For some time now, as a part of our platform, we have had the privilege of repurposing several historic buildings in the CBD. Each has its own past, ranging from a fabricating plant to a century-old Chevrolet store as well as a bus station. They all sat in prime locations, underutilized and containing a wealth …
A longtime customer and I were visiting recently, and our discussion moved toward discount rates. We both thought the current Federal Reserve rate, which is down a bit from last year, is fairly spot on. Of course, many will always wish the rate was lower than at present, but it’s my perspective that it would …
Our team likes to stay nimble by working in a variety of construction spaces, from retail to light industrial and a lot of specialties in between. In the last few years, we’ve seen an increase in our adaptive reuse projects, and I have to admit these are some of the most meaningful work with do. I …
To me, there is a lack of understanding in today’s business world regarding the value of a meaningful network and what it takes to build one. The goal is to establish a somewhat like-minded group around yourself, where each person has similar goals and the benefits are two-way. It’s a fairly simple in concept, but …
Yesterday, Robbie and I returned from ICSC REcon in Las Vegas, an event we have been attending for years. This convention always allows us to catch up with longtime friends from across the country and a chance to make some new connections, even though it can feel like speed dating at times. Here are a …
Construction is in an industry of partnerships, so to speak. On any project, our estimators, project team, subcontractors and vendors all must be in synch, along with the architect, engineers and ultimately, the owner. With so many voices and agendas in the mix, there are many opportunities for competition to enter the arena. When folks …
Data center construction, driven by AI, has increased its market share in construction industry at a rate we’ve never seen before. Last year, the approximate spend was $375 billion. That’s with a “B.” The electrical component represents 45-70% of cost on these projects. As tech companies rush to build data centers, they are drawing from …
While hard work is often a requirement for success, to me, it’s not necessarily “the secret sauce.” But it does help. I have found the common denominator for success is that successful people have made a habit of doing things failures don’t like to do. They make calls when they don’t want to, and make …
I’ve said many times that in construction, the sum is greater than the parts. This is especially true regarding the relationships we have worked to maintain with our subcontractors and vendors over these many years. These partnerships, built over time and countless projects, are the heart of our business. We’ve learned from experience that strong …
We are close to completion of a 1.2 million square foot concrete paving pour that we reinforced with fiberglass rebar (GFRP) in lieu of traditional reinforcing steel. Our customer has been impressed with the cost savings, and in the field, we’re seeing fiberglass rebar mats installed faster, with smaller crews and less equipment. We have …
What follows is something I wrote a few years ago, and to me, the message is “ evergreen.” With The Master’s going on now, I thought it might be nice to revisit something I learned from the game of golf. I have been fortunate to attend The Masters for several years, but this year, I’ll …