Mapping the Costs of New Home Construction - Affordable Housing
The attached poster has been compiled to help everyone visualize and track the new construction asset mgmt. lifecycle. Note especially the workflow process/timeline breakdown in the middle section of the poster – integrated teams from design/engineering through the GC are needed to increase speed through the development & permitting process.
At a summary level, here are the current economics based upon the first 2 builds in Orlando, FL:
Note that this performance benchmarking model is helpful to Map, Measure & Manage the alignment of stakeholders involved in every project.