It’s a mixed bag of commercial construction news for shopping center developement. On one hand, retail sales continue to show improvement from last year, yet the suburban shopping mall – or at least the traditional enclosed shopping mall – seems to be on the way out. So what’s a successful shopping center developer to do [...]
While I think everyone in the retail industry likes to hear news that 2011 retail sales are up – as it usually means new retail construction projects are in the pipeline – it’s still tough for shopping center landlords to make deals work with retail tenants. Why? Because it can become a bad game of [...]
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.
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
