CAMERON DEVELOPMENT CORPORATION Major Factors Affecting Development - PowerPoint PPT Presentation

CAMERON DEVELOPMENT CORPORATION

Major Factors Affecting Development Major Factors Affecting Development Rising Construction Costs Rising Construction Costs 1. 1. Supply Demand Factor Supply Demand Factor 2. 2. Time Delays Time Delays 3. 3. Ad Hoc Policy Implementation Ad Hoc Policy Implementation 4. 4. Rising Land Costs Rising Land Costs 5. 5.

Cost Increase of Developing Retail CRU Cost Increase of Developing Retail CRU (2004 – – 2007 Comparison) 2007 Comparison) (2004 Year Land Off- -Site Servicing Site Servicing Site Work Cost Building Cost Year Land Off Site Work Cost Building Cost 2004 - - 2005 2005 80% 16.6% 18% 26% 2004 80% 16.6% 18% 26% 2005 - - 2006 2006 44% 20% 61.5% 26.3% 2005 44% 20% 61.5% 26.3% 2006 - - 2007 2007 53% 23.8% 19% 25% 2006 53% 23.8% 19% 25% Total Percentage Total Percentage Increase 400% 73% 127% 100% Increase 400% 73% 127% 100% 2004- -2007 2007 2004

Retail CRU Retail CRU Cost Increases vs. Rent Increases Cost Increases vs. Rent Increases Annual Comparison 2004 - - 2007 2007 Annual Comparison 2004 120 110 100 80 Retail CRU 60 Cost Increase 40 Rent Increase 40 31.7 26.3 25.7 20 15 13.6 8 0 2004 - 2005 - 2006 - 3 Year 2005 2006 2007 Increase