017-09-27T14:43:00-04:00

Shanghai’s spectacular skyline is studded with buildings shaped by architect Peter Guo-hua Fu. Now the McGill alumnus is setting his sights on a new project: taking McGill’s long history of world-class architecture education to the next level.

Peter Fu, architect and president of K. F. Stone Design says ‘McGill gave me a chance to change my life. Now that I have the chance, I really want to pay it back’. To honor the gift, McGill School of Architecture will be renamed the Peter Guo Hua Fu School of Architecture .

Why is Trump seeking private equity for public infrastructure?

2016-11-21T12:51:00-05:00

The indefatigable Paul Krugman takes a closer look at Trump's proposed infrastructure funding plans in his column for The New York Times, wondering why the President-elect would seek private equity for public projects. Is this a profiteering scheme that sneakily privatizes ownership of traditionally publicly accessible resources (like water, for example)?

As Krugman notes about Trump's plan: "Crucially, it’s not a plan to borrow $1 trillion and spend it on much-needed projects — which would be the straightforward, obvious thing to do. It is, instead, supposed to involve having private investors do the work both of raising money and building the projects — with the aid of a huge tax credit that gives them back 82% of the equity they put in. To compensate for the small sliver of additional equity and the interest on their borrowing, the private investors then have to somehow make profits on the assets they end up owning."

For more on how architects are reacting to the Presidential elect...