Commercial construction is the business of building and selling or leasing manufacturing or assembly plants, medical centers, retail shopping centers, and standard space for offices. The business varies primarily in the size and scale of the operations. Typically, the commercial builder either contracts with a company or organization to build the facility or builds the facility on speculation that it can be leased or sold at a later time.
The Commercial construction Environment
Commercial building is driven both by business cycles and population growth. As more people move into a given area demand increases for existing work space. Schools, municipal buildings, retail stores, and offices become more fully occupied driving builders to build office and retail space to meet percieved demand. As the business cycle ramps up, new construction is ordered to provide space for workers and more frequent shoppers.