Happy International Women’s Day!
The year 1908 began the journey for global recognition and celebration of the social, economic, cultural and political achievements of women. The first International Women’s Day (IWD) was celebrated in 1913 when the women of Russia campaigned for peace on the eve of World War I. Today, it is often recognized by local activities, rallies, conferences, gifts, and the colors purple and green–symbolizing justice, dignity, and hope.
IWD also falls within Women in Construction (WIC) Week! This time is set aside, each year, to continue to raise awareness of the increased role and opportunities for women in the construction industry. We are proud of and thankful for the women at Gaughan and the hard work that they do!
Team Building Brings Big Thrills
Every year, Gaughan Companies hosts an annual team building event for all of its employees. This year, we took a day during the week to go to Big Thrill Factory in Oakdale with the whole company.
After an address from the company president, Patrick Gaughan, the attendees ate lunch and gathered into smaller groups in order to connect one-on-one with their coworkers. Our staff is growing, and with many of them at locations throughout the Twin Cities, it is important for us to take the time for these team building activities.
We participated in activities like go karts, laser tag, a ropes course, indoor zip line, and other events, like the Gaughan Jeopardy game. The atmosphere was filled with good spirits and friendly competition!
We appreciate our employees and all that they do for our company and our community. We are blessed to have a wonderful group to work with!
Gaughan Team Meets Future Employees at Career Fair
This week, our team hosted a booth at the Dunwoody College of Technology Construction Sciences Career Fair. We were able to meet students from many different majors and converse with college faculty and staff.
We enjoy attending the Dunwoody Career Fair ever year. Hearing about the students’ future goals is so exciting! We are proud of everyone for working so hard toward those goals. We wish you all the luck on your future endeavors!
If you are interested in applying for a position at Gaughan Companies, visit our career page or contact a member of our Human Resources team.
Association Team Joins in for Toys for Tots
The Gaughan Association Management team attended the recent Community Associations Institute – MN Chapter holiday party. It was a great event to network with vendors, and we got to support a good cause by supplying donations for Toys for Tots. Happy Holidays!
Gaughan Construction and Art and Science Academy Celebrate with Ribbon Cutting
Beginning with breaking ground on June 22, 2017, to the final inspection on October 26, 2017, we have loved every step of constructing this project with the Art and Science Academy board, staff and families. The students and teachers have officially moved into their new building, and we were honored to be able to celebrate with them at the ribbon cutting ceremony this week!
Snelling Ave. at I-94 Will See New Development in 2018
St. Paul, MN – July 21, 2017 – Gaughan Companies, Commercial Real Estate Developer and General Contractor, closed on the purchase of 304-308 Snelling Avenue in St. Paul on July 12, 2017. The final decision for the purpose of the new development is still being considered. Gaughan Companies is eager to develop in the city of St. Paul again.
Just off of I-94, the property is within walking distance of the Minnesota United FC Stadium and the Snelling Avenue Metro Transit Green Line. In addition to a new Whole Foods, this ideal neighborhood is also conveniently located near several major universities, including Concordia University, Hamline University, Macalester College, University of St. Thomas and St. Catherine University. Over 42,000 vehicles pass by this corner every day.
The current building was constructed in 1913, and the property has been owned by the same person for nearly 40 years. Gaughan Companies is looking forward to the opportunity to redevelop this site and build a new facility for the community.
For more information, visit www.gaughancompanies.com.
Art and Science Academy Ground Breaking Ceremony
We are honored to be chosen as the General Contractor for the Art and Science Academy’s new middle school in Isanti. It was our pleasure to host a ground breaking ceremony to celebrate the construction of this incredible project.
School Director Carlo Galeazzi, Isanti Mayor George Wimmer, the school Board of Directors, including Chairwoman of the Board Susan Mackert, Economic Development Director Sean Sullivan, teachers, staff, and many others gathered at the construction site to celebrate. We are thankful for the opportunity to build this facility and work with all of these great people.
