Tag Archives: Construction

Plenty of construction projects keeping developers busy in Minneapolis/St. Paul market

by Dan Rafter Construction activity is rising across the country. The Midwest is no exception, with cranes soaring into the skies of cities from St. Louis and Kansas City to Omaha and Chicago. And one of the busiest of all … Continue reading

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Construction outlook: More cranes in the sky, but labor shortages and rising costs await, too

by Dan Rafter When Paul Laird looks at the Midwest markets he serves as vice president and Midwest regional manager for United Construction Company, he sees a busy future. Construction crews are busy across the Midwest today, building spec industrial … Continue reading

Posted in Chicago Commercial Real Estate, Detroit commercial real estate, healthcare, Illinois, Illinois real estate, industrial real estate, Michigan commercial real estate, multi-family, office, retail, senior care facilities, shopping centers | Tagged , , , , | Leave a comment

Want to spend less on commercial construction costs? Build now, not later

by Dan Rafter Ready to tackle a large-scale commercial construction project? Mortenson has some advice: Build now. That’s because Mortenson’s quarterly Construction Cost Index predicts that commercial construction costs will rise in six major markets across the country, including three … Continue reading

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Innovation and technology mitigate impact of rising construction costs

Guest post by Michael Behm, Leopardo Companies, Inc. The cost of new development is rising in the Chicago area and across the country, driven in part by increasing labor costs and risk-adverse lenders. On the plus side, construction firms are … Continue reading

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Novak helps Portillo’s reach ground-breaking milestone

by Dan Rafter The temperatures were frigid. The snow was falling. But that didn’t stop burger-and-hot-dog chain Portillo’s as it celebrated milestone ground-breakings earlier this month. Novak Construction led two ground-breaking ceremonies for a pair of new Portillo’s restaurants that … Continue reading

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Dodge Data reports November nonresidential construction up in Chicago area

by Declan Harty Across three states and 13 counties, nonresidential construction projects started in November jumped 59 percent compared to the year prior in the greater Chicagoland area. The data comes from New York-based Dodge Data & Analytics, which gathered … Continue reading

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Indoor waterpark? Movie-themed amusement park? Benson-Orth General Contractors helping to bring the fun to Twin Cities suburbs

by Dan Rafter Minneapolis residents looking for even more entertainment than the Twin Cities proper can provide will soon plenty of kid- and adult-friendly fun about 30 miles northwest of Minneapolis. That’s where Benson-Orth General Contractors is ready to start … Continue reading

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