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It’s already been a busy year for Englewood’s Restaurant Construction division, with a wide variety of projects ranging from ground-up new construction and interior renovations to commercial kitchen work. Some of the most interesting commercial kitchen construction projects we’ve been working on actually have nothing to do with a restaurant.
as mall owners and retail tenants figure out who will be responsible for commercial construction services in a “build to suit” shopping center construction space. This space has virtually been untouched by a landlord’s commercial construction general contractor. This is most popular with big retail leases in 2011. Vanilla box.
Given that our firm already has experience working with clients on medicinal and recreational marijuana dispensary construction projects in other states, we know firsthand that this legislation will quickly lead to new activity in the local commercial real estate and construction landscape. Good News for the Local Retail Landscape.
It’s a mixed bag of commercial construction news for shopping center developement. Make sure the commercial construction team you hire not only has shopping center construction experience, but also retail and restaurant construction experience. You want a general commercial contractor who understands all parties’ needs.
As the economy improves and prices hit bottom, these transactions have become more realistic for commercial real estate investors when compared to past years. Perhaps the most important aspect in this process will be engaging a national retail commercial contractor for advice and feasibility studies. www.EnglewoodConstruction.com.
First of all, the time frame for leasing and building out a space – whether a dispensary or cultivation facility – is often dictated by when new laws around marijuana usage go into effect. They use an inordinate amount of water and power, and so the appropriate infrastructure must be in place to support them.
I do not anticipate new restaurateurs signing long-term leases for a two-week event. What are your thoughts about how the Olympics will affect commercial construction in Chicago? Ditto for restaurants. Retail and restaurant construction would most likely start in 2015. I say back the bid! Bill Di Santo. Tel: 847-233-9200 x710.
Penske has opened a new truck rental, leasing and maintenance facility in Phoenix. PRNewsFoto/Penske Truck Leasing). Penske Truck Leasing held a grand opening event in Phoenix to introduce a new state-of-the-art facility. Posted by Heidi Schwartz. Southwest Blog-May-2013 Penkse Phoenix'
Office Buildings Engineers M/E/P Systems Reconstruction & Renovation Resiliency Sustainable Design and Construction The trend toward building electrification in commercial properties with a view toward decarbonization is increasingly at the forefront of the effort to mitigate climate change.
Workplace campus design philosophy: People are the new amenity 0 qpurcell Thu, 03/28/2024 - 10:33 Office Buildings Nick Arambarri, AIA, LEED AP BD+C, NCARB, Director of Commercial, LPA, underscores the value of providing rich, human-focused environments for the return-to-office workforce. Photo courtesy LPA Accessibility is key.
With the State of California encouraging housing development in commercial zones, these projects are prime opportunities for alleviating the housing crisis. Rarely are mall properties owned by a singular entity and they come with handfuls of long-term lease agreements with retailers.
With demand, rents and property values increase, and the people who called the neighborhood home before the infrastructure improvements took place are priced out. This means making sure ground floor spaces are designed and structured to allow affordable leases. This created an awareness of all the areas that needed to be addressed.
First, mixed-use developments allow for the consolidation of infrastructure as opposed to designing and building independent systems. Second, consolidated infrastructure naturally leads to consolidated operations. That’s aided by the longer-term leases developers can secure from commercial tenants.
After leasing the U.S. million-square-foot global command center in Mesa’s Elliot Road Technology Corridor; a key factor was the Corridor’s robust infrastructure. Vistancia Commercial Core: 320-acres in the affluent, growing community of Vistancia. Zoned mixed-use/commercial. Available infrastructure and utilities.
Southwest Louisiana’s attractive infrastructure and strong workforce made Lake Charles an ideal location for our planned facility,” Brand said. “We The company plans to begin hiring in early 2015, with commercial operations to begin in 2018. The Port’s staff and board of commissioners look forward to doing business with the company.”.
Solar trees at Florida's Babcock Ranch, where sustainability is built into the infrastructure. A common misconception is that to get to zero energy or zero energy-ready, your homes have to be all-electric," says Bryan Cordill, director of residential and commercial business development at PERC. Photo: courtesy Babcock Ranch. .
Alabama Infrastructure Grant Program: Funds are available to public entities for extension of water, sewer and road facilities to service new or expanding industries. The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. ALABAMA - updated for 2014.
We selected Louisiana as the site for the state-of-the-art, steam-cracking facility and adjacent ethylene glycol plant due to the advantages of existing infrastructure, including access to competitive feedstock resources, as well as the distribution infrastructure and a skilled and well-trained workforce,” Chung said.
Carving out or adding a glass-enclosed area with couches and movable partitions creates a venue space that can convert between more intimate gatherings to larger functions, or even be leased to a local retailer or host rotating pop-up shops. was built before the start of the 21st century.
As reported in the firm’s earlier studies, commercial real estate surrounding major U.S. Developers, investment interests and supply chain executives remain optimistic about our nation’s seaports,” said John Carver , Head of Jones Lang LaSalle’s Ports Airports and Global Infrastructure (PAGI) group. What’s Happening in Panama?
