The Urban Investment Group within Goldman Sachs Asset Management announced that it closed a $75 million investment with the National Affordable Housing Trust (NAHT) to establish the Black Developers Initiative Affordable Housing Fund, which will finance high-quality affordable housing across the country sponsored by Black-led developers — GlobeSt.com
Six organizations in San Francisco, Georgia, New York and Dallas received the capital grants for community and affordable housing projects. Two of the projects work to address housing disparities, while the rest touch on topics surrounding the issues at the core of the $130 billion financial... View full entry
Their obsessive geometrical composition was an attempt to answer the call of Senegal’s first president, the poet Léopold Sédar Senghor, for a national style that he curiously termed “asymmetrical parallelism”.
Senghor never quite defined what this brave new style should look like, but he spoke vaguely of “a diversified repetition of rhythm in time and space”. Forceful, faceted forms and strong, rhythmic geometries became the vogue.
— The Guardian
Dakar is known as a regional hub of modernism, which is equally the product of Senghor’s arts-centered vision and of its past colonial linkage. Wainwright traced the history of post-independence architecture in Senegal from the 1974 International Fair to Abdoulaye Wade’s controversial outsized... View full entry
The results of the 2021 UIA-HYP Cup International Student Competition have been unveiled. In its 10th edition, it is presented by the organizers as the only student architecture competition in mainland China. The contest is hosted by the School of Architecture at Tianjin University and Urban... View full entry
The German University of Technology in Oman (GUtech) along with Danish 3D printer producer COBOD and Mexican cement company Cemex has completed the largest 3D printed building in the world made with real concrete. Located in the Omani capital of Muscat, the 2,100-square-foot structure was... View full entry
The renowned Spanish architect Ricardo Bofill has passed away at the age of 82, as announced by Ricardo Bofill Taller de Arquitectura. Among Bofill’s most acclaimed works were the La Muralla Roja (1973), La Fábrica (1975), and the National Theater of Catalonia (1997). La Muralla Roja by Ricardo... View full entry
Two leading names in the world of public design have been formally recognized as part of this year’s AIA Award for Excellence in Public Architecture. Robert Eisenstat and Paul Mankins are the recipients of the 2022 version of the award, which is meant to honor architects who are engaged in the... View full entry
The opulent Sicilian castle featured in the third installment of The Godfather franchise has just gone on the market. For a cool €6m prospective buyers can expect 22 bedrooms, eight bathrooms, a wine cellar, an artist’s studio, a library, a private chapel and 2.1 acres of parkland. — The Art Newspaper
The fate of the sizable art collection located inside the house remains an important (and much more valuable) question as so far only the in situ works that exist in the house have been confirmed included in the sale. The manse was commissioned as a collector’s de facto private museum by a Baron... View full entry
An update to one of the most significant projects in a spate of recent high-profile Canadian luxury residential developments as Heatherwick Studio has unveiled its upgraded designs for the 1700 Alberni towers complex. The revised proposal follows community feedback taken from Vancouver’s Shape... View full entry
The architecture practice run by Sir Norman Foster almost doubled its profits as it expanded in the Middle East and gained new business despite pandemic lockdowns.
Total revenues fell by £33m to £200m in the year ending 30 April 2021, accounts for Foster + Partners, the practice’s main trading company, show. But profits before tax almost doubled to £36.2m during the year, compared with £19.8m in the previous year.
— The Guardian
New projects included a planned luxury tower development in Greece and a new tourist destination on an artificial island in the Red Sea (although notably, the Tulip Tower did come off the books due to environmental concerns). Foster himself is worth well into the nine-figure range and has... View full entry
In the last 22 months, workers' pandemic-related absences have cost employers more than $78.4 billion — nearly $1 billion each week — according to a Dec. 20 analysis from the Integrated Benefits Institute. — Construction Dive
The Integrated Benefits Institute used data from the U.S. Bureau of Labor Statistics along with its own dataset to analyze disability wage payments, state disability insurance, sick leave wages, and employee benefits for its calculation. The states of California, Texas, New York, along with the... View full entry
MAD Architects, in collaboration with the China Academy of Building Research (CASR), have won an international competition for the design of the Cuntan International Cruise Centre in Chongqing, China. The project will see the transformation of a cargo terminal into a cruise terminal and city... View full entry
The Pratt Institute has named Stephen Slaughter as their new chair of undergraduate architecture. Slaughter, who is currently a visiting associate professor at Pratt’s Graduate Architecture and Urban Design Program, will assume the role on July 1st 2022. In his new position, Slaughter will... View full entry
A major milestone has taken place in the Michael Maltzan Architecture-led effort to replace Los Angeles’ iconic 6th Street Viaduct. Construction Drive is reporting that the falsework has been removed and the first of ten spans successfully installed on the $588 million project that will... View full entry
The heart of one of Canada’s oldest and most notorious educational institutions is about to be renewed thanks to a forthcoming Indigenous center for cultural excellence called Mukqua Waakaa’igan on the campus of Algoma University in Sault Ste. Marie, Ontario. Moriyama & Teshima... View full entry
This post is brought to you by Azure Magazine The 2022 AZ Awards is now accepting entries into its eight major categories, from architecture, landscapes and urban design to interiors, product design and the A+ Award for best student work. It welcomes submissions until February 25 and – as ever... View full entry