In The News

See what’s new at McShane Construction Company.

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.…

McShane Underway with The Manor Scottsdale

McShane Underway with The Manor Scottsdale

McShane Construction Company is underway with construction on The Manor Scottsdale. The Related Group selected the firm to provide construction services for the new 286-unit multi-family development in Scottsdale, Arizona. The project is one of six multi-family projects currently underway…

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…

2020 ABC Illinois Excellence in Construction Award – Industrial

2020 ABC Illinois Excellence in Construction Award – Industrial

Bystronic Experience Center received an Excellence in Construction Award in the industrial category from ABC Illinois. The award recognizes projects for their achievements in leadership, safety, innovation and diversity. The building offers 165,000 square feet of space to support its…

2020 ABC Illinois Excellence in Construction Award – Residential

2020 ABC Illinois Excellence in Construction Award – Residential

Avenida Naperville received an Excellence in Construction Award in the residential category from ABC Illinois. The award recognizes projects for their achievements in leadership, safety, innovation and diversity. Avenida Naperville is an active senior living community with 146 apartment units.…

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…

2020 Lifetime Achievement Award

2020 Lifetime Achievement Award

McShane Construction Company Founder & CEO, Jim McShane, was recognized for a remarkable career with the 2020 Illinois Real Estate Journal Lifetime Achievement Award. Jim’s leadership, creativity and intuitive knowledge of design/build construction propelled the organization into one of the…