Archive for February, 2016

17 Feb 2016

The Outlets at Corpus Christi Bay Outlook

  KIIITV3 takes a look at the impact The Outlets at Corpus Christi Bay will have on the local economy.
16 Feb 2016

Historic Cedar Falls Depot Becomes Home to Financial Firm

DepotA downtown Cedar Falls landmark, the former Rock Island Depot at 422 Main St, has been purchased by a Waterloo financial services firm. Dan Fenci, the operator of ICM Financial Services at 1209 Dundee Ave. in Waterloo, purchased the historic former railroad depot. Located on the Main Street Parkade, and most recently occupied by Regions Bank, a two phase restoration is in the works with phase one consisting of
8 Feb 2016

Low Oil Prices a BOON for Corpus Christi MSA

refineryIf you’re in the oil business these days, it’s good to be a refiner.  Refineries are benefiting from the declining crude oil prices, turning it into higher priced products such as gasoline and jet fuel while low prices at the pump drive up consumer demand for fuel. U.S. refineries are busier than ever, running at well above 90% of capacity. Refining capacity has reached approximately 17.8 million barrels a day, an increase of 400,000 barrels a day from just two years ago.
2 Feb 2016

Why hasn’t declining materials costs resulted in lower project expenses?

Construction COstsNearly every type of building component used in the construction process has decreased in cost in recent years according to the U.S. Department of Labor’s Producer Price Indexes (PPI), despite increased construction spending and growing demand for all types of materials:
  • The price of aluminum mill shapes and steel mill products decreased by double digits in 2015.
  • Between 2010 and 2015, the cost of copper and brass mill shapes have declined substantially, while flat glass costs remained steady.
  • Between March 2014 and March 2015, the price of