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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.
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.
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:
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.
Fast-casual restaurants like Noodles & Company should be a bright spot for commercial construction in 2011. It’s that time of year again, when I dust off the crystal ball to predict commercial construction trends for the following year. Around Labor Day 2008, the faucet shut off for commercial construction projects.
As we welcome in the New Year, it’s customary for us to look back at what the previous year meant to Englewood Construction and the commercial construction industry as a whole. There are still some headwinds out there, but last year brought some interesting commercial construction trends and developments. Bids were up…substantially.
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.
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.
Here are our predictions of the four commercial construction industry trends we expect will shape our work in different sectors – and the construction landscape overall – in the year ahead: Senior Housing Communities Woo Workers with Facility Updates. Developers Think Outside the Big Box to Fill Retail Vacancies.
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.,
At the end of 2009, I wrote a blog post called “Commercial Construction Trends to Watch in 2010.” 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. Think I’ll give myself a “B” on that one.
to create better foot-traffic flow and help struggling retailers. Many shopping centers owners have difficulty leasing or keeping consistent retail tenants in certain portions of their shopping mall. More importantly, this demographic concentration would appeal to retailers such as toy stores or a children’s clothing store.
What made this peephole so interesting was that it was salvaged from the hotel construction renovation we did of a HoJo in Chicago. When working on a commercial construction retrofit , you never know what items you may come across. to be more centrally located to our staff and Chicago commercial construction projects.
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.
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.
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.
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.
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’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. It wasn’t as bad as 2009, but not as good as 2008. Low – Green building. High – Institutional Construction.
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.
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.
Commercial construction contractors can save clients thousands of dollars by knowing the right time to buy certain materials. I heard a Home Depot ad on the radio recently targeted to commercial general contractors that made me pause. On the surface, the ad is true – buying building materials in bulk is cheaper.
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.
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.
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.
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.
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.
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.
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.
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.”. And you can always start with a small construction renovation like upgrading your HVAC, lighting or water controls to make them more energy efficient.
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.
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. 2. Green is Gold. According to the Dec. And as stated in No.
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.
If your retail construction contractor can build retail stores like this on Michigan Avenue…. For as long as I’ve been in the commercial construction business , which is 30 years, there have been two conflicting trains of thought about clients hiring a general contractor who also works for a competitor.
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. So let’s get this discussion going. Chuck Taylor. Director of Operations.
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.
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. Sportmart at Orland Park Place (now a Sport Authority). Bill Di Santo.
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.
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.
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.
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.
While it was a good year for commercial general construction, it was by no means a record setting year. These are the three most important commercial construction trends I will take from the commercial construction industry in 2014. Retailer reinvention is good for commercial general contractors. Self-reinvention.
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.
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?
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