CALUMET, Mich. (WLUC) - Construction of the 12,000 square feet Calumet Medical Office building is almost complete.

U.P. Health System and Upper Great Lakes Family Health will be caring for patients together.

The facility will act as a walk-in clinic that provides therapy and outreach services from both health care providers.

Currently they're hiring staff and planning to bring medical equipment inside the facility.

The Calumet Medical Office Building is being constructed with a predominantly local labor force led by Moyle construction,

RC Mechanical, and Erico Electric; plus contributions from bay electric, mcgrath roofing, and others.

Construction started in April of 2016.

"In this partnership together we're going to be able to deliver one stop shopping for all the healthcare needs for our community and our patients," said UGL Family Health CEO, Don Simila.

"You come from 18 to 24 months worth of planning and to now see a building and to be planning to take care of patients. It's really a special time," said Jeff Lang, CEO of U.P Health Systems Portage.

The Calumet Medical Office Building is tentatively scheduled to open on March 20th of 2017.

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Calumet Medical Office building set for opening this spring - UpperMichigansSource.com

A vintage office building in Wicker Park that just opened after an extensive renovation was burglarized early Sunday. View Full Caption

DNAinfo/Alisa Hauser

WICKER PARK A company that designs college dormitories was burglarized only a month after opening itsoffices in the rehabbed Polish Alma Mater building just north of the Milwaukee, Damen and North avenues intersection.

"We all live in the neighborhood and love the neighborhood. It's a total slap in the face. [The thieves] busted in the back door," Mitch Dalton, director of development for Wicker Park-based Core Spaces, said Monday.

The burglary, which occurred sometime between 2:30 a.m. and 2:45 a.m. Sunday, resulted in seven laptops and a few monitors stolen from the fourth floor of the office building at 1643 N. Milwaukee Ave. where the 17-employee Core Campus is located.

"They took all the Apple products they could find. They didn't vandalize anything. They also took all of our personal bags to carry it out ... gym bags, laptop bags. No one got hurt; everything else is replaceable," Dalton said.

Officer Nicole Trainor, a Chicago Police Department spokeswoman, confirmed the burglary report.

Trainor said police, who were on the scene at 7:15 a.m. Sunday, "observed signs of forced entry."

Dalton said motion sensors alerted him to the time of the theft.

Foundedin 2011, Core Campus shared an office with nearby LG Construction and Development Group at 2234 W. North Ave. before moving to the Milwaukee Avenue location.

Marc Lifshin, who owns Core Spaces, also is a managing partner at LG Construction, which is rehabbing the interior of the 1890s-era building.

Dalton said that the entire office, including himself, "rallied" on Sunday.

"We came into the office, ordered food, and spent 13 hours getting up and and running [again]," he said.

Video cameras were installed Sunday.

Last month, LG Construction tweeted photos of the nearly finished Core Campus offices.

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7 Laptops Stolen From New Wicker Park Office Building - DNAinfo

Urban Nashville seemingly needs new office space.

Or so the experts say.

Developers are listening, with two Chicago-based Monroe Investment Partners and The Mainland Companies (co-based in Nashville and Portland, Oregon) having recently announced major office projects.

Monroe said in early January work will begin this year on the ambitious River North. Mainland said two weeks ago it wants to develop a 30-story tower on SoBros Korean Veterans Boulevard Roundabout.

And others want a piece of the office building action.

For example, Eakin Partners, which recently completed 1201 Demonbreun in The Gulch, is seeking to undertake mid-rise office buildings within both Rolling Mill Hill and the West End corridor.

Also, office space is a component of the mixed-use oneC1TY development on Midtowns fringe, the Germantown Union mixed-use project Atlanta-based TPA Group has announced and Spectrum | Emerys planned mixed-use Fifth + Broadway.

But at 125 acres, River North represents a much larger scale (picture Portlands South Waterfront) than the aforementioned developments. The site straddles the east bank of the Cumberland River, stretching from Jefferson Street on the south to the Interstate 65/24 split on the north. The segment scheduled to begin construction this year, to be called The Landings, is projected to span 40 acres, with office, retail, residential and hospitality buildings eyed.

