Building costs in residential development increased over the past five years by about 50% with other segments doing a little better.The way to cost reduction goes through quality initial concept, suitable selection of technical security of buildings and reliable construction management. Investor can save up to dozens of percent of the estimated project price in the planning phase and further savings can be gained if the development proceeds without appointing a general contractor.
Construction management is frequently used abroad and is only in its infancy here in Czech. Nevertheless, the potential is enormous. Everything starts with a well thought-through concept, which leaves out unnecessary expensive solutions and detects possible negatives of the project and location at the same time.
See the story including comments from our experts Ing. Karel Rod, Ing. Martin Hubač and Ing. arch. Karol Lakatoš in the November issue of Development News or here: