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As has been the case a few times already this year, the Architecture Billings Index (ABI) dipped in November. [...] The American Institute of Architects (AIA) reported the November ABI score was 49.3, down from the mark of 53.1 in the previous month. This score reflects a decrease in design services (any score above 50 indicates an increase in billings). The new projects inquiry index was 58.6, up just a nudge from a reading of 58.5 the previous month. — aia.org
Key highlights for the month of November were reported by the AIA as following:Regional averages: South (55.4), West (54.5), Midwest (47.8), Northeast (46.2)Sector index breakdown: multi-family residential (53.8), institutional (52.0), commercial / industrial (51.0), mixed practice (47.6)Project... View full entry
But if L.A. is going to remain a creative capital, its civic and cultural leaders are going to need to do more than offer really great talk about how great we are...This can start with the Otis Report on the Creative Economy...If this report is to be more than just a feel-good data dump, it could use some solid recommendations on how L.A. compares to other cities culturally and how we might improve the situation for artists and cultural organizations, both small and large. — Los Angeles Times
More about arts districts on Archinect:Venice Beach's ongoing grapple with the tech titan invasionDowntown LA's vision of an architecture and design super clusterHow one urban planner is helping revamp a Miami suburb "without gentrification"With a little compromise, illegal urban squats like... View full entry
The Architecture Billings Index (ABI) returned to positive territory after a slight dip in August, and has seen growth in six of the nine months of the year so far. [...] The American Institute of Architects (AIA) reported the September ABI score was 53.7, up from a mark of 49.1 in August. This score reflects an increase in design services (any score above 50 indicates an increase in billings). The new projects inquiry index was 61.0, down from a reading of 61.8 the previous month. — calculatedriskblog.com
The AIA reports the following key ABI highlights for the month of October:Regional averages: South (56.2), West (54.4), Midwest (52.6), Northeast (49.2)Sector index breakdown: commercial / industrial (55.1), mixed practice (54.9), multi-family residential (52.5), institutional (51.4)Project... View full entry
The Architecture Billings Index (ABI) slipped in August after showing mostly healthy business conditions so far this year. [...] The American Institute of Architects (AIA) reported the August ABI score was 49.1, down from a mark of 54.7 in July. This score reflects a slight decrease in design services (any score above 50 indicates an increase in billings). The new projects inquiry index was 61.8, down from a reading of 63.7 the previous month. — aia.org
The AIA states these key ABI highlights for the month of August:Regional averages: Midwest (56.1), South (53.8), West (50.2) Northeast (46.8)Sector index breakdown: institutional (53.7), mixed practice (52.8), commercial / industrial (49.7) multi-family residential (49.5)Project inquiries index... View full entry
The Architecture Billings Index (ABI) is reflecting healthy and sustained demand for design services in nearly all nonresidential project types. [...] (AIA) reported the July ABI score was 54.7, down a point from a mark of 55.7 in June. This score still reflects an increase in design services (any score above 50 indicates an increase in billings). The new projects inquiry index was 63.7, up slightly from a reading of 63.4 the previous month. — aia.org
The AIA summarizes these key ABI highlights for the month of July:Regional averages: Midwest (58.2), South (55.7), West (53.8) Northeast (53.5)Sector index breakdown: institutional (57.3), mixed practice (56.8), commercial / industrial (53.4) multi-family residential (49.8)Project inquiries index... View full entry
As Los Angeles moves closer to bidding for the 2024 Summer Olympics, officials said they can host the massive 17-day sporting event for $4.1 billion and offered to guarantee that the city will cover any cost overruns. [...]
Garcetti and his team have proposed to spend $500 million less than what Boston had planned and expect to finish with a $150-million surplus by generating billions in broadcast and sponsorship revenue.
— latimes.com
Related Olympic news on Archinect:Will Rio's Olympic venues be ready in time for the 2016 Games?Boston backs out of 2024 Olympics bidToronto ventures into sixth bid to host Olympic GamesZaha's Tokyo Olympic Stadium cancelled – Abe calls for a redesign from scratch View full entry
Las Vegas’s recovery, like America’s, seems to have to come to the wealthiest first. [...]
