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News & Insights

McShane Breaks Ground on 500 Pittsburg Avenue

McShane Breaks Ground on 500 Pittsburg Avenue

McShane Construction Company has broken ground on 500 Pittsburg Avenue, a new industrial development in Richmond, California on behalf of their client, Black Creek Group, a leading real estate investment management firm. Positioned on a 34-acre site near the intersection…

Eight Key Demand Drivers for Industrial Development

Eight Key Demand Drivers for Industrial Development

With 2021 underway, it’s time to narrow down the vision for 2022 – and beyond. Industrial development is very strong for one key reason: a lack of available space due to increased demand for distribution. Industrial vacancy rates across the…

McShane Expands Nashville Presence

McShane Expands Nashville Presence

McShane Construction Company is underway with NOVEL Harpeth Heights on behalf of repeat client Crescent Communities. Located in Nashville’s vibrant Bellevue neighborhood, the NGBS Bronze development will incorporate 322 units. "We're excited to start construction on our third multi-family project…

Rising Steel Prices Mean Higher Costs for Big-Box Industrial Developments

Rising Steel Prices Mean Higher Costs for Big-Box Industrial Developments

Steel pricing has risen exponentially since early December and is now at a 12-year high. The US HRC Index has increased over 30% during this time, resulting in prices of over $1,000 per steel ton, a level not seen since…

McShane to Build 242-Unit Community in Phoenix

McShane to Build 242-Unit Community in Phoenix

McShane Construction Company is underway on a new apartment community on behalf of LIV Development, a firm based out of Birmingham, Alabama. The new multi-family project will be located in Phoenix, Arizona and will offer 242 units with various on-site…

Screenside Chats: Mat Dougherty & Jeff Raday

Screenside Chats: Mat Dougherty & Jeff Raday

As our new President, Mathew Dougherty, P.E., takes the reins at McShane Construction, he sits down with recently retired president Jeff Raday for a "Screenside Chat" to talk about leadership, mentorship, significant projects and relationships forged over the years.

‘The Busiest That I’ve Been’: McShane Construction Starts Eighth Multifamily Project in Phoenix

‘The Busiest That I’ve Been’: McShane Construction Starts Eighth Multifamily Project in Phoenix

Commercial construction firm McShane Construction expects to soon break ground on the eighth apartment complex it would have underway in Phoenix, a striking illustration of the boom in multifamily development in the city. Developer Crescent Communities has hired McShane to…

McShane Begins Construction on NOVEL Val Vista

McShane Begins Construction on NOVEL Val Vista

Crescent Communities has selected McShane Construction Company to provide construction services for NOVEL Val Vista. Located in Gilbert, Arizona, the new multi-family community will contain 317 units. “We’re thrilled to work on another multi-family development in Phoenix,” shared Jim Kurtzman,…

McShane to Build Avenida Hendersonville

McShane to Build Avenida Hendersonville

McShane Construction Company is pleased to announce that the firm has been selected by Avenida Partners to provide construction services for Avenida Hendersonville, a new active senior living community in Hendersonville, Tennessee. Last spring, McShane completed the construction of Avenida…

Jeff Raday to Retire as President of McShane Construction

Jeff Raday to Retire as President of McShane Construction

After serving as President of McShane Construction Company for 22 years, Jeff Raday will retire at the end of the year. Upon Raday's retirement from the firm, Mat Dougherty, Executive Vice President at McShane, will transition into the President's role.…

What Housing Developers Need to Know About HUD Financing for Their Next Deal

What Housing Developers Need to Know About HUD Financing for Their Next Deal

As construction lenders continue to be more selective on multi-family deals, more developers are pursuing HUD 221(d)(4) financing for their next apartment property. These non-recourse loans are provided by third-party lenders and are backed by the U.S. Department of Housing…

Concrete Flooring Options and Their Impact on Your Development

Concrete Flooring Options and Their Impact on Your Development

The construction success of a distribution center relies on its most critical component, the concrete floor slab. Concrete floors are taking on increased weight-bearing demands as racking capacities expand. Even the slightest imperfection can negatively impact warehouse operations and maintenance.…