Indeed, the River North land mass dwarfs the 15-acre LifeWay campus site soon to be reinvented within the central business district and the 32-acre land mass on which the Capitol View mixed-use development is underway in North Gulch. (Both to offer office space, no less.)

Not surprisingly, some wonder if the city can absorb such robust development in general and office building construction specifically. Could Monroes proposed venture, they ask, mark a new level of growth or a potential oversaturation?

While the citys capacity to effectively handle such new development may seem limited even strained these days, the general Nashville market actually is experiencing a period of relatively meager office building addition.

From about 1996 to 2000, 72 buildings totaling 6.5 million square feet were constructed in the overall Nashville market, according to Rob Lowe, senior managing director at Cushman & Wakefield.

In 2001 and 2002, the market witnessed the construction of 28 buildings with office space, totaling 2.86 million square feet, according to Katie Barton, the director of research for Colliers Internationals Nashville office. Cool Springs and Brentwood led the market in the collective square footage added then.

The boom of the mid-2000s saw the construction start, continuation or conclusion of 37 buildings for a collective 3.57 million square feet, according to the Colliers figures, with Cool Springs accounting for 60 percent of that number.

During this latest boom from 2013 to 2016 just 20 buildings with office space were constructed, accounting for 2.93 million new square feet. This comparatively light influx, however, was spread evenly throughout various Nashville submarkets. For example, a significant number of projects were undertaken in Cool Springs, Brentwood, Green Hills, Music Row and West End last year, an indicator that demand is still widespread and healthy.

With the size and variety of companies relocating to Nashville and even companies moving from place to place that are already located within the region there seem to be markets for so many different types of commercial and office spaces and in a variety of different locations, said Gary Gaston, executive director of the Nashville Civic Design Center. A company that wants to be downtown is going to be different from a company that wants to be in Cool Springs. It is all about offering a variety of office types spread throughout the region, which allows us to be most competitive [with peer cities].

Lowe said office construction projects expected to start over the next two years will yield about 4 million square feet, with the potential for an additional 5 million to start in 2019 and 2020. Based on those projections, he thinks the next eight years could bring yet another major boom in office space development.

But caution is warranted if you look at the total list of announced projects, which if built out to capacity, the maximum amount of office space could surpass 14 million square feet over 80-plus buildings, he said.

Lowe does believes that if previous booms are any indication, River North, the LifeWay campus and Capitol View all have the chance to be successful over time.

If you look at the historical absorption, the net amount of leasing activity, over each growth cycle, it is reasonable to predict that each of these developments will win their fair share, he said. But implicit in that assumption is that its unlikely that any of these larger, currently undeveloped projects will be completely build out simply due to the sheer amount of square footage each can deliver. Of course, there will be one that is more successful than the others and that is much harder to predict.

The key to success in real estate has always come down to location. Monroe Investment Partners expects River North to expand what we think of as downtown, the company said in a press release upon announcing the project.

As they eye office, retail, hotel and residential space, the developers of Capitol View (Boyle Nashville and Northwestern Mutual), the LifeWay site (Southwest Value Partners) and River North likely are banking on the opportunity, to an extent, of establishing new urban nodes within the greater downtown area.

But could the competitive creation of urban districts result in none of the nodes reaching maximum build-out?

If all the office projects get built out to their projected numbers, then the central business district will just about triple its current size, said Barry Smith, president of Eakins Partners, which is possible, but I cant imagine it happening any time soon.

River Norths location may be the deciding factor for its place among the others in a potential next up-cycle. Its hard to say if that bodes well for the project or not.

River North is a bit of a crapshoot, said Smith. When you look at the map, its north of Jefferson Street [and east of Germantown] and not just across the river from downtown. So, its more of a new submarket than just being directly across the river [and near Nissan Stadium].

