2&2 Slider To Leyritz
Well-known member
Yep, pretty much everything triggers Davis Bacon, Section 3, and MWBE now, which are all a fucking shitshow and a large portion prices are going through the roof.we do almost all 100% permanent supportive housing, so it's definitely a different game than what I imagine you're building
in addition to building more non-residential space for services, we also get a lot of money triggering Davis Bacon and state prevailing wage
only way I can see you guys building 66 units for $10 million is if you have design and construction in house and are taking haircuts at every turn to make money on the aggregate
And yes, construction in-house, captive architect, and property management in-house. I honestly think that is the only way to make it work on a large scale in the current environment. We have a sitework director in house, but we've been trying for years to find full civil and survey to bring captive. That is currently our biggest controllable development delay.