Gravel2Gavel Construction & Real Estate Law Blog
In our latest roundup, data center sustainability presents opportunities, extended-stay and upper-tier segments drive hotel construction, the office market faces a scarcity problem, and more!
- Community pushback against data centers might be alleviated by sustainable construction and operations. (Joe Burns, Construction Dive)
- With evolving design considerations and state restrictions, hyperscalers continue to pursue multibillion-dollar data center builds, keeping them front and center on the industry’s radar. (Joe Bousquin, Construction Dive)
- Now that the 21st Century ROAD to Housing Act is law, federal agencies are beginning the lengthy work of implementation on one of the most comprehensive pieces of housing legislation in decades. (Julie Strupp, Multifamily Dive)
- Extended stay projects accounted for 40% of the total U.S. hotel construction pipeline, while luxury and upper upscale projects reached record counts. (Jenna Graber, Hotel Dive)
- AGNT, HomeServices of America, Keller Williams and Real REMAX Group, four of the nation’s largest brokerages, announced that they are creating a largely open and shared database (API) of listings for brokers. (Diana Olick, CNBC)
- The office market posted its fifth consecutive quarter of positive net absorption, with occupiers adding 6 million square feet in the third quarter of this year. (Diana Olick, CNBC)