Construction of the PGA of America headquarters building in Frisco has commenced. The companys new 106,622-sf headquarters sits on a 6.2 acres piece of land within the 660-acre PGA Frisco campus. Adolfson & Peterson Construction (AP), a leading national construction management company and general contractor, and Cushman & Wakefield and Page have been contracted to construct the new headquarters.

With the construction of the new building, the campus will now have a 500-room Omni Resort, two new championship golf courses, and a golf entertainment district. PGA says the building is part of its mission to integrate state of state-of-the-art education facilities and world-class workplace.

The four-story PGA of America headquarters building is mainly covered in glass and limestone and will accommodate around 150 employees. The new structure will comprise of outdoor terrace lounge space overlooking the golf course and driving range, a top-floor conference room, and three floors of office space.

In addition, the new building will have a space for golf education as well as indoor training equipment like a putting green, a chipping area, driving range simulators with three bays that open into the actual driving range. The building will also have a trophy gallery adjacent to the video studio.

The ground floor will be dedicated to PGA members, staff, and guests and will also serve as a center for future golf. It will be fitted with an education center and a video studio. In addition, the lobby has will also be designed with elegant wood, curved to resemble the contours of a golf course. The lobby also has an open social stair and is covered in terrazzo flooring.

The PGA of America headquarters will be complete with a garden planted with native plants to give a natural feel to visitors. Page designed the new headquarters whose construction is expected to be complete in the first quarter of 2022.

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Construction of PGA of America headquarters building begins in Frisco - Construction Review

DUBLIN--(BUSINESS WIRE)--The "Greece Construction Industry Databook Series - Market Size & Forecast (2015 - 2024) by Value and Volume (area and units) across 40+ Market Segments, Opportunities in Top 10 Cities, and Risk Assessment - COVID-19 Update Q2 2020" report has been added to ResearchAndMarkets.com's offering.

The construction industry in Greece has been severely impacted by the Covid-19 outbreak. The pandemic is expected to impact the growth across key sectors over the short to medium term and recovery is expected to be slow. Residential and commercial construction sectors are going to be worst affected though infrastructure construction sector is expected to maintain growth momentum, supported by public spending.

The construction industry in Greece is expected to record a CAGR of 6.1% to reach EUR 22.8 billion by 2024. The residential construction industry in value terms increased at a CAGR of 5.0% during 2015-2019. The commercial building construction market in value terms is expected to record a CAGR of 6.1% over the forecast period. The infrastructure construction was estimated to be EUR 5.5 billion in 2019, posting a CAGR of 3.5% during review period.

This report provides a data and trend analyses on the construction industry in Greece, with over 100 KPIs. This is a data-centric report and it provides trend analyses with over 140+ charts and 110+ tables. It details market size & forecast, emerging trends, market opportunities, and investment risks in over 40 segments in residential, commercial, industrial, institutional, and infrastructure construction sectors.

It provides a comprehensive understanding of construction industry sectors in both value and volume (both by activity and units) terms. The report focuses on combining industry dynamics with macro-economic scenario and changing consumer behavior to offer a 360-degree view of the opportunities and risks.

In addition to country level analysis, this report offers a detailed market opportunity assessment across key cities, helping clients assess key regions to target within the city.

This report provides market size and forecast across 40+ construction segments for a period of 10 years from 2015-2024 in Greece.

KPIs covered include the following:

Key Topics Covered:

1 About this Report

2 Greece Construction Industry Dynamics and Growth Prospects

3 Greece Residential Construction Industry Market Size and Forecast

4 Analysis by Residential Construction Markets Outlook by Construction type

5 Analysis by Residential Construction Markets Outlook by Key Cities

6 Analysis by Residential Construction Markets Outlook by Price Point

7 Residential Building Construction Growth Trend Analysis by Development Stage

8 Greece Commercial Construction Industry Market Size and Forecast

9 Office Building Construction Outlook

10 Retail Building Construction Outlook

11 Hospitality and Luxury Building Construction Outlook

12 Restaurant Building Construction Outlook

13 Sports Facility Building Construction Outlook

14 Entertainment Building Construction Outlook

15 Commercial Building Construction Growth Trend Analysis by Development Stage

16 Greece Industrial Construction Industry Market Size and Forecast

17 Outlook and Growth Dynamics by Industrial Building Construction Sectors

18 Industrial Building Construction Growth Trend Analysis by Development Stage

19 Greece Institutional Construction Industry Market Size and Forecast

20 Outlook and Growth Dynamics by Institutional Building Construction Sectors

21 Institutional Building Construction Growth Trend Analysis by Development Stage

22 Greece Building Construction Analysis by Key Cities

23 Greece Utility System Infrastructure Construction Industry Market Size and Forecast

24 Greece Transport Infrastructure Construction Industry Market Size and Forecast

25 Greece Marine and Inland Water Infrastructure Construction Industry Market Size and Forecast

26 Infrastructure Construction Growth Trend Analysis by Development Stage

Companies Mentioned

For more information about this report visit https://www.researchandmarkets.com/r/aqqsk

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ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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Greece Construction Industry Market Size & Forecast to 2024 Across 40+ Market Segments with COVID-19 Industry Impacts Analysis -...

