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2015 Commercial Construction Industry Trends and Predictions

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It has been another whirlwind year at Englewood Construction and we are happy to report that our predicted 2014 commercial construction trends came true, which has meant a lot of new projects on our end. Now to get to it—our predictions for 2015 commercial construction trends: 1) Shopping center owners reshape the mall.

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2015 Commercial Construction Industry Highs and Lows

HardHatChat

Writing our annual “Highs and Lows” commercial construction blog post was a bit more difficult this year because, on the whole, 2015 was pretty great for Englewood Construction and many others in the construction industry. Yet despite all its positives, 2015 wasn’t without its commercial construction challenges.

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Commercial General Construction 2014 Highs and Lows

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As we close out another year, we wanted to take a look back at the commercial construction trends that defined 2014 and highlight some of the highs and lows. Overall, this was a great year for the commercial construction industry as commercial construction activity and revenue were up considerably.

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Looking Back at Commercial Construction 2014 – The Year that Was

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With new hotel construction on the rise, Englewood is reconnecting with clients such as Value Place for projects in 2015. While it was a good year for commercial general construction, it was by no means a record setting year. Retailer reinvention is good for commercial general contractors. Rekindling relationships.

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3 Solutions to Help Solve the Commercial Construction Labor Shortage

HardHatChat

Activity is setting up nicely for commercial construction in 2015, but just as the industry seems to be back on its footing, the dreary recession of years past is giving us one last gasp of annoyance and pain. While activity is good, the recession still hangs over us in the form of a commercial construction labor shortage.

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What a Chicago 2016 Summer Olympics Means for Chicago’s Retail and Restaurant Construction Industry

HardHatChat

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….

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Industry Focus – Retail: Less Than Six Degrees of Separation

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Retail accounts for more than $2 trillion in total GDP impact with consumer spending accounting for more than two-thirds of the U.S. The health of this industry is a vital economic indicator since sales tend to be driven by personal income, consumer confidence and interest rates. Credit: City of Cape Coral). percent.

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