Sentences with phrase «higher construction costs»

Construction costs — Higher construction costs reduce developer profits and discourage them from building more houses.
Higher construction costs might make financial institutions more likely to perceive renewables as risky, lending money at higher rates and making it harder for utilities or developers to justify the investment.
The increase in productivity paid for the building's higher construction costs within a year.
The elevated loan limits are designed to offset higher construction costs in these states and territories.
hypotheticals (that conveniently ignore emissions, homologation, higher construction costs and unequal fuel prices).
That increase is a result of higher construction costs, as well as a $ 59,000 replacement of the lower part of the southern stairway that was not previously in the plan, park officials said.
In Waterloo Region, this one shed could end up costing local taxpayers $ 20 million a year in higher construction costs.
WESTERN Australia's high construction costs threaten to constrict the new project pipeline, according to Perth's leading architecture firms.
Massachusetts home insurance rates are driven by high construction costs.
In St. Louis, Mo., REALTOR ® Eric Friedman said his state's historic tax credits program was initially passed in 1997 «because we have a low - housing - cost market in St. Louis, but high construction costs.
High construction costs are holding speculative activity in check.
Demand for apartments continues to be strong in Orange County, where high construction costs and surging land values maintain the housing market as one of the most expensive in the country.
High construction costs are likely to creep higher this year, says Kenneth Simonson, chief economist at the Associated General Contractors of America.
It wont, London is the 2nd highest construction costs in the world, but I am going to grant.
High construction costs and labor shortages mean builders can't build fast enough to keep up with household formation, and Americans who already own homes are reluctant to sell an asset that is appreciating rapidly.

