Quote:
Originally Posted by Atlanta3000
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.
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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.