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Commercial Construction 2020 Trends: Cannabis Retail, Senior Housing and Restaurant Construction Lead the Way

HardHatChat

Englewood’s business development team attended ICSC’s CenterBuild conference in December, where conversations revolved around retail activity and opportunities in 2020. As we kick off 2020, we have a lot of optimism about our industry and the sectors we’re active in, but we also recognize there will be challenges ahead.

Retail 31
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No Slowing Down for Home Improvement Projects and Sales

Pro Builder

According to MarketWatch, home improvement retailers Home Depot and Lowe’s have a 17% and 12% market share, respectively, and Bank of America predicts the two will continue to see gains. Bank of America also estimates 2020 home improvement sales and services reached $767 billion, making it the 20th largest economy in the world. “As

Banking 98
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Rising Lumber Cost Pushes New Home Prices Up $14,000

Pro Builder

Fri, 08/21/2020 - 09:24. Builders do not in general buy lumber directly from sawmills, but from an intermediate wholesaler or retailer—often a lumber yard (see Buying Products for Home Building & Remodeling: Who and Where). Rising Lumber Cost Pushes New Home Prices Up $14,000. cbroderick.

NAHB 111
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These Tradeswomen Are Working to Diversify the Construction Industry

Pro Builder

Wed, 09/16/2020 - 09:11. said she always had an interest in the trades, which grew stronger when she worked in corporate human resources for a large retail home improvement company where she took full advantage of an employee discount. “I These Tradeswomen Are Working to Diversify the Construction Industry. cbroderick.

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Why Builders Wait to See Lower Lumber Prices

Pro Builder

The problem for home builders and remodelers is that although lumber futures have begun to moderate, lumber packages quoted to builders have held at or near record highs. Retailers and wholesalers do their best to buy low and sell high. National Association of Home Builders. New-Home Prices Squeeze Out Lower-Income Households .

NAHB 98
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Father-Daughter Duo Turns Commercial Building Into Affordable Housing

Pro Builder

worked to rehab a vacated property and make it fit for occupancy, and by June, it will be a residential haven for dozens of new tenants In 2020, father-daughter duo Marva Hammond and Charlie Falletta formed the nonprofit Southbridge Community Services and bought a dilapidated building in the Southbridge neighborhood of Wilmington, Del.

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This Father-Daughter Duo Turned an Empty Commercial Building Into Affordable Housing

Pro Builder

At just under 13,000 square feet, the building was fully remodeled for mixed retail and residential use, and in a few weeks, its first tenants from a homeless shelter will move into their new apartment homes, the Delaware News Journal reports. Read more Remodeling Projects Build to Rent Build to Rent