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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.
Parking is important with almost any retail construction project, but with grocery, it is even more important. Obviously, a grocery store requires more infrastructure than a typical retail location, with the freezer section and a powerful HVAC system necessary. Parking is a premium. Reuse existing infrastructure when possible.
All of this commercial construction activity is taking place because smart owners and retail investors realize they need to refresh, rebrand and reimage the shopping experience to be competitive in the future. This has emboldened them to not only take on new long-term leases, but also expand the footprint of their traditional retail space.
While most of us will accept delayed Olympic news due to the time zone difference, the same isn’t true when working with international brands and new retail construction. The other year we were building a handful of stateside stores for Michael Hill, a New Zealand-based jewelry retailer, which is 16 hours ahead of Chicago. So at 7 p.m.
This is the final entry in a three-part blog series on marketing to home improvement retailers. Part one gave an overview of the retail home improvement category and shared the results of a survey on retail marketing practices. Part two covered home improvement retail merchandising and packaging. Following are examples.
Englewood’s business development team attended ICSC’s CenterBuild conference in December, where conversations revolved around retail activity and opportunities in 2020. Retail Developers Will Play All Sides: .
We’re exceedingly proud of the growth our firm has experienced partnering with senior housing developers and operators, particularly when we look ahead to what should be a continuing wave of demand from the baby boomer generation. High: Remixing Retail.
Consumers kept money in their pockets, retailers stopped expanding and owners ceased new retail construction for their facilities. In most cases, these malls need significant retail commercial construction upgrades and updates to compete for top-tier retailers. 4) Solid retail connections. Tel: 847-233-9200 x710.
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.
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. Electric rooms – typically these are back of house, so they can easily be converted.
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. This new mixed-use construction project will include multifamily and 161,000 square feet of retail. In Glenview, Ill.,
Perhaps the most important aspect in this process will be engaging a national retail commercial contractor for advice and feasibility studies. 1) Don’t be afraid of a big retail construction project. Believe it or not, a lot of shopping center landlords and retail investors are afraid of a shopping mall construction project.
million sf of residential, office, and retail space that will pursue LEED Platinum certification. Its 20 floors of office space—which Handel Architects designed in collaboration with MIT’s Metabolic Design Office—are being taken one step further to meet the Passive House Institute’s rigorous standards for energy efficiency.
As traditional retailers continue to be impacted by e-commerce, there is an ongoing discussion about how physical stores and shopping centers can compete within the new dynamics of the market. 2: Remixing the Mall. But today, these businesses, as well as sports and recreations concepts, are viable options for filling mall space.
housing recovery. A recent article in the Wall Street Journal, called Housing Recovery Opens Spigot , sheds company insights into the signs of the U.S. housing recovery. Housing is what we see leading the economy out of the doldrums” said Greg Hayes, CFO of the industrial firm. We will share some of the highlights below.
A case for mid-rise: How multifamily housing can reshape our cities 0 qpurcell Mon, 10/28/2024 - 11:01 Multifamily Housing Often referred to as “five-over-ones,” the mid-rise apartment type is typically comprised of five stories of apartments on top of a concrete “podium” of ground-floor retail. in recent years. was short 3.8
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.
yesterday disclosed its plans for a $100 million-plus expansion that will add a hotel, grocery, multifamily housing, fitness centers, restaurants, coworking spaces, more retail, and a medical office building. million-sf shopping mall Rosedale Center in Roseville, Minn.,
Richard Rubin sees the current spate of empty hotels, motels, retail, and office spaces created by the pandemic as opportunities for adaptive reuse to affordable housing, which is in perennially short supply in many markets in the U.S. and around the world.
The redevelopment would include at least 12 acres of parks and open space, 30,000 sf of retail, 20,000 sf of civic and event space, and about 1.3 million sf of office space.
If your retail construction contractor can build retail stores like this on Michigan Avenue…. If you did retail construction for Hollywood Videos then you couldn’t build Blockbusters. Conversely, there have also been retail construction clients like the Limited that said ‘if you can build a GAP then you can build a Limited.’
The Housing Industry Post-Pandemic. The COVID-19 pandemic is essentially over, but the disruption to the housing industry that lies in its wake will be felt for years to come. RELATED: MORE 2022 HOUSING GIANTS ARTICLES AND DATA. Housing, Industrialized: Marketing Industrialized Construction to Consumers. or worse?
With so much desirable retail space available, many brands were taking advantage of desirable shopping center rents and tenant allowances to add a new store location and increase market share. While sustainable construction was a hot button in 2010 office construction, green retail and restaurant construction did not gain as much traction.
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. That certainly makes it difficult to schedule your opening. This has been a big growth area for Englewood.
