Categories
Home Improvement News

Making the grade: Why school construction costs are climbing and projects are stalling

When California-centered C.W. Driver Cos. began operate on the new 94,000-square-foot K-eight ​Cadence Park University campus in Irvine in 2016, the all round development costs came in at $475 for each square foot. 

But in 2019, as the organization began mapping out the development of Heritage Fields University No. three, yet another K-eight campus for the Irvine Unified University District, costs had surged to $598 a square foot.

That is a jump of 26% in just three years, and it echoes a trend skilled all over the country.

Primary algebra: Costs are adding up

“Over the past few years,

Read More