ESI Principal and Senior Vice President, Peter Angelides, moderated and presented at the Urban Land Institute conference, 11th Annual Urban Issues Forum: Inviting Real Estate Growth – The True Costs of Development. Dr. Angelides explored the causes of Philadelphia’s high real estate development costs, as well their impact on low rents.
His presentation covered the contributing factors for high costs such as site acquisition, and financing, as well as the possible gains with adjusted development costs, and is available to view here: