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Upscale restaurants will be a growing trend in 2014. Activity was up for retail and restaurant construction and once-stalled commercial construction projects are finding themselves back on 2014 bid sheets for the best commercial general contractors. Big is back. The former Purple Hotel site in Lincolnwood, Ill.
If you are a player in the retail world, odds are you spent a few days in Las Vegas last month at ICSC’s “ Global Retail Real Estate Convention ” (RECON). It’s always an exciting event for the retail real estate industry. Here are my three takeaways for retail construction trends from RECON 2014: Money is out there.
Consumers kept money in their pockets, retailers stopped expanding and owners ceased new retail construction for their facilities. In most cases, these malls need significant retail commercial construction upgrades and updates to compete for top-tier retailers. 4) Solid retail connections.
With the momentum that commercial general contractors were able to build last year, we expect 2014 to be an even better year for the commercial construction industry. This new retail commercial construction activity should play a prominent roll in 2014 as well. Middle market retailers see some light.
Perhaps the most important aspect in this process will be engaging a national retail commercial contractor for advice and feasibility studies. 1) Don’t be afraid of a big retail construction project. Believe it or not, a lot of shopping center landlords and retail investors are afraid of a shopping mall construction project.
When I look back on 2014, I’m kind of sad to see it go. What does set 2014 apart is the excitement it generated for the commercial construction industry, the optimism it set for the near future, and, perhaps mostly for sentimental reasons, the opportunity it provided to rekindle professional relationships. Self-reinvention.
He offers his green building mega-trends for 2014: read more. What are the major trends likely to affect the green building industry and markets in the U.S. As one of the world''s leading green building consultants, keynote speakers and authors, Jerry Yudelson thinks he knows the answers.
to create better foot-traffic flow and help struggling retailers. Many shopping centers owners have difficulty leasing or keeping consistent retail tenants in certain portions of their shopping mall. More importantly, this demographic concentration would appeal to retailers such as toy stores or a children’s clothing store.
Led by the hotel and retail project categories, the commercial sector looks to see the biggest gains in construction spending, with demand for institutional projects increasing at a more moderate level. Body Image: read more.
Acoustic Panels Airports Architects Energy-Efficient Design Green Renovation Native American Casinos Sustainable Design and Construction Arena BAS and Security Building Owner Geothermal Technology Green Specifications Sustainable Development Casinos Contractors Brick and Masonry Collegiate Stadiums Designers Cultural Facilities Engineers Building Enclosure (..)
From the March/April 2014 issue. The focus of our 2014 Economic Development Awards is Achievement. Without further ado, here are the winners of our 2014 Economic Development Awards. This quickly expanding success story has earned the Georgia Department of Economic Development our 2014 Achievement in Cluster Development Award.
Architects Concrete Technology Fenestration and Glazing New Project Portfolios Building Owner Glass Cladding On the Drawing Board Contractors Glass Technology Designers Engineers Building Enclosure Systems Facility Managers Government Buildings Hotel Facilities Building Technology Multifamily Housing Construction Office Building Retail Centers Shopping (..)
From the July/August 2014 issue . SL Tennessee will begin construction in August 2014 with a goal of being fully operational by April 2015. 2009 (the Recession officially ended in April 2009, but unemployment didn’t peak until the end of that year) to the most current numbers available (April 2014, Bureau of Labor Statistics).
A beautiful building with impressive performance - the more so because it is a retail facility that needs to attract and engage customers. The site development and integration with the park is carefully considered. MEC raises the bar every time it developes a new store.
real estate recovery is set to continue into 2014, with investors increasingly looking beyond some of the traditionally popular markets to secondary markets in search of higher yields, according to Emerging Trends in Real Estate® 2014 , co-published by PwC US and the Urban Land Institute (ULI). Posted by Heidi Schwartz .
Not only did we more than double our overall volume from 2014 to 2015, but our average value-per-project has doubled in the last two years, too. Low – Retail’s Continued Slump. The retail construction sector was one of our “lows” in our 2014 “Highs and Lows” blog post, and unfortunately it made the list again this year.
From the July/August 2014 issue. To read about the 2014 state rankings, visit this link.). Gilbert is aggressively moving forward with a daring plan to revive two square miles of property with a variety of commercial enterprises, including hotels, casinos and retail stores. By Business Facilities Staff. automotive industry.
Green Building Council released its annual List of the top 10 states for LEED certification in 2014. In 2014, LEED for Existing Building Operations and Maintenance was once again the most popular rating system within the top 10 states, with existing buildings representing 48% of the total square footage certified. Washington, D.C.,
Touting his motto, “It is green building for practical people” Jerry sees the larger growth opportunity in the private sector, from retail to healthcare. The Green Globes Professional Credential online training program is available without charge through April 15, 2014. ” And you can do that for free.
Billion square feet” of building space was certified as of January 1, 2014. Billion square feet had been LEED certified, buried in a February 18, 2014 press release. LEED for Retail: New Construction launched in 2010 has more than 550 registered buildings and more than 375 have been certified.
I would usually concentrate on apartments, hotels, office, retail, mixed-use, etc., There is an across the board need for industrial space and almost every retailer is involved. Given that fact that we’re nearly in 2014, that is a tremendous jump.
Circuit Court of Appeals has nullified the retail electric market Demand Response programs governed by the Federal Energy Regulatory Commission, putting a chink in the armor of the new EPA carbon curbs. Specifically, on May 23, 2014, in Electric Power Supply Association v. shall be encouraged.”
