Find out about current construction plans and how developers are changing the region's landscape.
Del Mar-based builder Brookfield Homes is reaping benefits today for an innovative program that got its start nearly five years ago, in the midst of the building boom. Its practices are setting a new model for best management throughout the industry.
Construction is nearing completion on the La Jolla Commons Office Tower, one of San Diego's most prominent new Class A office projects on the market, and leasing activity is heating up with the first major lease now complete.
A new, five-building, medical/dental office development called Carlsbad Medical Village is ready for occupancy, according to project developer Russell Ries. The brand new property is located just east of Interstate 5 at 1281-1299 Carlsbad Village Drive in Carlsbad (92008).
Consolidated Contracting Services Inc., a Southern California commercial construction firm, is nearing 50 percent construction completion of San Ysidro Health Center's (SYHC) new state-of-the-art, 38,968-square-foot Maternal & Child Health Center, located at 4005 Beyer Blvd. in San Ysidro.
Removing decades of neglect to the Chollas Creek Encanto Tributary and creating a beautiful natural setting for the Diamond Neighborhoods of southeastern San Diego was a fulfilling job for the excavation company that calls this community home.
The Carlsbad community will soon benefit from a much-needed medical office facility as construction nears completion on Carlsbad Medical Center. The 40,655-square-foot medical office development by H.G. Fenton Development Co. is being built exclusively for Scripps Health.
More than a century ago, Thomas Beverly Penick cemented his place in San Diego history by using horses to haul sand and gravel to construction sites.
"This isn't another market rate condo with a Starbucks on the corner," said Richard Benson, of Parkside, a 170,000-square-foot apartment complex located in San Diego's East Village.
It seems that hardly a week goes by without news of some new credit calamity stressing the nation's financial institutions. At Torrey Pines Bank we have followed such stories with great interest. People are inferring that because of the residential foreclosure crisis, credit is becoming difficult to access, even in the commercial arena.
In a backlash against vinyl-clad McMansions, some developers are creating historic-style communities with houses that look like they were built as long ago as the 17th century. But unlike restored antique houses, these "new old" homes have open floor plans, walk-in closets and can be as large as 7,000 square feet, more than twice the size of the houses of America's forefathers.
WASHINGTON -- The Foreclosure Prevention Act passed by the Senate last week doesn't deserve the title. Just ask its author.
For Bob Riel, vice president of Dynalectric's Service and Systems division (DSS), the future of electrical contracting can be seen as close as downtown San Diego's skyline. Sophisticated high-rises to state-of-the-art ballparks, electrical systems that incorporate fire alarms, security systems, wireless networks, tel-data systems and even plasma TVs are dramatically transforming the construction industry, as well as business in general.
SB&O Inc. has been side-by-side with local general contractors for over 40 years, helping build communities and key infrastructure throughout Southern California. For the past 20 years, SB&O has supported a clientele that consists predominantly of general contractors and developers. Due to long-standing relationships, and the intrinsic value that working with people for long periods of time brings, SB&O is able to continue to assist clients during economic change.
The cliché "no risk, no reward" has rung true for one established San Diego based contractor. T.B. Penick & Sons has grown with its customers through the pursuit of a diversity of offerings like collaborative design-build activities, "green construction" and safety practices, in order to ensure high customer satisfaction. This has proven rewarding, since the business has nearly doubled from $70 million in 2004 to an estimated $135 million in 2008 and employs 450 employees with office locations in San Diego, Los Angeles, Ontario and Ohio.
In just one month, the much-anticipated Sunroad Centrum I will be completed. This spectacular Class A office tower in Kearny Mesa that represents the ultimate in forward-thinking design and amenities will set the standard by which all future office developments in San Diego will be judged.
A recently launched interactive Web site is designed to educate homebuyers about some of the materials and practices that go into the homebuilding process.
Negative headlines to the contrary, there is sufficient historic evidence to suggest that the bad economic times we are mired in at the moment will pass. In the meantime, how can a real estate developer (or for that matter, any marketer affected by the current downturn) stay the course and position for success when the pendulum inevitably swings back?
Every time you pick up a newspaper or turn on the TV, you hear about the mortgage crisis and about foreclosed homes that are going back to the bank. The resulting credit crunch and talk of recession has soured the buying public's appetite for purchasing homes, and many developers find themselves unable to sell their homes and condos. It all ends up going back to the bank.