Not exact matches

In many cases, acceleration should lower their costs, as nominal interest rates will likely be higher two years from now than they are today, and idle construction crews in Alberta are relatively abundant.
The company warned that Shacks opened in new markets «are likely to be less profitable on average than our Manhattan Shacks and may have higher construction, occupancy or operating costs than Shacks we open in existing markets.»
The fees are one of many factors driving up the cost of buying or renting a home, including income inequality, restrictive zoning, low construction productivity, a historic slowdown in housing production, and high prices for land, materials, and labor.
The United States Chamber of Commerce has also objected to his Buy American stance, claiming that whenever the government has enacted domestic sourcing rules in the past, «the resulting experience has been higher overall construction costs, increased compliance burdens, reduced competition, and disruption of supply chains without significant American job creation.»
Construction and architecture firms: «These tariffs will translate into higher costs for consumers and U.S. businesses that use these products, including home builders,» Randy Noel, chairman of the National Association of Home Builders, said in a statement.
Concessions in the office market are at an all - time high, partly due to record construction costs.
«Prices continued to rise modestly» across districts, with several reporting higher construction materials costs and increased home prices.
Details have yet to be released on any prospective tax incentives the city might offer, which is another factor Amazon is considering, and might help offset New York City's high costs of construction and living compared to other contending cities.
Not only will Whole Foods be able keep construction costs relatively low, it can also save money on occupancy costs because of the smaller size of the stores — thus achieving higher returns on capital.
«As an example of the supply chain effect in light of the high response rate from the construction and real - estate industries, the increased costs to this sector could potentially translate to consumers.
A tariff on steel, for example, will impact the steel industry overseas but in turn could make costs higher for American construction companies that use steel.
I love a great real estate deal, for example, where I can buy a high quality home for less than the cost of its construction.
Expect eventual success for the One Belt, One Road Initiative — the world's largest construction project, estimated to cost $ 80 trillion dollars — linking the Asian mainland, (including Central Asia) with Europe via high speed rail, communications links and vibrant financial trading platforms.
As a point of reference, and keeping in mind that building costs vary greatly across the country and can be much higher or lower depending on scale and the involvement of a contractor or paid laborers, one recent building project detailed its construction costs through every stage of the process and totaled $ 88,000.
Throughout the construction process, Rob Mescolotto, founder and owner of Hospitality Construction Services, coordinated with Streetsense to reduce construction costs by sourcing high - quality materials that not only fit into the budget, but brought the design firm's visconstruction process, Rob Mescolotto, founder and owner of Hospitality Construction Services, coordinated with Streetsense to reduce construction costs by sourcing high - quality materials that not only fit into the budget, but brought the design firm's visConstruction Services, coordinated with Streetsense to reduce construction costs by sourcing high - quality materials that not only fit into the budget, but brought the design firm's visconstruction costs by sourcing high - quality materials that not only fit into the budget, but brought the design firm's vision to life.
The club's finances were looking far healthier in 16/17 compared to 15/16 when the dangerously high wage - to - turnover ratio coupled with Main Stand construction costs led to a loss exceeding # 20m (which would have been far worse had it not been for a sizeable profit on disposal of players» registrations).
Residents will be asked to approve the sale of $ 6.9 million in bonds to finance the construction of a scaled down version of the $ 15 million Hunt Club Leisure Center proposal, which was shot down by voters in April because of its high cost.
Our company is strong and we are proud to continue serving our community and delivering the highest quality construction work in a cost - effective, professional and integrity - driven manner.»
Construction experienced the highest rate of insolvencies of any industry in the second quarter, a sure sign that weak demand, extremely competitive pricing and rising costs are all having a destructive effect on the industry which will continue to be felt for years to come.»
Council members sounded off about some of the same issues, including the high cost of the bus passes given to students and the need to improve vocational education because there are jobs in the booming local construction industry and economy.
Cohen said the expected budget savings will be offset by construction costs and higher mental health costs.
And Heidi Burkhart, president of the affordable housing brokerage Dane Real Estate, warned that the higher construction wages negotiated by REBNY and the Building Trades Council could stifle development on projects with high land costs and thin margins.
But given the high costs of land and construction, without 421a, there's little incentive for the real estate industry to build new projects.
The ORR had concluded that the airport is not permitted to introduce higher charges for train operators that take into account the long term construction costs of the 8 km railway spur, used by Heathrow Express services, into central London.
Moody's said it was moving authority bonds from A1 to A2 — its sixth highest rating — because «future financial performance will rely to a much greater extent on as yet undetermined toll increases to support the bridge construction costs and that failure to adopt sufficient rate increases within the expected time horizon would pressure financial metrics.»
They argue that taxes and land and construction costs in New York are the highest in the country.
She warned the process would result in higher bidding costs for construction work if there are delays in getting approval.
As well as the expenses, Fort Schuyler paid LPCiminelli a developer's fee of about $ 20 million, or 3.5 percent of the cost of construction — a number that several local construction professionals said is remarkably high.
But the cost of construction has ballooned and will likely go much higher than the current official estimate of $ 13 billion, while the scheduled completion date has slipped repeatedly.
Aluminum has always been the primary material in spacecraft construction, but it provides relatively little protection against high - energy cosmic rays and can add so much mass to spacecraft that they become cost - prohibitive to launch.
And while EPA designed the rule to accommodate fossil fuel plants equipped with carbon capture and storage (CCS) technology, the Barnett report said such plants are unlikely to find favor with investors unless Congress provides incentives to defray their higher construction and operation costs.
The results of the science panel's decision have not been made public, but low construction costs and the high altitude of the site in the remote northern reaches of the country were believed to have given it the edge.
But Southern Co., the primary developer, is permitted to recapture costs during construction, and another project partner has a «hell or high water» sales contract requiring customers to keep paying down on the project's debt even if the reactors can't be completed.
Construction delays translated into higher costs when work that was supposed to be completed in one year got deferred to the next.
But the bulk of the reduction reflects declining construction costs for new laboratory facilities, including the National Bio - and Agro-Defense Facility, a $ 1.2 billion, high - security laboratory in Kansas.
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