If you are a player in the retail world, odds are you spent a few days in Las Vegas last month at ICSC’s “Global Retail Real Estate Convention” (RECON). For one week each year, the commercial construction industry converges on the desert city as national retail construction firms, retail brokers and retailers all get together […]
For savvy commercial real estate investors and venture funds, terrific opportunities exist today to purchase and reposition underperforming shopping malls. As the economy shifted into a recession, many shopping malls were hit hard. Consumers kept money in their pockets, retailers stopped expanding and owners ceased new retail construction for their facilities. That’s left a large […]
We are coming into the final stretch of 2013, a year that has been rather good for the commercial construction industry. Activity was up for retail and restaurant construction and once-stalled commercial construction projects are finding themselves back on 2014 bid sheets for the best commercial general contractors. At Englewood Construction, we were fortunate to […]
It’s taken some time, but shopping mall commercial construction activity is back in a big way, as owners and operators have initiated only what can be described as a renovation renaissance. Almost everywhere we look, it seems an older, out-dated shopping mall is undergoing a substantial commercial construction renovation. In the Chicago area alone, there […]
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 […]