The National Association of Home Builders recently reported that it expects the remodeling industry to be in a steady decline for the next decade. According to the association, this is due to the slowing housing market. In a slowing marketing, homeowners have less incentive to remodel their homes if the values of their homes are dropping.
PMI Mortgage Insurance Co. of Walnut Creek, Calif., the U.S. subsidiary of The PMI Group Inc. (NYSE: PMI), released its Spring 2008 U.S. Market Risk IndexSM, which ranks the nation's 50 largest metropolitan statistical areas (MSAs) according to the likelihood that home prices will be lower in two years.
Construction has begun for the Smith Consulting Architects-designed ECR Corporate Center, which will house a 63,000-square-foot Tri-City Wellness Center and a 27,000-square-foot medical office building, to be located at 6250 and 6260 El Camino Real in Carlsbad.
The San Diego County Board of Supervisors on Tuesday approved Lowe Enterprises’ Disposition and Development Agreement for the County Operations Center and Annex redevelopment in Kearny Mesa and also certified the project’s Environmental Impact Report.
While San Diego County residential building activity has reached historic lows, several nonresidential building sectors, such as the religious facilities construction, continue to experience stable activity along with an increased demand from clients to include more "green" design aspects into new structures.
San Diego Mayor Jerry Sanders’ proposed FY2009 budget could provide a boost to local contractors and engineers, as he announced Wednesday that he has set aside $573 million for capital improvement projects for the city.
As overall existing home resales activity in San Diego County begins to show signs of improvement, the four regions that comprise the county all experienced an increase in total sold listings from February to March.
Four members of the San Diego Board of Building Appeals and Advisors have been reappointed by Mayor Jerry Sanders, subject to City Council confirmation.
MIAMI -- Stuart Miller, Lennar Corp.'s chief executive, was promised more than $11 million in compensation in 2007 but forfeited $9.95 million of it because the homebuilder failed to meet financial goals amid the troubled housing market, an Associated Press analysis of company filings showed.
NEW YORK -- Two hours north of New York City, a mile-long stream and a marsh the size of a football field have mysteriously formed along a country road. They are such a marvel that people come from miles around to drink the crystal-clear water, believing it is bubbling up from a hidden natural spring.
For many investors, the condo hotel may go down as the Pets.com of the real-estate bubble.
When it comes to understanding the success of San Diego-based general contractor and construction manager BSD Builders Inc., start with integrity.
It's not everyday one meets a compassionate, enthusiastic man wearing a hardhat.
In a backlash against vinyl-clad McMansions, some developers are creating historic-style communities with houses that look like they were built as long ago as the 17th century. But unlike restored antique houses, these "new old" homes have open floor plans, walk-in closets and can be as large as 7,000 square feet, more than twice the size of the houses of America's forefathers.
WASHINGTON -- The Foreclosure Prevention Act passed by the Senate last week doesn't deserve the title. Just ask its author.
MIAMI -- Stuart Miller, Lennar Corp.'s chief executive, was promised more than $11 million in compensation in 2007 but forfeited $9.95 million of it because the homebuilder failed to meet financial goals amid the troubled housing market, an Associated Press analysis of company filings showed.
NEW YORK -- Two hours north of New York City, a mile-long stream and a marsh the size of a football field have mysteriously formed along a country road. They are such a marvel that people come from miles around to drink the crystal-clear water, believing it is bubbling up from a hidden natural spring.
For many investors, the condo hotel may go down as the Pets.com of the real-estate bubble.
The nuts and bolts of construction in San Diego, from commercial and residential project updates to a review of how the industry is faring.
Find out what construction plans are in the works around the county and how industry leaders are changing our region's landscape.
Find out what construction plans are in the works and how industry leaders are changing our region's landscape this year.
The nuts and bolts of construction in San Diego, from commercial project updates to a review of how the industry is faring.
The nuts and bolts of construction in San Diego, from commercial and residential project updates to a review of how the industry is faring.
Find out what construction plans are currently in the works and how industry leaders are changing our region's landscape this year.
The nuts and bolts of construction in San Diego, from commercial and residential project updates to infrastructure and public works.
In the face of a changing marketplace and continual challenges for the industry, find out what construction plans are currently in the works and how San Diego developers are changing the region's landscape.
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