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As we flip the calendar over to 2018 this month, it’s a great time to share some of the commercial construction trends we predict will shape our work in the year ahead. #1: As the nature of shopping centers evolve, commercial construction firms will continue to be busy reworking existing mall retail space for new purposes. #3:
In the depths of a historically cold Midwestern winter, one market has remained particularly hot for Chicago commercial general contractors—grocery store construction. Parking is important with almost any retail construction project, but with grocery, it is even more important. Reuse existing infrastructure when possible.
For the most part, a commercial construction firm’s job is pretty straightforward. Here are three examples of when you should reach out to your commercial construction general contractor. Here are three examples of when you should reach out to your commercial construction general contractor. Before You Select A Site.
Between 2018 and 2022, Englewood’s national construction work in the cannabis retail industry grew by 100% and we expect that trajectory to continue as more states legalize recreational marijuana use and cannabis firms expand into new markets. That said, state regulations do add some additional layers to the nuts and bolts of these projects.
As commercial construction news reports say business continues to pick up, we are happy to see some new faces around the office at Englewood Construction. That’s right; we are adding staff to our national commercial general contracting firm in what has been a very robust period of activity. That approach is bearing fruit now.
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.
It’s a mixed bag of commercial construction news for shopping center developement. 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. Most retailers today want less space.
With a number of traditional retailers closing locations or going out of business, they are leaving millions of square feet behind for redevelopment. Our first experience with this was turning an old Kmart into a mixed-use retail development. This adaptive reuse trend is now extending to abandoned big-box buildings.
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.
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 retailcommercial contractor for advice and feasibility studies.
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. The commercial space was in great condition and the infrastructure was there for us to reuse a number of existing elements.
When it comes to choosing a site for a commercial construction or CRE project, finding the perfect match between a brand or concept and an available space is one of the most important steps in the planning process. Does the site match up with infrastructure needs?
For those familiar with Chicago retail 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. Reuse as much of the existing mechanical infrastructure as possible.
As a National General Contractor working across multiple verticals in the commercial construction space, we understand the challenges (COVID and Supply Chain) facing our retail, restaurant, hospitality, and senior housing clients. For example, the project can be risky if you only chase after the lowest bid.
We were pulling a feeder cable through a Chicago retail 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. Find the original general commercial contractor of your project site. What the heck happened?
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. An adaptive reuse project is a creative blend of old and new.
The US commercial building construction market is a massive and competitive landscape, with several leading companies dominating the sector. The commercial construction sector includes office buildings, retail spaces, and industrial facilities, and knowing who the major companies are can provide insights into market trends and opportunities.
But just how would Chicago hosting the Olympics affect the city’s restaurant and retail construction activity ? Given the fact that most national and international retailers already have stores in Chicago, most retail construction will involve remodeling and expansion of existing stores. Here are a couple of my predictions….
CRE developers and owners are continuing to think creatively about filling vacant shopping mall space, and recently the idea of bringing in “ghost kitchens” to fill obsolete retail square footage has started to gain traction. From our perspective, bringing ghost kitchens to malls certainly isn’t a bad use of vacant retail space.
The city with the second largest land mass—and one of the fastest growing populations—in Florida offers plenty of opportunities for commercial development. Read: Commercial Hotspots Thrive In Cape Coral at BusinessFacilities.com.
The construction landscape in New York is set to experience a transformative year in 2024, driven by substantial investments in infrastructure, transportation, and sustainable urban development. The focus is on mixed-use developments that blend commercial, residential, and retail spaces to maximize urban real estate high-rise developments.
Earlier this summer, the installation of more than $200 million in infrastructure, including new roadways and utilities, began in support of Water Street Tampa, a mixed-use neighborhood on 50 waterfront acres in this South Florida metro that, when completed in 2027, will include more than 9 million sf of residential, commercial, entertainment, cultural, (..)
