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It's not too late to participate in our recently launched survey on the community’s perception of the current business conditions in architecture. The deadline to submit your anonymous responses is in 1 week. We will analyze your valuable insights and publish the findings on Archinect in the... View full entry
In case you missed it, we recently launched a survey to check in on the community’s feelings about the current business conditions in architecture. If you haven’t had a chance to fill it out yet, we’d love to hear from you! Your insights are invaluable in helping us gauge the current state... View full entry
Google has scrapped a $15 billion development deal that would have benefitted California’s Silicon Valley with new modern office parks, affordable housing, and mixed-use districts, according to reports published by CNN and Reuters late Friday. The deals struck with Australian multinational... View full entry
A new report from Moody’s Analytics is further dampening CRE prospects for the near future after declaring all office structures built before 1980 to be “obsolete” in terms of their abilities to lure back tenants in the face of an ongoing national downtown decline. Speaking... View full entry
The fallout from the recent failure of the Silicon Valley Bank (SVB) is having wide-reaching effects across the country. Take Boston, for example, where advocates for multiple in-progress affordable housing developments are concerned about their future following the bank's collapse. The... View full entry
The latest data from the American Institute of Architects (AIA) has shown a decline for the industry in February, bolstering a downward economic swing that has lasted through the new year as the prospect of a recession grows ever closer. The Architecture Billings Index (ABI) for the month was at... View full entry
An increase in the overall demand for design services has been recorded for the 19th consecutive month, according to statistics contained in the August Architecture Billings Index (ABI) published this week by the American Institute of Architects (AIA). The ABI score is now up to 53.3, representing... View full entry
The Dodge Momentum Index hit a 14-year high in June and recorded another 2.9% increase in July. The index now stands at 178.7, up from June’s figure of 173.6. “Commercial planning in July was led by an increase in data center, office and warehouse projects, while fewer education and... View full entry
Following the sudden, dramatic price spikes on an array of building materials in 2021, the Associated General Contractors of America has appealed to President Joe Biden to take action to ease the skyrocketing cost of lumber. — Construction Dive
According to Construction Dive, "AGC CEO Stephen Sandherr asked Biden to urge domestic lumber producers to ramp up production to address growing shortages, as well as to make the crafting of a new softwood lumber agreement with Canada a top priority of his administration." View full entry
We don’t draft designs in a void and cities don’t spring straight from our imaginations. Architecture is itself a designed object, circumscribed and delimited by the social, political, and economic conditions of the era. But, likewise, these conditions aren’t exactly natural—they’re... View full entry
At a time when pundits and political scientists were celebrating the end of history, pointing to an emerging Democratic majority and extolling the virtues of a flat world of globalization, she ominously predicted a coming age of urban crisis, mass amnesia, and populist backlash in her final work, Dark Age Ahead. Eerily prescient as always, rereading the 2005 book today serves as a survivors’ guide to the Age of Trump. — citylab.com
"Jacobs outlines an increasing distrust of politicians and politics, a burgeoning new urban crisis in cities, worsening environmental degradation, entrenched segregation, and an “enlarging gulf between rich and poor along with attrition of the middle class” as signals and symptoms of a coming... View full entry
WHAT are the most dysfunctional parts of the global financial system? China’s banking industry, you might say, with its great wall of bad debts and state-sponsored cronyism. Or the euro zone’s taped-together single currency, which stretches across 19 different countries, each with its own debts and frail financial firms. Both are worrying. But if sheer size is your yardstick, nothing beats America’s housing market. — the Economist
It is the world’s largest asset class, worth $26 trillion, more than America’s stockmarket. The slab of mortgage debt lurking beneath it is the planet’s biggest concentration of financial risk. For more on the state of the US housing market, check out these links:What these... View full entry
Prime Minister Theresa May recently announced that the newly-formed government will delay making any decisions about building a major nuclear power plant—the first in a generation—until the fall.Economists reacted with alarm to the announcement, according to Bloomberg, since the deferral... View full entry
According to a report from Reuters, construction spending fell in American for the second month in a row, following a steep 2% drop in April. April's drop was the largest since January 2011. The US Commerce Department states that May construction spending dropped 0.8%. The drop indicates that... View full entry
Cities are mankind’s most enduring and stable mode of social organization, outlasting all empires and nations over which they have presided...it is not population or territorial size that drives world-city status, but economic weight, proximity to zones of growth, political stability, and attractiveness for foreign capital. In other words, connectivity matters more than size. Cities thus deserve more nuanced treatment on our maps than simply as homogeneous black dots. — Quartz
Global strategist Parag Khanna gives his outlook on the economic future of the world's megacities.More on Archinect:Connectivity, not territory: why we need to make a new map for the USHow neoliberalism is changing us (for the worse)These are the most economically distressed cities in the United... View full entry
