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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. became a multi-tenant commercial construction job…. The answer is none. If your GC doesn’t know that rule, don’t work with them.
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: For example, 20 years ago, it was rare to see a fitness center or medical office in a shopping center. Happy New Year to all of our Hard Hat Chat readers!
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.
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. When working on a commercial construction retrofit , you never know what items you may come across. More specifically it was from the room where O.J.
It’s time to revisit another prediction I made last year in my blog post Commercial Constructions Trends to Watch in 2010 — Outside the Big Box. As for grading myself on that commercial construction trend, I would like to borrow a page from President Obama and say “incomplete.”. Chicago Place shopping mall retrofit. Michigan Ave.,
Office/Industrial. Observations and Conversations about Commercial Construction, Development and Management. What are Today’s Best New Retail Developments? I get asked a lot about commercial construction trends. Recently someone asked me: “What is the best retail center to build today?”. Restaurant. Hospitality.
Construction season is upon us, and you know what that means…rising commercial construction costs. The summer always brings more commercial construction activity, more bids, and, as a result, higher pricing. If there is one aspect of a commercial construction job worth extra investment, it is the planning and drawing stage.
Commercial construction preventive maintenance. Granted the explosion and resulting oil spill is a worst case scenario, but it begs the question: Do you have the appropriate commercial construction preventive maintenance checklist in place? For a more detailed preventive maintenance construction punch list you can email me.
As 2011 comes to a close, it’s time for us to look back on the commercial construction building trends , news and projects of this past year and share our thoughts on the highs and lows in the industry. In fact, our commercial construction budget work was back to 2008 levels. HIGH – Everyone was submitting drawings in 2011.
I don’t know if the cupcakes were made from scratch or out of a box, but they were the best damn cupcakes for one simple reason – they reminded us how important our jobs are and that commercial construction projects touch the lives of everyone big and small. What about satisfied commercial construction client testimonials?
Englewood Construction has worked on a number of Chicago retail construction projects in high-traffic urban areas, such as American Girl Place on Michigan Avenue. Is this a new retail construction trend ? Probably so. Probably so. But, in a residential building like Presidential Towers, you can’t do that.
Hopefully, we’ll see some of those fresh young graduates heading toward a career in commercial construction. I’ll be watching to see how you find your path and leave your own mark on the commercial construction industry. Part of the reason I say this is the current hiring situation in the construction industry. Tel: 847-233-9200 x712.
This quartet from Englewood Construction has almost 100 years of combined commercial construction experience among them -- (l to r) Chuck Taylor, Bill Di Santo, Kim Redmond and Rod Frank. If the story proves true it not only is a blemish on the commercial construction industry, but it shows a violation of trust with a client.
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.
I’ll say it again, 2010 was a rebuilding year for the commercial construction industry. So I’ve created a commercial construction checklist for what we considered the highs and lows of 2010 commercial construction trends. There are still far too many distressed commercial properties on the market. Low – Green building.
Englewood Construction is an expert in winter condition commercial construction practices. While most businesses, including commercial construction projects, were closed on Wednesday, Feb. After all, shopping center landlords, restaurants and retailers couldn’t afford to be closed two days in a row. Same with brick and mortar.
Earlier this month, the Englewood team headed to Las Vegas for RECon , the global retail real estate convention hosted annually by the International Council of Shopping Centers (ICSC). Big Discussion Around Repositioning Vacant Retail Space. The Online Effect.
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 Chicago retail construction to national restaurant construction and hospitality construction.
Luckily, there are all kinds of opportunities for us in the commercial construction industry to go back to “school” and beef up on the latest commercial construction trends and design build best practices to enhance our expertise and construction services. I soak it up like a sponge. Green Building Council. Take this blog for example.
Commercial real estate development involves the process of acquiring, designing, constructing, and leasing or selling commercial properties such as office buildings, retail centers, and industrial parks. Read more on the proper steps to ensure your commercial investment runs smoothly.
In today’s economic climate, most retail development firms, shopping center landlords, office building owners and especially general commercial construction contractors would be wise to take a step back and ask themselves if they are leaving any money on the table when it comes to new business and servicing their customers.
