Tips
Waiting for commercial construction costs to drop?
Playing the waiting game may not be worth it. Here’s why. What goes up must come down, right? Turns out the adage isn’t actually true all the time, including when it comes to commercial construction costs. If you’re among those trying to patiently wait out inflation and other cost increases to drive down the price…
Here’s how design-build minimizes risk and workload
Here’s how design-build minimizes workload and risk Savvy developers and investors have a secret weapon in their commercial construction toolbox, one which excels in two major ways. The secret: the design-build project delivery model. No longer the closely guarded secret it once was, design-build is now the approach of choice for commercial developers who want…
Optimizing senior independent living
Telehealth and in-home assisted living services make it more than a senior apartment. As seniors continue their life journey, finding services that meet their needs is essential to selecting a place to call home. Most want to remain independent for as long as possible, with many seeking the sense of community and access to amenities…
Election year influence on commercial construction
Here’s what business owners and developers can expect Commercial real estate developers, as well as business leaders, are no doubt anticipating the upcoming election year with mixed feelings. As U.S. history continues a periodically volatile trend, it stands to reason that those on the front lines of business and industry are watching for indicators of…
Senior housing as an extension of your care team
Smart design makes it happen; design-build can help When designing your next senior living community or senior housing facility in Rochester, MN; La Crosse, WI; or the Upper Midwest, thinking of your commercial build as an extension of your care team can make all the difference. Pivoting to this point of view enables you to…
Construction Lead Times: Thinking of building in 2024 and 2025? Now’s the time to start planning.
Construction lead times are lengthier than you might think. If you’re a developer thinking of breaking ground in the next 18 months, the time to get started is today. Though it may not be convenient for those considering a commercial build a year and a half from now, the market realities are making it necessary…
Continuous insulation gaining traction
Understanding what it is, legal requirements and how to make it happen. As energy codes continue to evolve, continuous insulation is a topic that has gained attention among commercial construction general contractors, and developers must keep an eye on emerging energy efficiency laws as they contemplate their next commercial construction projects. For example, in Minnesota,…
Value engineering and lifecycle cost analysis
Pro tip: value engineering is about more than stripping costs In this economy, getting value out of your commercial construction is more important than ever. Scratch that; it’s important to get value in every economy. So no matter what the economic crystal ball indicates, when it’s time to embark on a new build, the value…
Forging ahead amid inflation, high interest rates
How CRE developers keep projects moving despite inflation and interest rates If today’s economic climate has you feeling cautious, you’re certainly not alone. Between higher interest rates and lingering inflation, commercial real estate developers are facing some very real challenges and searching for practical solutions to keep their commercial real estate ventures moving forward. Look…
5 Most Commonly Asked Questions about Real Estate Development
You’ve decided to develop real estate, but before you do, chances are you have questions.