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Commercial Construction Highs and Lows of 2011

HardHatChat

The bad news in this scenario is that landlords are now getting less rent due to a smaller leased space. LOW – One thing we saw this year in Chicago as well as other union markets, is that retailers and developers said they didn’t care if their project was built with union labor; they just wanted the best price.

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Time Is Money, Know Where to Spend It

Construction Business Owner

When it comes to acquiring the equipment that construction companies need to conduct business, the options for securing capital for purchases and leases are endless.

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Bisnow Panels Suggests Education, Taxes, and Construction Costs Will Dictate The Future Of Center City Philly

Constructonomics

It’s not very much a secret (although this was not specifically discussed) that construction costs are high in Philadelphia because of the predominant use of union labor in Philadelphia and especially Center City. There has been strong resistance from local unions to the Post Brother’s labor choices.

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Meet Canvas, the Drywall Finishing Robot Offering Level 5 Quality

Construction Junkie

The company is currently partnering with owners, developers, and general contractors to offer the bot’s services in a subcontractor role, as opposed to leasing or selling the robot outside of the company. The crews that Canvas employs to work with the machine are also union workers.

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6 Commercial Construction Trends: A Biz Dev Perspective

HardHatChat

And, of course, the desire to use union vs open shop labor can dramatically influence costs and timelines. From a brand perspective, especially for large national tenants, factors like employee wages, customer demand, and other local market conditions contribute to deciding whether or not they will sign a new lease deal in a given location.

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The benefits and drawbacks of mixed-use development

The Korte Company

That’s aided by the longer-term leases developers can secure from commercial tenants. Union Station in St. The Korte Company has partnered with Union Station on many occasions since the space—once one of the busiest train terminals in the world—was converted to a multi-level festival mall in the mid-1980s. Louis, Missouri.

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Secret Formula—Office Vacancy Rates—Prompts Roger Staubach To Bet On The Broncos

Buisness Facilities Contributed Content

more space available for lease) have won the Lombardi Trophy 62 percent of the time, including last February when Baltimore (15.5 points per game over their last five contests, and is almost as hot as Seattle’s South Lake Union submarket (vacancy rate of just 4.0%). percent vacancy) edged San Francisco (11.8 percent vacancy).

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