This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Now that spring is officially here, I wanted to reflect on the Chicagoretail construction trends and news we’ve seen so far in 2011. From the new commercial construction projects we know are in the pipeline, to what I heard at the recent Bisnow ChicagoRetail Summit , I am cautiously optimistic. Good News/Bad News.
Chicago Place shopping mall retrofit. But that doesn’t mean we aren’t seeing interesting retail construction projects or innovative commercial construction retrofits, like the 23 up-and-coming new-store concepts as noted by Retail Traffic. There also is definitely something in the water with baby/children-focused retailers.
Englewood Construction recently completed a Season’s 52 on Chicago’s Magnificent Mile. 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. In Glenview, Ill.,
Michigan Avenue in Chicago is seeing a mix of high-end retailers and value retailers, a trend that will continue in 2013 in markets across the country. This mix benefits retailers such as American Girl, which Englewood built out in 2009 at Water Tower Place, as more foot traffic passes through the area.
As a shopping center landlord or retail developer, you might find yourself with a big empty retail space you need fill – especially if you had Borders or Circuit City as a tenant. Of course the best Chicago commercial contractors will also factor due diligence with municipalities into their budgets. The answer is none.
In fact, Chicago cupcake restaurants and food trucks are popping up all over the place. However, the best Chicago cupcakes Englewood Construction ever had were the ones from our latest Chicago education construction job. Cupcake restaurants are hot right now in restaurant construction trends.
What are Today’s Best New Retail Developments? With the way the commercial real estate market has been the last several years, people are looking to commercial construction experts for the best construction tips on how to proceed with a successful new retail development. Restaurant. Shopping Center. Hospitality. Office/Industrial.
The Chicago blizzard of 2011 is a story we’ll be talking about for generations. 3, 2011, that didn’t mean the best Chicago contractors weren’t working. After all, shopping center landlords, restaurants and retailers couldn’t afford to be closed two days in a row. Any commercial project started after Dec.
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.
in Chicago. For those familiar with Chicago, you may also know this store offers a prime corner location on the city’s famed Magnificent Mile. But what I want to do is tell you what you may not know about the retail space construction of this Zara store and how to apply this information to your next retail construction project.
Don't forget to vet your general contractor's background and experience when reviewing bids. While there are three sides to every story, recent commercial construction news stories like this one from the Chicago Tribune , “Construction firm caught in contract probe” , really burn me up. Playing fair starts at the top.
For those familiar with Chicagoretail construction , think back a couple of years to when the dated Orland Park Place interior mall underwent construction and turned itself inside out to became one of the area’s most successful outdoor shopping centers. Sportmart at Orland Park Place (now a Sport Authority).
We saw drawings for new Chicago restaurant projects, retail construction work, office renovations, school construction and learning center additions – you name it, we saw it. LOW – Unfortunately, we weren’t the only ones receiving drawings to bid on new commercial construction projects. And some firms had 11 GCs bid on jobs.
With four months under our belt, I think the time is right to revisit one of the trends I mentioned called “Back on Track” and its relevance to the retail construction industry. As for new retail construction, it seems the big winners are niche retail brands that dominate a market category, such as American Girl and lululemon.
What Every Developer Should Ask General Contractors During the Retail Construction Bid Process. For my first blog post, a lot of people at Englewood Construction suggested I write about how to choose a retail construction company. Does your proposal include the complete scope of work specified in the bid documents?
Englewood Construction is currently negotiating a contract with Mrs. Green’s to convert former Fox and Obel in Chicago. For us, this arrangement is far more preferable to the common competitive bid process. Here are the top three reasons to work with general commercial construction contractors in a negotiated bidding process.
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. Jobs that used to have 2-3 bids, now have 10. High – Niche or value-driven retail construction. 3 Dollar General.
Englewood recently began work on Season’s 52 in Chicago. The summer always brings more commercial construction activity, more bids, and, as a result, higher pricing. Also, a lot retail construction projects are initiated in the summer to have everything complete by November 1, just in time for the holiday shopping season.
While I think everyone in the retail industry likes to hear news that 2011 retail sales are up – as it usually means new retail construction projects are in the pipeline – it’s still tough for shopping center landlords to make deals work with retail tenants. This is most popular with big retail leases in 2011.
Don’t always take the lowest bid. The low-bidding general contractor was often in over its head, which meant deadlines were missed or work was shoddy and another, more experienced GC was brought in to finish the job—at an additional cost. While bidding on the commercial construction remodel of a 500+ sq. Take a leap of faith.
With so much desirable retail space available, many brands were taking advantage of desirable shopping center rents and tenant allowances to add a new store location and increase market share. While sustainable construction was a hot button in 2010 office construction, green retail and restaurant construction did not gain as much traction.
Value-based retailers like hhgregg, Ross Dress for Less and Savers should experience construction growth in 2012. It’s that time of year when our team predicts the 2012 commercial construction trends – from what’s on tap for Chicagoretail construction to national restaurant construction and hospitality construction.
