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IMPACT Strategies Completes Peoria Retail Center with Flagship Schnucks Store

in Companies/News

Construction-management firm IMPACT Strategies today announced it has finalized construction of the Knoxville Crossing Retail Center in Peoria, Illinois. The center is anchored by a 70,000-square-foot Schnucks store featuring a new flagship format that includes an in-store dining option and newly updated exterior and interior designs.

Schnucks Knoxville Crossing, located at 10405 N. Centerway Drive, is the grocer’s first store in Peoria to offer in-store dining. The restaurant serves lunch and dinner, and sells beer and wine by the drink. It is one of only two Schnucks restaurant locations in Peoria.

IMPACT Strategies collaborated with BRR Architecture, Inc., in Merriam, Kansas on the project. The store was constructed of a contemporary mix of concrete, brick, and glass while maintaining the legendary brand for the Schnucks family of stores – with many amenities for convenience and service to its growing customer base.

Mark Hinrichs, president of IMPACT Strategies, said, “We have had a very positive and long-standing relationship with Schnucks, and we were pleased to have helped them with this milestone project.”

IMPACT Strategies, Inc. specializes in Retail, Commercial, Medical, Senior Housing and Education construction and offers comprehensive construction services including design-build, general contracting, construction management and pre-construction management

Rahill Capital to Close on $40 Million of Commercial ‘Pace’ Construction Funding in St. Louis as Popularity of Clean Energy Financing Tool Grows

in Companies/News
Anne Murphy Hill, Pres.
RAHILL Capital

Leads Missouri with 23 Property Assessed Clean Energy (PACE) Funded Transaction Engagements

St. Louis-based RAHILL Capital is poised to close by the end of March 2017 on more than $40 million of Property Assessed Clean Energy (PACE) funded commercial real estate construction and renovation projects across the St. Louis area as the popularity of this public/private energy efficiency financing package grows among real estate developers and property owners here and across the country.  Started in July, RAHILL Capital is already the leading developer and funder of PACE deals in St. Louis, Kansas City and outstate Missouri that partners with PACE capital providers to deliver property assessed energy improvement financing via the owner’s property tax bill at no upfront cost to the owner and with no personal guarantees.  RAHILL Capital has already been engaged by the owners or developers of 23 PACE funded transactions and has closed on four of those deals worth more than $16 million with plans to close on another $30 million in the next five months.

St. Louis area PACE deals closed to date by RAHILL Capital include The Lafayette Lofts in Soulard, 4534 Olive LLC in midtown, and Cambridge Engineering’s headquarters in Chesterfield.

PACE legislation in Missouri allows for building improvements that result in utility savings to be funded by private capital and repaid via a long-term tax assessment.  PACE can be used to fund a wide variety of energy improvements, from HVACR and controls, lighting and electrical systems to building envelopes, plumbing, tuckpointing, drywall, insulation and more.  State legislation has no cap on the amount of PACE funding, and most capital providers are comfortable with a 20-25 percent loan to value.

“PACE financing is proving to be an extremely viable option for commercial real estate developers and building owners,” sad Anne Murphy Hill, President of RAHILL Capital.  “PACE is long term, low cost financing that can partner with mortgage debt and other incentives to close the gap in the capital stack.  We can take a customer’s original construction design and determine what aspects of the current design can qualify for PACE in order to maximize the qualified PACE funding. The possibilities go well beyond typical energy improvements.”

In The Lafayette Lofts project, developer Advantes Group utilized construction financing and a bridge loan from Peoples Bank to convert a historic school building on Ann Street in Soulard into 36 loft residential units.  RAHILL’S management team helped secure $600,000 of PACE funding to reduce the owner’s equity investment and fund a retrofit of the 110-year-old building with energy efficient systems, water conservation systems and related professional services.  RAHILL obtained consent from the project’s mortgage lender to the PACE assessment, worked with the PACE Program Administrator (Set The Pace St. Louis), negotiated with the PACE capital provider, conducted engineering reports and worked with the contractor to identify eligible energy efficiency measures and expenses.

In St. Louis County, RAHILL’S management team helped Cambridge Engineering to significantly lower energy costs, increase property value and create a more attractive workplace for its employees at its headquarters building by coordinating the entire process in securing more than $600,000 in PACE funding for the project.

“Because PACE functions as an assessment on the property, similar to a property tax, the program is a true public-private funding partnership which allows building owners to pay off energy improvements on their property assessments over a 20 year period at competitive interest rates,” Hill added.

