Difference between revisions of "Development costs"

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Development costs are all those required to complete a new project such as housing
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Development costs are all those required to complete a new project such as housing. In the US, sometimes referred to as Total Development Cost (TDC). 
  
 
 
 
 
  
== Land acquisition cost ==
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== Cost components ==
  
 
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=== Land acquisition cost ===
  
== Entitlement cost ==
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=== Entitlement cost ===
  
 
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=== Design  ===
  
== Design  ==
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=== Financing ===
  
 
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=== Construction costs ===
  
== Financing ==
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=== Taxes and fees ===
  
 
 
 
 
  
== Construction costs<br/> &nbsp; ==
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&nbsp;
 
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== Taxes and fees<br/> <br/> &nbsp; ==
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== References ==
 
== References ==
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**"Yes, Red Tape and Fees Do Raise the Price of Housing."&nbsp;''Sightline,&nbsp;''July 24, 2017.&nbsp; [http://www.sightline.org/2017/07/24/yes-red-tape-and-fees-do-raise-the-price-of-housing/ http://www.sightline.org/2017/07/24/yes-red-tape-and-fees-do-raise-the-price-of-housing/].  
 
**"Yes, Red Tape and Fees Do Raise the Price of Housing."&nbsp;''Sightline,&nbsp;''July 24, 2017.&nbsp; [http://www.sightline.org/2017/07/24/yes-red-tape-and-fees-do-raise-the-price-of-housing/ http://www.sightline.org/2017/07/24/yes-red-tape-and-fees-do-raise-the-price-of-housing/].  
 
**"Housing delayed is&nbsp;housing denied (and rent increased)." Sightline, August 10, 2017.&nbsp;[http://www.sightline.org/2017/08/10/housing-delayed-is-housing-denied/ http://www.sightline.org/2017/08/10/housing-delayed-is-housing-denied/].<br/> &nbsp;  
 
**"Housing delayed is&nbsp;housing denied (and rent increased)." Sightline, August 10, 2017.&nbsp;[http://www.sightline.org/2017/08/10/housing-delayed-is-housing-denied/ http://www.sightline.org/2017/08/10/housing-delayed-is-housing-denied/].<br/> &nbsp;  
 
  
 
*California Department of Housing and Community Development. 2014 California Affordable Housing Cost Study, October 2014. [http://www.treasurer.ca.gov/ctcac/affordable_housing.pdf http://www.treasurer.ca.gov/ctcac/affordable_housing.pdf].<br/> &nbsp;  
 
*California Department of Housing and Community Development. 2014 California Affordable Housing Cost Study, October 2014. [http://www.treasurer.ca.gov/ctcac/affordable_housing.pdf http://www.treasurer.ca.gov/ctcac/affordable_housing.pdf].<br/> &nbsp;  
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*''The Economist''. "Efficiency eludes the construction industry: <span style="font-size: 13px;">American builders’ productivity has plunged by half since the late 1960s." August 17, 2017.&nbsp;[https://www.economist.com/news/business/21726714-american-builders-productivity-has-plunged-half-late-1960s-efficiency-eludes [1]].</span><br/> &nbsp;  
 
*''The Economist''. "Efficiency eludes the construction industry: <span style="font-size: 13px;">American builders’ productivity has plunged by half since the late 1960s." August 17, 2017.&nbsp;[https://www.economist.com/news/business/21726714-american-builders-productivity-has-plunged-half-late-1960s-efficiency-eludes [1]].</span><br/> &nbsp;  
 
*Emmett, Gary. "International construction market survey 2016." ''Turner and Townsend''.&nbsp;[http://www.turnerandtownsend.com/en/insights/international-construction-market-survey-2016/ http://www.turnerandtownsend.com/en/insights/international-construction-market-survey-2016/].<br/> &nbsp;  
 
