X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Andrew Starrels Andrew Starrels

Tariffs are fueling already high construction costs. Raw materials tariffs, which include lumber and steel, are adding to construction costs, which are up 2.5% to 3% annually. We sat down with Andy Starrels, a member of Holland & Knight’s West Coast Land Use and Environment Group, to talk about the impact the tariffs have had on both residential and commercial construction costs, including the long-term impacts, the assets classes most impacted and advice for developers facing increasing costs.

Kelsi Maree Borland

Kelsi Borland is a freelance writer and editor living whose work has appeared in such publications as Travel + Leisure, Angeleno and Riviera Orange County.

More from this author

GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.