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Englewood Construction recently began renovation work on the Brazos Mall in Lake Jackson, Texas. It’s taken some time, but shopping mall commercial construction activity is back in a big way, as owners and operators have initiated only what can be described as a renovation renaissance. However, this is not just a Chicago trend.
With our firm’s long track record in retail construction, we’ve witnessed firsthand the ebb and flow of activity across this sector over the years. It’s true the retail mix among flagship stores in prime locations is changing. Today, many of those traditional mall retailers have closed their flagships.
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.
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.,
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.
There are some great opportunities, especially in retail construction , as highly motivated landlords are offering prime locations with attractive rents. You can bet smart retailers will continue to mimic the magic shopping experience Apple has created with their retail stores. Apple Magic. International Invasion. Fast-Casual.
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.
The same can be said for all those savvy national retailers who are currently taking advantage of the availability of prime space at regional shopping centers and decreased construction costs in order to enter high-profile markets. Retail Power Center. will say those retailers and shopping center developers are crazy like a fox.
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).
Recently, our director of operations Chuck Taylor was featured in a Chicago Tribune article based on the reporter’s curiosity about a hotel peephole he kept in his office. What made this peephole so interesting was that it was salvaged from the hotel construction renovation we did of a HoJo in Chicago.
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. In my experience, the most successful retailers choose these qualities over a low bid every time.
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. Developers and retailers that would normally go 2 deep in bidding went 4 deep. HIGH – Everyone was submitting drawings in 2011. I was wrong.
With the shuttering of stores like Circuit City and Linens N’ Things, big box retailers looking to gain market share certainly have their choice of vacant store locations in prime markets and shopping centers. As to why the client chose not to use existing elements in its construction renovation, there are a couple plausible reasons.
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.
Englewood’s business development team attended ICSC’s CenterBuild conference in December, where conversations revolved around retail activity and opportunities in 2020. Retail Developers Will Play All Sides: . As we’ve discussed previously on this blog, there are unique challenges and opportunities associated with work in this arena.
A national commercial construction general contractor can provide clients rough market-specific cost estimates for building the same concept in different cities, as Englewood does for retailer Hobby Lobby. They were surprised because they assumed we could only give them a budget for Chicago, our local market.
It was a busy year for shopping center renovations, like the new food court construction at Westfield's Old Orchard shopping center in Skokie, Ill. 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.
I recently attended a senior housing conference in Chicago where a panelist discussed the challenge senior housing operators face in hiring and retaining caregivers and other staff given the high hourly wages offered by employers like Amazon. Developers Think Outside the Big Box to Fill Retail Vacancies.
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. The best Chicago construction firms play by the rules and do business above board. I don’t mean to come off as preachy, I’m just mad.
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. We’ve also promoted several hard-working members of our team who have helped make Englewood one of Chicago’s best general contracting firms.
When we began the company, our core competency was in national retail and restaurant construction. From big box retail construction and high-end national retail construction to fast-casual dining and white table cloth, award-winning restaurants, we do them all now. Make big plans; aim high in hope and work.”
If your retail construction contractor can build retail stores like this on Michigan Avenue…. If you did retail construction for Hollywood Videos then you couldn’t build Blockbusters. If you did retail construction for Hollywood Videos then you couldn’t build Blockbusters. It’s the same “who’s on first?” Bill Di Santo.
When it comes to current retail and commercial construction trends , we all know there aren’t a lot of new shopping centers under construction right now, or new office buildings under construction for that matter. we came in on time and under budget without one complaint from any of the retailers. Q uiet over there! No complaints?
For example, in Englewood’s home market of Chicago, the Commission on Chicago Landmarks must do a comprehensive review of drawings to make sure they meet its qualifications, rules and regulations, before the project goes before the Chicago Department of Buildings for permitting.
Case in point, a developer once asked us to price out a retail-to-restaurant conversion on the first floor of a Chicago high rise. Recently we worked with a national appliance manufacturer to scout existing retail locations for a prototype of a new branded laundromat concept. Will any “unbranding” be necessary?
Where coffee meets Willy Wonka is what Starbucks fans will find at its Chicago Reserve Roastery on Michigan Avenue, in a renovation that turned the 43,000-sq-ft space into a retail experience as much as a coffee outlet and cafe.
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.
Retailer reinvention is good for commercial general contractors. Consumers came back to the market in 2014 and retailers and restaurateurs felt the benefits. Retailers were not content to simply put up new locations with old blueprints and designs. As retailers and restaurateurs set to reinvent themselves, so do we.
More importantly, are you even ordering the right or best materials for your new retail construction or restaurant renovation job? Buying construction materials in bulk today won’t help your construction budget if prices for those materials are expected to drop tomorrow.
Englewood Construction is in the midst of two adaptive reuse projects right now – one a former meatpacking facility in Chicago that we’re updating for office, retail or restaurant use, and the other a former convent we’ll be converting into a senior living community.
Adaptive reuse: 5 benefits of office-to-residential conversions FitzGerald completed renovations on Millennium on LaSalle, a 14-story building in the heart of Chicago’s Loop. OFFICE-TO-RESIDENTIAL – A NATIONAL TREND This trend goes far beyond Chicago. Model kitchen at Millenniium on LaSalle.
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.
Bricklaying and renovations done by Walter’s Masonry of Illinois has worked on many homes and buildings in the Chicago and Northern suburbs that ensure reduced life-cycle costs and protection from the chilly Chicago climate. One way to ensure your house is well insulated is with the right masonry. Basic Updates.
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 City of Industry, CA-headquartered company will invest $20 million to lease, renovate and equip an order fulfillment facility in Indianapolis. Newegg’s California headquarters.
Embedding resilience into building solutions is the theme at the BUILDING Chicago /Greening the Heartland expo and conference , September 9-11 at the Holiday Inn Chicago Mart Plaza. Body Image: read more.
Leopardo Companies, a construction firm serving Chicago and the Midwest, has released its 2017 Construction Economics Report and Outlook, an in-depth analysis of factors that impact development, renovation and build-out costs in commercial facilities, including the office, industrial/manufacturing, retail, multifamily, healthcare and lodging sectors. (..)
In fact, last year, the value of all commercial construction contracts signed in the Chicago area was close to $10.6 Englewood Construction is currently working on a design-build project for the renovation of Stratford Square mall in Bloomingdale, Ill. Based on our backlog and client activity, we predict record growth in 2015.
Savvy property owners acknowledge the role a base building plays in attracting and maintaining occupancy, but the traditional playbook that counts on leveraging a lobby renovation, public area refresh, or amenity addition to lure workers back to the office is proving less and less relevant and effective. 200 West Madison Street, Chicago, Ill.
462 buildings); Chicago (353); New York (325); and Atlanta (304). With 528 buildings totaling 112.5 million sf, Los Angeles topped the EPA's ranking of the U.S. metropolitan areas with the most Energy Star certified buildings in 2012. Rounding out the top five are Washington, D.C. read more.
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