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Louisiana State University (LSU) professor and Ph.D. student visits Park Rowe job site in Baton Rouge, Louisiana. Shreve Land enjoys opportunities to connect with local universities. Following the job site tour, Assistant Professor Yong-Cheol Lee said, “It was a great experience for us. The large scale site looked really well-managed…” The Park Rowe project is an E-Urban style multifamily community with 336 units currently being framed and beginning installation and dry wall.

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Top photo: Andrew Adams, Tianyi Zhang, Yong-Cheol Lee (left to right)
Bottom photo: Yong-Cheol Lee, Andrew Adams, Hugh Kerr (left to right)

 

 

 

 

 

 

 

 

 

Shreve Land is currently framing three-story buildings, the size of football fields, with crews working diligently on site. Qualified subcontractors like Armour Concrete are working with precision, and management is planning and executing the work in an orderly fashion. “We enjoy what we do, and it’s a pleasure to be building for a longtime client,” says Senior Project Manager Curtis Prda.

It takes the best people to construct a job of this size. Superintendent Garry Balentine says we have just that, “It’s exciting to be on a project this size and at this complexity. I have a good team, and we are going to knock it out of the park.”

Park Rowe is an E-Urban style multifamily community with 336 units that many will call home, and Shreve Land is excited to be spending another day of what it does best in Baton Rouge, Louisiana.

One of our very own was awarded the Most Responsive Contractor certificate by HUD. Congrats, Ginger! We are proud of you!

The honor was received during the Davis-Bacon Electronic Payroll Submissions system conference.

In case you aren’t a resident of Dallas or are a Dallas resident but live under a rock, Dallas is booming. About 12,000 units were delivered in 2014 and more than 16,000 just this year. With Dallas leading the nation in job growth and construction, new units are filling up faster than ever and rent growth has not slowed down.

What is it about Dallas that is attracting so much growth and construction opportunity? Let’s take a closer look…

EMPLOYMENT GROWTH
Dallas’ job growth is stronger than in most metros, which has attracted commercial real estate activity in all property sectors. Toyota Motors is in progress with a successful move to DFW to become Dallas neighbors with other Fortune 500 companies such as Dr. Pepper Snapple, Exxon Mobil, AT&T, Southwest Airlines, J.C. Penney and many more. For other employers to see the success of Toyota’s relocation, we expect to see additional larger companies migrate to DFW.

TRANSPORTATION
A dreadful commute can deter potential talent and existing employees from working for a company. Setting up shop in Dallas means you will be close to a major highway whether it is the recently expanded 635 or one of the many tollways: Dallas North Tollway, President George Bush Turnpike, or Sam Rayburn Tollway. The City of Dallas has also improved its public transportation system adding the DART Rail Orange Line in Las Colinas, the D-Link that runs through Downtown Dallas for free, as well as expanding and adding express lanes to the extremely popular, but dreaded, 635.

VIBRANT LOCATION
In order for companies to attract new talent, a vibrant location is essential. They want to live, work, and play in their bubble without having to travel far. As said in Bisnow, “companies can’t risk being stuck in a loser location.” And in Dallas, the talent pool is located throughout Downtown Dallas, Addison, Las Colinas, Plano, and Frisco. These Dallas cities are also prime for dining, entertainment, and shopping catering to residents’ lifestyles.

BUILD-TO-SUIT COMMERCIAL REAL ESTATE
In the DFW area there is still enough land in these prime locations for companies to develop a build-to-suit building when relocating to Dallas. This allows the company to design a campus that fits their needs without owning the building.

Development isn’t slowing down in Dallas and demand for new product is strong. As more employers move towards the large talent pool of Dallas, more employees will continue to follow.

We are elated to announce that Shreve Land’s Floyd Sterling has been honored with the distinguished rank of Fellow to the Institute in CSI (Construction Specifications Institute).

Fellowship is one of two of the highest honors given by CSI for which Institute members may be chosen. Fellows are chosen by peers for their notable contributions in areas such as advancement of construction technology, improvement of construction specifications, education, and service to the Institute. Its recipients have a high degree of responsibility to uphold the principles of the Institute, and is a title to be accepted with pride.  Floyd has been a member of CSI since 1986.

Floyd Sterling is a critical asset to the Shreve Land team. He brings over 34 years of estimating, project management, and quality control experience. During Floyd’s (18) years with Shreve Land, he has focused primarily on estimates and bidding for commercial, and multifamily residential communities.

Please join us in congratulating Floyd in the comments below.

Things are looking up for architects, developers, and contractors who specialize in multifamily housing. Not only are Gen Xers and Millennials abandoning the long-held aspect of the American Dream that includes owning land and a single-family house. Many Baby Boomers, who coveted and pursued homeownership en masse, are preparing to leave their single-family homes for the conveniences and amenities that come with living in an apartment community. What, exactly, will the Baby Boomer generation be looking for from multifamily residential communities?

Ease of Maintenance
Baby Boomers do not want to spend their retirement years mowing lawns, touching up home exteriors, and repairing appliances. They want luxurious, low-maintenance living of the sort that can only be found by hiring reliable help or relocating to an apartment or condominium.

Ample Storage Space
Baby Boomers have had decades to collect wares and ample storage space for all of it. As they move into apartments, they will be willing to part with some of their possessions. They will, however, prize apartment communities that offer underground storage closets and a wealth of in-home storage space. If you want to attract well-heeled baby boomers, make this a priority when working on multifamily projects.

Proximity to Cultural Attractions
Varied tastes means that rural, suburban, and urban apartments will all see a spike in demand from baby boomers. The majority of this retired and rewired contingent, however, will be looking to move closer to museums, highly-rated restaurants, theaters, and other cultural attractions. This will be a boon for those focusing on urban multifamily projects.

 

The Baby Boomers have spoken. It’s time you did so as well. Find a contractor who can bring your Baby Boomer-friendly design plans to life. Find a contractor like Shreve Land Constructors. Give us a call at (318) 226-0056.

Shreve Land and Mike McSwain Architects were awarded the design build contract for the BPCC campus. The center will provide training for the new Benteler Steel/Tube mill, located at the Port of Caddo-Bossier. The project consists of the training center that will be approximately 66,000 square feet, 29,000 square feet of which will be a high bay, highly flexible open training space dedicated to recruitment, education and training of employees and potential employees of local industries in the areas of heavy manufacturing, industrial maintenance, quality technicians, production management and similar skills. In addition to the 29,000 square foot Technology Center, the project will also include 37,000 square feet of space to accommodate classrooms, offices, a laboratory, administrative and support areas for the training center.