CAMERON DEVELOPMENT CORPORATION Major Factors Affecting Development - - PowerPoint PPT Presentation

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Aug 09, 2023 265 likes •309 views

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.

SLIDE 1

CAMERON DEVELOPMENT CORPORATION

SLIDE 2

Major Factors Affecting Development Major Factors Affecting Development

1. 1.

Rising Construction Costs Rising Construction Costs

2. 2.

Supply Demand Factor Supply Demand Factor

3. 3.

Time Delays Time Delays

4. 4.

Ad Hoc Policy Implementation Ad Hoc Policy Implementation

5. 5.

Rising Land Costs Rising Land Costs

SLIDE 3

Cost Increase of Developing Retail CRU Cost Increase of Developing Retail CRU (2004 (2004 – – 2007 Comparison) 2007 Comparison)

Year Year Land Land Off Off-

Site Servicing

Site Servicing Site Work Cost Site Work Cost 80% 80% 18% 18% 61.5% 61.5% 2006 2006 -

2007

2007 53% 53% 23.8% 23.8% 19% 19% 25% 25% Total Percentage Total Percentage Increase Increase 2004 2004-

2007

2007 400% 400% 73% 73% 127% 127% 100% 100% 44% 44% Building Cost Building Cost 2004 2004 -

2005

2005 16.6% 16.6% 26% 26% 2005 2005 -

2006

2006 20% 20% 26.3% 26.3%

SLIDE 4

Retail CRU Retail CRU Cost Increases vs. Rent Increases Cost Increases vs. Rent Increases Annual Comparison 2004 Annual Comparison 2004 -

2007