This week host Chad Griffiths combines interviews with two construction experts, Darin Brindle and Jeff Walston, to give an overview of what’s happening in the industry and how it impacts commercial real estate developments.
Brindle and Walston are both general contractors who have extensive experience and insights into the construction world.
Griffiths interviewed them separately, but has combined the commentary into one episode to give a more complete overall picture of the current challenges. They also offer a look under the hood at how their business operates.
0:00 – Introduction;
1:36 – Over budget and behind deadlines;
3:56 – How do general contractors work?
5:33 – Interface between clients and contractors;
8:03 – Engaging a general contractor;
10:05 – Value engineering an over-budget project;
11:27 – Residential contractor on a commercial project;
14:00 – Design team as part of the process;
17:10 – Challenges in the construction industry;
19:40 – Design, bid and build process;
22:05 – How has pricing changed over the past two years?
23:50 – Bidding is a part of the business;
25:50 – Are high construction prices going to last?
28:00 – New project timing recommendations;
32:35 – Forecast for the next 12 – 18 months;
36:40 – Differences between large and small general contractors;
39:50 – Manpower issues.