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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.
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. If you have questions about undertaking a commercial remodeling project I’d love to hear them.
Some new grocery trends, such as the popularity of curbside pickup and delivery services being introduced by many store chains, have real potential to change facility and infrastructure needs, which could result in an uptick in grocery construction and renovation projects. 2: Remixing the Mall. 2: Remixing the Mall.
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.
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. We came away from RECon 2018 energized and excited.
What are Today’s Best New Retail Developments? With the way the commercial real estate market has been the last several years, people are looking to commercial construction experts for the best construction tips on how to proceed with a successful new retail development. Restaurant. Shopping Center. Hospitality. Office/Industrial.
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. As for new retail construction, it seems the big winners are niche retail brands that dominate a market category, such as American Girl and lululemon.
We see this as a natural next step to the work Englewood has already been executing with senior housing operators to refresh and remodel resident amenity spaces and common areas at older properties. Developers Think Outside the Big Box to Fill Retail Vacancies. Subcontractors Say No Thanks to Off Hours.
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: .
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. we came in on time and under budget without one complaint from any of the retailers. Q uiet over there! No complaints?
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. Ditto for restaurants.
We saw drawings for new Chicago restaurant projects, retail construction work, office renovations, school construction and learning center additions – you name it, we saw it. Developers and retailers that would normally go 2 deep in bidding went 4 deep. HIGH – Everyone was submitting drawings in 2011. I was wrong.
There are many things you can change and remodel in your home, but these 7 key home improvements are guaranteed to increase the value of your home. Remodeling the Kitchen. After all, the kitchen is the heart of the home and kitchen remodeling continues to have the highest budget allocation. Adding a Bathroom.
It was a busy year for shopping center renovations, like the new food court construction at Westfield's Old Orchard shopping center in Skokie, Ill. 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.
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.
Remodeling Sector Eyes Slower Growth Ahead in 2023. Affordability concerns and moderating home price appreciation are causing a slowdown in the remodeling sector, though spending is expected to remain historically high into the year ahead. Remodeling. Remodeling Sales + Marketing. Remodeling Projects. Remodeling.
NAHB is sharing stories from tradeswomen to inspire others, such as Nora Spencer, CEO of Hope Renovations. Nora Spencer, CEO of Hope Renovations, a nonprofit trades training program in Carrboro, N.C., Nora Spencer, CEO of Hope Renovations, a nonprofit trades training program in Carrboro, N.C., Construction.
As retail center developers work to combat the effects of e-commerce, one of their top strategies is to drive traffic by creating a unique and engaging experience that gives shoppers new reason to head to the mall. Here’s how that overall trend will drive commercial construction opportunities across different sectors in the coming year: Eat.
Rising Mortgage Rates Prompt Would-Be Sellers to Stay in Place and Renovate. Homeowners are staying put and taking on large renovation projects rather than selling and confronting rising mortgage rates, and home improvement stores are reaping the benefits. Remodeling Projects. Remodeling Projects. Thu, 11/17/2022 - 10:08.
Office Remodel (Part II). Depending on how long you’ve been in your building, it’s a good idea to refresh yourself on your remodeling stipulations. It is common for a landlord to amortize the renovation costs over the term of the lease, with the exception of a penalty and expenses if the lease is broken early.
Adaptive reuse: 5 benefits of office-to-residential conversions FitzGerald completed renovations on Millennium on LaSalle, a 14-story building in the heart of Chicago’s Loop. Originally built in 1902, the former office building now comprises 211 apartment units and marks LaSalle Street’s first complete office-to-residential conversion.
Some homeowners are delaying renovations for cheaper prices in 2022, but kitchen and bath companies are still seeing strong consumer activity. The kitchen and bath industry registered historic levels of growth with surging demand at the start of the pandemic as more homeowners took on renovation projects while cooped up at home.
I’ve started preparing for a 20 minute presentation about social media and marketing for the Greater Ottawa Home Builders’ Association renovators’ council on Aug. P.S. You might wish to check out “25 remdelers who get social media,” a posting in the HousingZone professional remodeler site.
Design and remodeling platform Houzz recently published its 2022 Summer Survey which measures popular search trends from the first quarter of the year to determine which homebuyer preferences are influencing purchasing decisions. Wellness Design, Outdoor Living Features Trend In New Residential Design Survey. Thu, 06/23/2022 - 11:31.
Expanding their existing space to make more room for additional manpower or machinery could be more affordable than building new or renovating another building. This is fine if the budget includes the cost of a full exterior remodel. However, there are times when it’s just not possible to expand where they want or at all.
Remodeling. The products will be sold at the HabiJax ReStore, a 38,000 square foot home improvement retail outlet where new and refurbished home products are sold to the public. Pipefitting. Piping Contractor. Hydronics Hydronics Systems. Radiant Heating. Green Geothermal. Green Mechanical Awards. Bath/Kitchen Faucets. Technology GPS.
Grew from small carpentry jobs to room remodels, whole-house remodeling, entry-level townhome construction, and then, ultimately, upscale custom homes. Accomplishments • Launched a construction management network in 2007 for custom home builders and remodeling franchisees that has scaled up to include 125 locations in the U.S.
Commercial District Revolving Loan Trust Funds: ESD has capitalized over $600,000, making funds available to five community-based corporations to administer and make loans to small retail and service businesses in their service areas. The two primary forms of assistance are: Working capital loans of up to $15,000 for up to five years.
Commercial District Revolving Loan Funds: ESD has capitalized over $600,000, making funds available to five community-based corporations to administer and make loans to small retail and service businesses in their service areas. Research and development, high technology, service and other non-retail commercial enterprises. Eligibility.
The IT company’s flagship product is MyOnlineToolbox, a community platform that brings business innovations to contractors who repair and remodel homes. eStockIt.com in Hollywood is an online retailer of restaurant, janitorial and office supplies. 17 on the Forbes inaugural ranking of “America’s Most Promising Companies.”
Here’s what stood out to me: Englewood’s retail portfolio includes experiential concepts such as American Girl Place in Chicago. The Retail Evolution: Shopping Mall, Flagship Store & Big Box Construction The past decade brought more ups and downs for the retail sector than the escalators we installed in malls.
Receipts from the sale of or from maintaining, refurbishing, remodeling, or otherwise modifying a commercial or military carrier over 10,000 pounds gross landing weight. Non-retail service companies that export a substantial percentage of services out of state (50% or more revenues and/or customer base). Certain green industries.
Non-retail service companies that export a substantial% age of services out of state (50% or more revenues and/or customer base). Receipts from maintaining, refurbishing, remodeling or otherwise modifying a commercial or military carrier over 10,000 pounds gross landing weight. The credit may be carried forward for up to 3 years.
Recently, Englewood completed the 23,000-square-foot Harry Carays 7 th Inning Stretch and Chicago Sports Museum at Chicagos famed Water Tower Place, remodeled the 30-year-old, five-star Spiaggia on Michigan Avenue and helped rebrand and reimagine Fultons on The River into River Roast in Chicagos popular River North neighborhood.
The incentive is available for non-retail businesses engaged in commerce for profit that fall into certain categories. Prevailing wage must be paid to workers involved in the construction or renovation. HSDC is currently precluded by law from investing in retail businesses, housing construction and the tourism sector.
The incentive is available for non-retail businesses engaged in commerce for profit that fall into certain categories. HSDC is currently precluded by law from investing in retail businesses, housing construction and the tourism sector. The benefit depends on the tier in which the company locates.
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