{"id":1004087003,"date":"2013-11-19T11:12:26","date_gmt":"2013-11-19T19:12:26","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004087003"},"modified":"2022-12-05T12:44:00","modified_gmt":"2022-12-05T20:44:00","slug":"turner-cost-index-3q-2013","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/turner-cost-index-3q-2013\/","title":{"rendered":"Building Costs Climb as Development Revives"},"content":{"rendered":"<p>As development picks up speed, a steady rise in prices is an inevitable side effect. The cost of building has increased 4.3 percent since the third quarter of 2012, according to Turner Construction Co., which has tracked trends in construction prices for decades.<\/p>\n<p>&nbsp;<\/p>\n<div id=\"attachment_1004091019\" style=\"width: 399px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/02\/CPE_PropMgt_TurnerEnhancement.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004091019\" data-attachment-id=\"1004091019\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/turner-cost-index-3q-2013\/cpe_propmgt_turnerenhancement-2\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/02\/CPE_PropMgt_TurnerEnhancement.jpg\" data-orig-size=\"432,374\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"CPE_PropMgt_TurnerEnhancement\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Source: Turner Construction Co.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/02\/CPE_PropMgt_TurnerEnhancement.jpg?w=432\" class=\" wp-image-1004091019 \" alt=\"Source: Turner Construction Co.\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/02\/CPE_PropMgt_TurnerEnhancement.jpg\" width=\"389\" height=\"337\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/02\/CPE_PropMgt_TurnerEnhancement.jpg 432w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/02\/CPE_PropMgt_TurnerEnhancement.jpg?resize=300,260 300w\" sizes=\"auto, (max-width: 389px) 100vw, 389px\" \/><\/a><p id=\"caption-attachment-1004091019\" class=\"wp-caption-text\">Source: Turner Construction Co.<\/p><\/div>\n<p>&nbsp;<\/p>\n<p><em>For strategies to add greater value through asset upgrades, turn to &#8220;<a href=\"https:\/\/digital.commercialsearch.com\/news\/publication\/?i=184809&amp;p=43\">Makeovers in Motion<\/a>&#8221; in the December 2013 issue of CPE.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>As development picks up speed, a steady rise in prices is an inevitable side effect. The cost of building has increased 4.3 percent since the third quarter of 2012, according to Turner Construction Co., which has tracked trends in construction prices for decades. &nbsp; &nbsp; For strategies to add greater value through asset upgrades, turn&hellip;<\/p>\n","protected":false},"author":445,"featured_media":1004091019,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[37301],"tags":[],"class_list":["post-1004087003","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Building Costs Climb as Development Revives - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/turner-cost-index-3q-2013\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Building Costs Climb as Development Revives\" \/>\n<meta property=\"og:description\" content=\"As development picks up speed, a steady rise in prices is an inevitable side effect. The cost of building has increased 4.3 percent since the third quarter of 2012, according to Turner Construction Co., which has tracked trends in construction prices for decades. &nbsp; &nbsp; For strategies to add greater value through asset upgrades, turn&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/turner-cost-index-3q-2013\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2013-11-19T19:12:26+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-05T20:44:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/02\/CPE_PropMgt_TurnerEnhancement.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"432\" \/>\n\t<meta property=\"og:image:height\" content=\"374\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Paul Rosta\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/turner-cost-index-3q-2013\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/turner-cost-index-3q-2013\\\/\"},\"author\":{\"name\":\"Paul Rosta\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/ed97e8245f278ce01a7b951f706152af\"},\"headline\":\"Building Costs Climb as Development Revives\",\"datePublished\":\"2013-11-19T19:12:26+00:00\",\"dateModified\":\"2022-12-05T20:44:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/turner-cost-index-3q-2013\\\/\"},\"wordCount\":80,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/turner-cost-index-3q-2013\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2014\\\/02\\\/CPE_PropMgt_TurnerEnhancement.jpg\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/turner-cost-index-3q-2013\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/turner-cost-index-3q-2013\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/turner-cost-index-3q-2013\\\/\",\"name\":\"Building Costs Climb as Development Revives - 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