Circuit Court of Appeals has nullified the retail electric market Demand Response programs governed by the Federal Energy Regulatory Commission, putting a chink in the armor of the new EPA carbon curbs. Specifically, on May 23, 2014, in Electric Power Supply Association v. shall be encouraged.”
The latest, Pittsburgh native Jon Davis, CEO of The Davis Companies, paid $14 million in 2014 with the intention of revitalizing it into an amenities-rich commercial center. This 11-story Flemish-Gothic–style building has had several owners.
Brian launched Fraley AEC Solutions in 2014 with more than 20 years of marketing and communications experience and a passion for the Architecture, Engineering, and Construction (AEC) industry. His experience includes retail, independent (hardware) co-op, lumber yards and industrial supply. The survey is anonymous and confidential.
The new construction may be under any of several LEED ratings systems: Commercial Interiors, Core and Shell Development, Healthcare, Retail: New Construction, Schools: New Construction, or Retail: Commercial Interiors; for work completed after the November 14, 2014 retroactive start date.
The new construction may be under any of several LEED ratings systems: Commercial Interiors, Core and Shell Development, Healthcare, Retail: New Construction, Schools: New Construction, or Retail: Commercial Interiors; for work completed after the November 14, 2014 retroactive start date.
Business Facilities : January/February 2014 . BUSINESS REPORT: Indiana – Hat World Puts Expanded Headquarters In Zionsville, IN | Hat World, parent of the LIDS retail chain, invests $21.8 Recent Issues BF-Jan/Feb-2014' FIRST WORD | And The Winners Are. SNAPSHOTS: 60 Seconds… | with Larry V.
Or how often do you visit their websites to see what they consider the latest retail and shopping mall news? Now, 95 posts later, HardHatChat received over 6500 views in 2014 and our audience is continuing to grow. In 2010, HardHatChat was one of the first commercial construction blogs of its kind.
And while the media have largely reported that the Opinion mostly favored the State of Vermont and the positions of GMO labeling advocates, a review of the 86 page Opinion suggests matters are largely unsettled and this decision was the product of the heightened standards for motions to dismiss and preliminary injunctions.
an electronics-focused e-retailer, has announced plans to locate a new warehouse facility in Indianapolis, IN, creating up to 150 new jobs by 2015. The expansion, which is expected to be complete by late 2014, will allow Newegg to serve customers in the Midwest, Chicago and Great Lakes regions. Newegg, Inc.,
million square feet per day average in 2014. Retail - Commercial Interiors. Retail - New Construction. While that is a very large number, it is the lightest month this year and on an annualized basis, Green Business Certification, Inc., is certifying more than 1.8 million square feet every day, which is an increase from the 1.7
Led by the hotel and retail project categories, the commercial sector looks to see the biggest gains in construction spending, with demand for institutional projects increasing at a more moderate level. percent increase in 2014, with next year’s projections raised to 8 percent. frontpage'
Regency Centers Corporation, a publicly traded REIT, completed the sale of $250 million of “green building bonds” on May 14, 2014. With 332 retail properties, the REIT''s portfolio encompasses over 43.9 ” Only days before the green building bond sale, on May 12, 2014, Regency was honored by the U.S.
Retail health clinics, which have been around since 2001, and until recently have been profit question marks, are having their moment in the sun. A recent report by Accenture Consulting predicts that the clinics sector will grow at an average annual rate of 14% through 2017, when their numbers will exceed 2,800, compared to 1,914 in 2014.
grew by 7% to just under $973 billion in 2014, according to estimates by FMI, the Raleigh, N.C.-based Driven by a recovering economy, increasing demand for multifamily housing, and a manufacturing sector buoyed by robust oil and gas drilling and production, construction put in place (CPIP) in the U.S. Body Image: read more.
The council’s development vehicle Siglion Developments is looking for a firm to deliver the remaining design and construction of a 135 homes, 154 s qm of ancillary ground floor retail space and a community allotment known as Kingsley Gardens. It is estimated the project will cost around £24m to complete.
The rebate is 50% of the purchase and installation price capped for residential at $900, commercial at $5,000, and for retail service stations at $7,500. There is little doubt that today, the final day of legislative session, Maryland will change the law to allow Telsa retail stores in Maryland, but is any of this good environmental policy?
Fortune 50 retailer to invest $50 million; will create more than 400 new jobs. Southeast Blog-Dec-2014 Memphis Shelby County Target' Business Facilities (BF) Magazine. Target Corporation To Locate New Online Fulfillment Center In Memphis, TN appeared first on Business Facilities (BF) Magazine.
They have collected data from years 2014-2021 and have determined that there is an average of 60 vehicle/building impacts daily, 500 deaths annually, and 4,000 injuries each year. The top impacted storefronts are retail stores – 29%, commercial buildings – 20%, restaurants – 19%, and the remaining 32% includes “other” buildings.
Commercial real estate investments are expected to produce generally solid returns in 2014, according to the authors of Expectations & Market Realities in Real Estate 2014—The Future Unfolds , an annual forecast report released by Real Estate Research Corporation (RERC), Deloitte, and the National Association of REALTORS® (NAR).
Capital availability from a wide range of equity sources also is expected to improve in 2014, with increased activity by institutional forces. A count of 203 interviews were completed in conjunction with the 2014 Akerman Summit. Interviews took place between January 20 – February 7, 2014. Increased Confidence And Capital Flows.
Check Your Mail - A percentage of resale certificates are auto renewed others will require a form to be filled out with projected sales (retail / wholesale / government / etc.). Let’s figure it out together, what you have done, haven’t done and should have done yesterday and how to make it be better going forward in 2014.
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