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4 Commercial Construction Industry Trends and Predictions for 2019

HardHatChat

Here are our predictions of the four commercial construction industry trends we expect will shape our work in different sectors – and the construction landscape overall – in the year ahead: Senior Housing Communities Woo Workers with Facility Updates. We know there are more good things to come for our industry in 2019.

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Preparing Your Business for a New Buyer

Wolgast Corporation

He can close the doors, walk away, and lay off his staff of 25, he can sell the business and the building to an interested party and use the money to supplement his retirement savings, or he can find someone who wants to buy the business and then lease the building to him or her, keeping rental income for continual cash flow.

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Design Highlights from the Best in American Living Awards

Pro Builder

Both new and remodeled homes are gaining strong indoor/outdoor connections through glass walls, pocket doors, and large windows. Multifamily projects are taking their cues from the hospitality industry and designing higher-quality lobbies, leasing offices, mail centers, etc., High-Design Multifamily Amenities. Flex Rooms.

Design 52
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What a Chicago 2016 Summer Olympics Means for Chicago’s Retail and Restaurant Construction Industry

HardHatChat

Given the fact that most national and international retailers already have stores in Chicago, most retail construction will involve remodeling and expansion of existing stores. I do not anticipate new restaurateurs signing long-term leases for a two-week event. Ditto for restaurants.

Chicago 120
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What are Today's Best New Retail Developments? | Hard Hat Chat

HardHatChat

Office/Industrial. 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. Industrial Construction (3). Commercial Remodeling.

Retail 216
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Commercial Construction Highs and Lows of 2011

HardHatChat

As 2011 comes to a close, it’s time for us to look back on the commercial construction building trends , news and projects of this past year and share our thoughts on the highs and lows in the industry. In fact, in some cases, the job was a retail remodel with a square footage reduction. HIGH – Everyone was submitting drawings in 2011.

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

HardHatChat

Of course, all of this commercial construction activity has been a boon to the industry. This has emboldened them to not only take on new long-term leases, but also expand the footprint of their traditional retail space. Owners are finding out they need remodeled shopping mall space, or they will fall by the wayside.

Retail 222