Development: Page 4
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Hapabapa via Getty Images
High-performing submarkets show location and quality are key in life sciences
Ongoing movement to top-tier facilities in core markets is underscoring the need for lab operators to improve space and add attractive amenities, according to JLL.
By Joe Burns • June 13, 2024 -
FangXiaNuo via Getty Images
Sustainability upgrade value could offset office fit-out costs as price increases slow
Green energy solutions and low-carbon materials could offer long-term returns on investment, according to fit-out guides by CBRE, Cushman & Wakefield and JLL.
By Joe Burns • Updated June 12, 2024 -
Justin Sullivan/Getty Images via Getty Images
5 US cities prime for office-to-residential conversions
Many office buildings have layouts that are difficult to turn into housing, but the pipeline of conversions remains strong, according to an Urban Institute analysis.
By Ysabelle Kempe • June 6, 2024 -
Ameresco starts $33M energy efficiency overhaul at US National Archives
The modernization project aims to generate $2 million in annual savings and cut fossil fuel use by 72% in the federal agency’s two locations, the company says.
By Nish Amarnath • June 4, 2024 -
Retrieved from Massachusetts Port Authority on May 24, 2024
Boston Logan installs building management system, lifting airport modernization project
JM Electrical, the Boston-based contractor that installed the system, says the centralized control will monitor HVAC, lighting and plumbing systems to optimize energy use and boost operational efficiency.
By Nish Amarnath • May 24, 2024 -
Onurdongel via Getty Images
CBRE selects EV+ to install chargers at 10K commercial properties
As chargers gain value as amenities for tenants or employees, the firm is working to partner with more EV infrastructure providers, a CBRE executive says.
By Joe Burns • May 20, 2024 -
Gorodenkoff via Getty Images
Lab space supply-demand balance likely in coming years, JLL says
Boston, San Diego and the San Francisco Bay Area saw the most demand growth in the first quarter of 2024, the report states.
By Joe Burns • May 15, 2024 -
SeventyFour via Getty Images
Industrial markets primed for lower vacancy rates, higher competition for space: JLL
A slowdown in construction and expected demand from midsize operators and manufacturers could create supply shortages and reignite rental rate growth, according to its Q1 industrial outlook.
By Joe Burns • May 10, 2024 -
Courtesy of Meta
Data centers boom again, boost construction planning
However, traditional office and hotel projects continued to face slower momentum last month, according to the Dodge Construction Network.
By Sebastian Obando • May 9, 2024 -
Henderson, Jim. (20 May 2009). "The Rodino Federal Building" [Photograph]. Retrieved from Wikimedia Commons.
GSA allocates $23.8M for federal facility upgrades across 10 states
Funds from the Inflation Reduction Act will support 13 projects, including stormwater management, heat island mitigation and site sustainability, the U.S. General Services Administration says.
By Nish Amarnath • April 16, 2024 -
miodrag ignjatovic via Getty Images
House bill aims to turn government facilities into affordable housing
The U.S. General Services Administration, along with two other federal agencies, would be required to report to Congress on unused or underutilized federal properties suitable for residential conversion.
By Nish Amarnath • April 15, 2024 -
Hal Bergman via Getty Images
Suburban office markets show better rent growth, lower vacancy rates than urban ones: Moody’s
Top-performing properties had less access to local amenities, Moody’s analysis found, challenging the common belief that high-performing properties must be in growing parts of metropolitan areas.
By Joe Burns • April 12, 2024 -
Courtesy of KPF
KPF designs NYC’s first all-electric academic research lab building at Columbia University
The building will exceed New York City’s Local Law 97 greenhouse gas emissions requirements, despite increased ventilation requirements, the architecture firm says.
By Joe Burns • April 5, 2024 -
Permission granted by PCL
Tight timelines, future-proofing key to stadium upgrades
A sizable portion of stadium renovation work scheduled for the offseason often extends into the season “with necessary prep and cleanup,” an industry exec says.
By Zachary Phillips • April 5, 2024 -
Permission granted by Sares Regis Group
Lamar Johnson Collaborative launches adaptive reuse scorecard for quick building viability analysis
The methodology aims to assist real estate developers in evaluating vacant office and commercial buildings for conversion to hotels and residences, the firm says.
By Nish Amarnath • March 26, 2024 -
Jaimie Tuchman via Getty Images
DC’s downtown revival plan, from office conversions to ‘neighborhood safety centers’
The plan, released by Washington, D.C., Mayor Bowser, calls for a simplified process to convert office space into housing and seeks to improve parks, streetscapes and open spaces.
By Danielle McLean • March 25, 2024 -
Xiaoke Chen via Getty Images
DOE offers $425M to decarbonize manufacturing in energy communities
The grants are designed to reduce manufacturing emissions at small and medium-sized plants in communities with economies that relied on the fossil fuels industry.
By Joe Burns • March 19, 2024 -
Courtesy of Lineage Logistics
3 warehouse real estate markets to watch in 2024
A wave of construction completions could help tenants secure more favorable deals at logistics hot spots near major ports and the U.S.-Mexico border.
By Max Garland • March 19, 2024 -
Permission granted by Schneider Electric
To meet data center demand, Schneider Electric plans manufacturing expansion
The $85 million investment in two Tennessee facilities will start having an impact this year, the company said.
By Joe Burns • March 18, 2024 -
Justin Sullivan/Getty Images via Getty Images
Oracle unveils $10B data center expansion plan
The computer tech giant said just one of its planned facilities could accommodate about eight Boeing 747 airplanes lined up nose to tail.
By Sebastian Obando • March 13, 2024 -
Courtesy of Riverside Investment & Development
5 of the largest office conversions underway across the US
The number of old office units slated for conversion to apartments has more than quadrupled to 55,300 since 2021, a report from RentCafe finds.
By Mary Salmonsen • Feb. 23, 2024 -
Idaho’s $2B school infrastructure bill gains momentum, heads to House floor
The new bill would create a School Modernization Facilities Fund that school districts can tap into for their construction, renovation and maintenance needs.
By Nish Amarnath • Feb. 22, 2024 -
Stock Photo via Getty Images
The average school building is nearly a half-century old
Only 39% of schools surveyed by the National Center for Education Statistics reported having an indoor air quality coordinator.
By Anna Merod • Feb. 15, 2024 -
Courtesy of CNW Group/CPKC
5 stadium projects set to cross the goal line in 2024
Major league sports projects that prioritize design, large screen installations, seating comfort and easier concourse navigation are set to open this year.
By Zachary Phillips • Feb. 12, 2024 -
arinahabich via Getty Images
Airport power demand could nearly double by 2030, case study suggests
Airports, utilities, regulators, technology providers and industry partners must collaborate to make infrastructure investments now, the study says.
By Nish Amarnath • Feb. 6, 2024
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