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First of all, the time frame for leasing and building out a space – whether a dispensary or cultivation facility – is often dictated by when new laws around marijuana usage go into effect. Englewood is no stranger to hitting a firm opening date for a new location, which is critical for cannabis companies opening in new markets.
And since they are operating at capacity, subs can charge premium pricing and be choosy about the jobs they take, which directly impacts commercial construction budgeting as well as scheduling. On the upside, the reason we’re feeling the effects of the manpower shortage is because there’s a truly robust construction pipeline out there.
Highlights include the largest industrial spec development lease in the last five years in Broward County. Family-owned Duncan Aviation is undertaking a $25-million expansion including an 80,000-square-foot maintenance hangar, 95,000 square feet of office and shop space; the new facilities are scheduled to open in June 2014.
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