The Beck Group Releases Summer 2023 Cost Report

  • Aug 29, 2023

The international design-build firm says commercial construction industry remains resilient despite slowdown in project starts

The Beck Group released its Summer 2023 Cost Report. The biannual report addresses the market sector and AEC industry trends in the design-build firm’s regional markets.

The firm sees resiliency in the commercial construction industry despite the slowdown in construction activity, higher interest rates and tighter lending requirements affecting owners. Other insights you will find in the latest edition include the following:

  • An up-to-date market cost analysis for multiple commercial sectors, including multifamily, healthcare, and higher education.
  • Insights to understand the economic complexities the industry has experienced in the last six months.
  • And finally, the five keys to a successful office-to-residential conversion, according to thought leaders in its architecture and design studio.

Download the 2023 summer report to learn more.