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Old Posted Sep 13, 2016, 8:03 PM
arctk2014 arctk2014 is offline
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Quote:
Originally Posted by Atlanta3000 View Post
It might have been more helpful to suggest another source. With that said, the cost have not gone up 4X since 2009.

Now can someone with a background in construction "constructively" answer my question? Thanks in advance.
Sorry was trying to respond during my lunch break. It's a bit more difficult to go into details but a lot has to do with rising construction costs and labor shortages - particularly skilled labor that's had a huge deficit.

I would also assume higher costs associated more than likely include interior build-outs since it's a company's HQ rather than spec office build-out (core and shell).

The specifics cited for construction costs might also be folding in the debt for the land, etc for them trying to get bonds, approvals, etc.
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