Chase Center, home to the Golden State Warriors professional basketball team, exemplifies the centrality of technology, sustainability, community involvement, and building team coordination in the design, engineering, and construction of a modern-day sports venue.

The centerpiece of this 2-million-sf complex, located on 11 acres in San Franciscos Mission Bay district, is an arena with a flexible seating bowl that can accommodate 18,000 Warriors fans or scale down to a 5,000-seat theater. The complex also includes two office buildings, publicly accessible plazas, a broadcast studio, over 20 retail locations, and a 925-slot below-grade parking structure. The complex is programmed to host over 200 entertainment events per year. A hotel is under construction on the arenas north side.

This project required 18 months of preconstruction planning, and more than 100 community meetings. Its construction posed logistical challenges, as the site was hemmed in by the San Francisco Bay to the east, UCSF Medical Centers academic housing to the west, and active construction sites to the north and south. Some 300,000 cubic yards of soil were excavated from the site, and because the site sits so close to Bay, the Building Team held back groundwater intrusion with the installation of H-pile and CDSM cutoff walls, and 1,700 tiebacks.

The construction of the buildings four structural cores was sequenced. The Building Team used a 4D Synchro model that transformed the projects 36,000-activity P6 schedule into a visual tool that provided a platform to develop, test, and resolve schedule outcomes throughout the lifecycle of the construction process.

Mortenson Clark, the joint venture construction manager on this project, deployed a 4D Synchro model that transformed the 36,000-activity schedule into a visual tool that helped the Building Team communicate its intentions with stakeholders.

Model coordination meetings involved more than 40 people, and the projects 31-month schedule was guided by a 200-page playbook that detailed every facet of construction. The Building Team also leveraged Virtual Reality to conduct virtual walkthroughs to identify any discrepancies between design coordination and the clients expectations.

(This project earned a Bentley Systems YII 2019 Award for Advancements in 4D Construction Modeling, and an Autodesk 2019 AEC Excellence Award.)

One of the signature features of Chase Center is its rainscreen enclosure, a massive puzzle of 5,500 aluminum panels that encircle the arena in 14 drumsindividual bands that ring the venue at different planes. These 3x8-ft panels are affixed to 950 24x8-ft mega panels that are secured to a secondary steel framework.

The Building Team harnessed advanced modeling tools, including Rhino and Catia, to improve constructability, coordination, and ensure each panel was precisely designed, fabricated, and installed. (The panels tolerances were only one-eighth of an inch.)

Offsite prefabrication of the mega panels allowed for greater quality control and speedier installation.

The Building Team and client went to great lengths to ensure worker safety on what was a long and complicated construction effort. Some 9,800 workers from 260 firms put in 5.3 million hours on this project, including the 1,500 workers on site during peak construction periods.

Chase Centers faade consists of a rainscreen enclosure of 5,500 aluminum panels whose installation allowed for only 1/8-inch tolerance.

The project entailed five crane towers, two crawler cranes, and dozens of boom lifts. Concrete subcontractors placed as much as 3,000 cubic yards per week, and ironworkers set 17,000 tons of steel over nine months.

All told, Chase Center put in place nearly $600 million in work per year of construction, and its recordable accident incident rate of 0.53 was six times lower than the industrys average.

To help track its safety performance, the team relied on a Safety Dashboard that focused on safety observations from the prior day, near misses, violations, and outstanding pre-task plans and worker headcounts. There were 700-plus daily Plan of the Day meetings between project field leads and foremen.

Mortenson|Clark and our partners worked together to build a culture on site that fostered productivity and collaboration, recalls Trevor DeLong, the joint ventures senior superintendent. It was an extraordinary team effort.

This complex is expected to contribute significantly to San Franciscos economy. The Building Team worked in close partnership with the Warriors and representatives with San Franciscos Office of Economic and Workforce Development and Bay Area labor unions. The team made a point to ensure that local entities played a meaningful role in the building process. To that end, $245 million in construction contracts for Chase Center were awarded to small businesses.

Additionally, the Building Team secured 574 San Francisco resident job placements.

The Building Team also helped 77 San Franciscans begin new construction careers through Chase Center Training Program; this was the first public-private partnership for the areas construction sector workforce training agency. Forty eight graduates of that program were placed in job opportunities on the arena project.

The real measure of success is the lasting positive impact we have on our communities, and we couldnt be more proud of the outcome and legacy we are leaving behind, says Viki Bamba Chennault, Community Affairs Director for Clark Construction Group.

Nearly 10,000 men and women worked on this project overall. Yet, its 0.53 incident rate was six times lower than the industrys average.