Dozens of states and hundreds of municipalities have passed legislation  encouraging PACE financing because it allows building owners the luxury of time to pay. With funding from private capital, the PACE program is modeled after other funding methods used to fund public benefits and infrastructure.

How PACE Works

The process of securing PACE funding takes approximately two months and requires the following analysis and approvals:

Mortgage Lender Consent – The senior lender on the property is required to sign a consent form agreeing to placement of an additional assessment on the property.

Energy Engineering Report – This report is required by the district and the PACE lender. The key components of the report are the Savings to Investment Ratio (SIR) and the weighted average useful life of the PACE funded measures. The weighted average useful life must be greater than or equal to the term of the assessment, and the savings generated by those measures over that term must be greater than the upfront investment.

District Approval –Each municipality selects a third party PACE administrator. The administrator must review each application to ensure they meet the intent of the PACE legislation and oversee the process of placing the assessment placed on the property tax bill, collecting and remitting payments to the PACE lender.

Financial Underwriting & Term Sheet Negotiation – The underwriting process for PACE is different than that of a mortgage. There are no personal guarantees, the primary focus on loan to value ratios (less emphasis on DSCR and the annual assessment amount as a percentage of property value). PACE terms typically include annual payments, the ability to capitalize 1-­‐2 years of payments, and a fixed rate fully amortized payment. Because PACE lenders are focused on long term deals, pre-­‐payment penalties are normal.

Founded in July, 2016 by Anne Murphy Hill and Robert J. W. Hill, RAHILL Capital works with Property Owners and Developers looking for a cost effective, streamlined process of securing PACE funding.

$12.7 Million in Grants Awarded to Assist Small Drinking Water and Wastewater Systems

in Associations/News

The U.S. Environmental Protection Agency (EPA) is awarding $12.7 million in grants to help small drinking water and wastewater systems and private well owners. Water systems staff will receive training and technical assistance to improve operations and management practices, promote system sustainability, and better protect public health and the environment.

“Ensuring safe drinking water for all Americans, whether they live in a small town or a big city, is a priority for EPA and these grants will help smaller systems in communities across the country,” said Joel Beauvais, deputy assistant administrator for EPA’s Office of Water.

The selected grantees are:

  • $4.0 million each to the National Rural Water Association and the Rural Community Assistance Partnership to help small public water systems across the country achieve and maintain compliance with the Safe Drinking Water Act
  • $1.8 million to the University of North Carolina at Chapel Hill to improve the financial and managerial capabilities of small public water systems across the country
  • $1.2 million to the National Rural Water Association to improve operational performance at small publicly-owned wastewater systems and decentralized wastewater systems, thereby improving public health and water quality
  • $1.7 million to the Rural Community Assistance Partnership to inform private drinking water well owners about protecting their drinking water supply and improving water quality

More than 97 percent of the nation’s 157,000 public water systems serve fewer than 10,000 people, and more than 80 percent of these systems serve fewer than 500 people. Many small systems face unique challenges in providing reliable drinking water and wastewater services that meet federal and state regulations. These challenges can include a lack of financial resources, aging infrastructure, and high staff turnover.

Since 2009, EPA has provided $95 million in technical assistance grants to assist small drinking water and wastewater systems and private well owners.

For more information:
http://www.epa.gov/dwcapacity/training-and-technical-assistance-small-systems-funding

City of St. Charles Hires New Public Works Director

in News/People
Jim Wright

The City of St. Charles is proud to announce the addition of Jim Wright to the staff of the City of St. Charles, as public works director.  Wright comes to the City of St. Charles from the Missouri Department of Transportation (MoDOT) where he was most recently serving as area engineer for St. Charles County.

Wright, joining the City of St. Charles in this role, comes as part of the City’s effort to restructure the Public Works Department into two departments, the Engineering Department and the Public Works Department.

During his time at MoDOT, Wright filled several roles that had him working with district and statewide planning staff to identify and prioritize area needs, as well as align the planning process with statewide goals and resources.  Wright also served as the direct liaison for media, civic groups, business leaders and the general public, as well as federal, state and local officials.

“I am very excited to join the team at the City of St. Charles,” said Wright.   “St. Charles is a great community where there is a lot of growth and many exciting projects happening.   I believe my experience will complement the wonderful staff that is in place, and I look forward to working with everyone in helping to continue to move St. Charles forward.”

Wright received his Bachelor of Science degree in Civil Engineering from the University of Missouri – Rolla.  He is licensed as a professional engineer in the state of Missouri.

