In summer 2021, the office market was gearing up for a much-anticipated return to the office in the fall as a result of widespread optimism owing to efficient COVID-19 vaccine rollouts and falling case counts. However, the emergence and subsequent ascent of the delta and omicron variants threw a wrench in return-to-office scenarios as companies […]
Congressional Democrats are struggling to come up with a plan to pass legislation containing much of their and President Joe Biden’s domestic policy agenda, with an eye toward having tangible achievements that can be touted in their 2022 midterm reelection bids. After spending much of 2021 disagreeing with centrist Senators Joe Manchin (D-WV) and Kyrsten […]
We’ve all noticed the change — at the supermarket, gas pumps, and nearly everywhere else. Whether it was the cost of your Christmas tree or your New Year’s Eve champagne, prices are significantly higher today than they were just one year ago. In fact, the Consumer Price Index has climbed 6.8% in just the last […]
Adaptive reuse projects can often be a high-risk, high-reward proposition, as aging or obsolete assets bring their own set of unique challenges for developers hoping to revitalize or reposition a property for new uses. But as availability of land continues to shrink in densely populated areas, and big-box retail stores stand empty, developers are taking […]
Often in large development projects, design and construction teams focus on completing the building for the occupants’ short-term needs – about five years out from completion. Yet modern buildings have the potential to reach a lifespan of 30-50 years before requiring major renovations, according to Getty Conservation Institute. As climate change worsens and building resiliency […]
As the new year begins, lawmakers will begin returning to their chambers to discuss and debate numerous pieces of legislation. Congress is currently focused on President Joe Biden’s Build Back Better initiative and voting rights legislation, but conventional wisdom suggest that passage of meaningful, nonpartisan legislation will remain a challenge during an election year. However, […]
While the past two years have been marked by considerable speculation around the future of office-based and remote work, there is no uncertainty around the fact that companies will still need physical spaces for training, collaboration and culture building. Considering the changing nature of these activities, a trend has been gaining ground to keep up […]
Building on the NAIOP Research Foundation’s recent study, The Development Approvals Index: A New Tool to Evaluate Local Approvals Processes, several NAIOP chapters and George Mason University have collected data on development approvals across the United States and Canada. To date, Mason’s data collection has focused on nine jurisdictions: City and County of Denver, Colorado; […]