Chase Centers Building Team also looked to advance the clients sustainability goals. For example, repurposing waste was a top priority. The team recycled 87% of the projects construction waste locally, diverting it from landfills. To protect migratory fowl, the team installed fritted glass in the upper locations of the arena. It also installed noise, crack, and vibration monitoring systems to scrutinize the impact of the construction on the surrounding built environment, as well as dust monitoring and controls for air quality during construction.

The building itself features premium finishes, luxury suites whose leases start at $1.5 million, area clubs, a scalable rigging system, and cutting-edge audio-visual technology that is highlighted by a 10,000-sf center-court scoreboard that amasses of more than 25 million LED lights.

The Warriors organizationwhich funded this project privatelyhas $2 billion under contract from the sale of tickets, suites and corporate sponsorships from a cluster of founding partners such as tech giants Adobe, Oracle, Google Cloud, Accenture. JPMorgan Chase alone shelled out a reported $300 million to snag the naming rights to the stadium for 20 years. Essential revenue is also being generated by the office towers whose primary tenant is Uber.

Submitting firm: Clark Construction GroupGC/CM: Mortenson|Clark, a Joint VentureOwner/developer: Golden State WarriorsArchitect: MANICAAOR: Kendall HeatonInterior Architect: GenslerStructural Engineer: Magnusson Klemencic AssociatesMEP Engineer Smith Seckman ReidME: ACCO Engineered SystemsEE: Rosendin ElectricPE: Pan PacificSize: 2 million sfConstruction time January 2017 to August 2019Cost $1.4 billionDelivery method CM at RiskPhoto credit: Jason ORear/Chase Center

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Winning with teamwork - Building Design + Construction

So far, the office of the future looks a lot like the office you left seven months ago though you probably havent seen it. Most of those who have been able to work at home during the pandemic havent gone back to the office and dont want to go back until theres a vaccine.

Its not clear when, if ever, offices will return to their previous level of activity. As of mid-October, less than 15 percent of office workers have returned in New York City, the largest office market in the United States, according to Partnership for New York City. In big cities nationwide, office building occupancy rates are hovering around 25 percent on average as many of the countrys workers remain stuck in limbo. Its not yet safe to return to full capacity, and its not clear if offices operating at partial capacity are a better solution than people working from home.

Real estate leasing has also slowed to a crawl as the office class has taken more permanently to working in their living rooms and bedrooms. Tech juggernauts like Facebook and Microsoft are offering employees the opportunity to work remotely forever. Meanwhile, even less digitally savvy companies are weighing the future of their real estate and the location of their workers.

The entire landscape of office work has shifted, but the physical workspaces themselves have yet to change much. The open floor plan still predominates the office landscape, and germ-killing robots are still mostly the stuff of science reporters dreams. Instead, to goad workers back into offices, employers have enacted a raft of minor precautions to make their offices safer or to give the appearance of safety but most have put off major, expensive alterations to their office space until theres more certainty about a coronavirus vaccine, and, in turn, more certainty about the future of the office.

Those who have returned to their offices have only been able to do so because so many others havent. Most businesses are adopting a hybrid work model, which lets people work at home and in the office. And since the majority of people are choosing to work from home most of the time, that frees up space in the offices for those who want or need to come in to have adequate social distancing.

In a way, this hybrid model represents the situation overall. Offices and office workers are in a holding pattern, not ready to commit to working from home or the office. And the future of the office, if its going to be substantially different, has yet to be realized for many reasons that have nothing to do with the office itself. A whole spate of other issues transportation, child care, trust in society and coworkers is informing employees decisions not to go back just yet.

Of those who responded to our recent survey about returning to work in an office, about half said they feel safe there and think their employers have done a good job. But for the most part, employers arent forcing employees back, perhaps as a nod to the difficulty of those issues or as an acknowledgment that they cant guarantee their safety.

Still, many employers want workers back in the office, and many employees want to be back. Both employers and employees, however, say the availability of a vaccine is a main consideration before returning to the office. A widely available vaccine may not be a reality until the middle of next year.

In the meantime, employers are doing what they can without expending excess cash in a recession to make the space feel safer for their workers.

If youre one of the few returning to the office soon, heres what you might expect.

Back in the early days of the coronavirus, when legions of office workers were sent to work from home for the first time, many were making ambitious predictions about the future of work. (I declared the end of the office as we know it.) They thought the future of the office would bring touchless entry, completely remodeled office spaces, state-of-the-art filtration systems, and, of course, those germ-killing robots.

The reality has been more mundane. So far, the changes to offices have largely been superficial and temporary.

To reconfigure a space takes money, Julie Whelan, head of occupier research for the Americas at CBRE, told Recode. Not a lot of organizations are willing to deploy capital right now because of the uncertainty of what the future of office space is.

Juliana Beauvais, research manager in IDCs enterprise applications practice, put it another way.

