Tag: new development

Existing Business Growth Outpaces New Development for the First 8 Months This Year

The City of Edwardsville received $30,935,343 in new business/commercial permits for the first 8 months of 2019. This compares to $17,307,150 in new business/commercial permits from new development and companies entering the Edwardsville market for the first time.

 

These numbers are not usual, said, Walter Williams-Economic Development Director. “Existing business growth should account for 60 to 80% of new job growth and new investment.  Edwardsville provides an ideal location for business growth with our skilled workforce, robust transportation routes, and stable community. Supporting business growth and development is a core economic development function that helps to diversify and strengthen our local economy.”

 

Arguably the biggest existing business growth belongs to Hershey.  Hershey added nearly 300,000 square feet onto the existing warehouse distribution facility in Edwardsville.  The 292,410-square-foot expansion increases the existing plant’s size from an original 1.1 million square feet to nearly 1.3 million square feet. The cost of this project is valued at $4,535,765.

 

Stillwater Senior Living is expanding from 46 living units and 40 employees to 80 units and add 32,000-square-feet by winter 2020. This addition will be built behind the current building.  The new addition will cost $5 million and add at least 20 new employees.

 

Donco will pump $2,155,000 into the local economy by building on an addition to their existing facility. Once completed Donco will hire an additional 50 employees.

 

Amazon is spending $1,900,000 in the Lakeview Commerce Center location retrofitting this facility to handle large item distribution (pianos, televisions).

 

Target is leading the way in sustainable operations and recognizes that meeting their energy needs through solar is good for the community and environment. The Edwardsville Target is spending $705,224 in solar panel to reduce their energy costs It is anticipated that their rooftop solar project will generate enough energy to offset between 15 and 40 percent of a property’s energy needs.

 

Smaller, locally owned business like McDonald’s, Kettle River, Cassens, Joe Pizza, Culvers also made sizeable investments into their current businesses operations.

 

We recognize that business is at the heart of our success as a city.  That’s why throughout the various city departments, we make every effort to make doing business in Edwardsville as attractive and trouble-free as possible. These new investments from existing businesses bodes well for the future of the city’s employment opportunities and its continuing economic strength.  The proof is in our success, said Hal Patton-Mayor City of Edwardsville.

 

Edwardsville’s Hard Hat Construction Area-Whispering Heights

Progress pictures of the Whispering Heights development project in Edwardsville!   Whispering Heights offers luxury living steps away from where you work, dine, and play. This modern and innovative mixed-use community includes 153 apartment homes and over 18,000 square feet of retail and restaurant space.  The expected completion date for the South Building is October 2019 and April 2020 for the North Building!

Photo Credits: Holland Construction Services

Industrial Bulk Distribution Development Momentum Continues, Fueled by E-Commerce

By Kerry Smith, Editor – St. Louis Construction News & Review Magazine

Speculative industrial warehouse and distribution construction remains alive and well across the St. Louis MSA, as evidenced by the 769,000-square-foot “Building 5” in Lakeview Commerce Center that is anticipated to reach completion this summer.

Kadean Construction of Fenton is building Building 5, located in the 750-acre bulk distribution park in Edwardsville and Panattoni Development is the owner-developer. Mike Eveler, Kadean’s president, said the construction project includes 80 loading docks with clearing heights of 36 feet.

“This is the second building we’ve built recently at Lakeview Commerce Center,” Eveler said. “In addition to constructing Building 5, we built its sister building, Building 4, which is 769,000 square feet and is occupied entirely by Amazon.”

Although Building 4 was completed in 2017, according to Eveler, Amazon is already performing technology upgrades to keep pace with the latest advances in fulfillment/distribution technology.

“In 2018 they’ve (Amazon) invested approximately $23 million worth of tenant improvement work (in Building 4) as well as heavy and electrical distribution,” he said. “Much of this investment has been related to robotics within the facility to hold the product and move it around.”

As the dynamics of e-commerce order fulfillment improve nearly as quickly as consumer order-and-delivery expectations do, serving these industrial clients is also a dynamic process, according to the Kadean exec. “About six weeks ago, Amazon contacted us to request additional work specific to fulfillment robotics,” Eveler said. “We’re already tearing out some of what we’ve built (internally) to help them upgrade. “Just their robotics system upgrades represent about $1 million worth of work,” he added.

Kadean Construction works in tandem with Panattoni Development in other industrial parks across the St. Louis MSA such as Aviator Park in Hazelwood – the 165-acre park on the site of the former Ford Motor Co. manufacturing plant at Lindbergh and Interstate 270. Mark Branstetter, partner at Panattoni, said his firm has developed approximately 1.7 million square feet in Aviator and still have equally that much capacity for future development.

“We are about halfway through developing Aviator,” Branstetter said. “It’s interesting…although Lakeview and Aviator are relatively proximate – some 12 miles from each other – their respective user groups are markedly different. Lakeview in Edwardsville attracts the larger, regional distribution centers whereas Aviator in Hazelwood attracts more local infill.”

Although e-commerce is a prominent driver of bulk warehouse and fulfillment development nationally and regionally, Branstetter said e-commerce isn’t the only factor propelling the construction of these types of buildings. “A big topic that gets published is indeed e-commerce,” he said. “It’s certainly a big trend, but it’s not the sum total of what’s driving development in this industry sector. E-commerce is actually a very late trend, just in the last decade or so. Everyone is trying to optimize their supply chain, be it location or size orientation. But once they’ve optimized these locations across the country, companies are then working on optimizing the inner workings of their processes, again with the consumer at the forefront.”

Reprinted with permission from St. Louis Construction News & Review Magazine

Contegra Construction Co. Building Student Housing Complex to Serve Southern Illinois University at Edwardsville

Reprint from Construction Forum St. Louis

The newest off-campus student housing development to serve Southern Illinois University-Edwardsville (SIUE) is emerging from the ground. General contractor Contegra Construction Co. broke ground on the student housing project called The Reserve in November 2017. The completion is slated for the summer of 2019. The 486-bed housing complex is being developed by Cleveland-based Richland Residential and will be comprised of nine buildings hosting two-bedroom, three-bedroom and four-bedroom units.

Located on a 15-acre site, The Reserve will provide additional housing options to meet growing demands for off-campus living in close proximity to SIUE. It is located at the New Poag Road entry to the campus.

The wood frame construction will be clad with brick and siding. Apartment units will feature full kitchens, washers and dryers and ample living spaces.

The development will feature a clubhouse with a number of amenities, including a workout room, study area, lounge/gaming room and leasing offices. Adjacent to the club house will be a pool and separate bath house

Based in Edwardsville, Ill., Contegra is one of the St. Louis area’s largest general contractors and serves a national customer base that includes industrial, institutional, municipal, multi-family, office and retail projects. Its capabilities include building developer- and owner-driven projects and site development.

Edwardsville City Council approves resolution for Whispering Heights development

by Steven Spencer