It’s that time of year when our team predicts the 2012 commercial construction trends – from what’s on tap for Chicago retail construction to national restaurant construction and hospitality construction. We’ve compiled the list below based on conversations with clients and fellow commercial construction experts, upcoming bid work, economic projections and observations in the field.
With the recent Chicago commercial construction news of Target moving to State Street and Wal-Mart opening its Neighborhood Market store at Presidential Towers, it begs the question of what other big box retailers might take advantage of current commercial construction costs and available space to introduce a smaller concept store to downtown Chicago. Is this a new retail construction trend? Probably so.
hhGregg is certainly creating buzz in Chicago retail construction with a number of retail retrofit construction projects in Chicago’s suburbs, so perhaps they are a likely candidate to penetrate the city’s urban retail market.
As suggested in my 2011 commercial construction trends blog post, there seems to be a rise in new restaurant construction, particularly among franchise restaurants. In fact, Crain’s Chicago Business just reported that Moe’s Southwest Grill has sold restaurant franchise agreements to open 10 new units in the Chicago market. So I thought I’d devote a [...]
Englewood Construction, Inc. is a commercial general contractor specializing in the construction of retail, restaurant, shopping center, hotel, office and industrial projects throughout the United States. More
