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Successful commercial construction projects hinge on more than just technical expertise; they require a strategic and collaborative approach. For Directors of Construction, engaging the right general contractor (GC) who can work seamlessly with commercial architects is essential to mitigate risks and achieve project goals.
Over the past 20+ years, Englewood has completed over 2500 commercial construction projects in the retail, restaurant, hospitality, senior living, industrial, cannabis, and automotive sectors. For example, at Englewood Commercial Construction, early collaboration is a core part of our process.
In commercial general construction, trends come and go…and, sometimes, come right back again. Now, that is not to say there has not been a decent amount of new Chicago retail construction , or nationwide work in the past two decades. This is a retail construction trend that we have seen established since 2008.
With 2013 behind us, we wanted to look back at the year that was in the commercial construction industry. Some of the 2013 commercial construction trends we predicted came to pass, some were more significant than we originally thought they would be and others emerged that caught our attention. Not your parents’ mall.
If you are a player in the retail world, odds are you spent a few days in Las Vegas last month at ICSC’s “ Global Retail Real Estate Convention ” (RECON). It’s always an exciting event for the retail real estate industry. Here are my three takeaways for retail construction trends from RECON 2014: Money is out there.
We are coming into the final stretch of 2013, a year that has been rather good for the commercial construction industry. 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.
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.
One of the biggest challenges for commercial construction firms today is the tighter project timelines that have become the norm at every phase of a project – from shorter deadlines for submitting initial bids and budgets, to quicker resolution on addendums and change orders, to compressed schedules for construction and delivery.
January is a great time to create a commercial construction checklist of resolutions to help improve your commercial real estate business in the coming year. Schedule a commercial construction preventive maintenance visit. While bidding on the commercial construction remodel of a 500+ sq. Get online.
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.
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.
Coming out of the International Council of Shopping Centers’ RECon convention in Las Vegas last month, there’s been a lot of conversation in the media around the future of retail development. 2) Vehicles to “Drive” Mall Traffic. 2) Vehicles to “Drive” Mall Traffic.
We don’t like to get hung up on milestones too much at Englewood Construction, but I think we would be remiss if we did not take a little time to reflect on the firm’s 10-year anniversary and the current state of our national commercial construction company, as well as acknowledge all of the people and hard work that got us to where we are today.
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.
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. Shopping Center. Hospitality.
Earlier this year, one of our favorite clients, American Girl, announced plans to take its brand on the road via an American Girl musical debuting with a nationwide tour this fall. Typically, when building out a first-floor retail space, we can remove storefront windows in order to bring in oversized equipment and materials.
Hopefully, we’ll see some of those fresh young graduates heading toward a career in commercial construction. Not only are these programs more commonplace today, but they are also increasingly sophisticated in giving students a well-rounded background in construction techniques, planning, construction management and technology.
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.
If the right team and plan are in place, there are a number of outdated malls that could turn into successful shopping center retrofits. It’s a mixed bag of commercial construction news for shopping center developement. You want a general commercial contractor who understands all parties’ needs. Bill Di Santo.
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.
For savvy commercial real estate investors and venture funds, terrific opportunities exist today to purchase and reposition underperforming shopping malls. Consumers kept money in their pockets, retailers stopped expanding and owners ceased new retail construction for their facilities. 4) Solid retail connections.
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.
With the countdown on to 2020 – and the start of a brand-new decade right around the corner – it’s time for our annual look back at the commercial construction industry “highs” and “lows” from 2019. Even as the labor situation improves, it’s being outpaced by a high commercial construction activity level across the country.
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.
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.
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.
As we close in on the final days of 2017, it’s time once again for our annual commercial construction blog post reflecting back on the positives – and the negatives – that have impacted our business and the industry as a whole over the last 12 months. Low – The Incredible Shrinking Construction Timeline. Bill Di Santo. Tel: 847-233-9200 x710.
Englewood’s business development team attended ICSC’s CenterBuild conference in December, where conversations revolved around retail activity and opportunities in 2020. Here are four commercial construction and commercial real estate trends we expect to shape our business and our industry: 1.
For a number of reasons – usually cost, location or a lease agreement – commercial real estate owners are opting to refresh or remodel their retail stores , restaurants and hotels instead of building new commercial construction projects. Chuck Taylor. Director of Operations. Tel: 847-233-9200 x712.
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. Roof systems – depending on their age and how they work into the new plan.
Being a national commercial construction general contractor can be an immensely rewarding profession. There is always a sense of pride and accomplishment after completing a retail construction, restaurant construction and commercial construction project for a client. Commercial property preventative maintenance.
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.
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.
Involving your commercial contractor early-on for a large-scale project, such as this shopping center development Englewood Construction completed in Connecticut, allows the construction team to create a realistic timeline for key project milestones.
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. So let’s get this discussion going. Chuck Taylor.
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.
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?
It amazes me in today’s commercial real estate market when I hear commercial construction news about companies or people who just phone it in with their commercial construction services. Do your commercial construction vendors respond to your requests quickly or do they keep you waiting? Baldwick’s. Response Time.
As a national retail construction contractor, Englewood Construction has completed a number of retail construction projects in that mall. But I had to wonder, while I know we have a plan in place for such crises, do all general contractors? I had to hold my breath. Was anyone hurt? Was it one of our stores? .
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.
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.
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.
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