Its difficult to predict where, or if, the form and function of the proposed urban nodes ringing the CBD. If one does, indeed, fully evolve, it could certainly mark a substantial new era of prosperity for the city as a whole.

The larger scope of these office developments is in line with many companies that are looking on a national basis for headquarters and regional headquarters, said Harrison Johnson, senior vice president for brokerage services with the local CBRE office. Nashville has traditionally only seen a smaller segment of this form of economic development in shared services and smaller headquarters. So, it is imperative that we have these interesting areas for larger relocating companies to consider.

It could well be River North that welcomes a major corporate headquarters. Ultimately, the viability of any new office development will be decided by demand from prospective tenants, those interviewed for this story said.

I truly dont see a single submarket being vastly better than another, and we are forecasting the development growth across virtually all submarkets, Cushman & Wakefields Lowe said. The key to understand is that each submarket presents its own value proposition to employers.

That being said, there is reason to believe that River Norths prospective location is set up for success, as long as the development delivers on its promise.

One only needs to look at other cities that have successfully developed both sides of their river Cincinnati and Austin for example to understand that the key element isnt one side versus the other but [rather] the concentration of amenities that office tenants demand, said Lowe.

River North will need these amenities to deliver successfully initially, he added. But in scanning the developers vision, it appears River North is planned for a broad delivery of uses and amenities.

Post Managing Editor William Williams contributed to this story.

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Is bar being raised, or boom to loom, for office projects? | Nashville ... - Nashville Post (subscription)

Crain's Chicago Business

Wooden office building planned on Goose Island Crain's Chicago Business That seven-story building, called T3, was the tallest heavy-timber office building constructed in the United States in the modern construction era, when most commercial buildings have been built with concrete and steel. Amazon recently leased space in ... and more »

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Wooden office building planned on Goose Island - Crain's Chicago Business

Dive Brief:

Seattle is currently one of the hottest markets for both commercial and residential development, in part because companies like Facebook, Amazon and Google are setting up shop there in order to access the ready pool of young, qualified workers. By the third quarter of 2018, Facebook will have taken over two office buildings, allowing the company to grow its Seattle workforce from 2,000 to 4,000. These offices are currently under construction, and the company will lease them when complete.

Google has made a deal with the same developer, Microsoft co-founder Paul Allen's Vulcan Real Estate, for a 600,000-square-foot office nearby.The company's new complex is expected to be complete in 2019, and Google has committed to 14-16-year leases for the space.

Seattle has also drawn foreign investors who are finding more reasonable deals than in more expensive cities like Los Angeles, San Francisco and New York. Since 2015, non-U.S. companies have bought up more than $4 billion of commercial property, with Chinese companies leading the way.

Last year, the the Downtown Seattle Association announced that the city had 65 major projects and a total $3.5 billion worth of constructionunderway in 2016, topping Seattle's previous record of 50 major projects in 2014 and setting a new record since tracking began in 2005.

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Skanska invests $392M in Seattle office project - Construction Dive

wivb.com

Almost 85 percent of construction complete at Oishei Children's ... wivb.com BUFFALO, N.Y. (WIVB) Construction workers are hard at work both inside and outside of John R. Oishei Children's Hospital on Ellicott Street. We've had as ... and more »

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Almost 85 percent of construction complete at Oishei Children's ... - wivb.com

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We are targeting neighborhood-oriented services and offering efficient floor plans for the small-business entrepreneur, said Robert Kantor of Red Sky Realty, one of the owners of a 4,600-square-foot office building soon to be under construction. Spaces will range from 525 to 750 square feet at the new building, which will be at 2103 Golf Course Rd.

Well have about eight suites in the building, said co-developer David Soule, a local engineer with extensive experience in subdivision creation and a real estate investor. Soule places the valuation of the project, with land and construction costs, at $500,000.

A lot of commercial space just isnt ideal for many small-business owners, said Soule. A lot of the existing spaces (available for lease) are either too dated or too big or charge too much He said the size of the suites at the new official building in Rio Rancho makes them ideal for single operators like insurance agents, real estate sales agents, chiropractors or mom-and-pop retailers.

