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Architects’ Business Slows To Lowest Level Since 2020 as Developers Stall Projects

Midwest Region Records Softest Business Conditions Across US
The architecture firm WATG completed a $150 million renovation of Omni Hotels & Resorts' Homestead property in Hot Springs, Virginia. (WATG)
The architecture firm WATG completed a $150 million renovation of Omni Hotels & Resorts' Homestead property in Hot Springs, Virginia. (WATG)
CoStar News
June 26, 2024 | 9:30 P.M.

Architects’ business has slowed to levels not seen since 2020 as developers and organizations hit the brakes on commissioning new design projects.

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