But Sin City’s recovery shows the enduring ability of America to make improbable ideas work. Some 2m people live in a glittering, sprawling city deep in the desert and hardly think that this is strange. And with its mix of tech-obsessed yuppies, ageing baby-boomer gamblers and thrusting Hispanics, its demography resembles America’s future.
— economist.com
Related:Learning from Las Vegas: a look at the Strip through urban planning lensesWill Zappos turn downtown Las Vegas into the next Silicon Valley?70's Vegas underground home on the market for $1.7MSomething is happening in Vegas; but will it convince people to stay? View full entry
Major public cultural institutions in Greece are on the point of collapse, say leading Greek art professionals, as concerns mount that the country faces insolvency after 61% of the population rejected bailout proposals earlier this week made by international creditors. — theartnewspaper.com
Read also: Architecture in crisis: reports from Greece View full entry
Led by growing demand for new schools, hospitals, cultural facilities and municipal buildings, the Architecture Billings Index (ABI) increased in May following its second monthly drop this year. [...] (AIA) reported the May ABI score was 51.9, up from a mark of 48.8 in April. This score reflects an increase in design services (any score above 50 indicates an increase in billings). The new projects inquiry index was 61.5, up from a reading of 60.1 the previous month. — calculatedriskblog.com
The boom in China stock prices that has created more than 100 new billionaires and billionaire families in the past month is continuing this week. [...]
Tu Shanzhong, chairman of Pubang Landscape Architecture, became China’s newest landscape architecture billionaire after shares in his 31%-owned Pubang Landscape Artchitecture closed at a record high of 38.53 yuan [...]. Our estimate of his fortune, at $1 billion on Wednesday, includes discounts for collateralized shares and includes dividends.
— forbes.com
New York and London remain the world’s most global cities, as they are the only cities to rank in the top 10 of both the Global Cities Index and the Global Cities Outlook according to the A.T. Kearney Global Cities 2015 [...]. San Francisco leads the Global Cities Outlook due to its strength in innovation. Other cities ranking at the top of the Global Cities Outlook include London (#2), Boston (#3), New York (#4), and Zurich (#5). — atkearney.com
For lovers of city rankings:Melbourne named world’s most liveable city for fourth consecutive yearForbes Releases Baffling "Coolest Cities" ListFor skeptics: The Top 6 Reasons to Be Wary of City Rankings, Ranked View full entry
Riding a stretch of increasing levels of demand for thirteen out of the last fifteen months, the Architecture Billings Index (ABI) dropped in April for the second month this year. [...] (AIA) reported the April ABI score was 48.8, down sharply from a mark of 51.7 in March. This score reflects a decrease in design services (any score above 50 indicates an increase in billings). The new projects inquiry index was 60.1, up from a reading of 58.2 the previous month. — calculatedriskblog.com
The forest of elevator cores sprouting up around town tells us that we’re living in a once-a-century moment—a sugar rush of development unseen here since our parents’ parents’ time. But the dirty little secret behind Boston’s building boom is that it’s profoundly banal—designed without any imagination, straight out of the box, built to please banks rather than people. — bostonmagazine.com
Economic boom isn't always congruent with good architecture in other cities either:The new 5 over 1 Seattle, where "everything looks the same"Blair Kamin not impressed by Chicago's latest housing developmentsJeff Sheppard calls downtown Denver's new housing developments "meaningless, uninspiring" View full entry
For the second consecutive month, the Architecture Billings Index (ABI) indicated a modest increase in design activity in March. [...] The American Institute of Architects (AIA) reported the March ABI score was 51.7, up from a mark of 50.4 in February. This score reflects an increase in design services (any score above 50 indicates an increase in billings). The new projects inquiry index was 58.2, up from a reading of 56.6 the previous month. — calculatedriskblog.com
A new analysis authored by Todd Litman at the Victoria Transport Policy Institute concludes that sprawl costs the U.S. economy more than $1 trillion every year. [...]
The optimal density Litman uses in the report is only about 23 people per hectare. Add those 2.2 billion people to global cities at a density of about Atlanta, and we'd need the equivalent of all the land in India to accommodate them.
— washingtonpost.com
Previously: The true costs of sprawlHere's a direct link to Todd Litman's study Analysis of Public Policies that Unintentionally Encourage and Subsidize Sprawl. View full entry