Three economists with an understanding of the industry say that construction has finally hit bottom across the board (retail, housing, office) and is poised to come back with double-digit growth in 2011.
Jeffrey Spivak gets the story for Urban Land Magazine, from a presentation by economists Kermit Baker, Kent Simonson, and Jim Haughey, all from Reed Construction Data. They report that 2011: "will be a growth year in single-family and multifamily housing, plus retail and hospital/laboratory commercial buildings, before construction spending takes off virtually across the board in 2012."
Haughey says that the economic climate is good, but developers have yet to act on the potential.
FULL STORY: 2011 Construction Outlook
Why Housing Costs More to Build in California Than in Texas
Hard costs like labor and materials combined with ‘soft’ costs such as permitting make building in the San Francisco Bay Area almost three times as costly as in Texas cities.
EPA Terminates $116 Million in Grants for Reducing Emissions from Construction Materials
C-MORE grants were earmarked for industry trade groups and universities.
How Might Tariffs and Deportations Affect Affordable Housing Development?
Many affordable housing developers worry Trump’s proposed taxes on imports and crackdown on immigration will be detrimental to the industry. Others hope deregulation reduces development costs enough to offset those effects. What’s the most likely outcome?
Alabama: Trump Terminates Settlements for Black Communities Harmed By Raw Sewage
Trump deemed the landmark civil rights agreement “illegal DEI and environmental justice policy.”
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
How Atlanta Built 7,000 Housing Units in 3 Years
The city’s comprehensive, neighborhood-focused housing strategy focuses on identifying properties and land that can be repurposed for housing and encouraging development in underserved neighborhoods.
In Both Crashes and Crime, Public Transportation is Far Safer than Driving
Contrary to popular assumptions, public transportation has far lower crash and crime rates than automobile travel. For safer communities, improve and encourage transit travel.
Report: Zoning Reforms Should Complement Nashville’s Ambitious Transit Plan
Without reform, restrictive zoning codes will limit the impact of the city’s planned transit expansion and could exclude some of the residents who depend on transit the most.
Judge Orders Release of Frozen IRA, IIJA Funding
The decision is a victory for environmental groups who charged that freezing funds for critical infrastructure and disaster response programs caused “real and irreparable harm” to communities.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
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Institute for Housing and Urban Development Studies (IHS)
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Harvard GSD Executive Education
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NYU Wagner Graduate School of Public Service