Its still hard for companies to make the ROI argument for a lot of these more sophisticated technologies, especially if they involve hardware or equipment investments, Beauvais said. Do companies really need to spend money right now, when people dont feel safe or comfortable coming back to the office anyway?

In their existing spaces, many employers have mostly forgone major construction in exchange for simpler, less expensive, and more temporary fixes that capitalize on the fact that fewer people are coming in.

These are table stakes to manage a building in the Covid environment, according to Kevin Smith, executive managing director of asset services at Cushman & Wakefield.

Instead of building more walled-in private offices, for instance, desks have been taped off or chairs removed in order to ensure at least 6 feet of space between employees. Common areas are off-limits and bulk bins of office snacks have gone by the wayside.

Most offices dont have sophisticated hospital-grade HVAC systems that can handle filtering viruses out of the air, though Smith says some of the wealthier landlords are looking into it. Rather than complete overhauls of air conditioning systems, building managers are opting to upgrade their filters and change them more regularly. Many have also placed smaller air filtration devices around the office.

Plexiglass dividers have popped up to create physical divisions between workspaces and colleagues, though its not clear how effective these shields actually are. Indeed, many post-coronavirus measures amount to little more than hygiene theater, an effort to make people feel safe rather than actually making them so.

Nonetheless, plexiglass dividers and other types of lightweight barriers are seeing a spike in demand, according to office furniture company Steelcase, which has also seen a growth in demand for mobile office equipment like tables and carts with wheels. Such requests represent employees wanting to be able to construct the space around them and respond to the changing situation.

All the things we thought in March and April changed in May and June and seem to be shifting again right now, Steelcases VP of workplace innovation Gale Moutrey told Recode, referring to the ways in which our understanding of the virus and how it spreads have changed drastically since this spring.

Many of the changes to offices have manifested less in the physical space than they have in how we behave in that space. Signage is everywhere, cautioning people to stay 6 feet apart, instructing them in which direction to walk, and reminding them to wear masks.

Mask-wearing, which is often required by law these days, is ubiquitous in many offices, but the degree to which individuals comply with the law varies from job to job. Other less visible changes to office space include cleaning, health checks, and scheduling protocols.

Offices are being cleaned much more frequently than they used to be. (This includes notifying people that the space has been cleaned.) Hand sanitizer once an impossible-to-find item is being placed everywhere.

While welcome, many of these changes probably wont do much to stop the spread of the coronavirus, which scientists believe travels primarily through airborne particles, not so much on surfaces. Rather, they convey the idea that employers are thinking of their employees safety.

Health screenings are also common. Thanks to local government mandates, many offices have implemented employee questionnaires Do you have symptoms? Were you exposed to someone with the coronavirus? Have you traveled recently? and temperature checks to avoid letting obviously sick employees in the building. This, too, can be a bit of theater. The CDC has said such screenings have limited effectiveness, since people transmitting the diseases dont necessarily have a fever or symptoms.

That hasnt stopped a whole cottage industry from popping up around these sorts of checks, with badge-in company Kastle, airport biometric ID company Clear, and health care concierge Eden Health all pivoting to include coronavirus screenings in their offerings. Kastle only allows an employee ID card access to a building once their questionnaire has been completed. Clear uses kiosks equipped with biometric technology, allowing employees to complete their questionnaire and temperature screening on the same device that checks their identity. Eden Health offers not only health screenings on their app but also coronavirus testing on site or at home. Rent the Runway, for example, instituted coronavirus tests monthly for its employees, while a financial services client is getting weekly at-home tests.

Many employers use scheduling tools or more simply public calendars to limit how many people can be in the office at once and to book space within the office. Employees can see who else will be in the office and decide when or whether theyre going in based on that information. To a lesser extent, different groups or teams alternate coming into the office by the day of the week.

Like offices themselves, the office market at large is also a bit stuck. Companies have stopped expanding their real estate footprints, deferring non-essential leasing until theres more certainty about the trajectory of the coronavirus pandemic. As a result, more office space is coming on the market than is being leased, and many are choosing to sublease space they already have, according to data from CBRE.

In some markets, this has led to rising vacancy rates and declining rents. However, its not yet clear whether these changes are stem from work-from-home policies or are simply reflective of being in a recession, which always results in a real estate contraction, according to Whelan from CBRE.

Those companies that are shopping for new space are also asking questions about safety parameters, HVAC systems, and cleaning protocols, according to Michael Colacino, president of office leasing platform SquareFoot.

We havent had anybody reject a building because they didnt like the answers, Colacino said, but theres no question people are putting it in a metric of things to consider that they didnt a year ago.

Companies are also looking for more space per person than before, despite the added cost, he said. In the past, businesses had typically asked for around 250 square feet per person; now they want more like 300-400 square feet, according to Colacino, who attributes the increase to a need for more collaboration space and a desire to add social distancing.

When you actually sit down and do the logistics of half-baked plans of rotating through offices, the easiest solution is to take a little more space, Colacino said.