For more information, visit the Gaughan Construction Facebook page.
https://www.facebook.com/gaughanconstruction/videos/781124825427689/
Artist’s Dream Comes True in Uptown
In November of 2016, Gaughan Construction began work on a new glass blowing studio in Minneapolis for Legacy Glassworks. A few short months later, in January, the studio was ready for a grand opening.
Josh Wilken-Simon, owner of Legacy Glassworks, chose Gaughan Construction to build the new studio because our project manager was the only contractor out of the ones that bid on the project who understood the complexity of the studio’s HVAC needs. Without knowing that Gaughan would win the bid, he drove up to Duluth to examine the system in the first studio.
Wilken-Simon began his studio in Duluth originally because of the artistic community. He spent six years there to confirm that only selling glass from the studio or from artists he knew personally would be fruitful. Wilken-Simon became interested in glass blowing in high school and hopes to be able to teach young artists this craft. Minneapolis was chosen as the location for the second studio in an effort to expand their clientele and share the art of local glass blowers with a greater audience.
Commercial Real Estate Market Statistics: A Summary of 2016 and a Look Toward 2017
2016 was a hot market year for Commercial Real Estate. Thousands of new jobs were created that are having a dynamic impact on our industry and consumer spending continues to rise.
2017 is looking bright as we head into the New Year, and we are excited to see continued growth from business investments, exports, reconstruction and supply chains.
Here’s a brief look back into 2016 and a projection of what’s to come in 2017.
2016
- Third quarter results show that personal consumer spending rose at an annual rate of 2.1 percent. Most of the spending was on goods and services.
- Export activity increased, which means that companies are coming closer to their goal of serving global markets.
- Business investments are up by 5.4 percent. Owners are interested in growing their businesses and are willing to take more monetary risks right now.
- 619,000 jobs were created. Of those, 28,100 were in warehouse employment. The retail sector added 51,200 jobs and the wholesale trade industry gained 18,300 jobs.
- Demand for industrial properties rose, while older properties such as malls and community centers often remained empty.
- Office and retail space building and leasing remain stagnant as business owners are turning their attention to industrial space.
2017
- The national unemployment rate is under 5 percent. This will allow companies to be more profitable since they have enough workers to commit to their production lines and run their office operations. Low unemployment rates also benefit every other industry because these individuals will keep buying goods and services, in turn, balancing out the old economic scale of supply versus demand.
- There will be a small increase in the need for apartments and senior housing as millennials and baby boomers seek to settle into properties that are not single family dwellings.
- An increase in the need for retail and office space is expected, as business owners take more risks and add products and services to their offerings.
- Investor spending by business owners located outside of the U.S. is expected to increase due to the low lending rates and new opportunities afforded them in this country.
- Old malls and dated commercial properties will be re-purposed, turning into classrooms, last mile supply warehouses, expanding city government offices, and possibly new places for entertainment such as kid’s play zones, bowling alleys, and other family-oriented entertainment centers.
- Lower energy prices will continue to be a factor as companies are able to spend less on operations and more on bringing products and services into an area.
Although 2017 seems brighter, there is still work to be done in each community in order to fully restore economic prosperity. Gaughan Companies is excited for these new opportunities, and we look forward to working with you to meet all of your commercial real estate needs.
-Patrick Gaughan
Demolition Begins for Lakes Area Youth Service Bureau’s New Home
On Saturday, December 3, a group of volunteers from Gaughan Companies, the Forest Lake community and area youth gathered together to begin demolition at the site of the Lakes Area Youth Service Bureau’s new space. LAYSB is moving from their current building to the Town Center building in the heart of downtown Forest Lake. The plans for the new space include an education center, group rooms, counseling room, office spaces, reception and staff areas. Gaughan Companies is excited to help LAYSB be able to continue their mission to help the youth in our area.
LAYSB began in 1976 by local law enforcement, teachers and concerned citizens in the Forest Lake, Minnesota community in an effort to help young first time offenders from violating the law again. Since its creation, “the programs have evolved to include Youth Enrichment & leadership, Jobs Plus Programs, Mentoring and Family Support in addition to early intervention for youth, ages 9 to 18 years.” The bureau serves the Forest Lake School District and all of Chisago County.