Cracking the code of affordable housing 0 qpurcell Fri, 10/20/2023 - 09:03 Affordable Housing Perkins Eastman's affordable housing projects show how designers can help to advance the conversation of affordable housing. His team is writing guidelines for transit-oriented developments that incorporate affordable housing. “As
I recently sat down with Kim Sawyer and Tina McGrath, two of our experienced Business Development team leaders, to gain their perspective on what they’ve learned from talking to our existing and potential retail, restaurants, automotive, senior housing, and hospitality clients.
Here’s a look at our top 2016 commercial construction “highs” and “lows”: Low: Mall Retail Tenants Choose Local over National. However, over the last year, we’ve seen more retail brands award tenant build-out work to local firms rather than national construction partners. High: Big Opportunities in Big Box Retail.
The Quincy, Massachusetts, project will represent the largest commercial development in the downtown's $1.6 billion redevelopment surge, which started in 2011.
Housing Development Over the Last Decade: Here Are the Markets With the Strongest Gains. America’s most active real estate markets seem unfazed by the effects of an economic recession, a global pandemic, and a housing crisis over the last ten years. Housing Markets. Housing Markets. Fri, 03/04/2022 - 10:28.
3 affordable housing projects that serve as social catalysts 0 qpurcell Mon, 09/25/2023 - 12:49 Affordable Housing Trish Donnally, Associate Principal, Perkins Eastman, shares insights from three transformative affordable housing projects. Housing is Fundamental “Housing is absolutely essential to human flourishing.
Sawmill Production Fails to Keep Pace With Housing Demand for Lumber. NAHB Policy Brief | Insufficient production is causing an unprecedented spike in lumber prices as sawmill output fails to keep up with consumer demand and housing starts outpace lumber production. Housing starts are outpacing lumber production. Affordability.
Back of the house – for a restaurant construction retrofit, can you use existing shelves or simply regrout existing tile. Most of an operator’s money is made up front and not back of house anyway, so this is a smart place to save on restaurant construction costs. Bathrooms – can they work in their existing locations?
Just don’t consider a GC to build a Ruth’s Chris Steak House if all its built are Dairy Queens and Dollar Generals. Retail, restaurant and hotel construction projects usually make the most sense for national general contractors as these are disciplines where a brand standard needs to be recreated in multiple locations.
A new modular supportive housing development is currently under construction in San Francisco’s central SOMA District. Tahanan will offer 145 studio apartments (and one manager’s unit) of permanent housing and services for adults who have experienced homelessness. The modules were constructed offsite by Factory OS.
Andrés Duany on New Urbanism’s Legacy and a Solution for Affordable Housing. As a leading advocate for smart growth, Miami-based architect and urban planner Andrés Duany's vision for housing development and affordability is both bold and practical. No Nonsense Housing Company. PB: How do you assess housing affordability? .
However, the Great Recession that followed sent shockwaves through the housing market, slashing construction activity by nearly half in the 2010s. On the other hand, retail construction, which thrived in the 1990s and early 2000s, has seen a substantial decline in the current decade. million units nationwide.
In this segment from BD+C 's The Weekly show, Brad Hunter, Managing Director with RCLCO Real Estate Advisors, talks about the short- and long-term market forecast for several key commercial building sectors, including hospitality, industrial, office, retail, and rental housing.
Single and multiple-family housing construction is the healthiest it has been in six years. Experts at the American Institute of Architects and the Association of General Contractors project modest increases in the commercial building segment, led by hotel and retail project categories.'
In a significant departure from its traditional retail operations, the John Lewis Partnership has embarked on its first residential housing project in Bromley, South London. The project, developed in collaboration with investment firm… Source The post John Lewis Ventures into Housing appeared first on Construction Today.
A lasting housing impact: Gen-Z redefines multifamily living 0 qpurcell Thu, 11/30/2023 - 17:00 Multifamily Housing Nathan Casteel, Design Leader, DLR Group, details what sets an apartment community apart for younger generations. There’s a good chance you’ve lived in an apartment or student housing facility at some point.
Architects Concrete Technology Fenestration and Glazing New Project Portfolios Building Owner Glass Cladding On the Drawing Board Contractors Glass Technology Designers Engineers Building Enclosure Systems Facility Managers Government Buildings Hotel Facilities Building Technology Multifamily Housing Construction Office Building Retail Centers Shopping (..)
A great example of this is a retail space Englewood refurbished at Chicago’s famed Palmer House Hilton. This retail construction project involved meticulously restoring a revolving door and its very elaborate, ornate outer brass security gate, as well as recreating detailed plasterwork within the store itself.
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