There’s more to an upscale restaurant than fine food.
While Michelin stars might draw new customers into your new or newly remodeled upscale restaurant, design and ambiance make them eager to return.
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The cost of construction is rising. According to a recent analysis by the Associated General Contractors of America, unprecedented price increases for various goods and services used in the industry pushed up contractors' costs by 26 percent from June 2020 to June 2021. It's no surprise that association officials are alarmed by these rising prices since they prevent construction firms from reaping the benefits of a reopened economy.
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Inherently we are all looking for a better price, no matter the service. When it comes to tenant improvements or starting a new development it is no different.
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