The interesting thing, though, is that commercial and industrial applications for wearables are on the rise and expected to grow exponentially. But AI is already having a huge impact in other industries like transportation, manufacturing and retail, so this technology certainly isn’t going away. BIM to Aid in Eiffel Tower Makeover.
The US commercial construction industry is poised for significant changes and growth in the coming years. This article delves into the key factors shaping the commercial construction landscape, providing comprehensive insights and practical solutions.
Understanding the landscape of commercial construction companies in the United States provides valuable insights for stakeholders, including investors, contractors, and industry analysts. Current Statistics on Commercial Construction Companies 1. Key Trends Affecting the Commercial Construction Industry 1.
The US commercial building construction industry is a vital component of the national economy, representing a significant sector with a diverse array of projects ranging from office buildings and shopping malls to schools and hospitals. Key Players in the Market 1. Each segment has its dynamics and leading firms.
As business and political leaders convene to discuss global challenges at the World Economic Forum annual meeting in Davos, Switzerland, there is a greater appreciation for the importance of real estate in reshaping cities and, therefore, the world’s commercial geography.
Mid-range water reducers – These admixtures provide superior placeability and finishing for concrete flatwork, in commercial and high-end residential construciton. Transportation Infrastructure. Commercial buildings. Infrastructure. Retail buildings. They can also produce high slump at low dosages. Low Temperature.
How to design for adaptive reuse: Don’t reinvent the wheel 0 qpurcell Thu, 08/17/2023 - 09:52 Adaptive Reuse Gresham Smith demonstrates the opportunities of adaptive reuse, specifically reusing empty big-box retail and malls, many of which sit unused or underutilized across the country. Utilize existing infrastructure.
There are five major construction sectors which include Industrial, Commercial, Institutional and Residential and Civil. Commercial Construction Sector. The commercial construction industry is all about the areas of office, retail and entertainment. This sector is often the beating heart of large cities.
While specifications for large commercial projects often limit how much water can be added to the concrete mix, there are often no slump limits or controls over the amount of water added for small commercial and residential projects. Transportation Infrastructure. Commercial buildings. Infrastructure. read more.
While specifications for large commercial projects often limit how much water can be added to the concrete mix, there are often no slump limits or controls over the amount of water added for small commercial and residential projects. Transportation Infrastructure. Commercial buildings. Infrastructure. read more.
From sprawling commercial developments to state-of-the-art infrastructure, these projects are setting the stage for growth and innovation. This project, located on Manhattan’s West Side, is a mix of residential, commercial, and recreational spaces.
as measured by retail electricity produced and sold, serving more than 5.6 The race for a clean energy future is on and placing a premium on regional economies with specialized talent, deep subject-matter expertise and ample infrastructure. Read on to find some locations taking steps to achieve these massive goals. energy innovation.
shares how he expects the COVID-19 pandemic to impact corporate relocation, commercial real estate and the states' battle for new industry and jobs. Boyd, founder of The Boyd Company, Inc., Read: Top 10 COVID-19 Takeaways For Corporate Site Selection at BusinessFacilities.com.
This figure encompasses residential, commercial, and infrastructure construction projects across the nation ( Statista ). Commercial Construction The commercial construction sector includes projects like office buildings, retail spaces, and industrial facilities.
ION Orchard, a 218-meter tall, 56-story retail and residential development, is set to redefine luxury lifestyle and high-end retail experiences in Singapore. This ambitious redevelopment focused on retail architecture and development. Transportation Infrastructure. read more. . return to top. . read more. .
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. Union Station in St.
Identifying the largest construction project currently ongoing provides insight into the scale of modern infrastructure and development efforts. Overview of Major US Construction Projects The US is home to several large-scale construction projects, each contributing to the country’s infrastructure, economy, and urban development.
Transportation Infrastructure. Commercial buildings. Infrastructure. Retail buildings. Functional admixtures. Grinding aids. In-Transit Concrete Management. Water reducer. nsfc dispersion agent. Mass transit. Sports stadiums. Water reducers: Where did they come from?
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