When it comes to current retail and commercial construction trends, we all know there aren’t a lot of new shopping centers under construction right now, or new office buildings under construction for that matter. Instead, landlords are focused on renovating shopping malls and remodeling office buildings to attract new tenants and entice existing tenants to […]
Shopping Center Construction
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 […]
With the shuttering of stores like Circuit City and Linens N’ Things, big box retailers looking to gain market share certainly have their choice of vacant store locations in prime markets and shopping centers. And depending on the condition of their new stores, the savings on retail construction costs to retrofit the space could be […]
As many of you may know, Englewood Construction recently completed Zara’s largest store in the United States at 700 N. Michigan Ave. in Chicago. For those familiar with Chicago, you may also know this store offers a prime corner location on the city’s famed Magnificent Mile. But what I want to do is tell you […]
For a number of reasons – usually cost, location or a lease agreement – commercial real estate owners are opting to refresh or remodel their retail stores, restaurants and hotels instead of building new-construction projects.
In fact, just recently Disney announced plans to completely transform its 340 stores in the United States and Europe from Disney Stores to Imagination Park, http://bit.ly/14YNxn.
Regardless for your reason to remodel, you need to realize that a renovation is a completely different animal than building new construction.
For example, during a new restaurant construction project, owners are responsible for providing the majority of the supplies and drawings while the general contractor executes the work.