Charlie Myers: Is a Slowdown Coming to North Texas?
The headlines are beginning to show up nationally: “Momentum slows.” “Only 38,000 jobs created in May.” “Banks stepping back on construction loans.” Is this the bad news we’ve been anticipating?
Charlie Myers: Managing Fast-Track Construction Projects
According to Dodge Data & Analytics’ 2016 Construction Outlook report, the value of construction starts will reach an estimated $712 billion this year, and a large chunk of that work will come our way to Texas.
Charlie Myers: Managing Growth in an Accelerated Construction Environment
Construction spending in the U.S. has reached its highest level since May 2008, according to a recent report released by the U.S. Commerce Department. That’s a healthy 13.7 percent increase in the past 12 months, and, for those in the commercial real estate business, good news for all.
Charlie Myers: The Good News About the Future of Retail Development
I recently attended the International Council of Shopping Centers’ RECon conference in Las Vegas—along with retailers, developers, investors and brokers from around the globe. It was the largest attendance since the recession, and there were a lot of new players, including many office and hotel developers who traditionally have not been involved in retail.
Charlie Myers: Houston to Dallas—A Domino Effect?
As a general contractor with projects in diverse market sectors, I am constantly trying to balance our sales outlook with our staffing needs, both in the short-term and for the long-term. Most CEOs know that sustainable growth requires this balancing act. With the recent volatility in oil and gas prices, as with any global issue, there’s a domino effect or chain reaction that occurs when one event sets off other events that may carry sizable momentum.
Charlie Myers: DFW Commercial Construction Outlook for 2015
The Urban Land Institute’s new report on emerging trends in real estate for 2015 is aptly titled, “Sustaining momentum—but taking nothing for granted.”