“We are happy to welcome Jim to the team,” said Sally Faith, mayor of the City of Saint Charles.  “Jim brings a great deal of experience to us and we look forward to having him lead the team as we

St. Louis REALTOR First In Missouri to Earn Certified Senior Advisor (CSA) Status

in News/People

Local REALTOR Distinguished By Highly Respected Certification of Treatment for Seniors

Ted Gottlieb, REALTOR, has earned the distinction of being the first real estate professional in The State of Missouri to become a Certified Senior Advisor (CSA). The Society of Senior Advisors holds each CSA accountable to be “committed to ethical behavior and the knowledge required to benefit senior clients and their families“. Ted is a Breakthrough Coalition Member At Large, Member of The City of Chesterfield’s Older Adult Task Force, Foundation Board Member Mid East Area on Aging, NORC Volunteer; Associate Member Social Workers In Long Term Care. Ted’s other notable designations include: Seniors Real Estate Specialist (SRES), Certified Seniors Housing Professional (CSHP), Certified Aging In Place Specialist (CAPS), Certified Residential Specialist (CRS), Masters in Residential Marketing (MIRM) and Master’s in Business Administration (MBA). Ted has been a licensed real estate agent in The State of Missouri since 2003 and is a Broker-Salesperson with MORE, REALTORS® and ranks in the top 5% in production of all active residential real estate agents in the St. Louis area.

“Too many seniors are faced with obstacles and seemingly no voice of reason or network of resources to turn to. It’s my mission to eliminate their fear by taking one step at a time and streamlining the process and being there whenever needed,” states Ted Gottlieb, REALTOR of MORE, REALTORS.

MORE, REALTORS is a locally owned real estate company based in St. Louis. The Company focus has been on enlisting the best real estate agents in the industry, which as a result leads to happy and returning clients.

ASA Midwest Council Meet the General Contractors Expo on January 25

in Associations/News

The American Subcontractors Association (ASA) – Midwest Council will host its annual Meet the General Contractors Expo on Jan. 25, 2017 at the St. Charles Convention Center in St. Charles, MO. The yearly event gives area subcontractors and construction professionals the opportunity for valuable face-to-face time with some of St. Louis’ top general contractors.

The expo provides an ideal opportunity for construction industry professionals to network with general contractors, all in one place and in a relaxed setting. The expo is specifically designed for networking and building relationships with multiple representatives from the area general contractors.  There are 32 GC exhibitors already registered to be in attendance.

2017 General Contractor Exhibitors:

  • Alberici Constructors
  • ARCO Construction
  • BEX Construction Services
  • Brinkmann Constructors
  • BSI Constructors
  • Clayco
  • Contegra Construction Co.
  • Conway Contracting, Inc.
  • Eagan Design & Build
  • Echelon Constructors
  • HBD Construction
  • Holland Construction Services
  • Impact Strategies, Inc.
  • Interface Construction Corporation
  • Kadean Construction
  • KAI Design and Build
  • KCI Construction Company
  • Keeley Construction Co.
  • The Korte Company
  • Kozeny-Wagner, Inc.
  • LANDCO Construction
  • McCarthy Building Companies
  • McGrath & Associates, Inc.
  • Paric Corporation
  • Pinnacle Contracting
  • R.G. Ross Construction Co.
  • Rhodey Construction
  • SITELINES, Inc.
  • S. M. Wilson & Co.
  • Tarlton Corporation
  • United Construction Ent. Co. STL
  • Volk Construction 

Last year’s event drew more than 1000 attendees. ASA will also have a booth at the expo with information about the St. Louis chapter, and details of upcoming industry events for 2017.

2017 is an extra special year for ASA, as the chapter will celebrate its 50th anniversary. The 15th annual GC Expo will kick off a yearlong anniversary celebration.

Expo Registration is $65 for ASA Members and $95 for Non-Members. Registration includes hosted bar and appetizers. Register online at www.asamidwest.com by January 18th. Advance Registration is required.

The American Subcontractors Association (ASA) Midwest Council is a construction trade association made up of quality specialty subcontractors and suppliers serving the construction industry and the community in the greater St. Louis metropolitan area and southern Illinois. The ASA Midwest Council’s purpose is to improve the construction process through active participation in education, advocacy and cooperation. For more information about the ASA Midwest Council, visit www.asamidwest.com or contact Executive Director, Susan Winkelmann at 314-845-0855. ASA Midwest Council – Building. Community.  

