YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Owner/developer: Magers Management Co.
General contractor: BP Builders LLC
Architect: H Design Group
Engineers: Lee Engineering and Associates Inc., civil; Bergmann Engineering Co. LLC, structural; and CJD Engineering LLC, mechanical, electrical and plumbing
Size: 21,288 square feet
Estimated cost: $2.3 million, per city permit
Lender: WND
Estimated completion: Late September
Project description: Magers Management Co. owner Randy Magers is building a two-story apartment building next door to his brother Bryan’s dorm development underway on the Missouri State University campus. General contractor Adam Pyle of BP Builders LLC said Holland Apartments is designed with 48 microunits, similar to Randy Magers’ new mixed-use property around the corner on Madison Street and Kimbrough Avenue. On Holland, two aging buildings were demolished next door to the Catholic Campus Ministry building, Pyle said. Shannon Handwerker, Magers Management’s vice president of operations, said the fully furnished studio apartments will lease for $675 per month, including utilities, internet, furniture and a smart TV.
Local developer plans renovations after investing $5 million in foreclosed property acquisitions.
How do you develop your company's core values? Mark Struckhoff and Michele Delcoure, both with Council of Churches discuss how they did it and the importance of why you should. Ask the Experts is a monthly series in cooperation with Springfield Business Journal. This is sponsored content.
As employees are more mobile and have a desire to work from home, Haden Long owner of Ellecor, explains office spaces are trending towards a more home-like feel. Things like shared work spaces, office pets, and cozy furnishings allow employees to be selective about where they work and become more effective as a result.
Every industry has to navigate trend shifts, but Scott Shotts of Missouri Spirits describes the changes in beverage industry as anarchy. Tried-and-true spirits rules are being ignored. Learn how the local distillery balances following the trends for product development with taking risks.
Kevin Wyas, founder of ECRI, started his first business at the age of 19, ran the business for 16 years before selling it. He recognizes the benefits of starting a business so young when he had relatively little to lose. "The stress and the uncertainty of this would be crippling," he says for somebody accustomed to a regular paycheck.
ighty percent of questions are common across industries, so you don't need industry-specific experience to do effective market research according to Debra Kassarjian, independent consultant and owner of DKInsights. As a matter of fact, she thinks there is a great deal to be gained from exchanging ideas outside of your industry.
Danny Collins, 37 North founder and guide, says the biggest leap they took in the first year was to purchase a vehicle. That major financial investment, however, allowed them to provide their outdoor guide services at a price point they felt was more appropriate.
Springfield Diner owner Ömer Önder sits down with a restaurant consultant who starts challenging the menu offerings."No bashful food." The blunt conversation is the launching off point to determine how the Mediterranean influence will affect the young restaurant's offerings in the future. Made to Order is an ongoing sbjLive documentary series in collaboration with Springfield Business Journal tracking the rebranding of a local restaurant.
Haden Long, owner of Ellecor, opened a retail home decor business five years ago in a traditional retail space. When the interior design side of the business took off, she decided to renovate a 100-year old bungalow to better show off product samples and installations.
Scott Shotts, partner with Missouri Spirits, says when they started in 2011 there were approximately 300 distilleries in the U.S. and now there are more than 3,000 so competition has grown significantly. Diversification of their business model has helped them succeed.
Matthew Blystone of Theta Float Spa had the financial means to start the unique business, but used crowdsourcing for pre-orders to determine market interest in addition to gathering a nice cash reserve before opening.
