Commercial Construction on the Rise in Columbia

4 years 8 months 2 weeks ago October 02, 2012 Oct 2, 2012 Tuesday, October 02 2012 Tuesday, October 02, 2012 2:21:00 PM CDT in News
By: Chloe Alexander
loading

COLUMBIA - The city has seen an increase in commercial building permits for the six-month period ending in August, compared to the same period last year. From March to August 2011, the city issued 103 commercial building permits. For the same period this year, that number was 121. 

Commercial construction permits include new commercial buildings as well as buildings that have added more property and have been altered.

"There is a rebirth of commercial construction trends that had decreased after the economy went sour back in early 2008," said city development service manager Pat Zenner.

Driving around Columbia, one can find more than 100 subcontracting companies and suppliers working on projects. Hercon Construction has more than half a dozen in orange vests and hard hats hammering away at cement and metal to create three new shopping centers. The properties are at the Broadway Marketplace and Broadway and Conley Road and at the Shoppes at Stadium at Stadium Boulevard and Worley Street.

Both Zenner and Hercon president Jeff Herigon said it is not surprising that commercial property construction has been on the rise. Not only are there new buildings already being built from the ground up, but contractors are still filling out many applications for building renovations and alterations for new business that are coming in. 

"We believe that is all stemmed from the fact that we have grown as a community," said Zenner.

"The market has grown over the past two years," said Herigon. 

Columbia saw a 28 percent population increase between 2000 and 2010. Zenner said the city estimates the population at 110 to 112 thousand now. 

There has been a lag in commercial property in the past years because the population increase has demanded more residential building. 

Zenner also credits the growth in commercial property to the improving economy nationally. 

"The national improvement in the economy obviously has folks being more eager to build and they are more comfortable to build because money is flowing a little easier," said Zenner. 

Areas for much of the current construction had already been zoned--in some cases years ago--to allow for commercial sites. Now that Columbia's economy has reached a level where it can grow, builders are taking advantage and resuming their original plans. 

Builders said the city can expect to see a lot of retail development once construction is finished. Zenner said this construction is feeding off the fact that their are other retail shops in the same space which allows for capitalism and competition. 

"Really, there is this retail bubble and gap that wasn't being filled as we were growing in population," said Zenner. "That lag that we typically see in the planning profession is being filed at this point."

The City of Columbia recently passed some new fee increases in the FY2013 budget which include an increase in building permit fees. Zenner said this can impact the rise in building permits, but he doesn't expect the trend to decrease any time soon. 