As a National General Contractor, Englewood has a front-row seat to the opportunities and challenges facing the commercial construction industry. reducing store size, retailers can streamline their product offerings, focusing on high-demand items rather than stocking a large and diverse range of products.
For those who don’t know, Englewood Construction is a national commercial construction firm , so our business has been built on servicing our clients where they need us. Wouldn’t it be easier to hire a local commercial contractor? In this case, we were needed in Williston, ND and Glendive, MT. I’m glad you asked.
If not, take a look at the recent issue of National Real Estate Investor or Retail Traffic as each includes a special supplement called “Why sustainability endures in the face of recession.”. Have a question on sustainable commercial construction? Feel free to email me at bill.disanto@englewoodconstruction.com.
Look for a solid increase in commercial construction renovations verses new locations, which should hold especially true with new retail construction. Green buildings across all commercial construction sectors will continue to gain in popularity. What do you think 2010 holds in store for the commercial construction industry?
The same can be said of the relationship between commercial general contractor and subcontractor. We GCs may think we’re the star, but we all know the most successful commercial construction project s require great subcontractors. Back in the ‘90s, Englewood Construction would get tables full of holiday treats from subcontractors.
The travel expenses alone for a non-local general contractor would inflate a retail construction bid to the point where the job isn’t economical. And the way our commercial construction services are set up, we can actually save our out-of-state clients time and money. Rest assured, I haven’t lost my mind. Well, it’s not like that.
I’ve got to ask, are you still competitively bidding the bulk of your commercial construction projects? And here’s why: 1. Negotiating with a commercial contractor allows you to split unforeseen cost savings. Really, you are? Interesting…. 2. Work starts immediately. Reviewing bids can take weeks while negotiating takes days.
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. That was certainly the case with our Englewood office.
With December here, it’s time for our annual post reviewing some of the positives – as well as a few of the challenges – that shaped the commercial construction business in the past year. Here’s a look at our top 2016 commercial construction “highs” and “lows”: Low: Mall Retail Tenants Choose Local over National.
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.
Whether you’re a bank with distressed commercial real estate assets on your balance sheet, or you’re a real estate investor/developer who purchased a foreclosed commercial property, creating a viable workout plan can be an uphill battle. I’m not going to sugar coat it.
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.
Anyone who knows me knows I love to talk about commercial construction trends and share the latest commercial construction news. I now have a rolodex full of new contacts from Chicago that I can easily meet in person for lunch, or have them tour our office as we discuss new projects or the latest Chicago construction news.
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. What’s wrong with a general contractor focused on commercial construction costs and his construction schedule?
Over the last few years, Englewood Construction has been involved in several flagship store and brand expansion projects with our national retail, fitness, and restaurant clients. Flagship Retail Relocation – American Girl Building or relocating national retail flagship stores nationwide is nothing new to Englewood Construction.
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. Of course, restaurants aren’t the only concepts with specific infrastructure needs. What will it take to build out the space?
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 Chicago retail construction to national restaurant construction and hospitality construction.
Whether you’re a business owner investing in a brand-new office space, or a landlord looking to expand your portfolio with some custom-built retail offerings, you may be wondering what kind of builder is best for the job. First and foremost, experience is key in any major project. 2) Dedicated project managers.
Imagine your policyholder walking into their commercial property after a disasterinventory ruined, operations halted and mounting pressure to get back to business. Commercial managed repair programs (MRPs) are the solution to navigating this critical moment. What is a commercial managed repair program?
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.
From residential adjustments toward the suburbs, the incorporation of safety barriers in public facilities, to major changes in commercialretail and restaurant consumer demands, those of us working in the built environment are seeing trends shift at a pace faster than ever before. .
According to Englewood Construction, prepping commercial facilities to reopen should include reviewing mechanical systems and rescheduling missed preventative maintenance appointments (*photo taken pre-pandemic). A version of this post was published in Illinois Real Estate Journal as a bylined article from Englewood Construction.
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