Touted as the city’s finest undeveloped piece of land, the 157-acre property redefined the luxury market when it listed for a record $1 billion last year. On Tuesday, it sold for a mere $100,000 at a foreclosure auction, a fraction of the $200-million loan outstanding on the property. — The Los Angeles Times
The Los Angeles Times digs into the creative financial maneuvering that resulted in the strangely low final purchase price for a 157-acre hilltop site recently billed as the most expensive property in Los Angeles history. View full entry
Demand for design services in July remained essentially flat in comparison to the previous month, according to a new report released today from The American Institute of Architects (AIA).
AIA’s Architecture Billings Index (ABI) score of 50.1 in July showed a small increase in design services since June, which was a score of 49.1.
— AIA
"The data is not the same as what we saw leading up to the last economic downturn, but the continued slowing across the board will undoubtedly impact architecture firms and the broader construction industry in the coming months," said AIA Chief Economist Kermit Baker, PhD, Hon. AIA. "A growing... View full entry
Creating a dynamic team involves collecting a group of individuals who are experts in helping an architectural firm thrive. With this in mind, the administrative and business aspects of architecture are key to the success of any firm. Trained to excel in strategic thinking and business growth... View full entry
The No. 1 business issue for home builders, remodelers, and land developers continues to be access to skilled labor. According to NAHB analysis of Bureau of Labor Statistics (BLS) data, as of April of this year there were 404,000 open construction sector positions. Not only is this level of unfilled jobs in the construction industry at a post–Great Recession high, the current estimate is the highest ever reading for this data series, which runs back two decades. — Builder
According to Builder, "the intensity of the labor shortage among builders grew more intense during 2018 and 2019." The challenges of this shortage on the construction industry bring higher costs, delays, and lower output on projects. Economist, Robert Dietz, Ph.D. suggests that, "Wage growth... View full entry
Designed by Brooks + Scarpa, the redevelopment would entail the renovation of site’s northern building and demolition of the southern building. That would make room for a new 15-story building with 323 residential units—32 of them reserved for moderate-income families—plus about 64,000 square feet of office space, 64,000 square feet of wholesale space, and roughly 10,000 square feet of event space. — Curbed LA
The city planning commission is now backing the planned redevelopment of the Southern California Flower Market in Downtown Los Angeles. "The materials and colors of the structures are intended to mimic the bright colors of flowers," Curbed reports. View full entry
Danish practice Henning Larsen was recently named as the 2019 recipient of the European Prize for Architecture, which is regarded as one of Europe's most prestigious architecture accolades. Awarded to the likes of Alessandro Mendini, Santiago Calatrava, Manuelle Gautrand, and Bjarke... View full entry
In the height of daytime, the sky suddenly blackened, and day became night in Sao Paulo.
Sure, smog is bad in the Western Hemisphere’s largest city, where traffic jams can stretch for dozens of miles. But not this bad. What was going on? Was the end near?
— The Washington Post
A combination of meteorological events paired with smoke that had traveled hundreds of miles from intense forest fires in remote parts of the Amazon caused a period of sudden midday darkness in the most populous city in the Western Hemisphere on Monday, reports The Washington Post. Meanwhile on... View full entry
If you're an intermediate-level architect or designer with 5+ years of experience and you're on the lookout for a new job, why not start your search with these latest listings from last week's Employer of the Day featured firms. Specializing in residential projects, Turkel Design in Boston is... View full entry
The International Council of Museums (ICOM) will vote on a new definition of museums in September. The proposed change includes language about “social justice, global equality and planetary wellbeing.” Critics say the text is too political for most museums to employ. — Hyperallergic
After almost 50 years of consensus, the definition of the museum as "a nonprofit institution” that “acquires, conserves, researches, communicates, and exhibits the tangible and intangible heritage of humanity and its environment for the purposes of education, study, and enjoyment," is being... View full entry
Former planning director Michael LoGrande recently admitted to violating city ethics laws by lobbying planning department officials just months after leaving his job running the agency. — The Los Angeles Times
This week, the City of Los Angeles Ethics Commission voted to fine former Los Angeles City Planning director Michael LoGrande $281,250 for violating the city’s “revolving door” rules. The fine is the largest single penalty ever levied against a current or former city employee, according... View full entry
Topped by a glass pyramidal tower that infuses the interior with natural light, the Beth Sholom Synagogue in Elkins Park, Pennsylvania ranks as one of Frank Lloyd Wright’s most striking architectural creations. Still, the preservation foundation that tends to the welfare of the 1959 synagogue is eager to raise its profile and reposition it as a cultural resource. — The Art Newspaper
An immersive installation blending various artistic disciplines is set to open on September 11 inside Frank Lloyd Wright's iconic mid-century Beth Sholom Synagogue in Elkins Park, PA. The Art Newspaper reports that the foundation tasked with the preservation of the building has "invited the artist... View full entry
The Transamerica Pyramid, San Francisco’s second-tallest building and an icon of the city’s financial might for four decades, is being marketed for sale for the first time.
“Right now, San Francisco has a very robust office real estate market,” Jay Orlandi, chief administrative officer at Transamerica, said in a statement. “We are exploring options for a possible 100% interest sale of the property, with Transamerica retaining naming and branding rights.”
— The San Francisco Chronicle
The 853-foot, William Pereira-designed pyramidal skyscraper reigned as San Francisco’s tallest tower for more than 30 years before it was dethroned by the Pelli Clarke Pelli Architects-designed Salesforce Tower in 2018. Built in 1972, the Brutalist-style Transamerica building features a... View full entry
The Board of Harbor Commissioners of Long Beach, California, awarded a $38.7 million, five-year engineering design services contract to architectural, engineering and consulting firm HDR to perform the final design for the $870 million Pier B On-Dock Rail Support Facility Program at the Port of Long Beach. The project will help streamline rail operations and reduce congestion at the port, which has the second-highest volume of container traffic in the U.S. — Construction Dive
The law has created a new agency with vast and wide-ranging powers to be in charge of coordinating and managing the entire operation. It will also receive all the funds raised by national and international subscriptions; manage all work to the immediate surroundings of the cathedral; establish training programmes for the restorers; [and] implement information programmes to educate the public about the conservation process. — The Art Newspaper
More details regarding the laws and governing structure that will oversee the reconstruction of the Norte Dame Cathedral in Paris have come to light. According to The Art Newspaper, French president Emmanuel Macron will be the sole official in charge of the rebuilding. Macron, according to... View full entry
Architecture's collaborative nature means that leaders, more than ever, need to understand how to guide their teams. We've all had that supervisor or project manager who asks us to do something, only to leave us feeling confused and unsure of what needs to be accomplished. When we finish the task... View full entry
