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For community college district, the time to build is now: lower construction costs leads to $4.5m in savings.

Publication: San Diego Business Journal
Publication Date: 28-APR-08 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
Despite the fallout in the housing and capital markets--or perhaps because of it--landowners are receiving lower prices on construction bids, dampening a five-year trend of escalating construction costs.

The San Diego Community College District reported this month that it saved $4.5 million on two construction projects. The San Diego City College P-Building renovation project came in $500,000 under bid at $6.78 million; and the San Diego Mesa College Allied Health Building came in $4...

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