These areas are not only conducting advanced semiconductor manufacturing, design and commercialization, bat are training workers for jobs that can compete on a global scale. In the Rochester area, CNSE’s Smart System Technology and Commercialization Center (STC) offers state-of-the-art capabilities for MEMS fabrication and packaging. “If
In addition to the capital improvements at the 35-acre industrial property, Module X Solutions will seek a long-term lease of the site that is subject to final approval by the Shreveport City Council. The company will complete renovation work by the end of 2015. million performance-based grant and a $1.8
It also showed that commercial construction remains slow and residential real estate markets weak. Commercialleasing, however, is on the rise in Richmond, Chicago, Minneapolis, and Kansas City districts. Commercial/Industrial is up 52.7 Institutional is up 50.6 from 49.8, and mixed is up 47.8 West is down 48.4
Located six miles north of downtown Indianapolis, Broad Ripple Village is in the midst of a $271 million improvement plan, from infrastructure to beautification. Gershman Partners will spearhead the leasing and management of 3,600 sf of ground-floor retail space with an outdoor patio below the residential living space.
Roughly 20 million foreigners visit Mexico each year thanks to a well-oiled tourism infrastructure, rich cultural events and famous stretches of beach. The site will produce a wide range of polymer storage and technology products designed for the food service, commercial and healthcare markets.
INVESTING IN 21ST CENTURY INFRASTRUCTURE. Stafford County has put a high priority on investments in infrastructure, including high-speed broadband as well as traditional transportation projects. Based in northern Virginia, SummitIG is a custom network solutions and bandwidth infrastructure provider.
A central element of the public-private partnership that secured the IBM center is the construction of a mixed-use, riverfront complex that will be developed by Commercial Properties Realty Trust (CPRT), a real estate investment trust that manages and develops property holdings of the Baton Rouge Area Foundation (BRAF).
The Greenhouse accelerates technology commercialization with seed and early-stage companies; connects investors with its Investment Portfolio companies; expands established life sciences ventures and relocates biomedical companies to Pennsylvania. Maximizing resources also is a critical key to success. million passengers annually.
Highlights include the largest industrial spec development lease in the last five years in Broward County. The city contracted with the Buxton Company to develop a comprehensive retail assessment and analysis to support the commercial districts and the attraction of private developers and retailers. Brick City Development Corp.
ALABAMA INFRASTRUCTURE GRANT PROGRAM: Funds are available for extension of water, sewer and road facilities. The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company.
The Washington, DC-based provider of commercial real estate information, analytics and online marketplaces also considered locations in the Southeast and Midwest for the project. CoStar Group will invest $8.17 million in a new research and software development center in Richmond, VA.
SRP executed on substantial load requirements while working in concert with Eastmark Developer DMB and the City of Mesa infrastructure needed for the project. million from the City of Baton Rouge/East Baton Rouge Parish to support infrastructure and operating costs of the IBM facility; $29.5
Since everyone has been bemoaning the decaying state of America’s bricks-and-mortar infrastructure, we decided to accentuate the positive by bestowing our new IT Infrastructure award on three metros that bucked the trend and took matters into their own hands. ACHIEVEMENT IN IT INFRASTRUCTURE. Synthetic natural gas.
However, the competition is heating up as other ports build up their infrastructure and dredge their channels to get ready. The P3 project is a 50-year agreement between the Maryland Port Administration (MPA) and Ports America Chesapeake to lease and operate the 200-acre Seagirt Marine Terminal. In May 2013, CSX Transportation Inc.
FEC signed a lease agreement with Broward County in March 2012 to build and operate the intermodal facility for 30 years. The remaining $35 million in costs will be covered by the FEC, with $30 million from an FDOT State Infrastructure Bank loan and $5 million from the FEC capital plan.
The Granite Ridge Development District: The creation of the Granite Ridge Development District, a 913-acre commercial and entertainment zone, involved policy changes as well as active investment attraction. The city rezoned the acreage for maximum density and favorable construction conditions beneficial to commercial developers.
Food-related manufacturing is present in many of the public power communities across the state, largely because the communities have a low cost of operation and a wealth of infrastructure to aid in the production process. Within the industrial parks, all sites have utilities and other necessary infrastructure in place.
Overseen by the Coordinating Council for Economic Development, it is the Coordinating Council’s primary business development tool for assisting local governments with road, water/sewer infrastructure or site improvements related to business location or expansion. TAX INCENTIVES. be certified by the Department of Commerce.
Economic Development Fund: The new FastTrack Economic Development Fund expands Tennessee’s current FastTrack infrastructure and job training program by providing additional grant support for companies expanding or locating in Tennessee with reimbursable grants made to local industrial development boards. FINANCING & GRANTS.
Overseen by the Coordinating Council for Economic Development, it is the Coordinating Council’s primary business development tool for assisting local governments with road, water/sewer infrastructure or site improvements related to business location or expansion. be certified by the Department of Commerce.
Avis Devine is an Associate Professor of Real Estate with the Brookfield Centre in Real Estate and Infrastructure at Schulich School of Business, York University in Toronto. Much of my work to date has explored the impact of third-party certification on the asset level.
Avis Devine is an Associate Professor of Real Estate with the Brookfield Centre in Real Estate and Infrastructure at Schulich School of Business, York University in Toronto. Much of my work to date has explored the impact of third-party certification on the asset level.
Indirect Loans: The West Virginia Economic Development Authority provides a loan insurance program through participating commercial banks to assist firms that cannot obtain conventional bank financing. Working capital loans and the refinancing of existing debt are not eligible. TAX INCENTIVES. WORKFORCE TRAINING.
Cities are not just growing outward but are also being redeveloped to accommodate higher densities and more complex infrastructures. Transport and infrastructure projects As urban areas grow, the need for improved transportation and infrastructure becomes more pressing.
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