*Emmett, Gary. "International construction market survey 2016." ''Turner and Townsend''.&nbsp;[http://www.turnerandtownsend.com/en/insights/international-construction-market-survey-2016/ http://www.turnerandtownsend.com/en/insights/international-construction-market-survey-2016/].<br/> &nbsp;  
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*Ive, G. and Gruneberg, S.&nbsp;The Economics of the Modern Construction Sector. (2000).&nbsp;<br/> [https://books.google.com/books?id=kCuBDAAAQBAJ&pg=PA264&lpg=PA264&dq=Ive+&+Gruneberg&source=bl&ots=aHTS_oEf2d&sig=ACfU3U1yQ6oWnuvDJD4yheGhieCXAC82Yw&hl=en&sa=X&ved=2ahUKEwidtNOkrvbkAhWTKn0KHT4TDiUQ6AEwB3oECDoQAQ#v=onepage&q&f=false https://books.google.com/books?id=kCuBDAAAQBAJ&pg=PA264&lpg=PA264&dq=Ive+%26+Gruneberg&source=bl&ots=aHTS_oEf2d&sig=ACfU3U1yQ6oWnuvDJD4yheGhieCXAC82Yw&hl=en&sa=X&ved=2ahUKEwidtNOkrvbkAhWTKn0KHT4TDiUQ6AEwB3oECDoQAQ#v=onepage&q&f=false.&nbsp;]<br/> &nbsp;
Ive, G. and Gruneberg, S.&nbsp;The Economics of the Modern Construction Sector. (2000).&nbsp;
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[https://books.google.com/books?id=kCuBDAAAQBAJ&pg=PA264&lpg=PA264&dq=Ive+&+Gruneberg&source=bl&ots=aHTS_oEf2d&sig=ACfU3U1yQ6oWnuvDJD4yheGhieCXAC82Yw&hl=en&sa=X&ved=2ahUKEwidtNOkrvbkAhWTKn0KHT4TDiUQ6AEwB3oECDoQAQ#v=onepage&q&f=false https://books.google.com/books?id=kCuBDAAAQBAJ&pg=PA264&lpg=PA264&dq=Ive+%26+Gruneberg&source=bl&ots=aHTS_oEf2d&sig=ACfU3U1yQ6oWnuvDJD4yheGhieCXAC82Yw&hl=en&sa=X&ved=2ahUKEwidtNOkrvbkAhWTKn0KHT4TDiUQ6AEwB3oECDoQAQ#v=onepage&q&f=false]
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*Korn, Peter.&nbsp;High cost of 'affordable.'" ''Portland Tribune.&nbsp;''February 06, 2014. [http://www.pamplinmedia.com/pt/9-news/209817-66668-high-cost-of-affordable http://www.pamplinmedia.com/pt/9-news/209817-66668-high-cost-of-affordable]. on Rob Justus / Home First Development.<br/> &nbsp;  
 
*Korn, Peter.&nbsp;High cost of 'affordable.'" ''Portland Tribune.&nbsp;''February 06, 2014. [http://www.pamplinmedia.com/pt/9-news/209817-66668-high-cost-of-affordable http://www.pamplinmedia.com/pt/9-news/209817-66668-high-cost-of-affordable]. on Rob Justus / Home First Development.<br/> &nbsp;  
 
*LePatner, Barry B. ''Broken Buildings, Busted Budgets: How to Fix America's Trillion-Dollar Construction Industry.''&nbsp;October 15, 2007. [https://www.amazon.com/Broken-Buildings-Busted-Budgets-Trillion-Dollar/dp/0226472698 https://www.amazon.com/Broken-Buildings-Busted-Budgets-Trillion-Dollar/dp/0226472698].<br/> &nbsp;  
 
*LePatner, Barry B. ''Broken Buildings, Busted Budgets: How to Fix America's Trillion-Dollar Construction Industry.''&nbsp;October 15, 2007. [https://www.amazon.com/Broken-Buildings-Busted-Budgets-Trillion-Dollar/dp/0226472698 https://www.amazon.com/Broken-Buildings-Busted-Budgets-Trillion-Dollar/dp/0226472698].<br/> &nbsp;  

Latest revision as of 21:12, 12 February 2020

Development costs are all those required to complete a new project such as housing. In the US, sometimes referred to as Total Development Cost (TDC). 

 

Cost components

Land acquisition cost

Entitlement cost

Design 

Financing

Construction costs

Taxes and fees

 

 

References