Upending The Bad News

West
Thursday, August 6, 2009
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(From right to left) panelists Denise Bickerstaff, Cecilia Estolano, Rob Jernigan, Jerry Neuman, Dan Rosenfeld (obscured), and Larry Scarpa. Co-moderator Jennifer Caterino.

On Tuesday night AN, Gensler and the California Real Estate Journal (CREJ) hosted our panel discussion, Upending The Downturn at the Poliform showroom in Beverly Hills. Participants did their best to keep the tone positive, and suggested tips for surviving, and even excelling, during the recession and beyond. Most hinted that we’re almost out of the woods. Potential bright spots for architects and builders included affordable housing, government work (including slowly-moving stimulus-related projects), sustainable projects (including work in LA’s new Clean Tech corridor), health care, and design/build . Some even suggested that small projects are getting financing, and that larger ones should by the end of the year. The recession, one panelist pointed out, will be announced officially over in September. What?? And more good news: co-moderator Jennifer Caterino of the CREJ, noted that according to the Commerce Department US Construction spending rose .3 percent in June. What’s next? Constant sunshine? Oh yeah, it’s LA. There is constant sunshine.

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