article thumbnail

Best and Worst of Commercial Construction Practices in 2009

HardHatChat

When Chicago lost the 2016 Olympic bid this fall, it was a devastating blow to the city’s restaurant and retail construction industry. High – Niche or value-driven retail construction. Retail construction projects in niche or value-driven markets. Unfortunately this is a problem we’re seeing across the country. 3 Dollar General.

article thumbnail

Phase l Assessments for Tenants are the Hottest Environmental Issue in 2020

Green Building Law Update

In 2020, an increasingly large number of prospective tenants, from commercial banks to sports apparel retailers and the defense industry are actively seeking protection for existing contamination before signing leases. Such is a dramatically large issue with the economic contribution of real estate to the U.S.

Liability 156
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Phases of Commercial Real Estate Development

Construction Marketing

Commercial real estate development involves the process of acquiring, designing, constructing, and leasing or selling commercial properties such as office buildings, retail centers, and industrial parks. Developers must understand the various financing options, such as traditional bank loans, private equity, and government programs.

article thumbnail

I Just Read my 1000th Phase I Environmental Site Assessment this Year

Green Building Law Update

In 2020, an increasingly large number of prospective tenants, from commercial banks to sports apparel retailers and the defense industry are actively seeking protection from existing contamination before signing leases. Such is a dramatically large issue with the economic contribution of real estate to the U.S.

Site 156
article thumbnail

Stop & Shop Turns Inedible Food Into Energy

Buisness Facilities Contributed Content

“As a responsible retailer, one of our top priorities is reducing our environmental footprint, specifically through the conversion of food that would otherwise go into a landfill,” said Mark McGowan, President, Stop & Shop New England Division. Once fully operational, the facility will create approximately 1.25 StopVeggies.

Green 40
article thumbnail

Setting Up the Chart of Accounts: QuickBooks for Contractors

Levelset

Whenever you invoice a property owner, receive a check from a customer, or pay a material supplier, you need to categorize those transactions properly. The Chart of Accounts is the heart of every contractor’s accounting system , whether you’re using QuickBooks or any other construction accounting software.

article thumbnail

Turner Construction Cost Index down for the Year – But Does it Show the Whole Story?

Constructonomics

So if commodities (materials) have gone up in price, but overall construction costs have dramatically reduced, it doesn’t take Albert Einstein (thank God) to figure out that the labor costs have been significantly reduced. I think construction costs are actually down much more than 12%. And therein lies the problem. .