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Gehry-designed Warner Bros. Second Century expansion is now complete

Archinect

Breaking ground in early 2020 , the 800,000-square-foot structure, resembling staggered icebergs through its glass façade, now rises in full view above the 134 freeway in Burbank, California. The Gehry Partners -designed Second Century expansion project for Warner Bros. is now complete, Urbanize LA reports. employees.

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Boston reprioritizes Planning and Development Agency as reformers push to eliminate structural inequality

Archinect

As a 2020 Boston Globe article stated: "The quasi-governmental agency referees Boston’s major real estate development, a sector that one agency board member described [.] Other critics have amplified her call, arguing that it inculcates structural racism. as overwhelmingly white and male.

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New report shows the architecture industry's resilience in California throughout the pandemic

Archinect

The design sector has traditionally been one of the losers of a market downturn, with big real estate developments being put on hold and the need for architectural design services kicked down the road. Between 2019 and 2020, architecture saw only a 2.2 When a recession hits, architects often take it in the gut.

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New data reveals the growing state of adaptive reuse residential conversions nationwide

Archinect

More precisely, this increasingly popular real estate niche brought a total of 28,000 new rentals in 2020-2021, well above the pre-pandemic years of 2018-2019 when 22,300 apartments were brought to life through adaptive reuse. In the last two years, apartment conversions jumped by 25% compared to two years prior.

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Elon Musk is planning a utopian Hoovertown outside of Austin

Archinect

In meetings with landowners and real-estate agents, Musk has reportedly described his idea for the estate — which he envisions building on thousands of acres of property he purchased on the Colorado River — as a utopia, so that his employees can live, work, and play without ever leaving.

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Frank Lloyd Wright’s final residential design lists for $9 million in Arizona

Archinect

million , according to the Robb Report and several local real estate listings. million in 2019 before being re-listed in September of 2020 for just under $8 million. The private home considered to be Frank Lloyd Wright ’s final residential design has hit the market in Arizona for $8.95

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Investor demand for multifamily real estate remains relatively strong despite COVID-19

BD+C

Despite a disruptive pandemic, investor demand for multifamily real estate was strong in 2020, according to a newly released Yardi Matrix Bulletin. Around 252,000 apartment units were absorbed last year. That’s about 1.7% of total market stock and down 12% from the 286,300 apartments purchased in 2019.