Soule called the area a key block, given its proximity to the nearby Cabezon master-plan housing community. Rio Rancho has a lot of rooftops, said Soule, gesturing to nearby homes whose residents presumably could be either potential tenants or future patrons.

Albuquerque architect Robert Ponto, who is also the projects general contractor, is overseeing construction. Financing was provided by Washington Federal.

The plan is to have construction finished by late May with expected occupancy by mid-June.

Lender Lucero lauded by NAHB

The National Association of Home Builders has named Diana Lucero, vice president of construction lending for New Mexico Bank & Trust in Albuquerque, its Associate of the Year. The award was given earlier this month during the associations International Builders Show in Orlando, Fla.

The award honors someone who has made outstanding contributions to a local, state and national homebuilding industry. Lucero has been an active associate member for many years, serving in leadership roles for her state and local home builders associations, as well as at the national level for NAHB. Most recently, she served as chairwoman for the NAHB Associates Committee (representing approximately 85,000 associates nationwide), and is currently the education committee chairwoman for the Home Builders Association of Central New Mexico and associate vice president for New Mexico Home Builders Association.

Diana should be commended for her incredible dedication to our industry, said NAHB Chairman Granger MacDonald, a home builder and developer from Kerrville, Texas. Her contributions at both the national and local levels are truly impressive, and we are pleased to be able to recognize her for her years of hard work.

Diana is an amazing volunteer here at the HBA and we are grateful for her leadership both here in New Mexico and on a national level, said Scott Ashcraft, president of the Home Builders Association of Central New Mexico. She is our shining star.

Housing organizations: Things are looking up

Leaders from four statewide housing organizations told an overflow crowd at the Roundhouse that things are looking up for New Mexicos housing industry. Officials said 2016 was the best year for home sales, affordable housing and real estate-related industries since 2008. We know that, when the housing market is strong, things are better for New Mexico and its families, said Lt. Gov. John Sanchez, who addressed the audience. Thanks to a recovering market and strong programs, in 2016, a record number of families moved into quality homes that they could afford over the long term places where their children can grow and their families can thrive.

Some snapshots:

Steve Anaya of the Realtors Association of New Mexico said that 19,933 homes were sold in New Mexico in 2016. It is the highest number reported since 2008 and 6.4 percent higher than 2015, he said. In addition, the median home price rose to $185,000, which is almost to the pre-recession level.

John Garcia, executive vice president of the Homebuilders Association of Central New Mexico, said that, since the state Legislature implemented the Sustainable Building Tax Credit in 2007, 2,981 energy-efficient homes have been built in New Mexico. New Mexico is now considered one of the top green-built states in the country, Garcia said.

Susan Millspaugh of the New Mexico Mortgage Lenders Association said that foreclosure rates continue to drop in the state and are currently one-third of 1 percent. Millspaugh also said the regulations created and enforced by the state ensure that New Mexico lenders are highly trained and adhere to high ethical standards.

Mortgage money

After peaking at 40.8 million in 2007, the number of tax returns claiming the mortgage interest deduction has steadily fallen and, as of 2013, the latest year from which data are available, stands at just 33.3 million, according to Elliott Eisenberg, the Laughs and Graphs economist. Not surprisingly, the amount of mortgage interest paid also peaked in 2007 at $491 billion and is now $296 billion, while the average amount of MID claimed per filer has fallen from $12,052 to $8,900.

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Office suites will cater to small-firm entrepreneurs - Albuquerque Journal

Missoula broke a record for new construction in 2016, with nearly a quarter of a billion dollars worth of development construction costs permitted by the city.

From new banks to housing to multi-story business offices, the landscape of the Garden City was drastically changed as investors bet that the economy here is on the rise. That was good news for many workers, especially those in the construction industry.

According to Mike Haynes, the director of the citys Development Services office, the total market value of construction of building permits issued from January to December was a whopping $248.7 million. That shatters the previous record of $184 million worth of development in 2015.

