Trends
Emerging BIPOC developer funds open new opportunities
For aspiring BIPOC developers, opportunities for funding, training are growing Inequities in capital available for real estate developers of color have been significant historically. But these days, there’s cause for excitement as funding opportunities and initiatives aimed at emerging developers are growing in scope and number. These investments are pouring in from myriad sources, from…
Green building mandates are on the horizon
Commercial property owners, developers and contractors must prepare Hardly a day goes by when headlines don’t touch on issues related to our environment. Whether it’s concerns about water supplies, air quality, waste or energy efficiency, the challenges presented to us in our modern world and how we balance these challenges with our building and infrastructure…
7 Factors driving 2023 design-build trends
Design-build and commercial development opportunities reflect pandemic effects Looking ahead to 2023, we continue to see pandemic reverberations in commercial construction. Clearly, pandemic-era decisions take much of the blame for today’s economic uncertainty, inflationary pressures and supply chain issues. But they also take credit for movements toward well-being and restoration — themes that carry through…
2023 trend report reveals most promising building opportunities
2023 trend report shows where and how to stay ahead of competitors While economic forecasters predict little overall growth in commercial construction in the year ahead, opportunities are still there for the investors, developers and property owners who want to continue building the future and position themselves to maximize ROI as remaining COVID clouds dissipate.…
Why you shouldn’t delay commercial construction projects
Delays in commercial construction can be multifactorial, but the price to pause is too high Every developer understands — all too well perhaps — the reasons commercial construction projects get delayed. First, there are financial challenges, which can bring a project to a standstill in the face of interest rate increases and material and equipment…
Construction inflation
Where it’s been, where it’s headed and how it will affect your build Inflation is affecting every one of us, and that includes those of us in the construction industry. From baby formula to buttresses, pizzas to electrical panels, refrigerators to rebar and everything in between, prices are undeniably up. For developers, this poses a…
The latest on material lead times and labor shortages
Here’s how developers can adjust to these market shifts During the past 12 to 24 months, we have written about equipment and material lead times, subcontractor and labor shortages, cost increases and their compounded effect on commercial construction. For the entire industry, these market influences have placed additional pressure on projects and processes. The good…
Sustainable building design: top trends
Sustainable building design trends continue to emerge, and it’s no wonder. According to interestingengineering.com, experts project that between 2015 and 2018, the number of builders worldwide who have more than half their projects certified green will increase 100 percent.
Why design-build contractors are growing in popularity
And how to identify an authentic design-build contractor The Design-Build Institute of America (DBIA) recently released a study providing an overview of the design-build industry, including trends, growth and the market forecast. The study includes modeling and research based on industry expertise, data mining and interviews with 46 design-build contractors and industry stakeholders and electronic…
What’s trending: garden style apartments
La Crosse general contractors predict uptick in this design-build movement Increased interest in garden-style apartments is keeping builders in La Crosse, WI, Rochester, MN and the Upper Midwest beyond busy these days. And what’s old is new again as far as this trend is concerned. Garden apartments gained popularity in the U.S. in the wake…