US EditionGeneva reclaims title of world's most expensive city to build in, says Arcadis in latest International Construction Costs report
- Arcadis released its International Construction Costs report on May 13, 2025, naming Geneva the most expensive city worldwide to build in, surpassing London.
- This ranking reflects ongoing pressures from high demand, labor shortages, and complex regulations affecting construction costs in major European and North American cities.
- Geneva maintained its position as the most expensive city for construction, with London in second place, followed by Zurich, then Munich, and New York City completing the top five. Meanwhile, inflation moderated in some parts of the United States but continued to persist in regions including Australia, Eastern Europe, and various areas in Asia.
- Juud Tempelman of Arcadis highlighted that embracing change creates new possibilities, noting that project success relies on blending innovative concepts with thorough planning and flexible approaches in today's complex and capital-constrained environment.
- The report suggests that despite challenges, growth opportunities remain strong in sectors like data centers, healthcare, and social infrastructure, while rising borrowing costs and geopolitical factors reshape investment strategies.
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The Courier-Tribune+33 Reposted by 33 other sources
Geneva reclaims title of world's most expensive city to build in, says Arcadis in latest International Construction Costs report
London falls to second place; Zurich, Munich, and NYC round out the top five most expensive cities.Labor shortages and regulatory complexity fuel cost escalation as new global dynamics shape development realities.Bright spots emerge in growth areas such as energy infrastructure…
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