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The latest economic report issued by the American Institute of Architects is out today, indicating continued increasing demand for design services for the tenth consecutive month in November. The pace of growth as expressed in the Architecture Billings Index (ABI) softened slightly compared to... View full entry
HOKO Design, a UK-based startup seeking to use technology to transform the role of the architect, has raised $590,000 in a crowdfunding campaign. The company, which describes itself as “the homeowner’s architect,” focuses on integrating virtual reality, real-time client feedback, and a... View full entry
The latest edition of the Dodge Momentum Index indicates a 4% decrease in November from October. Commercial planning fell 8% while institutional planning moved 5% higher. The value of nonresidential building projects continues to move in a sawtooth pattern, in which month-by-month measures... View full entry
The Chartered Institute of Building (CIOB) has invited construction companies around the world to support a new charter committed to improving diversity within the global construction sector. The move comes amid multiple reports finding that female, BIPOC, and young employees are significantly... View full entry
Five years after the tragic passing of its eponymous founder, Zaha Hadid Architects has announced its transition to an employee-owned firm in a surprising move that could have implications for large firms industry-wide. The announcement was made Tuesday via a statement published on ZHA’s... View full entry
Chinese authorities have taken over the Gensler-designed, under-construction Evergrande Guangzhou Football Stadium, commissioned by indebted property developer Evergrande, which was due to become the world’s largest football stadium by capacity, according to Reuters. — Global Construction Review
The Chinese government will either sell or take over the stadium via the state-owned Guangzhou City Construction Investment Group. As reported by Reuters, construction on the stadium has been halted for at least three months, in which Evergrande has been struggling to meet repayments on over $... View full entry
The third edition of AIA’s Small Firm Compensation Report has been released detailing how sole proprietorships and firms with fewer than three architectural staff employees fared during the tumultuous period between 2019 and 2021. The report includes data on compensation trends, employee... View full entry
A new report from the American Institute of Architects has found that business marketing remains underutilized among U.S. architecture firms. The finding forms part of the newly released Technology, Culture, & the Future of the Architectural Firm report, which explores the influence of... View full entry
Demand for architectural design services has grown for the ninth consecutive month, according to the latest economic report released by the American Institute of Architects. The Architecture Billings Index (ABI) for October remained at an elevated, positive score of 54.3, softening only slightly... View full entry
At the end of September, we released the results of our survey of the architectural community’s plans to return to the office after the COVID-19 pandemic. At the time, only 29% of respondents said that their firms required all staff to return to in-studio working, with 15% still required to work... View full entry
Non-residential building projects entering planning stage across the United States are showing strong signs of recovery, according to data from Dodge Construction Network. The latest iteration of the Dodge Momentum Index notes a 10% increase in non-residential building projects in planning through... View full entry
A new study published by Dodge Data & Analytics, in partnership with Autodesk, has concluded that stronger BIM use on architectural projects results in higher client satisfaction. The findings, set out in the free Accelerating Digital Transformation Through BIM SmartMarket Report, offers an... View full entry
Total construction starts across the United States rose 10% during September 2021 versus the previous month, according to new data from Dodge Construction Network. The 10% figure is an amalgamation of residential building starts, nonresidential building starts, and nonbuilding starts, all of which... View full entry
The American Institute of Architects released its latest report this morning, marking the eighth consecutive month of increasing architecture billings as a sign of continued economic recovery for the industry. The Architecture Billings Index (ABI) score for September was 56.6, a one-point... View full entry
Worries about the giant developer’s ability to repay its debt and a total of $300 billion in liabilities have put global investors on edge. Beyond the company itself, there are worries about a potential spillover into the rest of China’s real estate industry or economy. — CNBC
Evegrande missed another round of payments last Monday, setting it back again ahead of Wednesday’s scheduled $47.5 million interest payment. Investors are blindly looking for a government bailout, but financial experts remain uncertain as to its prospects. The company says it plans to go forward... View full entry