Drilling Service Company Expands Efficiency & Capacity

in Companies/News

Acquires Assets of Deep Foundations LLC:  Second Acquisition in Two-Year Period

Drilling Service Company, a St. Louis-based drilled shaft and deep foundations contractor for commercial, industrial, and utility clients, has acquired the equipment assets of Deep Foundations, LLC, headquartered in Pacific, MO.

“The acquisition of Deep Foundations equipment assets will allow us to improve project efficiency and delivery capacity for our customers,” Jeffrey Murphy, Drilling Service Company executive vice president said.

The equipment assets of Deep Foundations will be incorporated into the extensive inventory of equipment and tools based at Drilling Service Company’s headquarters, warehouse and 21-acre yard facility in St. Louis, MO.

“We are excited about this opportunity to augment our capabilities for existing customers, and to service new customers,” Murphy said.

After a brief transition period, Deep Foundations will be legally dissolved. Deep Foundations is not pursuing new work. All Deep Foundations contracts currently in place will be completed by Drilling Service Company.

“We look forward to providing the same level of service to Deep Foundations’ clients that our clients have enjoyed for over six decades,” Murphy said.

This is Drilling Service Company’s second acquisition of a drilled shaft and deep foundations firm in the past two years. In 2015 Drilling Service Company began the acquisition of Taylor Ridge Drilled Foundations, Inc. of Taylor Ridge, IL.

Drilling Service Company, a second-generation family enterprise owned by brothers Mark Murphy, Bruce Murphy and Jeffrey Murphy, has been in business for 61 years. Deep Foundations, LLC was founded in 2012.  Terms of the acquisition were not disclosed.

For further information contact:  Jeffrey Murphy (314) 291-1111

ASA Midwest Council 2017 Glitter & Gold Awards Gala

in Associations/News

The ASA Midwest Council will hold their 24th Annual Awards Gala on Saturday, April 1, 2017 at The Four Season Hotel in St. Louis, MO. Titled, the Glitter & Gold Awards Gala, ASA will be celebrating 50 years of setting the gold standard in construction.

A Black Tie Optional Celebration-Mingle and mix with the premier General Contractors, Subcontractors, Suppliers, and Service Providers during the cocktail hour, dinner and awards ceremony at the beautiful Four Seasons Hotel in downtown St. Louis. This is ASA MWC’s 24th year honoring the best of the best in the STL construction industry!

Companies are invited to elevate their company’s exposure at this premier St. Louis construction industry event by acting as event sponsors.

Tickets are $160 per person, tables of 10 are available to reserve. Black Tie Optional-valet parking included. Registration closes March 22, 2017.

More information & registration here.

2017 Nominees ASA Midwest Council’s Glitter & Gold Awards Gala

General Contractor of the Year 2017

Category A

  • Alberici Constructors
  • BSI Constructors
  • Keeley Construction
  • McCarthy Building Companies
  • Tarlton Corporation

Category B

  • Interface Construction Corp.
  • Kadean Construction
  • Kozeny-Wagner
  • McGrath & Associates
  • Musick Construction Company
  • Rhodey Construction, Inc.

Category C

  • BEX Construction Services
  • G.S.& S. General Contractors
  • LANDCO Construction
  • SITELINES, Inc.

Service Provider/Supplier 2017

  • Enterprise Bank and Trust
  • Fabick Rents
  • J.D. Kutter Insurance Associates
  • K & K Supply
  • Negwer Door Systems
  • RG Rents
  • Seal the Deal Too
  • United Rentals

MEP Subcontractor 2017

Category A

  • Guarantee Electrical, Inc.
  • Haberberger, Inc
  • Integrated Facility Services
  • C.E. Jarrell Contracting Company
  • Murphy Company
  • PayneCrest Electric
  • RockHill Mechanical Corp
  • Sachs Electric Company

Category B

  • Aschinger Electric Company
  • Bell Electrical Contractors, Inc.
  • Duct Systems
  • Kaemmerlen Electric
  • KayBee Electric
  • O.J. Laughlin Plumbing Co
  • R.F. Meeh Co.

