Construction costs in San Francisco, according to management and consulting firm Turner & Townsend’s “2019 International Construction Market Survey,” were the highest in the world at the end of 2018 at an average of $416 per square foot and 5% higher than 2017. San Francisco edged out No. 2 New York City, where construction costs rose 3.5% to an average of $368 per square foot. Following San Francisco and New York City were London ($352 per square foot), Zurich ($349) and Hong Kong ($348). In North America the next most expensive cities in which to build were Seattle ($338), Chicago ($296), Vancouver ($253), Indianapolis ($244), Phoenix ($241), Atlanta ($240), Houston ($237) and Toronto ($237) READ HERE
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