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Executives’ latest views on the global economy and their countries’ economies lean much more positive than they did at the end of 2023. In the latest McKinsey Global Survey on economic conditions, the outlook on domestic conditions in most regions has become more hopeful, despite ongoing shared concerns about geopolitical instability and conflicts. In a…

Proposed amendments to Alberta’s Consumer Protection Act will add new rules for life lease housing. The contracts to secure long-term occupancy are most commonly offered in seniors housing, and have not previously been regulated in the province. Under the life lease structure, leaseholders purchase the right to occupy a residential unit for a prolonged period…

When leasing agents take clients to see buildings, they know what’s important: people. They never want to show an empty building; it’s the people who give it energy and make it the type of place a company wants to be. As building owners and businesses explore options for attracting employees back to the office and…

Facilities Management Advisor’s “Under Construction” series highlights some of the latest, most interesting facility project announcements every month. The A’s Vegas Stadium Batter up! March marked the official start of spring and the 2024 Major League Baseball (MLB) season. As baseball teams prepped themselves for the many games ahead, the Oakland Athletics revealed renderings of…

Walmart is funding almost two dozen new community solar projects and three long-term purchase agreements that will add almost 1 gigawatt of zero-carbon energy to the U.S. grid. That’s roughly enough energy to power 750,000 U.S. homes. The new installations include Walmart’s first investments in projects for Arkansas, Louisiana and Mississippi — almost half the…

The new replacement hospital was designed by Lawrence Group architects. Construction has officially kicked-off on a $410 million Health First Cape Canaveral replacement hospital, parking garage and medical office building in Merritt Island, Florida, designed by Lawrence Group architects. The new 120-bed hospital, three-deck parking structure and 92,000-square-foot medical office building will replace Health First’s…