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First Draft Live Ep. 10: Inside The Construction Danger Zone (with Les Hiscoe)

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Manage episode 500480130 series 3004698
Content provided by Andrew Nathanson. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Andrew Nathanson or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

This episode of First Draft Live is presented by Agora.

It’s been a chaotic year for the construction industry.

Between a volatile tariff regime, elevated interest rates and increased pressures on its labor force, contractors have had to navigate one of the most difficult environments in recent memory.

On this week’s First Draft Live, Shawmut Design and Construction CEO Les Hiscoe breaks down the impacts of the uncertainty and how his $2B Boston-based company is handling the turmoil.

“When things aren’t known and you can’t really plan on them in our industry, you can’t give our clients predictability,” he said on the show.

While many developers are responding to the moment by delaying projects — Hiscoe said one of his clients won’t start building until interest rates fall a full percentage point — Shawmut is advising them against it as the impacts of tariffs have yet to fully be realized.

“Waiting is a mistake,” he said.

Register on Bisnow.com to join next Friday's conversation live, or check back here for the conversation after it airs.

  continue reading

148 episodes

Artwork
iconShare
 
Manage episode 500480130 series 3004698
Content provided by Andrew Nathanson. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Andrew Nathanson or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

This episode of First Draft Live is presented by Agora.

It’s been a chaotic year for the construction industry.

Between a volatile tariff regime, elevated interest rates and increased pressures on its labor force, contractors have had to navigate one of the most difficult environments in recent memory.

On this week’s First Draft Live, Shawmut Design and Construction CEO Les Hiscoe breaks down the impacts of the uncertainty and how his $2B Boston-based company is handling the turmoil.

“When things aren’t known and you can’t really plan on them in our industry, you can’t give our clients predictability,” he said on the show.

While many developers are responding to the moment by delaying projects — Hiscoe said one of his clients won’t start building until interest rates fall a full percentage point — Shawmut is advising them against it as the impacts of tariffs have yet to fully be realized.

“Waiting is a mistake,” he said.

Register on Bisnow.com to join next Friday's conversation live, or check back here for the conversation after it airs.

  continue reading

148 episodes

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