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AIA/Deltek Architecture Billings Index drops again in August for 19th consecutive month

Archinect

Unfortunately, even the impending interest rate cuts didn’t move the needle on project inquiries or new design contracts at architecture firms. This is now the nineteenth consecutive month of declines in the ABI index. Project inqui. Project inqui.

Contract 264
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Site preparations begin for Norman Foster’s West Hollywood project, One Beverly Hills

Archinect

Site preparations are underway in West Hollywood in advance of the 50-month construction phase that will bring the Foster + Partners -designed One Beverly Hills residential towers to a plot adjacent to the Beverly Hilton and other area hospitality icons. acre site that includes another 8.5-acre The project will cost.

Site 291
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Rebound in demand for design services in May, says AIA Architecture Billings Index

Archinect

The index score in May was the highest it has been since September 2022, while inquiries into new projects and design contracts reached their highest levels since February. while new design contracts entered positive territory with a score of 52.3, up from 48.5 in April (a score above 50 indicates an increase in billings).

Contract 246
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Site preparations begin for Norman Foster’s One Beverly Hills

Archinect

Site preparations are underway in Los Angeles in advance of the 50-month construction phase that will bring the Foster + Partners -designed One Beverly Hills residential towers to a plot adjacent to the Beverly Hilton and other area hospitality icons. acre site that includes another 8.5-acre Image rendering courtesy DBOX for Alagem Capital.

Site 264
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March Architecture Billings Index shows an increase for the first time since September

Archinect

New data from the American Institute of Architects' latest Architecture Billings Index (ABI) shows an increase for the month of March, ending a five-month streak of declines in spite of a slight decrease in the overall number of new contracts during the same 30-day period. As mentioned, the value of new design contracts declined to 48.9

Contract 246
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AEC inspections are the key to financially viable office to residential adaptive reuse projects

BD+C

AEC inspections are the key to financially viable office to residential adaptive reuse projects 0 dbarista Fri, 06/14/2024 - 08:45 Multifamily Housing About a year ago our industry was abuzz with an idea that seemed like a one-shot miracle cure for both the shockingly high rate of office vacancies and the worsening housing shortage.

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January Architecture Billings Index kicks off the new year in growth territory as staffing constraints remain

Archinect

New project inquiries and design contracts kept their strong momentum, reporting scores of 61.9 Sector index breakdown: mixed practice (59.3); commercial/industrial (54.2); multi-family residential (50.1); institutional (47.3) Design contracts index: 56.1 Design contracts index: 56.1 respectively.

Contract 264