Nina Broadhurst, a principal and leader of the work studio at Cuningham Group Architecture, thinks when everything shakes out, offices will take up less space. Thanks to working from home and desk-sharing in the office, shes operating on the assumption that offices will require about 70 percent of their existing footprints.

While the wide variety of solutions to improving the office space in a pandemic may seem slipshod, CBREs Whelan thinks of them as all part of a larger effort to build up multiple lines of defense. She added, No one solution we know is going to be perfect.

As for any big changes either in the vein of what we thought about this spring or something entirely new they arent off the table yet.

Real estate is historically an industry that takes a long time to change, Whelan said. We can talk about all the great things that are coming, but its going to take time to really unfold and show itself in the physical portfolio.

And those changes might not have much to do with the coronavirus at all; they could represent jumps forward in trends that were already underway.

When people thought it was going to be tamer when we thought we could go back in June and September with precautions we saw more 6-foot gaps and one-way traffic and plexiglass, Cuningham Groups Broadhurst said. The more they havent made that leap, the more theyre starting to look forward rather than make adjustments for a temporary situation.

Broadhurst and others see the future of the office as a place of collaboration, where people come in to work together and to maintain an office culture. They see a future in which fewer people go into the office all of the time, while the vast majority still want office space they can go to some of the time. When they do, they want to be able to work with others. The coronavirus made working from home more widely acceptable, but it also made being together more important than ever.

In the office of the future, the decades-long push toward fitting as many people into the office as possible may finally reverse. But also expect more flexible seating as well as larger and more robust and more numerous conference and other group spaces.

Whelan estimates that offices of the future will have more common space than personal space. Traditional offices are approximately 80 percent cubicles and offices and 20 percent common space; she expects that ratio could flip.

Its notable that some of these trends feel antithetical to coronavirus precautions. Instead, they could represent what offices will look like after a coronavirus vaccine. The pandemic could effectively be, as Broadhurst put it, an opportunity to maybe reset how we go about working when we start again.

Some of these trends were already underway. Coronavirus has just accelerated them and made people start to really consider them, Broadhurst said. People always say, dont waste a good crisis.

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Working from home and the future of the office in the pandemic - Vox.com

One of the biggest questions on everyones mind these days is, What will the workplace look like once employees start returning to the office? Apparently, more Dallas-Fort Worth employees are easing their way back than in any other top 10 metro area nationwide.

According to a Sept. 9 study from Kastle Systems, more than 38 percent have returned to the office in North Texas, compared to a national average of 24 percent. While this trend underscores the importance of taking immediate steps to create safe workplaces, the pandemic is raising greater awareness about the impact that workplaces have on our overall health and wellness.

Bill Brokaw, Hillwood Urban

Regardless of whether there is a COVID-19 vaccine at the end of this year or early next year, we expect to see various office design adjustments that prioritize more distance between employees and stricter hygiene measures.

High-tech, low-touch enhancements and designs that focus on health and productivity are already being integrated into new office construction in North Texas, such as Victory Commons One, a new office project located in Uptown/Victory Park developed by Hillwood Urban in partnership with USAA Real Estate.

Victory Commons One is the first of three potential office buildings totaling more than 1.5 million square feet on 8.5-acres in Uptown. To be completed in November 2021, the building is on track to be one of the first buildings in Uptown completed since the onset of COVID-19. The building features an upgraded HVAC system that includes an ultraviolet air purification solution to improve air quality by reducing indoor pollutants such as mold, bacteria, and viruses. This modernized feature will be included in the main building HVAC system and each individual passenger elevator unit.

Across the region, developers are incorporating numerous other amenities intended to eliminate public touchpoints, such as automated doors for entries, bathrooms, and vestibules. Touch-free faucets, motion- or voice-recognition tech, and individual stylus pens for shared devices are also being adopted more frequently. One of the more innovative touchless technology solutions is in Victory Commons One that enables the elevators to be operated by a smartphone app, eliminating the need to push buttons.

In addition to hygienic amenities, I foresee changes in how companies lay out their office spaces to create a healthier workplace.

The floorplate at Victory Commons provides an off-set core design where the typical center core of the building is located at the south end and thus freeing up the balance of the 33,000 square foot floorplate any number of wide-open designs with maximum access to natural daylight.

Before the pandemic, the trend in office layout was centered-around higher-density use of space. With the adoption of social distancing, companies are rethinking this design approach. The office layouts are moving to allow for maximum flexibility in planning a socially distant workspace while still promoting collaboration. The floorplate at Victory Commons provides an off-set core design where the typical center core of the building is located at the south end and thus freeing up the balance of the 33,000 square foot floorplate any number of wide-open designs with maximum access to natural daylight.

While it is easier to integrate features that promote health and productivity into the design of new buildings, developers are also finding innovative ways to adopt solutions for existing buildings, starting with air quality. MERV-13 (minimum efficiency reporting value) air filters are installed at Las Colinas iconic Williams Square office towers to combat airborne pollutants. MERV-13 is rated by the American Society of Heating, Refrigeration, and Air Conditioning Engineers as one of the most effective filters available.

Healthier environments are also being created through electrostatic disinfecting, a process that uses an electrostatic-charged mist to adhere to building and furniture surfaces to reduce the risk of infection and spread of viruses.

Filtration systems and enhanced sanitation protocols are key together with other safety measures such as the use of hand sanitizing stations at all entrances, a designated one-side entrance and exit, a limit of four passengers per elevator, encouragement for tenants to wear face masks, and the addition of floor decals to direct traffic flow and assist with social distancing in the commons areas.

Despite the continuation of remote working due to the pandemic, there is still interest in office leasing in North Texas. Over the past 60 days, weve seen an increased number of people getting back into the office and an uptick of interest from tenants both inside and outside the state. There has been particular interest from companies located in the east and west coast cities who are interested in moving to North Texas business-friendly environment and central geographic location.

Several customers have indicated to us that their workforce is seeing major work-from-home fatigue with multiple distractions. Productivity has declined, and the need for company culture is critical to the success of the business.

Employees are making it clear that they want to have a place where they can connect and collaborate. Even though many enjoy the benefits of working from home, remote technology does not replace our need for personal interaction. There are simply some situations and work projects that are best accomplished through interpersonal communication that cannot be replaced with virtual meetings. The key is to ensure that buildings, whether new or existing, are prepared to accommodate those who want to return and be in a safe, healthy environment.

Bill Brokaw is Senior Vice President at Hillwood Urban.

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Pandemic Shifts Office Design to Focus on Health, Safety - D Magazine

Rendering of the 180 Building, set for The Banks along Cincinnati's riverfront.(Photo: Provided)

Last year amid fighting between the city and county, county officials pledged an office tower would be built at 180 Walnut at The Banks on Cincinnati's riverfront.

There was no official announcement though. And then the coronavirus pandemic hit Ohio and there was little news related to the project -- other than more fighting between the county and city.

Officials on Tuesday unveiled renderings of the office tower at Tuesday's Board of Commissioners' regular work session.

The building, which will be developed by Lincoln Property Company, is a $92.5 million, 17-story office building, just east of the Freedom Center on the existing development podium next to Planet Fitness. At 361,285 square feet, the tower is twice the minimum build requirement on the site, according to a report on the project reviewed by The Enquirer.

Project employment is 1,400-1,600 employees, though no tenants will be revealed yet. County officials say there are pledged tenants for at least 50 percent of the space.

Renderings show a top floor lounge and outdoor roof terrace, along with an in-building gym.

Construction is set to begin in the spring or summer of 2021, with completion by winter 2021.

"It's very exciting to bring all those jobs down to the riverfront," said Board of Commissioners President Denise Driehaus.

Commissioners are expected to officially sign off on the construction at their meeting on Thursday. The deal then goes to the city, where the city manager is expected to sign off on the deal, said County Administrator Jeff Aluotto.

The deal does not need Cincinnati City Council approval, Aluotto said.

Rendering of the 180 Walnut Building lobby at The Banks.(Photo: Provided)

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The Banks: See new renderings of planned office tower at Cincinnati riverfront - The Cincinnati Enquirer

Nebraska banks saw their profit jump significantly in the second quarter compared with the first three months of the year, but earnings were down considerably compared with a year ago.

According to data released Tuesday by the Federal Deposit Insurance Corporation, the 161 banks headquartered in Nebraska earned a combined $246 million in the second quarter. That was up about 35% compared with the first quarter of the year, but it was a decline of more than 10% from the second quarter of 2019.

Though the number of banks reporting earnings gains during the quarter increased, the percentage reporting losses also was higher than a year ago. Performance on a number of financial metrics, including average yields, and return on assets and equity were lower in the second quarter than a year ago.

For the year so far, total profit for the Nebraska-based banks is $427 million, down $112 million from the first six months of 2019 and the lowest for that period since 2016.

Lincoln-based banks bucked the trend, however, with a strong increase in earnings. The nine banks with headquarters in the city earned a combined $46.6 million in the second quarter, up about 16% from the same period a year ago.

Nearly all banks in Nebraska fall into the FDIC's definition of a "Community Bank," and those banks did much better than large national banks.

Community banks as a whole saw their income grow 3.2% in the second quarter compared with a year ago, largely due to increased lending as part of the Paycheck Protection Program, the FDIC said in a news release.

As a whole, the nation's banks saw their profit fall 70% compared with a year ago.

FDIC Chairman Jelena McWilliams said in a news release that the main factors in the large drop in income were increased provisions for loan losses caused by lower business and consumer spending during the coronavirus pandemic as well as a decrease in net interest margins.

Photos: New construction in Lincoln

Workers construct a tower crane on the southeast corner of Ninth and O streets on March 30. The crane will be used to construct a 140-room Holiday Inn Express.

A new $23.9 million Veterans Affairs outpatient clinic being built on the VA campus south of 70th and O streets is the cornerstone of a larger redevelopment known as Victory Park.

A preliminary design shows plans for an apartment building proposed on the block west of Antelope Valley Parkway in the K and L streets corridor.

Construction is close to being finished on the new Mourning Hope Grief Center in February.

A nighttime rendering of the planned State of Nebraska office building at 17th and K streets.The four-story building would have two levels of parking and two floors of office space.

Work is going on to finish the interior of the Kinetic Sports Complex on West O Street so it can be open in March.

Campion Development has received approval for its student-oriented housing project at Ninth and M streets.

A Spectrum retail store will be the first tenant for a retail building under construction at the former Skate Zone site at 300 N. 48th St. Construction on a hotel at the site is likely to start in the next two to three months.

The Golds Building at 11th and O streets has been sold to a real estate investment company that plans a $15 million-$20 million redevelopment that will include a 110-room hotel.

Madonna Rehabilitation Hospitals plans to break ground this spring on a new $57 million, three-story patient wing on its Lincoln campus.

An architectural rendering shows the first phase of a renovation project at Nebraska Wesleyan University, which will replace seats in McDonald Theatre.

Workers put together the red, steel frame for Tommy's Express Car Wash north of 70th and O Streets in November. The site was formerly home to Texas T-Bone and Lone Star Steakhouse, among other restaurants.

A 300-foot mobile crane sits ready to erect a 280-foot tower crane at the site of the future Lied Place Residences in November.

Bryan Physician Network broke ground at 84th and Pioneers on a new building that will be home to Southeast Lincoln Family Medicine and a second Bryan Urgent Care location.

Nebraska's proposed new football facility ties in with the East Stadium Plaza and other buildings on the NU campus. "This is going to be an unbelievable move for athletics here at Nebraska and something thats going to change this place in a big way," said NU Associate Athletic Director for Football Matt Davison.

This rendering shows the new bar planned at Sun Valley Lanes.

Telegraph Lofts East rises in the foreground, followed by Telegraph Flats, while looking west toward downtown Lincoln in September.

Southeast Community College's Education Square downtown was renovated, with enhanced security.

An architectural rendering shows a six-story hotel proposed for 21st Street and Transformation Drive on Nebraska Innovation Campus.

There's a healthy use of granite and marble throughout the rooms and public spaces, including bathrooms at The Kindler Hotel.

Water hookups and electrical boxes line the new campground under construction at the Lancaster Event Center.

Construction on the Olsson building in the Haymarket in July.

This rendering shows what the Eastmont campus at 6315 O St. will look like after its planned $50 million expansion.

The new Wild Kingdom Theater is part of the expanded Lincoln Children's Zoo that opened in May.

The Stack at 1222 P St. includes27 market-rate apartments -- three two-bedroom units, 20 one-bedroom units and four studios, some with balcony access.

New renderings show a preliminary design for a hotel on the southeast corner of Ninth and O streets.

The new, 160-bed women's unit at the Community Corrections Center-Lincoln was built to be a therapeutic space. It features earth tones, natural lighting and wood throughout the building.

The Lincoln Parks Foundation is raising money to build a new Wilderness Nature Camp building at Pioneers Park Nature Center.

This rendering shows Great Plains Beef's planned new administration building at 84th Street and Havelock Avenue.

The city has chosen this proposal from Argent Group for a high-rise development at 14th and N streets. The rendering is looking southwest.

Part of the new parking garage at SouthPointe Pavilions is finally open, several months after originally planned.

White Lotus Group and HDR propose a mixed-use community hub for the site it calls Mural, which would combine affordable housing, retail, a wellness center and central library with murals throughout the block.

Link:
State bank profits down in 2nd quarter compared with last year - Norfolk Daily News

In this segment from BD+C's The Weekly show, Brad Hunter, Managing Director with RCLCO Real Estate Advisors, talks about the short- and long-term market forecast for several key commercial building sectors, including hospitality, industrial, office, retail, and rental housing.

The data and research presented in the video is from RCLCOs Mid-Year 2020 Sentiment Survey.

In this video, Hunter outlines the following sectors:

Retail construction sector- High street- Big box/power center- Outlet- Lifestyle- Class A regional malls- Class B regional mallsThe winner is...

Hospitalityconstruction sector- Home share/Airbnb/VRBO- Resort- Select service- Business/luxuryThe winner is...

Officeconstruction sector- Co-working- Life sciences- Creative office- Class A office- Class B officeThe winner is...

Rental housingconstruction sector- Co-living/micro units- Senior housing- Active adult rental- Manufactured housing- Class A, B, C apartmentsThe winner is...

Industrialconstruction sector- Self-storage- Data centers- Flex/light industrial/R&D- Cold storage- Last-mile distributionThe winner is...

