This episode talks about all things risk and reward when it comes to commercial development projects. Do you stick $8 million into an abandoned downtown building and expect a positive gross annual income in year one? Learn about the steps you can take to mitigate risk and understand the characteristics of a viable development project.
If you work in community and economic development, are responsible for downtown revitalization projects or invest in commercial real estate, this episode is for you! Jon Davidshofer, Bush Construction's Director of Development, walks us through five common funding sources and when each should be considered for historical development projects.
Meet Jon Davidshofer, our new Director of Development. Listen to our conversation on all things development, including why he made the shift from the financial sector to economic development and his goals for growing Bush Development. Jon also talks about why a project’s location plays a critical role in its success and the value it brings to community members.
Nestled a short distance north of the Quad Cities sits DeWitt, Iowa. It’s the second-largest community in Clinton County and best known for its thriving industrial sector and outstanding recreational, cultural, and educational facilities. Listen to our conversation with Angela Rheingans, Executive Director of DeWitt Chamber & Development Company, and Greg Gannon, President of DeWitt Bank & Trust, and learn about an exciting new downtown development and what it’s like to live and work in the community.
If you ask a commercial contractor what type of technology they use, you’re sure to hear “BIM” or Building Information Modeling software, Virtual Reality, Raken, SmartBid, and more. But did you know sales and marketing automation tools play an equally important role in helping construction companies improve workflows and increase operational efficiency? This episode focuses on the benefits of an integrated CRM or customer relationship management tool and how, if you’re in the sales or marketing departments, to pitch bringing new technology into your organization.
Internships were once a nice-to-have. Now, they are a way to earn college credits, meet graduation requirements, and increase a student's chance of employment in their field of study after commencement day. Bush Construction's internship program offers young professionals a glimpse into what it's like to work at a commercial construction company. Find out what Jake said, Andrew Ottavianelli, and Jacob Conley's experiences are while interning at Bush Construction and what advice they have for their peers.
While a business owner that serves as their own general contractor is not a formal construction delivery method, it does happen! We decided to have a little fun and wrap up our delivery methods series by talking about GC-ing your own commercial construction project. A little hint…it’s much more complex than your typical home improvement project.
For business owners who prefer to lease space or leave raising funds and applying for entitlements to others, Development may be a viable option. Learn all about this non-traditional delivery method from Bryce Henderson, our Vice President of Development.
What is the Design-Build construction project delivery method? How does the business owner benefit from this one-to-one relationship? All these questions and more are discussed in this episode!