HOW LONG DOES NEW OR GROUND-UP CONSTRUCTION TAKE TO COMPLETE?
While the actual construction process may only take 6 to 8 months to fully complete a building, it’s the additional 6 to 12 months before the construction process starts that comprises the full schedule for new or ground-up construction.
For most markets and building jurisdictions, the fastest new construction process still takes over a year. However, the average new project takes 18 months to fully complete from first meeting to when the doors open to the public in your new office.
Ground up construction allows for the most precise and specific layout, ergonomics, finishes and style you can possibly choose, but with those benefits, also comes the longest lead time and typically, the most expensive project. All of which can be 100% worth it, but you always want to approach every transaction with a full understanding of timing, deadlines, procedures and cost.