HAWAII CONSTRUCTION MARKET UPDATE & THE ROAD AHEAD

On April 30, 2021 an expert panel comprising the most dynamic players of Rider Levett Bucknall delivered the Q1 Hawaii Market Outlook and Road Ahead virtual presentation to our local AACE chapter. Using their independent cost research in the local market and recently published data in RLB’s Q1 2021 Quarterly Construction Cost Update for North America, the leadership team shared their insight on the state of Hawaii’s construction market and how current supply and demand constraints may influence the cost and timing of projects across the islands. The presentation offered a comprehensive look at economic indicators and activity cycles in U.S. & Hawaii, Industry impacts & labor trends across the Hawaiian Islands, RLB’s construction cost analysis, and risk mitigation strategies for consultants in a post-pandemic era. The presentation file can be accessed here.