Specialty Subcontractor 2017

Category A

  • Affton Fabricating & Welding
  • Collins & Hermann, Inc.
  • Fenix Construction Co.
  • Flooring Systems, Inc.
  • Heitkamp Masonry
  • John J. Smith Masonry Co.
  • J. Wies Contracting, Inc
  • Vee Jay Cement Contracting

Category B

  • AME Constructors
  • American Steel Fabrication
  • BAZAN Painting Co.
  • Golterman & Sabo
  • Meyer Painting Co.
  • Swanson Masonry, Inc.
  • Taylor Excavating

 

Edward J. Twehous named AGC of Missouri Board Chairman

in Associations/News/People
Ed Twehous

Missouri Highway Contractor to Lead Statewide Association in 2017

Ed Twehous, vice president of Twehous Excavating Company, Inc. has been elected the chairman of the board of the Associated General Contractors of Missouri (AGC) for 2017.    Twehous is a life-long resident of Jefferson City and has been active in the construction industry for over 40 years.  Twehous has the rare drive to deeply engage in issues and organizations in which he believes.  He has an extensive list of civic and charitable responsibilities – many related to St. Francis Xavier Parish in Taos, MO and Helias Catholic High School in Jefferson City.  Twehous has served on construction industry-related boards and commissions for several municipalities in Missouri and, since 2008, has been a member of the Missouri Blasting Safety Board (appointed by Gov. Matt Blunt).

Twehous’s dedication to the construction industry doesn’t end there.  He has been deeply engaged in the Associated General Contractors for over 30 years.  He has served on the AGC of America’s Board of Directors/Governors, has been chairman of most every committee he’s served on with the AGC of Missouri and was Chairman of the AGC of Missouri in 2005, long before the merger with the AGC of St. Louis. Whether it is the governmental affairs committee, joint committees with MoDOT or DNR, or the Young Executives Club, Ed dives in with gusto.  Twehous also was instrumental in the merger of the former AGC of Missouri with the AGC of St. Louis in late 2014.

Other officers of the AGC for 2017 are:  chair elect of the board – William Wagner, S. M. Wilson & Co.; vice chair of the board – Chip Jones, Emery Sapp & Sons, Inc.; secretary-treasurer – Becky Spurgeon, Interface Construction Corporation; building division chair – Greg Hesser, Alberici Constructors, Inc.; heavy/highway/infrastructure division chair – Paul Ideker, Ideker, Inc.; building division vice-chair – John Doerr, Tarlton Corporation; and, heavy/highway/infrastructure division vice-chair – Bryan Wilkerson, Clarkson Construction Company.

Serving on the board representing contractor members are:  Scott Drury, Bloomsdale Excavating Co., Inc.; Zachary Hamilton, Kwame Building Group, Inc.; Michael Kennedy, Jr., KAI Design & Build; Joe Ritz, Comanche Construction, Inc.; Don Rosenbarger, Delta Companies; and, Sean Thouvenot, Branco Enterprises, Inc.

Serving on the board representing the AGC’s specialty contractors are:  Jamie Loch, Collins & Hermann, Inc. and Jon Danuser, Johnson Controls, Inc.

Serving on the board representing the AGC’s supplier/service providers are Maureen Crawford, Seiler Instrument & Manufacturing Co., Inc. and Erik Thompson, Silver Eagle Construction Products, Inc.

The ex-officio board members representing the Construction Leadership Council and Young Executives Club for 2017 are Oliver Coulson of Tarlton Corporation and Randy Besand of Pace Construction, respectively.

The Associated General Contractors of Missouri is the leading voice of the construction industry in Missouri, representing over 500 commercial, industrial, heavy and highway contractors, industry partners and related firms in 110 counties throughout Missouri.

Knoebel Construction Doubles Office Space With Move To Chesterfield, Mo

in Companies/News

Knoebel Construction, Inc., a full-service general contractor specializing in retail development, restaurant, grocery and retail construction nationwide, has moved its headquarters from Fenton, MO, to Chesterfield, MO, in St. Louis County. The new location at 18333 Wings Corporate Dr. more than doubles Knoebel Construction’s space to 9,688 square feet.

Mathew Mabie

“Chesterfield Valley is a great central location to service our local clients, and being adjacent to Chesterfield Airport is very convenient for visits by our national roster of clients,” said Matthew Mabie, president of Knoebel Construction. “Chesterfield also is an area of high growth and development in our specialty area of retail shopping centers and restaurants.”

The new headquarters features 18 offices organized into two wings for project management and accounting/admin staff, three conference rooms, a team engagement area, a full kitchen and 2,500 square feet of warehouse space. The purchasing agent was Daniel Hayes at NAI Desco.

Keith Snider

Owners Matthew Mabie and Keith Snider, former employees of Knoebel Construction, purchased the company in 2012. Today, Knoebel Construction has expanded nationwide, providing full-service development, contracting and construction management services to real estate development firms, independent restaurant and retail owners, and retailers.

ABOUT KNOEBEL CONSTRUCTION, INC.
Knoebel Construction, Inc. is a national general contractor specializing in retail development, restaurant, grocery and retail construction.

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