Insights
Hospitality industry trends show rebound
Hospitality trends show industry nearing prepandemic levels Hotel construction trends show promise for 2023 While hotel starts in 2023 will show tepid growth due to the overall economy, the industry is rebounding. In 2022, RevPAR reached record highs, exceeding prepandemic levels, and room starts increased 37.6% after three years of decline. And for 2023, STR…
DBS Group tapped for retail projects in Whitewater, WI
Ace Hardware and Pet Supplies Plus have contracted with DBS Group for their retail locations in Whitewater, Wisconsin. The design-build construction company is designing, resizing and renovating Ace Hardware and building out the interior of a Pet Supplies Plus store. Work is already underway, with completion scheduled for April 2023.
Industrial building outlook shows shifting opportunities this year
Expect changes in industrial development this year The pandemic continues to significantly impact the industrial building outlook, primarily due to resulting supply chain issues. That portends a mixed bag of opportunities and a noteworthy shift in 2023. Warehouses As companies began holding more extensive inventories to safeguard against future supply chain issues in 2021,…
DBS Group grows design-build team
As DBS Group continues growing in the Upper Midwest, the design-build construction company has added two new team members. Kale Massey has joined DBS Group as a project manager, and Brandon Running is the company’s newest estimator. Both will be based in DBS Group’s Rochester, Minnesota, office. Massey is a Minnesota State – Moorhead graduate…
Emerging BIPOC developer funds open new opportunities
For aspiring BIPOC developers, opportunities for funding, training are growing Inequities in capital available for real estate developers of color have been significant historically. But these days, there’s cause for excitement as funding opportunities and initiatives aimed at emerging developers are growing in scope and number. These investments are pouring in from myriad sources, from…
1st Community Credit Union contracts with DBS Group
1st Community Credit Union has contracted with DBS Group to design and build changes to its West Salem, WI, building. The project includes a complete remodel of the building exterior, as well as a partial remodel of the building interior. Construction will begin mid-March, and construction will be substantially complete this summer.
Green building mandates are on the horizon
Commercial property owners, developers and contractors must prepare Hardly a day goes by when headlines don’t touch on issues related to our environment. Whether it’s concerns about water supplies, air quality, waste or energy efficiency, the challenges presented to us in our modern world and how we balance these challenges with our building and infrastructure…
Is senior living development ready for the small time?
When it comes to senior living development opportunities, thinking small may pay off big With the impending gray wave, developers are well aware of the big opportunities available to those willing to build the future of senior living. But what many investors and developers may not realize is there are also big opportunities in smaller…
DBS Group to build new WI headquarters
COMING SOON – FALL 2023! We have outgrown our existing Onalaska office, and after searching for the past two years, we’ve found a perfect home for our new company headquarters at 200 French Road in Onalaska, WI. The new 6,300-square-foot office will be a mix of private offices, design studio space, and collaboration spaces, including…
7 Factors driving 2023 design-build trends
Design-build and commercial development opportunities reflect pandemic effects Looking ahead to 2023, we continue to see pandemic reverberations in commercial construction. Clearly, pandemic-era decisions take much of the blame for today’s economic uncertainty, inflationary pressures and supply chain issues. But they also take credit for movements toward well-being and restoration — themes that carry through…