Commercial construction is making a slow-and-steady comeback in most markets nationwide, but if you are looking for a good old-fashioned commercial construction boom, there is really only one place to look in the country right now—North Dakota. That’s right, the sparsely populated state on the Great Plains has seen a ton of commercial construction activity […]
In commercial general construction, trends come and go…and, sometimes, come right back again. For instance, in Chicago, the Fashion Outlets of Chicago debuted on August 1, marking the area’s first new Chicago shopping center development in 20 years. Its design is very impressive, but behind it is the traditional enclosed mall layout that took the country […]
Construction season is upon us, and you know what that means…rising commercial construction costs. The summer always brings more commercial construction activity, more bids, and, as a result, higher pricing. Many general contractors decide to lower their risk and start commercial construction projects in the warmer months, paying a premium for nice weather, but assuring […]
The tone of the attendees at ICSC’s “Global Retail Real Estate Convention” (RECon) in Las Vegas last month was as positive and energizing as it was in the commercial construction boom years before 2008. Real estate developers were making deals for new retail and restaurant construction and retailers and restaurateurs were eagerly pursuing the spaces […]
As the summer approaches and schools across the country will be taking an extended break, the busiest travel season of the year will begin. We thought it might be a good time to check-in on the performance of the hotel industry and hospitality construction trends. Hospitality construction has been a bright spot for commercial construction […]