HardHatChat

JUNE 21, 2012

It doesn’t matter what kind of new shopping center construction you desire–whether it is a Power Center, a Lifestyle Center, or a strip mall in a high-traffic infill location–nothing will be built unless the numbers make sense for the commercial construction budget. Construction budgets can make or break a deal. Construction Bids.

Retail 216

Retail Commercial Chicago Leases 216

HardHatChat

JANUARY 18, 2011

Don’t always take the lowest bid. I know this is a tough one to follow as we all need to keep commercial construction budgets in check, but we saw too many companies go with pick-up truck contractors in 2010 only to be burned later. Schedule a commercial construction preventive maintenance visit. Take a leap of faith.

Commercial 263

Commercial Bidding Negotiation Construction 263

HardHatChat

NOVEMBER 17, 2009

in Chicago. For those familiar with Chicago, you may also know this store offers a prime corner location on the city’s famed Magnificent Mile. The more advance notice you give them, the more accommodating they will be when it comes to elevator use and scheduling deliveries. Michigan Ave.

Retail 176

Retail Michigan Chicago Construction 176

Construction Knowledge

DECEMBER 3, 2012

Rather than proceeding with the traditional complete design and public bid method, the KTC and the IFA went with a Public Private Partnership (P3). They engaged Engineering firms to produce conceptual bridge designs, estimated costs and schedules. The Walsh Group from Chicago, IL won both competitions.

Kentucky 40

Kentucky Indiana Schedule Change Orders 40

Pro Builder

JANUARY 28, 2022

Whether in a corporate boardroom, town council, local school board meeting, or amongst a group of staff members working on next year’s budget, it is declared with authority and the sincere belief in the equation N = T (Numbers = Truth). Schedule/Cycle Time: At What Point Do You Start Measuring? Measurement Fails, Part I.

Permits 98

Permits Overhead Foundation Budgeting 98

HardHatChat

MARCH 23, 2010

This lets your general contractor weigh in with estimated construction costs before plans are finalized and sent out for subcontractor bids. Miss this step and your architect could be sending out plans for bid that are out of whack with your construction budget.

Retail 174

Retail Construction Bidding Contractors 174

HardHatChat

SEPTEMBER 22, 2009

How would you like to “find” thousands of dollars in your operating budget? By moving all correspondence and documents online you eliminate the cost to print dozens of copies of blueprints, design-build schedules, etc. And without anything to print, then there’s nothing to mail – no more fees for overnight bid-request mailings.

Commercial 120

Commercial Documentation Construction Project Management 120

The Korte Company

AUGUST 12, 2020

The Martha Manning Company in Collinsville, Illinois wanted to build a 100,000-square-foot dress factory—with a budget of $10 per square foot. . It was a “seemingly impossible” budget; closer to $15 or $18 a square foot would have been more realistic. Contractors were selected on their “low bid.” .

Design 52

Design St. Louis Illinois Architecture 52

Business Facilities

JULY 6, 2016

Chicago is the nation’s rail hub that connects six of the seven class one railroads. per square foot, lower than the Chicago Market average of $4.84. On a daily basis, 500 freight trains and 37,500 carloads of rail freight leave the Chicago metro region (i.e., Section 5 is scheduled to be finished by June 2017.

Roads 41

Roads Airports Indiana Transportation 41

Building Information Management

MARCH 19, 2013

The value management approach reduces the risk of project failure, lower cost, shorten projects schedules, improve quality, functions, performance and ensure high reliability and safety. Chicago: Institute of Real Estate Management. 1994), Preconstruction Estimating: Budget through Bid. N., & Celik, T. 15th Edition.

Life Cycle 53

Life Cycle Management BIM Engineering 53