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Commercial Construction Trends: The Highs and Lows of 2016

HardHatChat

Here’s a look at our top 2016 commercial construction “highs” and “lows”: Low: Mall Retail Tenants Choose Local over National. As a national commercial construction firm, it’s not surprising the majority of our 2016 revenue came from work outside our home market of Chicago. High: Big Opportunities in Big Box Retail.

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Caterpillar August Y2Y Retail Sales Up 11%

Construction Equipment

Caterpillar released its retail sales statistics today for the three months ending in August 2017, showing total global sales up 11 percent over this time last year supported by a surge in the Asia/Pacific market to 44 percent over August 2016. North American sales in August were up 1 percent.

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JLL Report: Retail renovation drives construction growth in 2016

BD+C

A strong retail sector has helped drive 2016 U.S. construction activity with retail construction projects up 24.4% year-over-year. Overshadowing the good news is a cloud of economic uncertainty that has companies laser-focused on lean budgeting and smart spending decisions. .

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

HardHatChat

There’s no doubt that local businesses will have much to celebrate if on October 2, 2009, Chicago wins the 2016 Summer Olympics bid. But just how would Chicago hosting the Olympics affect the city’s restaurant and retail construction activity ? Retail and restaurant construction would most likely start in 2015. Bill Di Santo.

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Hotels are becoming the favored places for retailers and consumer products to bolster their brands

BD+C

That’s particularly true of retail and consumer brands at a time when the drawing power of physical stores has been diluted by the proliferation of online options that accounted for $349.9 billion in sales in 2016, a 15.6% Companies are always looking for ways to extend their brands to new customers.

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Caterpillar 3-Month Rolling YTD Retail Sales Report

Construction Equipment

Caterpillar 3-month rolling retail sales report for January, February and March 2016. Actual sales figures will be released April 22,2016.

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Industry Focus – Retail: Less Than Six Degrees of Separation

Buisness Facilities Contributed Content

By the BF Staff From the March/April 2016 Issue. 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 Tarpon Point Resort at Marina Village is home to a number of upscale retail shops and restaurants. Credit: City of Cape Coral). percent.

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