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Construction costs increased more than 5% last year, and they will likely climb again this year with pressure from tariffs and the ongoing labor shortage. Developers are looking for ways to curb costs in other ways to offset the rising prices. As construction costs continue to increase, developers can benefits from better pre-construction planning and scheduling.

“In the rising cost environment, today’s developers can deeply benefit from utilizing pre-construction services, which involve planning and scheduling, identifying potential problems, scope of project, estimating costs, and analyzing project needs,” Richard Lara, president and CEO of RAAM Construction, tells GlobeSt.com. “This is a service our firm conducts regularly, especially in the affordable housing sector, and it can be a game changer for developers, who understand that it’s essential to keep costs down without sacrificing quality.”

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.

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