3 Construction Strategies for Senior Community Housing Renovation Projects

As noted in January’s Hard Hat Chat post about commercial real estate trends shaping Englewood’s work in the year ahead, we expect 2018 will maintain the same strong momentum we’ve recently experienced working with owners and operators to update existing senior communities. What’s driving the uptick in renovation and remodeling activity in this sector? For one, with aging Baby Boomers spurring more demand than ever for quality senior living options, property owners and managers are undertaking construction projects to improve senior communities to match the bar set by new players entering the market. Additionally, many national senior housing operators are in “acquisition” mode and are boosting their portfolio by snapping up value-add properties they can remodel and put under their brand umbrella.

Updates to common areas and amenities are a smart investment for senior community improvement and facility budgets, since these spaces have such high impact with residents and their families..

4 Commercial Construction Trends and Predictions for 2018

Happy New Year to all of our Hard Hat Chat readers! As we flip the calendar over to 2018 this month, it’s a great time to share some of the commercial construction trends we predict will shape our work in the year ahead.

#1: Grocery Sector Ripe for Change

The grocery sector has been keeping a steady pace in recent years, but it is definitely an area to watch in 2018. With major players like Amazon entering the arena, and new technology and services for shoppers potentially impacting operations, many of our clients are taking a “wait and see” approach as they evaluate how these new factors play out in the market. Some new grocery trends, such as the popularity of curbside pickup and delivery services being introduced by many store chains, have real potential to change facility and infrastructure needs, which could result in an uptick in grocery construction and renovation projects.

Today’s grocery shoppers are also becoming accustomed to having a variety of store options available to..

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