The final mile in business development: cost savings or loss of value?
Reading time: 3 MinutesHe bought the land at a high price, adopted a distinctive design, and spent on construction. Before the opening, he discovered the project had exceeded its budget. He began looking for what could be cut: some landscaping, lighting, facade specifications, and perhaps even the facilities management contract. The building would function, and the tenants could live without these "luxuries." This is a hypothetical scenario, but it reveals a real risk: trying to address development excesses by compromising the quality of the finished product… Read more
