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Commercial Construction Trends: The Highs and Lows of 2016

HardHatChat

Here’s a look at our top 2016 commercial construction “highs” and “lows”: Low: Mall Retail Tenants Choose Local over National. As a national commercial construction firm, it’s not surprising the majority of our 2016 revenue came from work outside our home market of Chicago. High: Big Opportunities in Big Box Retail.

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What a Chicago 2016 Summer Olympics Means for Chicago’s Retail and Restaurant Construction Industry

HardHatChat

There’s no doubt that local businesses will have much to celebrate if on October 2, 2009, Chicago wins the 2016 Summer Olympics bid. But just how would Chicago hosting the Olympics affect the city’s restaurant and retail construction activity ? Retail and restaurant construction would most likely start in 2015. Bill Di Santo.

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Best and Worst of Commercial Construction Practices in 2009

HardHatChat

Low – Chicago losing the 2016 Olympic bid. When Chicago lost the 2016 Olympic bid this fall, it was a devastating blow to the city’s restaurant and retail construction industry. High – Niche or value-driven retail construction. Retail construction projects in niche or value-driven markets. 3 Dollar General.

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Caterpillar August Y2Y Retail Sales Up 11%

Construction Equipment

Caterpillar released its retail sales statistics today for the three months ending in August 2017, showing total global sales up 11 percent over this time last year supported by a surge in the Asia/Pacific market to 44 percent over August 2016. North American sales in August were up 1 percent.

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Hotels are becoming the favored places for retailers and consumer products to bolster their brands

BD+C

That’s particularly true of retail and consumer brands at a time when the drawing power of physical stores has been diluted by the proliferation of online options that accounted for $349.9 billion in sales in 2016, a 15.6% Companies are always looking for ways to extend their brands to new customers.

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OSHA Electronic Records Submission Delayed, But Not for Long

FDR Safety

OSHA recently announced another delay in the deadline for employers to electronically submit their 2016 injury and illness data to the agency. The list covers all or portions of industries such as construction, manufacturing, retail and department stores, hospitals, nursing homes, and even amusement parks and arcades.

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JLL Report: Retail renovation drives construction growth in 2016

BD+C

A strong retail sector has helped drive 2016 U.S. construction activity with retail construction projects up 24.4% year-over-year. Overshadowing the good news is a cloud of economic uncertainty that has companies laser-focused on lean budgeting and smart spending decisions. .

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