Published November 9, 2007 in
News In response to the rapidly rising construction prices in the Boston area, Brandeis University has attempted to accomplish as much of its prioritized scheduled construction as quickly as possible, most recently announcing the future removal of Pollack Fine Arts Teaching Center in June 2008 to make way for the new Edmond J. Safra Center for the Arts.
Construction work costs may multiply to as much as 300 percent of current levels within a couple of years, explained Dan Feldman, Vice President of Capital Projects. Feldman attributes the rising costs to national and global demand for similar construction supplies and to the high cost of living in Boston. The implication of this is that costs for new building [and for renovations] areincreasing significantly faster than the consumer price index, stated Feldman.