Here, you’ll find a library of blog posts dedicated to different aspects of the commercial construction industry -- news and updates, upcoming trends, and past projects built by us at The Douglas Company.
Some developers and investors are unsure about committing to new senior living developments amid rising construction costs and interest rates, while others remain bullish on building new communities figuring that demand will be outpacing supply for the foreseeable future. I have even heard from some clients that they really push to get new developments going […]
As we move into the rainy season, it’s important to revisit best practices of protecting wood from the elements during construction. Previously, we used to rely on just-in-time deliveries which would limit the amount of time our framing materials were subject to the weather prior to being covered up. With today’s market environment, we find […]
I thought I’d write a blog about some good news, at least for multi-family developers. No, costs aren’t coming down, nor are interest rates. But rents for multifamily are going up! According to rent.com through April 2022 apartment rents nationwide for two bedroom apartments are up 22.8% in a twelve month period. In some areas […]
Everywhere I go people are asking what’s going to happen with construction prices, and they are right to ask. I visited with a prospective client this month and he told me that construction prices on his prototype increased 46% in two years, which was shocking to him and a little surprising to me. We are […]
The multi-family market has certainly evolved over the last several years. From the types of amenities renters demand, to an influx of new single family build to rent communities. Not to mention the changing renter demographic. While millennials make up one of the largest rental cohorts, the age 55+ Baby Boomers are selling their homes and […]
Recently, several developer clients of ours have mentioned a multi-family product type called Build-to-Rent (BTR). The concept is to develop and build single-family home communities where the houses are rented to tenants in lieu of being sold to homebuyers. According to Northmarq’s March 2021 report, strong consumer trends support the growth of this type of […]
The Douglas Company, an industry-leading general contractor, announces that construction is underway on The Sagefield, a new multi-family residential development in Jacksonville, Florida. The Developer, Chance Partners, LLC, selected architectural firm Dynamik Design Partners, an Atlanta, Georgia-based company, to design the 274,590 square-foot multi-family community. The Sagefield will include 234 one-bedroom, two-bedroom, and three-bedroom units […]
Due to the ongoing impacts of COVID-19, some new projects struggle to secure the necessary capital stack to move forward. This has been more of an issue in the senior living segment than the multi-family segment; the multi-family space has remained resilient during this challenging year in regards to financial backing for new construction. In […]
Who is ready to turn the corner on everything that has been in front of us in the last couple of months? I know I am. While The Douglas Company has been fortunate and grateful to continue operations as an essential business during this pandemic, it has, of course, prevented me from getting out and […]
After several months of hard work and dedication, The Douglas Company is thrilled to officially announce the launch of our new website! We invite you to visit us at douglascompany.com to learn more about our processes, services, culture, and to explore our project portfolio. Our new website coincides with our expanding role as an industry leading General Contractor specializing […]
The Douglas Company, General Contractor, is pleased to announce the completion of construction on The Tower on the Maumee luxury apartments, located on the Maumee River in the downtown area of Toledo, Ohio. This $21.7 million project was the redevelopment of the top 11 floors of a 30-story office tower. With construction complete in March […]
General Contractor, The Douglas Company, announced construction is officially underway for The Tower on the Maumee, a multifamily redevelopment located along the Maumee River in the downtown area of Toledo, Ohio. The $20.4 million dollar construction project, being developed by The Eyde Company, will transform the top 11 floors of the vacant 400-foot-tall fiberglass tower […]