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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 ? I do not anticipate new restaurateurs signing long-term leases for a two-week event.

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5 Signs Your Shopping Center Construction Contractor is Costing You Business

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Instead, landlords are focused on renovating shopping malls and remodeling office buildings to attract new tenants and entice existing tenants to renew their lease. What’s wrong with a general contractor focused on commercial construction costs and his construction schedule? Q uiet over there! No complaints?

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4 Commercial Construction Industry Trends and Predictions for 2019

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I recently attended a senior housing conference in Chicago where a panelist discussed the challenge senior housing operators face in hiring and retaining caregivers and other staff given the high hourly wages offered by employers like Amazon. Subcontractors Say No Thanks to Off Hours.

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Retail Construction Trends: Shopping Center Construction Enters Renaissance with Renovation Work

HardHatChat

In the Chicago area alone, there are probably close to a dozen local and regional shopping malls in the middle of a shopping center renovation project, or, slated to begin one in the very near future. However, this is not just a Chicago trend. Of course, all of this commercial construction activity has been a boon to the industry.

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What are Today's Best New Retail Developments? | Hard Hat Chat

HardHatChat

At Englewood, we have data points that go back for decades on commercial construction costs and leasing rates for areas across the country. Each municipality brings its own costs, and different market cycles bring different lease rates. Should You Hire A Commercial General Contractor Who Works For a Competing Brand? Categories.

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Commercial Construction Highs and Lows of 2011

HardHatChat

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. I didn’t think the number of commercial general contractors bidding on one job could be higher than what we saw in 2010. I was wrong.

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Best and Worst of 2010: Commercial Construction Trends

HardHatChat

We saw much-improved activity in shopping center construction – not necessarily the building of new malls, but in general commercial contractors working with landlords and developers on pre-construction services , such as commercial construction budgeting to help them propose attractive lease deals for new tenants.