Read more:
Video: 5 building sectors to watch amid COVID-19 - Building Design + Construction

Wilmington-based Thomas Construction Group has announced the addition of several new employees, according to a news release.

Kyle Brooks, Kramer Joyce and Jake Connor have joined the general contracting firm.

Brooks is a senior estimator with 10 years of experience estimating jobs ranging from $2 million to over $50 million in value, stated the release. He will play a vital role in the preconstruction department and has performed estimates on office buildings, warehouses, medical office buildings, mixed-use facilities and multi-family projects.

He earned a degree in construction management from Utah Valley University.

Joyce (right) is a superintendent with the firm, and will be responsible for assisting the on-site team with subcontractor management, meeting milestones, cost management, client communication and overall project safety.

He graduated from Pitt Community College with a degree in building construction technology.

Conner has joined Thomas Constructions accounting department as a project accountant, responsible for working with project managers and superintendents to maintain project costs.

Conner (left) earned an undergraduate and graduate degree from the University of North Carolina Wilmington.

While earning those degrees he interned with a Raleigh firm and pursued his CPA license.

Go here to read the rest:
New employees join Thomas Construction Group - Greater Wilmington Business Journal

Vacant land across from South Windsors Evergreen Walk shopping center will soon become home to a four-building complex with a mix of medical office and retail space.

Farmingtons Metro Realty Group is leading the project aiming to construct 50,400 square feet of medical office and 38,880 square feet of retail space on Buckland Road across the street from LA Fitness.

South Windsors planning and zoning commission recently granted key land-use approvals for the real estate developer, which acquired the vacant land for an undisclosed sum in Sept. 2019, and filed applications for the development months later.

Tenants have not yet been selected for the so-called Gateway Boulevard development, town records show. The mixed-use property is expected to join a new Chase Bank branch and Aldi grocery store as new additions to the corridor. Metro Realty is also leading those projects, officials say.

Its not clear when construction will begin on the development, or how much it will cost to build. Metro Realty declined multiple requests for comment.

Town Planner Michele R. Lipe said Metro Realty, one of Connecticuts largest medical office developers, still needs certain environmental approvals before it can break ground.

image | Contributed

Metro Realty Group plans to construct a four-building development across from South Windsors Evergreen Walk with a mix of medical office and retail space.

According to plans filed with the town, the complex will house two retail buildings near the well-traveled Buckland Road corridor. A combination of restaurants, with outdoor seating, and clothing retail tenants would be ideally suited for the buildings, officials say.

Another two medical-office buildings are to be constructed at the rear of the property. A total of 486 parking spaces and several electric car charging stations are planned for the development, plans show. There will be more than 600 parking spaces if the Aldi and Chase buildings are included.

A map of the development on Metro Realtys website shows the office buildings will comprise 25,700 square feet and 30,000 square feet. Forteen retail units in the other two buildings mostly range from 2,495 square feet to 4,050 square feet.

A second phase of development is currently being eyed on a small piece of land just north of the property also controlled by Metro Realty, town officials have said. Construction on the Chase branch has already begun, and work on the Aldi supermarket is expected to begin soon, town records show.

Metro Realty will also create a four-way intersection and crosswalks where Buckland Road, Cedar Avenue and the new Gateway Boulevard meet.

The office-retail development will compete with its neighbors across the street at The Promenade Shops at Evergreen Walk. The outdoor shopping center spans more than 374,979 square feet, and is home to many specialty retailers and restaurants including Anthropologie, Brooks Brothers, Banana Republic, Old Navy, Teds Montana Grill, Red Heat Tavern, Sakura Garden and Omaha Steaks, among other storefronts.

Headquartered at 6 Executive Dr. in Farmington, Metro Realty owns and operates more than 30 medical office, industrial and multifamily buildings around Connecticut, according to its website.

Last year, it sold a 29,000-square-foot medical office building on Middle Turnpike Road in Manchester for $11.3 million, and is looking to invest $2.4 million to construct a 16,200-square-foot, one-story medical building on Cromwell Avenue in Rocky Hill.

A Southington industrial building on Clark Street has sold for $840,000, brokers say.

New York-based 339 Clark LLC recently sold the 16,020-square-foot building to Marion-based Mantz Auto Sales and Repair Inc., according to broker Sentry Commercial, which was the sole broker in the deal.

Mantz Auto Sales and Repair is planning to relocate and expand at the facility by year-end, Sentry Commercial said.

Marlboroughs Two Brothers Auto LLC has acquired more than 2.3 acres in Bloomfield for $80,000, according to Sentry Commercial.

Alice Leshem was the previous owner of the property at 15 Highland Park Dr. Sentry Commercial said its not yet clear how the auto service business plans to use the property.

Joe Cooper is HBJs web editor and real estate writer. He pens The Real Deal column about commercial real estate.

More here:
Office, retail development coming to South Windsor's Evergreen Walk area - Hartford Business