The activity level that we saw in the fourth quarter of 2012 in new retail, restaurant and hospitality construction projects is double what we saw a year earlier. As a result, we filled five commercial construction job openings recently to handle the inflow of bid work. We also retained 100 percent of our staff during this time.
On one hand, retail sales continue to show improvement from last year, yet the suburban shopping mall – or at least the traditional enclosed shopping mall – seems to be on the way out. Also, heed my warning on hiring low-bidding pick-up truck contractors. Most retailers today want less space. Qualify your team.
After all, that’s what happens when you work as a shopping center general contractor as well as a national retail contractor. You hear the good, bad and ugly from shopping center landlords, mall and retail developers, architects and subcontractors. Allow design and construction teams to interact early with jurisdictional authorities.
I like caramel corn as much as anybody, but I would tell subs there were only two things we needed – a competitive bid and outstanding service. Without the best bid, we can’t win the project. And without the best service, the bid is meaningless. So, how do you ensure that you have and retain the best subs available?
The difference is we weren’t on vacation; we were bidding new restaurant and hotel construction jobs to keep up with the thousands of new residents moving to the area due to the oil boom. a flagship store in a vertical mall like Water Tower Place in Chicago…. What’s your project?
I’ve got to ask, are you still competitively bidding the bulk of your commercial construction projects? When you competitively bid a project your general contractor can find a subcontractor that gives a lower construction estimate than what was in the original bid and pocket the savings for themselves. Really, you are?
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.
We were pulling a feeder cable through a Chicagoretail construction project when we heard the explosion. At one point or another, even the best Chicago commercial construction contractors are susceptible to a construction site demon. Then, the transformer blew out. What the heck happened? Step 3: We fixed the problem.
The spot is about the costs of commercial construction and how buying building materials in bulk can help GCs save money and bring down a construction project bid so they win the contract. More importantly, are you even ordering the right or best materials for your new retail construction or restaurant renovation job?
Value-based retailers like hhgregg, Ross Dress for Less and Savers should experience construction growth in 2012. It’s that time of year when our team predicts the commercial construction trends for the upcoming year– from what’s on tap for Chicagoretail construction to national restaurant construction and hospitality construction.
Thanks to clients who put their trust in us, we’ve built on our roots in tenant interior finish jobs and retail in-store build-outs and found our niche in ground-up projects, flagship stores and high-end restaurant construction and hospitality work. Low – Retail’s Continued Slump.
In fact, last year, the value of all commercial construction contracts signed in the Chicago area was close to $10.6 Interestingly enough, we have found owners for many of the commercial construction projects out-to-bid are looking to work with design-build construction firms. True partnership. Bill Di Santo.
Bill Di Santo, president of Englewood Construction (second from right), and the Englewood accounting team receiving recognition from the Chicago Chapter of the Construction Financial Management Association (CFMA) for participating in their 2014 Accounting Intern Program. Align with education. Tel: 847-233-9200 x712.
According to the fall 2009 issue of Development magazine, while hotels and retail properties are the most problematic in terms of default, foreclosure or bankruptcy, office distress is up 118 percent year-to-date in 2009 versus 2008.
The other day I was talking with a Chicago-area client who didn’t realize Englewood is a national general contractor that manages national commercial construction projects across the country. He asked me, “You only have offices in Chicago, right? So how does that work?”. It can be a time saver, as well as a money saver.
President Obama has awarded Chicago a $70 million grant from the Department of Defense to build a $320-million Digital Manufacturing and Design Innovation Institute. Mark Kirk, representatives from UI Labs and World Business Chicago, and various industry partners who supported the winning bid were at the White House for the announcement. “We
And without anything to print, then there’s nothing to mail – no more fees for overnight bid-request mailings. By moving all correspondence and documents online you eliminate the cost to print dozens of copies of blueprints, design-build schedules, etc.
Key Steps Commercial Developers Can Take to Ensure Their Contractors are Financially Stable. In today’s market there’s no such thing as too much due diligence – especially when it comes to checking the financial stability of your contractors.
The mixed-use project will include retail, office, residential and entertainment spaces. A Chicago-based partner who joined Trahan brought to bear his experience at Skidmore Owings & Merrill on a series of convention-center projects in China. ENR Texas & Louisiana. share: more » print. Architect To Design Major China Project.
That’s the Walgreens, the country’s second-largest health and wellness retail brand. Dennis called up to Walgreens’ home office in Deerfield, Illinois, near Chicago. The project bids in seven days.”. Bids are still due Friday.”. It was news to Jerry, who in turn called Dennis Calvert right away. There’s no room for you.
We also configured our Renewable Energy Leaders category to rank the metros that are using the most renewable energy, with some surprising results (hint: the top-ranked metro is the home of the oil bidness). (To Lexington is a diversified growth engine for health and educational services, technology, retail trade, and manufacturing.
EFH owns Texas power generator Luminant Energy, retailer TXU Energy and 80% of transmission and distribution utility Oncor Electric Delivery. ESD), a Chicago consulting engineer specializing in high- performance building systems. Chicago, as a result of a July 20 acquisition, the new parent tells ENR. Dessau is No.
We organize all of the trending information in your field so you don't have to. Join 116,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content