Buildings that offer flexibility allow future generations to reuse, restore, and adapt it for other uses.

With more than 25% of the country’s office stock projected to become obsolete by 2030, how is an international commercial hub like New York City adapting? Join STOBG’s SVP of Building Repositioning, Brooks McDaniel as he discusses the city’s trend towards residential conversion with commercial design leader and managing partner at MdeAS, Dan Shannon.

A Houston project plans to achieve two firsts: the city’s first mass timber commercial office project, and the state of Texas’s first commercial office building targeting net zero energy operational carbon upon completion next year. Framework at Block 10 is owned and managed by Hicks Ventures, a Houston-based development company.

The AEC industry is ever evolving. In the search for more sustainable solutions in construction, mass timber continues to take hold. As a central feature of a building’s aesthetic—and perhaps of the owner’s commitment to environmental stewardship—mass timber is notable and noticeable, and is actively challenging traditional building methods. Is it the next step in improving the built world?

The good news? Commercial leases are back on the rise, and the data center and industrial sectors are going strong. The not-as-good news? That means certain materials will continue to have long lead times. Learn more about the state of the global supply chain in our September Supply Chain report.