article thumbnail

Chicago Casino Construction: How to Deal the House a Winning Hand

HardHatChat

In Chicago commercial construction news , everyone knows the big buzz right now is on the pending Chicago casino. Because regardless of where the downtown casino is located, there is a commercial construction checklist of best practices that a successful casino developer needs to keep in mind. Bigger isn’t always better.

Chicago 149
article thumbnail

Buyer Beware: Five Commercial Construction Questions to Ask Before Purchasing a Distressed Note

HardHatChat

If you’re looking to buy distressed commercial property , your eyes are probably as big as saucers. commercial properties in current distress. But before you take on the role of receiver, here are five questions you must address with your general commercial construction contractor before assuming receivership of a distressed property.

professionals

Sign Up for our Newsletter

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

article thumbnail

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

HardHatChat

Observations and Conversations about Commercial Construction, Development and Management. I get asked a lot about commercial construction trends. I get asked a lot about commercial construction trends. Construction budgets can make or break a deal. What are Today’s Best New Retail Developments?

Retail 216
article thumbnail

#100:  Dealing With Rising Costs

NH Construction Law

Sometimes the benchmark is budgeted costs, i.e., the contractor’s actual buyout costs at bid time (or those of their subs if the subcontract prices are similarly allowed to fluctuate). Often the benchmark is indexed costs, for example the producer price index or “PPI” published by the Bureau of Labor Statistics.

Deals 40
article thumbnail

#98:  Good Faith Limits on Termination for Convenience

NH Construction Law

In an earlier blog ( #62 ) I discussed the implied covenant of good faith and fair dealing that limits a contracting party’s exercise of the discretion afforded to it by the parties’ contract. Such a provision was part of a commercial painting subcontract in Hate to Paint, LLC v. Ambrose Development, LLC , No.

article thumbnail

Subcontractor Insurance: 7 Policies Subs Should Consider for Their Business

Levelset

. “If something goes wrong, liability could hit the GC’s policy, which dilutes liability insurance limits, negatively impacts their claims history, and forces them to deal with a claim that’s not really their fault.”. Since you’re likely familiar with personal auto insurance, commercial coverage works much the same way.

article thumbnail

eBooks on 2014 National Plumbing and HVAC Estimator

Construction Cost Estimating

Manhours, labor and material costs for all common plumbing and HVAC work in residential, commercial, and industrial buildings. Describes the right way to process submittals, deal with suppliers and subcontract specialty work. 2014 National Plumbing and HVAC Estimator By James A Thomson.