Markets

The Pros and Cons of New Construction Versus Renovation
There's no sure answer when determining whether to construct a new building or renovate an old one. Here are several factors to consider when making the decision.
By Kim Ashby
September 21, 2018
Topics
Markets
by Kim Ashby
Kim Ashby is a partner and litigation lawyer with Foley & Lardner LLP, Orlando, Fla. She represents developers, contractors, and governmental entities on a range of complex litigation matters, including lenders and special servicers in CMBS foreclosures and workouts.
Related stories
Markets

Construction Futures: July 2025 Economic Roundup
By Construction Executive
Construction spending is dwindling yet employment is up; materials prices are increasing while backlog is rebounding.
Markets

'It’s Going to All Work Out for America': Anirban Basu on 2025 Mid-Year Construction Economic Forecast
By Construction Executive
‘Eventually, it’s going to all work out for America,' posited ABC Chief Economist Anirban Basu during Construction Executive's 2025 Mid-Year Construction Economic Update and Forecast webinar.
Markets

June Nonresidential Construction Materials Prices Up 2.5% Year-Over-Year, 43% Since February 2020
By ABC
Construction backlog is back up, but so are input prices for nonresidential construction materials.