Yesterday was a day of reverence and reflection as our nation took time to pause and remember those who were lost 10 years ago on Sept. 11, 2001, as a result of multiple terrorist attacks on our great nation. One thing was evident during the remembrances in that our nation has experienced some healing since the events of that fateful day; however, the impacts of 9/11 are still strongly felt to this day. Obviously, those events have changed the way we travel by air and changed the way security is handled at events and places all over the country. These changes have also been seen in the nation's office market and changed the way security is handled, especially at high-profile buildings in major markets. Over the last 10 years, the commercial real estate industry has made incredible strid...
The paper explores overall worldwide terrorism attacks and those targeting separately commercial and government facilities, through statistical analysis and cycling with a 40-year dataset. The results indicate a surge of lethal attacks after the Gulf War and the existence of cycles. The cyclicality of terrorist incidences in commercial buildings is estimated at 18.4 years (injury and fatality cycles are 7.8 and 8.4 years, respectively). Projections are offered until 2020, with the next period of increased casualties predicted from the end of 2008 through 2010. Concerns are raised on improvised explosive devices (IEDs), "Trojan-horses," and building-system tampering. Vigilance, information-sharing, and use of technology by building personnel may reduce the predicted casualty trends.
After a previous failed attempt, Milwaukee officials and the developers behind a project to revive the 27th Street corridor bounded by Oklahoma and College avenues have confidence this proposal will be the one that sticks. The city's Plan Commission on Feb. 21 approved plans for three commercial buildings in the 3600 block of South 27th Street. The first building will hold a Buffalo Wild Wings restaurant and possibly a Jimmy John's sandwich shop.
President Obama yesterday announced the launch of a new program that would make commercial buildings 20 percent more energy efficient during the next 10 years. The program is called the Better Buildings Initiative and could save nearly $40 billion in energy costs. Obama announced the plan at Penn State University on Thursday.
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