Jeramey Jannene
Eyes on Milwaukee

Construction Costs Will Rise Slightly

Report also says Milwaukee building boom should continue through 2016.

By - Mar 1st, 2016 05:38 pm

Report also says Milwaukee building boom should continue through 2016. Back to the full article.

Photos - Page 4

2 thoughts on “Eyes on Milwaukee: Construction Costs Will Rise Slightly”

  1. Chris says:

    One thing I couldn’t figure out from the article, what do the effects of construction costs indicate for the development or overall growth of an area? Do escalating costs indicate more demand growth or do they have a negative effect?

  2. Jeramey Jannene says:

    @Chris – If they’re in line with national norms (as Mortenson predicts) and only a small percentage amount (again as Mortenson predicts), I would imagine they won’t blow up a pro forma for a project in the queue. That is, the boom won’t be stopped because of skyrocketing construction costs.

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