article thumbnail

AECOM Reports Solid Q2 2021 Net Income

ENR Construction

Troy Rudd, AECOM’s chief executive officer, noted the uneven pace of economic recovery.

Income 50
article thumbnail

When office-to-residential conversion works

BD+C

When office-to-residential conversion works 0 qpurcell Wed, 06/28/2023 - 13:29 Office Buildings The cost and design challenges involved with office-to-residential conversions can be daunting; designers need to devise creative uses to fully utilize the space. That’s why downtowns are filled with offices.” “If

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Return to Work Begins to Impact Housing Demand

Pro Builder

Thu, 08/05/2021 - 10:15. Homebuyers today look to outlying metros for more space and affordability because many no longer need to worry about proximity to the office. With companies returning to the office, there’s been an uptick in buyers looking for real estate in cities. . Return to Work Begins to Impact Housing Demand.

Housing 52
article thumbnail

13 Predictions for Construction Growth

Pro Builder

Mon, 08/30/2021 - 11:26. Will the home office be standard? Individuals working low-income jobs can still afford to save enough for a down payment and acquire a house,” says Saurabh Shah, Co-founder of InstLend. 13 Predictions for Construction Growth. Will buyers have more flexibility? .

article thumbnail

Housing Accounts for Nearly 17% of Country's GDP

Pro Builder

Fri, 07/30/2021 - 09:45. of the country’s GDP during the second quarter of 2021, only slightly off a 14-year high. at a seasonally adjusted annual rate during the second quarter of 2021, but residential fixed investment declined at a 9.8% Housing Accounts for Nearly 17% of Country's GDP. cbroderick. Housing made up 16.9%

article thumbnail

New A.D.U. Ordinance Introduced to N.J. Neighborhood

Pro Builder

Fri, 12/10/2021 - 10:06. They can also generate rental income for seniors struggling to afford to stay in their homes, and make communities more economically and racially inclusive. Ordinance Introduced to N.J. Neighborhood. Homeowners in Princeton, N.J. are experimenting with accessory dwelling units. In Princeton, N.J., Sacks said.

Zoning 52
article thumbnail

Less Than Half of All U.S. Counties are Affordable for Homeownership

Pro Builder

Wed, 01/06/2021 - 09:43. Counties deemed unaffordable are those with housing costs exceeding 28% of the average household income. Less Than Half of All U.S. Counties are Affordable for Homeownership. cbroderick. From there, the cost of mortgage payments, taxes, and insurance were calculated.