Exterior of the Arts & Recreation Center at Ellis Park

News & Insights

McShane Completes Option Care Health’s New Itasca Facility

McShane Completes Option Care Health’s New Itasca Facility

McShane Construction Company just completed a new build-to-suit facility for Option Care Health, Inc. on behalf of developers, Quadrangle Development Company and Janko Group. Located in Itasca, Illinois, the 50,000-square-foot, single-story building houses both office space and licensed compounding pharmacy,…

McShane Begins Construction on The Trotta Apartments

McShane Begins Construction on The Trotta Apartments

McShane Construction Company was selected by Impact Seven to provide design-assist construction services for The Trotta Apartments. Located in Middleton, Wisconsin, the new development will feature 126 apartment units. Situated on a site that previously housed a motel owned by…

McShane to Build Apartment Complex in Buford, Georgia

McShane to Build Apartment Complex in Buford, Georgia

McShane Construction Company is pleased to announce that they have been selected by TPA Residential to provide general construction services for Woodward Crossing, a new Class A, 265-unit apartment development in Buford, Georgia, a quickly growing suburb of Atlanta. “We’re…

McShane Completes The West Living Near Milwaukee

McShane Completes The West Living Near Milwaukee

McShane Construction Company is pleased to announce The West Living's completion, a new luxury apartment community located in vibrant West Allis, Wisconsin. McShane constructed the development on behalf of their client, Mandel Group. "It's been a privilege working with Mandel…

Pandemic-Driven Trends in the Food & Beverage Industry

Pandemic-Driven Trends in the Food & Beverage Industry

Over the past six months, we've witnessed the COVID-19 pandemic accelerate the seismic shift in consumer expectations, and more people are shopping online than ever before. The food and beverage industry is no different, with online grocery sales expected to…

HUD 221(d)(4) Financing Girds Workforce Housing Projects

HUD 221(d)(4) Financing Girds Workforce Housing Projects

As some capital sources pulled back on construction lending due to COVID-19, workforce housing developers and other builders have increasingly turned to HUD 221(d)(4) financing. HUD 221(d)(4) insures mortgage loans to build new construction or substantially rehabilitate multifamily rental or…

Molly McShane Named CEO of The McShane Companies

Molly McShane Named CEO of The McShane Companies

National real estate development and construction services provider The McShane Companies announced that its Board of Directors has appointed Molly McShane as Chief Executive Officer effective October 1, 2020. Ms. McShane previously held the position of Chief Operating Officer. "During…

Three Ways McShane Maintains Your Budget Throughout Pre-Construction

Three Ways McShane Maintains Your Budget Throughout Pre-Construction

As a developer, imagine you are nearing the end of the pre-construction process on your latest development. Construction documents have been completed and your general contractor is pricing the final round of the project to go to contract. You receive…

McShane-UJAMAA JV Completes 4400 Grove

McShane-UJAMAA JV Completes 4400 Grove

The joint venture team of McShane Construction Company and UJAMAA Construction is pleased to announce the completion of 4400 Grove, a highly anticipated mixed-use development from Brinshore Development and the Michaels Organization. “There is a shortage of affordable housing across…

McShane Begins Construction on 20th Springs Assignment

McShane Begins Construction on 20th Springs Assignment

McShane Construction Company has begun construction on Springs at Cooley Station in Gilbert, Arizona, their 20th Springs assignment for the owner, Continental Properties. Currently underway with two additional projects for Continental in the Phoenix area, McShane is assisting Continental in…

Lumber Prices Are on the Rise—but Why?

Lumber Prices Are on the Rise—but Why?

Lumber prices have been on a sharp incline during the pandemic and hit an all-time high this month. From its 2020 low point back in April, the commodity has risen to over $800 per 1,000 board feet, which is an…

Urbanization and its Implications on Industrial Development

Urbanization and its Implications on Industrial Development

Viable land sites are increasingly scarce throughout California, and those that are available are being sold at a premium. As a result, many developers are left scrambling to find affordable dirt for their industrial developments. This poses challenges, as most…