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By Shempatolla (registered) - website | Posted February 17, 2011 at 12:02:06 in reply to Comment 59803
Thats a blanket statement that depends on each and every building, its condition, its age, its type of construction and the desired "feel" and look the developer is attempting to accomplish.
In general any renovation/redevelopment is fraught with unforseen costs in addition to known procedures that must take place before any kind of conversion can even start.
The build process takes longer, retrofitting building systems can be problematic, and sometimes you get into a portion of a project to the enth degree only to find "we can't do this this way"
So an individual project might ......MIGHT...... come in costing less than new build. But generally no.
Cheers
Greg Galante
Hamilton
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