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

HardHatChat

What are Today’s Best New Retail Developments? With the way the commercial real estate market has been the last several years, people are looking to commercial construction experts for the best construction tips on how to proceed with a successful new retail development. Restaurant. Shopping Center. Hospitality. Office/Industrial.

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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. You must secure financing for the project. This includes creating a detailed project schedule, budget, and phasing plan.

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Industry Focus – Retail: Less Than Six Degrees of Separation

Buisness Facilities Contributed Content

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. By the BF Staff From the March/April 2016 Issue. Credit: City of Cape Coral). percent.

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Skanska USA Announces 99M Office Development in Washington, D.C.

Construction Superintendent Magazine

. -- Skanska USA Commercial Development has plans to start speculative development of 99M, an 11-story, 234,000-square-foot Class A office building with ground-floor retail/restaurant space in Washington’s Capitol Riverfront submarket. Skanska is self-financing 100 percent of the development costs.

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Oregon Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Oregon Business Development Fund (OBDF): A revolving loan fund that provides term fixed-rate financing for land, buildings, equipment, machinery and permanent working capital. Business Oregon has selected a bond counsel firm with a pre-approved fee schedule. They provide long-term financing for land, buildings and equipment.

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Oregon Incentives and Workforce Development Guide

Business Facilities

To be eligible, the company must plan to hire 50+ new employees in Oregon; have 150 or more employees at time of eligibility; have employee wages are 150% above state average or county average, whichever is less; and must be in a traded-sector industry (excludes retail businesses). This simplifies and speeds up the rebate process.

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Bakery Company Chooses Kentucky For Third Location

Buisness Facilities Contributed Content

The 250,000- to 300,000-square-foot facility will employ 310 people and produce cookies, crackers and other items by contract for major food brands and retailers. Construction is expected to start this summer and the facility is scheduled to be operational by the end of 2017.