It’s very common for developers, contractors and consultants to estimate construction cost escalation, for all asset types and trades, based on a single number or range. This is dangerous and can lead to grossly inaccurate development budgets and forecasts, and more time (and money) spent on contingency plans down the road. Won’t it all even
Construction is underway for the first phase of a mixed-use commercial plaza at 1405 Bloor St., on the southeast corner of Bloor Street and Townline Road in Courtice. Just the facts: The two-storey commercial plaza will have 7,000 square feet of ground floor retail space and approximately 8,000 square feet of office space on the
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