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Local developers feel sting of high construction costs

By , Daily Memphian Updated: October 11, 2021 4:00 AM CT | Published: October 11, 2021 4:00 AM CT

The global supply-chain shortage, which first took its toll on automobile manufactures in need of semiconductor chips, eventually affected the cost of lumber. Developers like the Henry Turley Co. were left trying to keep construction projects on time and on budget. 

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Topics

Commercial Real Estate construction costs inflation Subscriber Only One Beale Orleans Place Alex Turley Chance Carlisle

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Rob Moore

Rob Moore

Rob Moore is an Arkansas native who moved to Memphis to attend the University of Memphis. He holds a B.A. and an M.A. in English. He covers Economic Development and Commercial Real Estate.


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