Will Higher Ed Building Projects Flunk the Test?
Higher education is a backbone of Greater Boston’s construction market, but cracks are starting to show and many schools are focusing on renovations instead.
Higher education is a backbone of Greater Boston’s construction market, but cracks are starting to show and many schools are focusing on renovations instead.
The Russian invasion of Ukraine and new spending driven by the $110 billion Infrastructure Investment and Jobs Act will place more price pressure on construction projects in the coming months, according to a pair of industry reports.
Construction costs rose 4.2 percent on an annualized basis in Greater Boston, slightly less than the national average, according to a new industry report.