I’ll say it again, 2010 was a rebuilding year for the commercial construction industry. It wasn’t as bad as 2009, but not as good as 2008. So I’ve created a commercial construction checklist for what we considered the highs and lows of 2010 commercial construction trends. High – Shopping Centers. We saw much-improved activity in […]
About a year ago, our team at Englewood Construction thought it would be a great idea to share our commercial construction news and experience through a blog. At first, I wasn’t sure. I’m an old-school guy so I like to talk to people face to face, or at least over the phone.
As I recently watched my kids head back in school, it got me thinking that if I could do it all over again, I would have applied myself a little bit more in school—as I think most of would. Luckily, there are all kinds of opportunities for us in the industry to go back to “school” and beef up our commercial construction education, enhance our construction services and learn about the latest commercial construction trends and design build best practices.
Commercial real estate developers, shopping center landlords and restaurant owners should also take advantage of this slow time in the market to attend the various commercial real estate networking events and shopping center conferences to gain insights on the industry or better yet, to sit on a panel to showcase their expertise and highlight their projects.
The recent Chicago City Council approval of a second Wal-Mart in the city limits is excellent news for Chicago’s commercial construction industry. History shows commercial developers do well opening new big box retail stores like Bed Bath and Beyond, Home Depot or Best Buy near Wal-Marts. New restaurant construction near the new Pullman Park Wal-Mart location should also pick up, especially in the form of fast food and fast casual restaurant construction projects. All in all, Chicago general commercial construction contractors should see an uptick in work.
I’ve been watching the Winter Olympics and can’t help but notice that many gold medal champions win by knowing just when to take advantage of a split-second opportunity to get ahead of their competition. It’s all about timing. The same can be said for all those savvy national retailers who are currently taking advantage of […]