High-Tech Tools And Greater Efficiencies Could Combat The Rise In Construction Costs

Few issues currently vex developers more than rising construction costs, but there are ways to fight back against price increases.

And even though experts agree costs will continue going up, one way or another, developers will find a way to keep building.

"Developers, by definition, are almost unreasonably optimistic," Antheus Capital founder and principal Eli Ungar said at Bisnow's Chicago Construction & Development event May 30 at Skender's new modular housing manufacturing plant on Chicago’s Southwest Side.