More Developments Getting Mothballed Because Of Spiking Costs


More Developments Getting Mothballed Because Of Spiking Costs


Developers around the country are continuing to scrap commercial projects as soaring diesel prices and the rising cost of construction materials are breaking the budgets of long-planned undertakings. 

Earlier this month, packaging-making giant Georgia-Pacific abandoned plans it announced in 2024 to turn part of its 51-story headquarters building into apartments, retail and entertainment space, canceling its high-profile Atlanta conversion project over construction costs...


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RSK: Getting to the point where unless you find a building that suits your needs pretty much as is, it doesn't make sense to buy and rehab.

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- Volume: 26 - WEEK: 42 Date: 10/13/2026 6:11:46 PM -