Calendar year 2016 saw an unprecedented level of development activity in the City of Missoula with 1,529 building permits issued, Haynes said.

The largest commercial projects permitted included the new downtown Stockman Bank building worth $16.2 million, and the new nine-screen, dine-in Carmike Theater at Southgate Mall worth $7.9 million. There were also major projects at public institutions, including a $10 million Grizzly Champions Center addition on the University of Montana Campus and $12 million in local Missoula County Public Schools construction. Major renovations are happening at Rattlesnake, Lowell, Franklin and Paxson Elementary Schools, as well as Big Sky High School, part of the $158 million schools bond passed by voters in 2015.

The largest residential projects were the 164-unit Front Street Student Housing Project valued at $25.2 million, the 69-unit Cambium Place Apartments at the Old Sawmill District worth $16.1 million, the 114-unit Halling Farms Apartments on Mullan worth $8.5 million, the 2625 Dearborn Condos worth $8.5 million, the Polleys Square C building worth $4.2 million and the 36-unit 4100 condos worth $4.7 million.

The total number of residential units permitted in 2016 rose to an all-time high of 775 units, Haynes said. Total permits issued (including plumbing, mechanical and other permits) have risen steadily to almost 7,700 in 2016.

The market value of construction projects in Missoula the past four years.

The citys numbers are based solely on the cost of constructing the buildings. That means the total value excludes the cost of acquiring the land, demolition and site preparation and a myriad of soft costs like planning, design, engineering, financing costs and real estate fees. So, for example, the total project cost for the Front Street student housing project is actually $38 million, compared to the $25.2 the city recorded as construction costs. Therefore, the total investment made by developers in Missoula is much larger than the $248.7 million figure.

Since the start of the citys fiscal year 2017 in July, there have been 111 single-family housing building permits issued by the city for a total construction value of $11.82 million. Thats an increase over the same time frame in fiscal year 2016, when only 83 single-family homes were permitted for a value of $8.25 million.

Next year could see some huge projects in Missoula as well. A Bozeman developer will be building a $35 million hotel in downtown Missoula at the site of the Mercantile building, and a group of separate local developers intend to break ground on $150 million in developments at the Riverfront Triangle/Fox Site at the corner of Front and Orange streets. Several more projects at the Old Sawmill Project could be permitted in 2017, including possibly another large student housing project.

James Grunke, the president and CEO of the Missoula Economic Partnership, said that he's heard of plans for projects worth an estimated $500 million that could be set in motion over the next two or three years.

"I think the trend will continue for at least the next two or three years with very similar numbers," he said.

Grunke attributed the building boom partially to pent-up demand from the Great Recession, so developers are catching up on activity. He also believes more multi-family housing will be built in the next few years because there is such a lack of inventory right now.

"I'm pretty bullish about the future," he said. "And so are a lot of the people I talked to. At the economic outlook seminar presented by the Bureau of Business and Economic Research two weeks ago, they polled the audience, and that was the general tone."

Grunke said Missoula's main challenge will be attracting skilled workers to keep up with the growth in jobs. Missoula's low unemployment has business owners worried about a workforce shortage.

"It's not always a bed of roses, but I see good things happening," he said. "It's a good time to be in Missoula."

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City smashes development record with $250M in construction in 2016 - The Missoulian

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Is it reasonable to think that a building can inspire employees to look forward to Monday?

Why not? Creating an atmosphere that is dynamic, practical and efficient is always first on our agenda. And it's been such throughout the nearly two million square feet of office facility construction and tenant improvement construction we've completed to date. And that excludes all the office work we've done for the United States Department of Defense.

At The Korte Company, we approach office-facility construction with the goal of creating an atmosphere that's exceptional. Decades of experience building office spaces for the likes of NASA and Boeing have taught us what businesses need in an office to help them get ahead not to mention getting their employees excited for that Monday status meeting.

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Green Office Building Construction | The Korte Company