Construction firm exec sees growth in office conversion market

Adolfson & Peterson’s Will Pender says the firm is seeing a record demand for projects that transform vacant workspaces into housing.

By Jennifer Goodman • Jan. 23, 2024

Life sciences will be driven by tenant-favorable markets, automation: JLL

Organizations are also set to focus more on implementing sustainable energy alternatives to power their operations, according to a 2024 trends report.

By Joe Burns • Jan. 19, 2024

United Airlines aims to expand Denver facilities; skirts rumors of potential HQ move

United’s bid to establish a new flight simulator building in Denver follows a $33 million purchase of property in the city which sparked rumors of a potential shift in the airline’s base of operations.

By Grace Noto • Jan. 11, 2024

Trends that will define facilities management in 2024: 12 predictions

Net-zero goals, AI-driven automation, predictive maintenance and office right-sizing are some of what industry participants expect in the new year.

By the Facilities Dive Team • Jan. 2, 2024

NFL’s Ravens award Gilbane $430M stadium upgrade project

The Rhode Island builder will oversee substantial additions to the exterior of Baltimore’s M&T Bank Stadium while renovating much of the venue’s interior.

By Matthew Thibault • Dec. 18, 2023

A lack of collaborative space tops list of in-office concerns

As 58% of North American companies are mandating or encouraging more time in the office than they did six months ago, challenges remain, according to a workplace report by VTS.

By Joe Burns • Dec. 15, 2023

NYC removes rooftop zoning restrictions for solar, heat pump and electrification equipment

The "City of Yes" initiative, which takes effect Dec. 11, is expected to help facilitate environmentally friendly retrofits for over 50,000 buildings.

By Joe Burns • Dec. 11, 2023

ABM expands facility management role at LaGuardia Airport’s Terminal B

In its new contract with LaGuardia Gateway Partners, ABM will provide “comprehensive” facility operations and services at the newly renovated terminal.

By Nish Amarnath • Dec. 8, 2023

United’s $2.6B Houston airport expansion plans hit a snag

A $150 million city contribution to the project is on hold due to “city issues” and “a misunderstanding,” according to an airline spokesperson. 

By Nish Amarnath • Dec. 4, 2023

7 airport expansions to watch

From St. Louis to Denver, Houston and Des Moines, Iowa, aviation projects are taking off, boosted by the Infrastructure Investment and Jobs Act.

By Julie Strupp , Matthew Thibault • Nov. 30, 2023

IRS and Treasury propose clean energy investment tax credit updates

The proposed regulations would further define what qualifies as an ITC-eligible energy property and address Inflation Reduction Act-related wage and apprenticeship requirements.

By Joe Burns • Nov. 28, 2023

Renew Energy Partners, EnergyRM will finance up to $200M in CRE energy retrofits

Building owners can receive project capital through EnergyRM’s fintech transaction platform and make repayments through post-retrofit energy savings, Renew says.

By Joe Burns • Nov. 22, 2023

Office-to-residential conversion costs can be 30% lower than new construction: Gensler

Only 25% of the office buildings it assessed for adaptive reuse were deemed suitable for conversion, however, according to the firm’s analysis. 

By Nish Amarnath • Nov. 20, 2023

GSA places 23 properties on the chopping block to “right-size” federal real estate

The U.S. General Services Administration says it plans to reduce its portfolio by 3.5 million square feet and avoid more than $1 billion in costs over the next decade.

By Nish Amarnath • Updated Nov. 10, 2023

JLL turns Virginia office park buildings into education hub

The real estate services firm partnered with Fairfax County Public Schools to navigate challenges of space expansion and budget constraints. 

By Nish Amarnath • Nov. 7, 2023

Higher prices for hard services contracts expected to linger: CBRE

Competition for labor will keep electric, plumbing and HVAC service contract costs elevated compared with those for soft services, the report states.    

By Joe Burns • Oct. 31, 2023

White House advances office-to-residential conversions with new resources

Multiple federal agencies launched new guidance, financing and technical assistance to address a 30-year high in office vacancies.

By Ysabelle Kempe • Oct. 30, 2023

JLL, Schneider, Lumen Technologies partner on modular data center rollouts

With modular designs and the partners' expertise, the group aims to meet the burgeoning demand for data centers quicker and at a lower cost.

By Joe Burns • Oct. 26, 2023

Fed warns of stability risk from $24T commercial real estate market

Prices for commercial properties slumped 3.9% from the second quarter of last year to Q2 2023, well below the 3.3% average annual growth beginning in 1997.

By Jim Tyson • Oct. 25, 2023

Rhizome launches climate resilience planning technology

The startup says its platform draws on national lab research, building information and machine learning tools to place “a value of resilience” on proposed grid investments.

By Joe Burns • Oct. 24, 2023

Microsoft leans on PPAs, energy efficiency, water recycling in environmental efforts

“Ensuring our buildings are energy efficient is a key first step in reducing emissions,” the tech giant said in its 2022 Environmental Report.

By Joe Burns • Oct. 23, 2023

How facilities managers can transition away from fossil fuels

Building decarbonization is a marathon, not a sprint, and requires forward planning starting now, says Dan Arant, manager of North America sales at the energy and ESG division of Brightly.

By Nish Amarnath • Oct. 19, 2023

DOE announces ‘largest-ever investment in America’s grid,’ giving $3.5B across 44 states

The funding is expected to increase grid resiliency, increase the supply of clean energy and lower energy costs.

By Robert Walton • Oct. 19, 2023

Utility, charging company battle over EV fast chargers slows deployment amid massive needs

State and federal policies are driving utilities and EV charger providers to transform U.S. transportation. They have found common ground in some areas but cannot agree on the utility role in fast-charging deployment.

By Herman K. Trabish • Oct. 18, 2023

NineDot Energy signs Starbucks as anchor customer for NYC community battery storage

The batteries are part of New York's Value of Distributed Energy Resources program, which gives participants credits for discharging energy during times of high grid demand.

By Robert Walton • Oct. 18, 2023