Posts Tagged 'Development'

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Profiles in Leadership

With the help of recognition from their colleagues, peers, local media and business organizations, Construction Executive identified the following eight people as outstanding leaders who are making notable contributions within their companies, communities and the industry at large. 

NAIOP Announces 2016’s Top 10 States for Commercial Development

Office, industrial, warehouse and retail real estate development supported 6.25 million American jobs and contributed $861 billion to U.S. GDP in 2016, according to an annual study by NAIOP. The top 10 states for commercial development, beginning with the highest construction value, were New York, Texas, California, Louisiana, Florida, Georgia, Michigan, Illinois, Pennsylvania and Massachusetts. Only New York, Texas and Florida remained in the same position as 2015. 

Study Reveals Less Volatility in Remodeling Market

In comparing new construction and commercial remodels during the course of the Great Recession, BuildFax found additions, remodels and alterations dipped 9.7 percent at their lowest point (versus pre-crisis levels), while new construction permits plunged 43 percent between 2008 and 2011.

New Guide Touts Quiet Hotel Construction

A new Quiet Room® Guide is available to help architects, developers and construction professionals understand the Quiet Room® label, as well as related certification requirements, the latest methods for acoustic insulation of hotel rooms and the savings that can be realized by investing in soundproofing during the construction phase. 

Capitalizing on Market Intelligence

In construction, contractors build their strategy on market data that illustrates trends, shifts and projections. This intelligence can lead to tactics for taking advantage of a certain market using the flexibilities of being open shop, plus utilizing technology onsite to ensure profitability and success. 

Succession Planning and Ownership Transfer: Do It Right the First Time

Many U.S. construction industry leaders are approaching the age of 60 and above, with a recent study conducted by PricewaterhouseCoopers concluding that 33 percent of all construction firms will be transitioned during the next five years. While construction firm owners have vast knowledge in their trade niche, most have limited experience in the sale and divestiture of their own business interests. 

Put More Muscle in Your RFPs

The goal of any RFP is to provide contractors and consultants with the necessary parameters to understand the scope of the project, such as square footage, cost and estimated number of components, but flexible enough to give contractors some latitude to differentiate themselves from their competitors. 

How Do You Use Benchmarking to Improve Company Performance?

Our focus has always been on profitability, not revenue. Benchmarking against our peers drives us to be a leaner, more efficient organization. 

Planning for a Successful Business Partnership

A successful partnership needs more than a great underlying business idea. It needs to be ushered into the world by partners with chemistry, and it should be built from the ground up to anticipate and withstand the issues it will inevitably face.  

Build a Strong Brand for Joint Ventures

Branding a joint venture should involve more than just merging two or three company names together. A strong brand demonstrates the team’s strength and unity—better positioning the partnership to selection committees. A disjointed brand demonstrates potential problems that could occur down the road.

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Industry Changes Push AEC Firms Toward Proactive Recruitment
When it comes to recruitment, the AEC industry is grappling with an already...

Gauging the Swing of the Republican Pendulum
As suddenly as the window of opportunity blew open for Republicans by the winds...

Q: What does it mean for your company to be employee-owned?
Employee ownership allows Choate to share long-term success with our employees...

Service Above Self
Two years ago, Gary Neal—an engineer and project manager with MEC Contractors...

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