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A new report from the Dodge Construction Network indicates the continued rebound of the building industry in 12 of America’s 20 largest metropolitan areas during the first two quarters of 2022, propelled by new starts in the commercial and multifamily residential sectors. A survey at the... View full entry
The U.S. Energy Information Administration’s (EIA) 2018 Commercial Buildings Energy Consumption Survey (CBECS) data is now available. The CBECS is a national sample survey that collects information on the stock of U.S. commercial buildings, including their energy-related building... View full entry
As more people order food to eat at home, and as delivery becomes faster and more convenient, the apps are changing the very essence of what it means to operate a restaurant.
No longer must restaurateurs rent space for a dining room. All they need is a kitchen — or even just part of one.
— The New York Times
Food delivery apps like Uber Eats, DoorDash, and Grubhub are reshaping the $863 billion restaurant industry in the United States, according to The New York Times, as delivery-only "virtual restaurants" take off. The New York Times reports that over 4,000 virtual restaurants and "ghost... View full entry
The hypothetical Retail Apocalypse should be supported by a decline in the total retail establishments, but that's not the case. The Bureau of Labor Statistics (BLS) reported 1,044,509 establishments for 2018, for a net gain of 2,413 establishments over 2017 (1,042,096). The 2018 figure also represents a net gain of more than 20,800 establishments since a retail trough in 2011, a low point resulting from the Great Recession. — Congress for the New Urbanism
Sharon Woods, CEO of real estate consultant group LandUseUSA, writes in Public Square, a journal produced by the Congress for the New Urbanism (CNU) presents an opposing, data-driven view of the future of America's retail landscape. Woods writes, "The future for brick-and-mortar retail... View full entry
Commercial-property prices in major cities around the world tumbled in the second quarter, amid signs of slower global growth and heightened trade tension between China and the U.S.
Average property prices fell in the second quarter from the first quarter in Hong Kong and Seoul to London and Washington, D.C., according to data from Real Capital Analytics.
— The Wall Street Journal
The Wall Street Journal reports that Melbourne, central Sydney, Seoul, Singapore, Paris, London, Chicago, and Washington, D.C. all saw a retreat in commercial real estate property values during the second quarter of 2019. The trend applies to struggling sectors like office buildings and malls. View full entry
The Department of City Planning studied commercial corridors in 24 neighborhoods across the five boroughs and concluded that while shuttered storefronts plague some of the city's richest and poorest areas, the phenomenon is far from a pandemic.
"There is no single dominant trend in retail in New York City," the survey asserts. "Data did not indicate a pervasive vacancy problem across the city, but did identify a number of high-vacancy corridors."
— Crain's New York
Her newly resurrected 114-year-old Purse Building features a floor-to ceiling mural of the late Jacobs, an urbanist activist and author of The Death and Life of Great American Cities, superimposed on a downtown street grid. Above Jacobs’ striking bespectacled image, her mantra “New ideas need old buildings” blazes in neon lights. — Dallas Morning News
The Dallas Morning News profiles Tanya Ragan, a Dallas-based real estate developer who is taking on commercial real estate's "boys club" mentality with a Jane Jacobs-inspired approach. Ragan's Wildcat Management is behind a series of new and forthcoming projects, including the... View full entry
A growing household name within the profession and in academia, Jennifer Bonner's whimsical and highly technical design approach has enabled her to create and re-work traditional design methods. Her creative practice, MALL, is a compilation of playful approaches to "ordinary architecture." The... View full entry