More News

Grid
List
COLUMBIA - Columbia College will giving high school students a chance to earn college credits. The two dual credit classes... More >>
1 hour ago June 23, 2017 Jun 23, 2017 Friday, June 23 2017 Friday, June 23, 2017 2:43:00 PM CDT in News
JEFFERSON CITY- The Missouri State Highway Patrol celebrated the graduation of 27 troopers in Jefferson City on Friday morning. ... More >>
1 hour ago June 23, 2017 Jun 23, 2017 Friday, June 23 2017 Friday, June 23, 2017 2:31:00 PM CDT in News
MONITEAU COUNTY - A man was taken into custody after the Moniteau County Sheriff's Office and Mid-Missouri Drug Task Force... More >>
2 hours ago June 23, 2017 Jun 23, 2017 Friday, June 23 2017 Friday, June 23, 2017 1:39:00 PM CDT in News
COLUMBIA – Four summer interns work with the city of Columbia to rate the conditions of roads and determine which... More >>
2 hours ago June 23, 2017 Jun 23, 2017 Friday, June 23 2017 Friday, June 23, 2017 1:33:45 PM CDT in News
MONITEAU COUNTY - The Missouri State Highway Patrol is investigating a deadly crash north of Tipton on Wednesday. According... More >>
3 hours ago June 23, 2017 Jun 23, 2017 Friday, June 23 2017 Friday, June 23, 2017 12:40:00 PM CDT in News
COLUMBIA - Columbia Police responded to an armed robbery Thursday night at Cirilla's on Bukner Street. According to investigators,... More >>
6 hours ago June 23, 2017 Jun 23, 2017 Friday, June 23 2017 Friday, June 23, 2017 9:22:00 AM CDT in News
NEVADA (AP) — Authorities say a western Missouri deputy has shot and killed a driver after a pursuit ended with... More >>
7 hours ago June 23, 2017 Jun 23, 2017 Friday, June 23 2017 Friday, June 23, 2017 8:33:11 AM CDT in News
BOONVILLE - The Boonville Heritage Days is going on this weekend with the same carnival operator it's had for the... More >>
7 hours ago June 23, 2017 Jun 23, 2017 Friday, June 23 2017 Friday, June 23, 2017 8:10:00 AM CDT in News
ST. LOUIS (AP) — Authorities say a woman has been killed in a St. Louis house fire. KSDK-TV reports... More >>
9 hours ago June 23, 2017 Jun 23, 2017 Friday, June 23 2017 Friday, June 23, 2017 6:36:00 AM CDT in News
COLUMBIA (AP) — UPDATE: The University of Missouri Board of Curators Friday rescinded Bill Cosby's honorary degree in humane letters,... More >>
9 hours ago June 23, 2017 Jun 23, 2017 Friday, June 23 2017 Friday, June 23, 2017 6:11:00 AM CDT in News
JEFFERSON CITY (AP) — Missouri Republican Gov. Eric Greitens said he prefers a ramped-up House version of a bill to... More >>
20 hours ago June 22, 2017 Jun 22, 2017 Thursday, June 22 2017 Thursday, June 22, 2017 7:04:56 PM CDT in News
COLUMBIA – Some Missouri citizens will be affected by a change coming to the Missouri Rx program. On July... More >>
20 hours ago June 22, 2017 Jun 22, 2017 Thursday, June 22 2017 Thursday, June 22, 2017 6:59:00 PM CDT in News
COLUMBIA – Members from Crockett Enginerring Consultants and neighhbors from the Villas at Vintage Falls learned that one rezoning plan... More >>
21 hours ago June 22, 2017 Jun 22, 2017 Thursday, June 22 2017 Thursday, June 22, 2017 6:42:00 PM CDT in News
JEFFERSON CITY (AP) — A Missouri circuit judge said Republican Secretary of State Jay Ashcroft's office wrote a confusing and... More >>
21 hours ago June 22, 2017 Jun 22, 2017 Thursday, June 22 2017 Thursday, June 22, 2017 5:54:06 PM CDT in News
KANSAS CITY (AP) — A former Kansas City physician was sentenced to one year and three months in federal prison... More >>
22 hours ago June 22, 2017 Jun 22, 2017 Thursday, June 22 2017 Thursday, June 22, 2017 5:18:30 PM CDT in News
COLUMBIA - The University of Missouri has announced a housing program that would allow guests to rent out rooms in... More >>
22 hours ago June 22, 2017 Jun 22, 2017 Thursday, June 22 2017 Thursday, June 22, 2017 4:55:00 PM CDT in News
COLUMBIA - Southern Boone School District leaders are trying to crack down on outstanding lunch debts. The school board will... More >>
1 day ago June 22, 2017 Jun 22, 2017 Thursday, June 22 2017 Thursday, June 22, 2017 3:14:00 PM CDT in News
COLUMBIA – MU curators are concerned about finances for plant facility growth. The UM Board of Curators met on... More >>
1 day ago June 22, 2017 Jun 22, 2017 Thursday, June 22 2017 Thursday, June 22, 2017 3:02:00 PM CDT in News
Columbia, MO
Broken Clouds 79°
4pm 82°
5pm 81°
6pm 80°
7pm 79°

Select a station to view its upcoming schedule:

Coming Up Next

3:00p
Dr. Phil
4:00p
Jeopardy!
4:30p
Jeopardy!
3:00p
The Robert Irvine Show
4:00p
Cops Reloaded
4:30p
The Cleveland Show

Tonight's Schedule

7:00p
America's Got Talent
9:00p
Dateline NBC
7:00p
The Originals
8:00p
Riverdale
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld