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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.
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.
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 retailleases in 2011.
But just how would Chicago hosting the Olympics affect the city’s restaurant and retail construction activity ? Given the fact that most national and international retailers already have stores in Chicago, most retail construction will involve remodeling and expansion of existing stores. Here are a couple of my predictions….
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. Security features, for one, are a major difference between a dispensary and a ‘typical’ retail store. Good News for the Local Retail Landscape.
On one hand, retail sales continue to show improvement from last year, yet the suburban shopping mall – or at least the traditional enclosed shopping mall – seems to be on the way out. Most retailers today want less space. It’s a mixed bag of commercial construction news for shopping center developement. Qualify your team.
an electronics-focused e-retailer, has announced plans to locate a new warehouse facility in Indianapolis, IN, creating up to 150 new jobs by 2015. The City of Industry, CA-headquartered company will invest $20 million to lease, renovate and equip an order fulfillment facility in Indianapolis. Newegg’s California headquarters.
First, mixed-use developments allow for the consolidation of infrastructure as opposed to designing and building independent systems. Second, consolidated infrastructure naturally leads to consolidated operations. That’s aided by the longer-term leases developers can secure from commercial tenants. Union Station in St.
Marc Asnis, AICP MFPRO+ Blog University Buildings Healthcare Facilities Mixed-Use Apartments Retail Centers Shopping Centers Designers Architects Adaptive Reuse Exterior Restoration Interior Architecture Sustainability Sustainable Development The death of the 20th century shopping mall is evident all across the country.
Multifamily Housing Affordable Housing Office Buildings Retail Centers Shopping Centers Transit Facilities Despite the best efforts of city governments and their transportation departments, transit-oriented-development projects often unintentionally burden existing residents and small businesses in the area.
have closed on a prime retail and mixed-use multifamily housing development in the heart of Indianapolis’s most popular submarket, Broad Ripple Village. Located six miles north of downtown Indianapolis, Broad Ripple Village is in the midst of a $271 million improvement plan, from infrastructure to beautification.
After leasing the U.S. million-square-foot global command center in Mesa’s Elliot Road Technology Corridor; a key factor was the Corridor’s robust infrastructure. Available infrastructure and utilities. Build to suit retail/restaurant pads and Class A office development opportunities.
We selected Louisiana as the site for the state-of-the-art, steam-cracking facility and adjacent ethylene glycol plant due to the advantages of existing infrastructure, including access to competitive feedstock resources, as well as the distribution infrastructure and a skilled and well-trained workforce,” Chung said.
In addition, comfy outdoor furniture and tables, space for a beloved retail anchor (like a neighborhood bookstore coffee shop that hosts evening events), and a lobby that extends outward with larger windows or glass doors can offer engaging experiences for tenants, visitors, and residents.
INVESTING IN 21ST CENTURY INFRASTRUCTURE. Stafford County has put a high priority on investments in infrastructure, including high-speed broadband as well as traditional transportation projects. Based in northern Virginia, SummitIG is a custom network solutions and bandwidth infrastructure provider.
Alabama Infrastructure Grant Program: Funds are available to public entities for extension of water, sewer and road facilities to service new or expanding industries. The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. ALABAMA - updated for 2014.
SRP executed on substantial load requirements while working in concert with Eastmark Developer DMB and the City of Mesa infrastructure needed for the project. million from the City of Baton Rouge/East Baton Rouge Parish to support infrastructure and operating costs of the IBM facility; $29.5
Data centers are crucial to operations across countless sectors, from retail to information technology, government to biotech, logistics to engineering. “Hybrid clouds took off, and Infrastructure-as-a-Service, Software-as-a-Service and Platform-as-a-Service vendors really came into their own. By Bill Trüb.
However, the competition is heating up as other ports build up their infrastructure and dredge their channels to get ready. The P3 project is a 50-year agreement between the Maryland Port Administration (MPA) and Ports America Chesapeake to lease and operate the 200-acre Seagirt Marine Terminal. In May 2013, CSX Transportation Inc.
Avis Devine is an Associate Professor of Real Estate with the Brookfield Centre in Real Estate and Infrastructure at Schulich School of Business, York University in Toronto.
Avis Devine is an Associate Professor of Real Estate with the Brookfield Centre in Real Estate and Infrastructure at Schulich School of Business, York University in Toronto.
Since everyone has been bemoaning the decaying state of America’s bricks-and-mortar infrastructure, we decided to accentuate the positive by bestowing our new IT Infrastructure award on three metros that bucked the trend and took matters into their own hands. ACHIEVEMENT IN IT INFRASTRUCTURE. The company will invest $2.28
Economic Development Fund: The new FastTrack Economic Development Fund expands Tennessee’s current FastTrack infrastructure and job training program by providing additional grant support for companies expanding or locating in Tennessee with reimbursable grants made to local industrial development boards. FINANCING & GRANTS.
ALABAMA INFRASTRUCTURE GRANT PROGRAM: Funds are available for extension of water, sewer and road facilities. The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. Expand fuel infrastructure, fueling stations and equipment.
From aerospace and aviation to cloud technology, biotechnology and life sciences, marine and international trade and logistics, the area offers a strong infrastructure to support these growing industries. eStockIt.com in Hollywood is an online retailer of restaurant, janitorial and office supplies. Motorola Mobility, Plantation, FL.
