BC Group
Multnomah County Enhances Portland’s Housing Incentive Program to Foster Development in High-Cost Areas
At BC Group, we’re excited to see what impact this will have and applaud the efforts taking place to encourage affordable housing. In a significant move to support housing development in Portland’s pricier neighborhoods, the Multnomah County Board of Commissioners, on a recent Thursday, approved a pivotal amendment that broadens the scope of Portland’s Multiple-Unit…
Read MorePortland City Council Undertakes Efforts to Help with Housing
In case you missed it, the Portland City Council has recently taken significant steps to address the city’s housing development challenges through the Housing Regulatory Relief Project. While the impact remains to be seen, it’s a positive step to streamline the commercial project development process. This initiative seeks to reduce the financial and procedural hurdles…
Read MoreWhat are the Considerations for Converting Office to Residential, and How Can BC Group Help?
Converting office space into a residential unit involves several considerations, including providing the necessary amenities to ensure comfort and functionality for the tenants. The specific amenities you can provide will depend on the size and layout of the space, local regulations, and the preferences of the residents. Experienced project teams and owner’s representatives can help…
Read MoreWhat are the Evolving Priorities for Deciding Where to Live?
Many factors influence how people think about and decide where to live. Traditional considerations include job opportunities, cost of living, the housing market itself, climate, educational quality, family ties and more. However, some of these traditional factors are shifting and residential developers, designers and others involved in the industry need to focus more on the…
Read MoreMulti-family Construction is Holding Steady. Why is There Still Such a Housing Shortage?
The multifamily construction segment is still excelling, according to a recent report, but a nationwide housing shortage persists. The housing shortage can be attributed to various factors, such as population growth, limited construction of new housing units, zoning restrictions, and increasing demand for affordable housing. How can multifamily housing supply be so steady, when, per…
Read MoreCould Unused Office Space Help Solve the Lack of Housing While Benefiting Cities?
City centers are struggling to fill the gap left by commuters who now come into the office a few days a week, if at all. These employees took advantage of downtown businesses, from restaurants to dry cleaners, and without them, these businesses are struggling or closing. Converting vacant office buildings into residential spaces is an…
Read MoreCommercial real estate professionals upbeat about longer-term prospects
According to PricewaterhouseCoopers International Limited (PwC) and the Urban Land Institute’s Emerging Trends report, most commercial real estate professionals are reasonably optimistic about longer-term prospects. While two straight quarters of declining gross domestic product indicate that the U.S. economy entered recession in the first half of 2022, other economic metrics do not support this conclusion.…
Read MoreImproving Time Management On Commercial Construction Projects
Time management is a very challenging aspect of managing business, let alone our lives. Managing your time is the best way to get things done throughout the day but never feel like you are falling behind. By staying ahead of the challenges that come from being short on time, project managers and construction advisors are…
Read More10 Construction Challenges Property Owners Miss
Every project has its challenges. The bigger the project, the bigger the challenge. The fact is that large construction projects tend to have more headaches than others, particularly because of all the planning and management that has to go in each aspect. On a smaller, residential project, the general contractor or property manager would be…
Read MoreWindow Washing Rooftop Anchors – Who is Responsible for incorporating Them Into the Building Plans?
When a multistory building is being constructed, a small but crucial detail are the anchors that must be installed for window washers to anchor to. By law from OSHA, these anchors need to support 5,000 pounds in any direction. But who is responsible for planning for these anchors and ensuring they are part of the…
Read MoreHalf of Portland’s New Multi-Family Project Parking Spaces Must Support Future EV Charging Stations
There’s no doubt that electric vehicles are gaining in popularity and can be an important component in lessening greenhouse gas emissions and meeting clean air standards. But it’s a classic chicken and egg scenario. More cars need more charging stations and some people may be hesitant to purchase them without more stations. And the group…
Read MoreWhat is the Latest with Green Building?
Green building is an innovative approach to creating buildings in a sustainable way that minimizes the environmental impact of construction and design. As technology and construction practices become more advanced, green building has become increasingly popular with builders, architects, and homeowners alike. In this blog post, we will discuss the latest trends in green building,…
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