The American Institute of Architects (AIA) reports
Washington, D.C. – July 22, 2009 – After showing signs of stabilization over the last three months, the Architecture Billings Index (ABI) plunged nearly five points in June. As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve month lag time between architecture billings and construction spending. The American Institute of Architects (AIA) reported the June ABI rating was 37.7, far lower than the 42.9 the previous month. This score indicates a sharp decline in demand for design services (any score above 50 indicates an increase in billings). The new projects inquiry score was 53.8, the fourth straight month with a score in the mid-50’s.
“It appears as though we may have not yet reached the bottom of this construction downturn,” said AIA Chief Economist Kermit Baker, PhD, Hon. AIA. “Architecture firms are struggling and concerned that construction market conditions will not even improve as soon as next year. There has also been little movement in terms of stimulus funding allocated for design projects having the desired impact of leading to new work.”
Key June ABI highlights:
o Regional averages: Northeast (42.8), South (40.5), West (39.9), Midwest (36.2)
o Sector index breakdown: mixed practice (43.5), multi-family residential (42.7), commercial / industrial (39.5), institutional (37.0)
o Project inquiries index: 53.8
SOURCE: The American Institute of Architects – Architecture Billings Index Takes Turn for the Worse,
Building Design report
The £450 million Heart of Slough masterplan, which includes a dramatic new library building by 3DReid, has won planning permission from Slough Borough Council.
The 11.75ha masterplan includes offices by Sheppard Robson along with a new bus station by Bblur Architects’ Matthew Bedward and the new central library and cultural hub.
read the full article at the SOURCE: Building Design – Slough £450 million masterplan wins planning
Creative proposals are being invited on restoring Bruce Lee’s former residence in Kowloon Tong to turn it into a tourist attraction.
Initiated by the property owner, the Ideas Competition for Bruce Lee’s Residence will select the best ideas to restore the residence to its original appearance and provide an exhibition hall, an audio-visual room, a kung-fu corner, a library and souvenir counter.
“We are grateful to Yu Pang-lin, the owner of the residence, for his generosity in donating the property. Mr Yu has also agreed to be the promoter of the competition and the honorary chairman of the adjudication panel, and will sponsor $100,000 in prizes for the winners,” Mrs Lau said.
“The support and advice given by various professional bodies, and Bruce Lee’s family, friends and supporters are also crucial to the successful launch of the competition.”
Participants can register until August 31 and must submit entries by October 15. Competition results will be announced by year’s-end.
For more information goto the competition website
SOURCE: News.gov.hk – Bruce Lee home competition opens
Flickr Image: Ian Muttoo
Technorati Tags: bruce lee, competition, registration, entry, deadline, kowloon tong,
Building Design reports
BAA has launched an open competition to develop a masterplan for the extension of London’s Heathrow Airport which will include a third runway and new terminal building. Pre-qualification closes for the tender on July 27.
Read the full article @ the SOURCE: Building Design – Heathrow expansion masterplan up for tender
Flickr Images by: markhillary
The public’s embrace of the Citygarden sculpture park is helping push more work on the Gateway Mall, the 16-block strip between the Old Courthouse and Union Station.
Citygarden has been open for a little more than two weeks and remains a hit with visitors drawn to the nearly three-acre park of sculptures, tree-lined paths and fountains.
Tricia Roland-Hamilton, director of the Gateway Mall Project, said Citygarden was prompting skeptics to re-evaluate their opinion of the Gateway Mall as an endeavor whose time would never come.
read more at the SOURCE: STLtoday.com – Citygarden’s popularity boosts Gateway Mall development
Also read our previous post about Citygarden
Technorati Tags: citygarden, st.louis, flow on effect, green, mall, gateway mall,