The Hidden Costs of Land Development: Are You Prepared? Developers often focus on planning and construction costs, but utility constraints are an overlooked factor that can cause significant delays and additional expenses. Issues such as power capacity limitations, inadequate water and drainage infrastructure, and restrictive planning regulations can all impact a project’s feasibility. Many developers assume utility connections will be straightforward, only to find themselves dealing with long lead times, complex negotiations with providers, and unforeseen costs. In some cases, electricity upgrades alone have resulted in six-figure expenses. Addressing these challenges early in the process is crucial to keeping projects on schedule and within budget. What are the biggest utility challenges you have faced in development? Share your thoughts in the comments. #PropertyDevelopment #HouseBuilding #Utilities #RenewableEnergy #Infrastructure

Posted by BTS Property Consultancy at 2025-02-04 15:50:25 UTC