Search our site: Infrastructure. EFH owns Texas power generator Luminant Energy, retailer TXU Energy and 80% of transmission and distribution utility Oncor Electric Delivery. Bill Allan also joined the firm as vice president and project executive; he had been in those same roles at Lend Lease. contact us. industry jobs.
“GSK’s decision to partner with Texas A&M and bring their vaccine manufacturing to our state is a testament to the investments that the A&M System and the State of Texas have made in the people, infrastructure and technologies, much of which came from critical state programs such as the Emerging Technology Fund,” Giroir said.”
West Virginia Infrastructure and Jobs Development Council: The fund can be used for financial assistance to private companies, public utilities, and county development authorities for infrastructure improvements to support economic development projects. TAX INCENTIVES. The $32,000 figure is adjusted annually for cost of living.
Public Project Revolving Loan Fund (PPRF): The New Mexico Finance Authority¹s flagship program funds infrastructure and capital equipment projects with low-cost and low-interest rate loans. Non-retail service companies that export a substantial% age of services out of state (50% or more revenues and/or customer base).
Advanced Energy Deduction & Advance Energy Tax Credit: Receipts from selling or leasing tangible personal property or services that are eligible generation plant costs to a person that holds an interest in a qualified generating facility are deductible from gross receipts and compensating tax. TAX INCENTIVES. Certain green industries.
If GSA, as the “landlord of the federal government,” were to require or use something else, it would add cost to the building and leasing process across the building industry. Ahold USA Retail. Impact Infrastructure, LLC. The private sector uses LEED to both verify and communicate the quality of high performance buildings.
Highlights include the largest industrial spec development lease in the last five years in Broward County. Over $100 million in investments are expected to be made by concerns adjacent to the arena, which could generate over 1,000 new jobs, new retail and significant quality of life enhancements. The company $7.2-million
a homegrown Hoosier company, manufactures sports apparel and operates retail stores primarily under the LIDS brand, a familiar mecca for team caps in shopping malls across the U.S. The homegrown Hoosier company, which manufactures apparel and operates retail stores primarily under the LIDS brand, will invest $21.8 Hat World, Inc.,
Waterstone Retail of Needham, MA has a 500,000-square-foot center underway with Phase 1 now open and Phase 2 approved by the city. Similar to other New England historic mill towns, the city had suffered from disinvestment in infrastructure and buildings, depressing property values and losing foot traffic. The NH Dept.
When completed, the Arlington Downs mixed-use development will bring over 650 luxury residences, a new hotel, a water park and over 100,000 square feet of retail and restaurant space to Arlington Heights. percent are in the manufacturing sector and nearly 20 percent are in the wholesale and retail sectors. were named to the 2013 “Inc.
New conceptual plans offer two options: as a new Retail District or an Office Park. Retail: Numerous existing retailers in Cape Coral have experienced tremendous annual sales and, in some instances, are the largest grossing stores within their respective chains. This reflects the retail market’s vast potential in the city.
To meet demand, rails increased capacity with 1,300 new and rebuilt locomotives; 3,800 freight car purchases; and 700 new leased freight carts. Positive absorption remains in all industrial submarkets in DuPage County, showing continued strength and growth in the county in leasing, user sales and construction completions.
Finally, the bill adds the People’s Counsel as a member of the Maryland Commission on Climate Change and the Maryland Zero Emission Electric Vehicle Infrastructure Council. Senate Bill 375 / House Bill 208 establish that a neonicotinoid pesticide may only be sold at retail to a “certified applicator,” as currently defined, or a farmer.
Gilbert is aggressively moving forward with a daring plan to revive two square miles of property with a variety of commercial enterprises, including hotels, casinos and retail stores. Lexington is a diversified growth engine for health and educational services, technology, retail trade, and manufacturing.
Food-related manufacturing is present in many of the public power communities across the state, largely because the communities have a low cost of operation and a wealth of infrastructure to aid in the production process. Within the industrial parks, all sites have utilities and other necessary infrastructure in place.
will expand its manufacturing capacity by leasing a 115,000-square-foot food grade manufacturing plant in Wheeling, IL. The Braintree, MA-based company manufactures frozen and deli pizza and shelf stable salad dressings and sauces, and its customers span retail and foodservice channels across the U.S. Richelieu Foods Inc. and Canada.
So evolved is Louisiana’s pipeline infrastructure that the state’s No. Combined with those infrastructure advantages, the advent of low, stable natural gas prices in the U.S. The state also is in the midst of developing a massive transmission infrastructure project. times that of the Nos. Energy Information Administration.
percent are in manufacturing, while nearly 20 percent are in the wholesale and retail sectors. Richelieu has leased a 115,000-square-foot manufacturing facility, and plans to employ 115 people. Wheeling-based businesses generate more than 20,000 jobs, attesting to the community’s economic strength. Of those jobs, 33.5
Thanks in part to its pro-business policies, strong workforce and trade infrastructure, Florida ranks among the nation’s top 10 states for manufacturing. Natural and infrastructure advantages abound, too. Coupled with plentiful water and wastewater options, this infrastructure provides flexibility for light- to heavy-industrial uses.
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