Chicago Construction Costs Third-highest in Country
Chicago, the nation’s third-biggest metro area, also ranks third when it comes what developers pay to put up office, apartment and other buildings.
Only New York and San Francisco have higher construction costs than the Chicago market, according to a report from Jones Lang LaSalle. Construction costs here have risen 31.6 percent over the past decade, more than any other metro area in the Midwest but less than several others in the country, especially those on the West Coast, the report shows.
Read more at Crain's
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