CHICAGO, Ill. – The copious growth of the construction industry in 2015 is fueling continued strong activity in 2016. According to JLL’s latest report on nonresidential construction activity, the rate of growth in construction is slowing—yet, starts continue at a strong pace. The catch: growth is expensive. While a welcome decline in prices for steel and some other materials is underway, high labor costs, glass prices and steep competition throughout the industry continue to prove challenging. “For financial viability, project sponsors will need to strike a balance between the lower costs for some materials, like steel, and the ever-increasing cost … Read more