Chicago Plans To Expand O’Hare Terminal Capacity by 60% and Create 60,000 Construction Jobs Mayor Rahm Emmanuel announced the largest expansion plan in O’Hare Airport history, a project which is expected to create 60,000 construction jobs over the next 9 years. Construction is supposed to begin next year.
When is the “Last Day of Work” for Perfecting an Illinois Mechanic’s Lien? A subcontractor on a construction project does not have any contractual relationship with the Owner of the property where it either performs its work or delivers materials, so the subcontractor or material supplier does not have contract rights to collect payment from … Read more
Contractors’ Budgets Could be Disrupted by Steel and Aluminum Tariffs Contractors contemplating bidding on high-rises and residential multifamily projects may have to rethink their pricing if the tariffs President Trump announced on Thursday are actually imposed. These projects are heavy users of steel and aluminum and a threatened 25% tariff on steel imports and a 10% … Read more
Hard Work Enables Women To Lead In The Construction Industry Tamara Rivera is the first woman council representative in the New York City District Council of Carpenters and is featured in Construction Dive’s Women in Construction Series. The Chicago Area is likewise celebrating the week with The Federation of Women Contractors and at ASA Chicago Expo.
Construction projects are complicated undertakings from the standpoint of both owners and contractors. One aspect that we have to anticipate – and which is most frequently the subject of dispute, disagreement, conflict and stress for the parties – is the scheduling of the work and the timely completion of the project.
It’s an unusual reversal: investors in Chicago are “deconverting” condominiums into rental units. Several high-profile condominium buildings downtown are marketing their buildings to developers. Why now? There’s a preference to rent rather than buy among many millennials flooding into hip urban areas. Empty nesters who do not want the hassle of home ownership are … Read more
Homeowner Remodeling Contract What to Look For in Contracts with your Remodeling Contractor One of the largest expenditures that homeowners will make during their lifetimes is for the remodeling of their homes. The average expenditure spent on home remodeling in the Chicago Area in 2015 was $278,000.