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.
Assuming your question is, "How the hell is this a $140 Million building? Is it made out of gold?"
NCF is investing $145 million into Phase II, which is 250,000+ SF. One would assume this involves expenses such as purchasing the land, interior build out (since they will be occupying the building), and as arctk2014 said, design and construction services. Then factor in your assume material costs, which have steadily risen, and labor costs which are very high right now due to a low labor pool.