In a world where the only constant is change, we are not immune to the financial shifts that influence our clients bottom line. One of the most significant challenges we face in recent times is the rising interest rates on commercial construction projects and remodels. The era of cheap money may be gone, but we built our business during a high interest rate environment in previous decades. We know these rates can be a challenge, but we’ve been here before and we can thrive during these changes.
Walking around the office these days there are a lot of new faces. I have had the privilege of welcoming so many new people to the Fortney & Weygandt family. It has been wonderful to meet so many people, from a variety of skilled backgrounds. I am honored that they have chosen Fortney & Weygandt, Inc. for their place of work. I hope to be celebrating many work anniversaries with them in the future.
Fortney & Weygandt, Inc. recently completed the Ganzhorn Suites in Avon, OH.
One of the more common questions I have been asked by potential clients is how can Fortney & Weygandt, Inc. compete on bids for projects that are out of the range of our Northern Ohio headquarters. It is a great question, and the answer involves a 43 year evolution that Fortney & Weygandt, Inc began with our very first job.
During this time of the year, everybody is thinking about a change – or resolutions – as we head into a new year.
Mitch Lapin, President of Fortney & Weygandt, Inc was featured in a recent issue of Commercial Construction and Renovation magazine along with one of current senior living projects.
We have written before about the changing nature of retail projects as retailers look at non-traditional spaces for their next project. The trend continues with our most recent project of converting a former HH Gregg store into a Waterway express Car Wash. Converting a former appliance and consumer electronic showroom into a drive-thru car wash had it’s challenges. We added wash bay entrances into the front and back of the existing structure, new floors into existing space, and many modifications to the structure to accommodate a unique new use. Click below to visit the project's page with photos, details and video.
Fortney & Weygandt, Inc. recently completed construction on an Extended Stay America in Port Charlotte, FL. This was a 53,000 square foot 4 story new build hotel. This 120 room hotel offers 9 room variations to fit their clients needs. The hotel is conveniently located off I-75, just miles from the harbor.
We enter this year with some room. Well, 745 rooms to be exact! We have several hotel projects under construction ranging from the early stages in the design-build process to preparing for the furniture, fixtures, and equipment. And there are more coming! We have been building hotels through many cycles in our forty-two years of construction. We usually see a burst of new construction and then an inevitable drop off—note the emphasis on usually. This time seems to be different.
